The key leadership theories that are currently acquiring traction

The key leadership theories that are currently acquiring traction

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Leading by example and motivating your direct reports is considered among the most reliable management methods nowadays.

If you're planning to go for management or leadership positions in the future, one of the best tactics you can employ is shadowing a great leader in your organisation. While theory is always an excellent basis for obtaining understanding, practical experience reigns supreme when it concerns picking up brand-new abilities. In the context of leadership, make sure that you find a mentor that knows you personally and validates what you want to accomplish. Your mentor can be your line supervisor, an executive person that you have a great relationship with, or even a family member. This experience can really assist you establish key leadership traits as you would be learning first-hand from someone who has spent years and even decades in a position of management. People like Peter Hebblethwaite of P&O would likely agree that shadowing reliable leaders can be a great learning experience to help young leaders develop the best skillset.

Management is a constant learning curve that is often characterised by consistent adjustments and improvements to one's management approach. Much like any other ability, becoming a much better leader indicates equipping yourself with a myriad of leadership qualities that can help you contribute to the development of your organisation and the development of direct reports. For instance, individuals like Katie McAlister of Cunard would likely confirm that engaging in truthful and open communication is among the most important cornerstones of good management. This is because having an open line of communication with your personnel would encourage them to be more transparent, which in time constructs trust and increases general morale. Beyond this, leaders need to make an effort to connect with their direct reports and cultivate a sense of unity within the group. This could be achieved in different methods but participating in team building activities is widely seen as the most reliable.

Coming up with the very best management technique depends on elements like personality type, the size of the business or team you will be managing, and the market within which you operate. For example, strategic leadership is most suitable for companies that are looking into development and expansion opportunities. In this context, a strategic leader is expected to generate business development while at the same time managing the daily business to guarantee stability and consistency. For smaller companies that follow a simply technocratic model, a laissez-faire leadership method can be most efficient as each employee would cover their area of expertise with very little disturbance from senior management. Regardless of the model chosen, to guarantee the success and durability of any organisation, leaders should set out some goals at the start of each year as this is a guaranteed method to increase performance. This is something that individuals like Gianni Onorato of MSC Cruises will know.