Whether a business manager leads a department, team, or entire organization, it is vital to get familiar with the different management styles.
Knowing about these is an important part of understanding what is business management at its core.
That said, given below are 8 business management types a business manager can adapt to.
1. Democratic management style
The democratic management style helps create a bond of trust and mutual understanding between an organization’s employees and the upper management.
The leaders usually seek input from the employees before making a business decision. Business managers who follow this management style are open to experimenting with new ideas.
2. Laissez-faire management style
Business managers who adopt the Laissez Faire management style do not believe in micromanaging employees.
Employees have complete freedom when working on a given task. It is the best management style when it comes to managing a team of highly experienced professionals.
3. Autocratic management style
Autocratic business managers believe in focusing on results and efficiency. They micromanage the workforce to ensure that everyone follows the organization’s policy.
This management style comes in handy when there are inexperienced employees who need clear and strict instructions regarding a task.
4. Collaborative management style
The collaborative management style requires coordination between managers, supervisors, and employees to attain a common objective.
In this management style, all the employees from different departments work together to ensure the organization achieves its business objectives.
5. Coach management style
Business managers who possess the qualities of a sports team coach can adapt to the coach management style. They have to focus on an employee’s development and know what motivates every team member.
Coach management style helps managers identify the strengths and weaknesses of every team member. It helps push an employee to perform beyond their limitations and improve their chances of growth.
