Most Common Leadership Styles and Their Pros and Cons in 2023

I came across an article discussing common leadership styles. Here are a few snippets that you might find interesting.

You likely know firsthand that there are different types of leaders. But how can you define their specific leadership styles? Here’s the good, bad, and the ugly on 10 of the most common, “textbook” approaches to leadership.

These styles are based on the findings of several well-known leadership researchers (such as Karl Lewin, Bernard M. Bass, Robert K. Greenleaf, and more). However, since leadership is part art and part science, be aware that you could see various experts define these styles a little differently.

1. Transactional leadership

The best way to understand transactional leadership is to think of a typical transaction: I give you this, and you do this in return.

That’s the basis of this leadership style. Transactional leaders dish out instructions to their team members and then use different rewards and penalties to either recognize or punish what they do in response.

Think of a leader offering praise to applaud a job well done or mandating that a group member handles a despised, department-wide task because they missed a deadline. Those are examples of rewards and punishments in a work setting.

Needless to say, this approach is highly directive, and is often referred to as a “telling” leadership style.

Pro: Confusion and guesswork are eliminated, because tasks and expectations are clearly mapped out by the leader.

Con: Due to the rigid environment and expectations, creativity and innovation may be stifled.

2. Transformational leadership

Again, with this leadership style, it’s all in the name: Transformational leaders seek to change (ahem, transform) the businesses or groups in which they lead by inspiring their employees to innovate.

These leaders are all about making improvements and finding better ways to get things done. And as a result, they inspire and empower other people to own their work and chime in with their suggestions or observations about how things could be streamlined or upgraded.

Under transformational leaders, people have tons of autonomy, as well as plenty of breathing room to innovate and think outside the box.

Pro: Leaders are able to establish a high level of trust with employees and rally them around a shared vision or end goal.

Con: In environments where existing processes are valued, this desire to change things up can ruffle some feathers.

3. Servant leadership

Servant leaders operate with this standard motto: Serve first and lead second.

Rather than thinking about how they can inspire people to follow their lead, they channel the majority of their energy into finding ways that they can help others. They prioritize the needs of other people above their own.

Despite the fact that they’re natural leaders, those who follow the servant leadership model don’t try to maintain a white-knuckle grasp on their own status or power. Instead, they focus on elevating and developing the people who follow them.

As Simon Sinek eloquently explains in his book, Leaders Eat Last: Why Some Teams Pull Together and Others Don’t:?“Leaders are the ones who are willing to give up something of their own for us. Their time, their energy, their money, maybe even the food off their plate. When it matters, leaders choose to eat last.”

Pro: This approach boosts morale and leads to a high level of trust, which results in better employee performance and a more positive company culture overall.

Con: It’s challenging. Constantly pushing your own needs and priorities to the backburner isn’t something that comes as second nature for most of us.

Want to know more? Head on over to the full article here for more ideas and perspectives. Afterwards, why not drop me an email to share your thoughts at [email protected]; or call me on 0467 749 378.

Thanks,

Robert