subject: Management Styles In Business - Understand 4 Basic Management Styles to Be an Effective Manager [print this page] Management Styles In Business - Understand 4 Basic Management Styles to Be an Effective Manager
Management Styles In Business
In the corporate world, there needs to have a formal structure that organizes the tasks to manage the corporate office in its controllable manner. It is often ruled by a hierarchy of organization structure. This structure is commonly termed as organization chart.
In order to be effective as a manager at various level in the organization structure, he or she are often challenged bywork environment. How does his or her management style help to manage the situation. The four basic Management Styles is listedbelow:-
1) Autocratic Style
Perhaps is the oldest style in managing a group of people to get things done. This style of management is very obvious in the olden days of slavery where only the "master" give command and the slaves just follow. However, it is by no means the is a slavery type of management.
If you pay attention to this style, what it indicates is that there is always a one way communication where the "commander give out order and expect it to get done without any question. Even until today, this style of managingstill exist and effective in environment such as arm forces, emergency situation, crisis management etc where there is not time to wait or entertaining any feedback or suggestion. And autocratic style of management is most effective. Management Styles In Business
2) Democratic Style
Just the opposite to autocratic management style, tasks carryout only after getting people's opinion and rule bya majorityvote. A very obvious example is ageneral electionof a country, election of certain official in an organization of society. However, a democratic management style can and often apply in business when the manager makes decisionbased onthe agreement of the majority.
However, the style of management is normally guided by the manager who has made certain evaluation of the possible solutions and let the employees pick one among the best options.
3) Participative Style
This style of management is quite similar to the democratic type of managementin getting opinion from the mass employees. However, the decision is not necessary follow the majority vote. What it does is to seek feedback and opinion from employee and then make a decision on his own.
4) Laissez Faire
This style of management is a free hand management style where managers do not make decision nor interfere. It just let the issue develop by itself whether to the better or worst. This type of management style is best to handle rumor. for an example, aconflict among two or more parties is best let the parties involved settle on their own. Management Styles In Business