Meaning of Leadership
Leadership is the process of influencing, guiding and directing to the employees. Leadership is the ability to induce employees to work with confidence and enthusiasm. Leadership is an important pillar of management. it influences the employees to work in a systematic manner and achieve the goal of the company.
3 Leadership Styles and Examples
Democratic Leadership Style
Democratic leadership style includes the participation of the employees in every productive decision of the company. Democratic leadership is very open leadership it engages the employees and asks their opinions, in order to get the best decisions for the company. Democratic leadership style becoming common in modern business. Managers are using these methods because they know the value of participation of the employees.
Democratic leadership style examples: Google, Facebook, Microsoft and etc.
Autocratic Leadership style
In Autocratic leadership, One person takes all the decisions and asks very little advice of their subordinates. In this process, Leader does not involves employees much in decision making. Autocratic leaders make their decision or choices on the basis of their faith and belief.
Autocratic leadership examples: Adolf Hitler, Queen Elizabeth I, Genghis Khan and etc.
Laissez-Faire Leadership Style
Laissez-faire leadership is also known as delegative leadership. In this leadership, leader gives all decision making power to their group members. This leadership style helps to understand work productivity and bound of the employees.
Laissez-faire leadership examples: Panama Canal, Hoover Dam, Interstate Highway System and etc.