ENTREPRENEURSHIP

Detailed explanation-1: -Authoritative Management Style The authoritative manager is one who has a grand vision for his team/organization. These individuals are highly motivated and confident. Using the authoritative management style, a manager can show his ultimate plan to his/her team and how they’re going to accomplish that plan, together.

Detailed explanation-2: -Definition. When you have an open-minded management style, you focus on empowering your employees by listening and responding to their ideas, issues, ways of thinking and approaches to their work.

Detailed explanation-3: -If you have a team of highly skilled professionals, they may thrive with the freedom that a laissez-faire approach provides. This management style can result in high job satisfaction and high productivity for teams who enjoy its autonomy.

Detailed explanation-4: -If you’re outgoing and charismatic, you might like the transformational or coaching management style. If you’re more extroverted and open to creativity, you might like the laissez-faire or democratic approach. If you’re more of a “my-way” kind of person, maybe transactional or autocratic will work best.