The main leadership theories that are presently acquiring traction

The main leadership theories that are presently acquiring traction

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There are some core abilities that every leader needs to work on no matter their post. Here are some examples.

Leadership is a constant learning curve that is often characterised by continuous changes and improvements to one's management style. Just like any other skill, 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, people like Katie McAlister of Cunard would likely confirm that participating in sincere and open communication is one of the most essential foundations of good management. This is because having an open line of communication with your staff would motivate them to be more transparent, which in time constructs trust and boosts general morale. Beyond this, leaders ought to make an effort to bond with their direct reports and cultivate a sense of unity within the group. This could be attained in different ways but participating in team building activities is commonly viewed as the most reliable.

If you're preparing to chase management or leadership positions in the future, one of the best strategies you can utilise is shadowing a terrific leader in your organisation. While theory is constantly an excellent basis for obtaining understanding, useful experience reigns supreme when it comes to picking up new abilities. In the context of management, make sure that you find a mentor that knows you personally and validates what you want to achieve. Your coach can be your line supervisor, an executive person that you have an excellent relationship with, or perhaps a member of the family. This experience can actually assist you develop crucial leadership traits as you would be learning first-hand from someone who has spent years and even decades in a position of leadership. People like Peter Hebblethwaite of P&O would likely agree 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 aspects like personality type, the size of the business or team you will be managing, and the industry within which you operate. For instance, strategic leadership is most ideal for businesses that are looking into growth and expansion opportunities. In this context, a strategic 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 approach can be most effective as each staff member would cover their area of knowledge with very little disturbance from senior management. Regardless of the model picked, to make sure the prosperity and resilience of any organisation, leaders need to set out some goals at the start of each year as this is a surefire method to increase efficiency. This is something that people like Gianni Onorato of MSC Cruises will understand.