The main leadership theories that are presently acquiring traction

The main leadership theories that are presently acquiring traction

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Leading by example and motivating your direct reports is considered among the most reliable management methods nowadays.

If you're preparing 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 coach that knows you personally and validates what you want to accomplish. Your coach can be your line supervisor, an executive person that you have a great relationship with, and even a member of the family. This experience can actually assist you develop essential leadership traits as you would be learning first-hand from somebody who has spent years and even decades in a position of leadership. People like Peter Hebblethwaite of P&O would likely concur that shadowing reliable leaders can be a wonderful learning experience to assist young leaders develop the best skillset.

Developing the best management approach depends upon elements like personality type, the size of the company or team you will be managing, and the market within which you operate. For example, strategic leadership is most ideal for companies that are looking into growth and expansion opportunities. In this context, a tactical leader is anticipated to create business growth while at the same time managing the day-to-day business to ensure stability and consistency. For smaller sized businesses that follow a purely technocratic design, a laissez-faire management method can be most effective as each staff member would cover their area of know-how with very little interference from senior management. Regardless of the model chosen, to make sure the success and resilience of any organisation, leaders should set out some objectives at the start of each year as this is a guaranteed way to increase performance. This is something that people like Gianni Onorato of MSC Cruises will understand.

Management is a continuous learning curve that is typically characterised by continuous 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 add 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 one of the most essential cornerstones of good management. This is due to the fact that having an open line of communication with your personnel would encourage them to be more transparent, which in time develops trust and boosts general morale. Beyond this, leaders must make an effort to connect with their direct reports and cultivate a sense of unity within the group. This could be achieved in various methods but taking part in team building activities is widely viewed as the most reliable.