Business & Finance homework Help| Business & Finance homework help
I believe that a mixture of each of these management styles is the best. Each one of these approaches has its advantages and disadvantages, so it’s important to take an integrated approach in order for an organization to be successful. Management can adjust to changes in circumstances and customer requirements by having a mixture of collaborative, democratic, laissez faire, persuasive, or autocratic leadership. This leadership style encourages innovation and creativity while maintaining order and structure. A multi-style leadership approach can help managers engage their employees better and encourage them to collaborate towards common goals. It will also lead to increased efficiency in operations, which will ultimately result in happier customers.
When combined, these management styles allow organizations to maximize the potential benefits of each while also minimizing their drawbacks. This results in improved performance across all levels.