About Management Styles
How a manager handles various situations depend on his management style. There are a few styles of management given below:
Autocratic: The leader makes all decision one-sidedly without regarding the opinions of subordinates. Such decisions reflect the personality and confidence of the manager. As in this way of management, employees don't matter, it makes them dependent on the leaders to guide them in their job. The autocratic style in its purest form is out of vogue due to the problematic working conditions that it promotes.
Paternalistic: this style shares some of the same traits with autocratic style of management. But in this style, a little difference comes as the decisions take into account the best interests of the employees as well as the business. In this style, the feed back of the management is vital. So obtaining employee loyalty is easier in this process. But the disadvantages come with its autocratic traits. This style of management is often also unable to fully inspire the motivation of employees.
Democratic: the manager allows employees to take part in decision making and also gives them a considerable amount of autonomy in doing routine work. From the standpoint of employee motivation and engagement, this management style is highly effective. However, care must be taken to consider the needs of the overall business operations. The democratic method has been criticized for allowing operational efficiency and profit to take a backseat to employee engagement.
Of course, most modern management theories incorporate aspects of these three management styles.
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