ENTREPRENEURSHIP

Detailed explanation-1: -What is free-rein leadership? Also known as laissez-faire leadership, free-rein leadership is a type of management style where supervisors give team members freedom to complete tasks, make decisions or solve problems without interfering, unless the employees request it.

Detailed explanation-2: -Laissez-faire leaders allow their followers to have the autonomy to make their own decisions and manage their own desks. They give their team support, guidance, consultation, and training when it’s needed, but trust them to handle the details and execution of their tasks and projects.

Detailed explanation-3: -Examples of laissez-faire leadership. The examples include: Herbert Hoover. Our 31st president was well-known for having a laissez-faire approach in politics. He used this leadership style as he trusted his teams and their experience and was extremely successful with this leadership approach.

Detailed explanation-4: -Autocratic leaders make all the decisions themselves. They do not consult their team, or let them make decisions. Once the decision has been made, they impose it and expect obedience. Democratic leaders take an active role in the decision-making process but they involve others.