What are the different leadership styles and how do they impact strategy?

What are the different leadership styles and how do they impact strategy?

There are several leadership styles, including transformational, transactional, and servant leadership. Each style influences strategy differently. For instance, transformational leaders inspire innovation and change, while transactional leaders focus on structure and results.

Can you explain how a transformational leader would approach strategy?

A transformational leader would approach strategy by fostering a vision that motivates and engages employees. They would encourage collaboration and creativity, allowing team members to contribute ideas that align with the overall goals.

What about a transactional leader?

A transactional leader would focus on clear structures and processes. They would set specific goals and use rewards and punishments to motivate team members, ensuring that everyone meets their targets.

Which style is more effective in a crisis?

In a crisis, a transactional leadership style may be more effective due to its focus on quick decision-making and clear directives. However, transformational leaders can also play a crucial role by inspiring and rallying the team around a common goal.