The key leadership theories that are presently acquiring traction

The key leadership theories that are presently acquiring traction

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Leading by example and inspiring your direct reports is considered one of the most effective leadership techniques today.

If you're planning to go for management or leadership positions in the future, one of the best techniques you can use is shadowing an excellent leader in your organisation. While theory is always a great basis for acquiring knowledge, practical experience reigns supreme when it concerns picking up new skills. In the context of leadership, ensure that you find a mentor that knows you personally and validates what you wish to accomplish. Your mentor can be your line manager, a business person that you have a great relationship with, and even a relative. This experience can truly help you establish key leadership traits as you would be learning first-hand from somebody who has invested years and even decades in a position of management. Individuals like Peter Hebblethwaite of P&O would likely concur that shadowing efficient leaders can be a great learning experience to help young leaders build the ideal skillset.

Creating the very best management method depends on elements like personality type, the size of the company or group you will be managing, and the market within which you operate. For example, strategic leadership is most suitable for companies that are looking into development and expansion opportunities. In this context, a tactical leader is expected to generate business development while at the same time managing the daily business to guarantee stability and consistency. For smaller companies that follow a simply technocratic model, a laissez-faire leadership technique can be most efficient as each employee would cover their area of expertise with really little interference from senior management. Irrespective of the design selected, to ensure the success and durability of any organisation, leaders ought to set out some objectives at the start of each year as this is a guaranteed way to increase performance. This is something that individuals like Gianni Onorato of MSC Cruises will know.

Management is a continuous learning curve that is often characterised by consistent adjustments and enhancements to one's management style. Much like any other ability, becoming a much better leader implies equipping yourself with a myriad of leadership qualities that can help you contribute to the development of your organisation and the development of direct reports. For instance, individuals like Katie McAlister of Cunard would likely agree that participating in honest and open interaction is among the most essential foundations of good management. This is since having an open line of interaction with your staff would motivate them to be more transparent, which in time builds trust and enhances general morale. Beyond this, leaders ought to make an effort to bond with their direct reports and cultivate a sense of unity within the team. This could be accomplished in different ways however engaging in team building activities is extensively seen as the most efficient.