Risk & Business Magazine Cain Insurance Risk & Business Magazine Summer - Page 30

9 TYPES OF LEADERSHIP I Types Of Leadership BY RYAN CAIN, CAIN INSURANCE n simple terms, leadership is the skill used to motivate a team to achieve a certain goal. It is an art form to be able to motivate a team with great skill and management. Leadership is a complete process, not a single act. THE FOLLOWING ARE THE NINE TYPES OF LEADERSHIP STYLES: 1. AUTHENTIC LEADERSHIP Authentic leadership is known as clean leadership. A newer approach, authentic leadership is generally seen as a contrast from stereotyped views of racing to get revenue and achieving personal gains. Authenticity is more about being good and genuine and not trying to act in a manipulative manner. 2. AUTOCRATIC LEADERSHIP This is the solo leadership type where leaders can make the decisions and control the project without discussing it with team members. This type of leadership comes 30 with a higher level of authority and power over employees. Where you need to have close supervision over others, this type of leadership is most impactful. 3. TRANSFORMATIONAL LEADERSHIP This type of leadership focuses on the leader as a facilitator of change. With this approach a leader aims for influential changes in the assumptions and attitudes held by the other members of the organization and sets up objectives and goals for the sake of the organization. 4. TRANSACTIONAL LEADERSHIP This type of leadership involves leading by exception, contrast, punishment, and intervention. This strict approach can create a significantly negative work environment, affecting the performance and emotions of employees. 5. CHARISMATIC LEADERSHIP A charismatic leader is a visionary who leads the team by infusing team members with enthusiasm and energy. This type of leader is a role model for the team and motivates other team members to give a higher level of performance. Charismatic leaders are thoroughly committed to their organizations and have lots of self-belief and confidence. 6. PARTICIPATIVE LEADERSHIP This style of leadership is also known as democratic leadership. Leaders of this type consult with their team members and consider their ideas and thoughts before finalizing a decision. 7. DIRECTIVE LEADERSHIP Directive leaders provide guidance to the team about the work and the work process, scheduling tasks, and maintaining good performance. 8. SUPPORTIVE LEADERSHIP Supportive leadership offers complete support to the employees in a friendly manner. For a highly structured task, this type of leadership is without equal. 9. ACHIEVEMENT-ORIENTED LEADERSHIP This is where the leader encourages his or her team to perform at their best by setting challenging goals, demonstrating confidence, and emphasizing excellence. +