• Different Types of Management Styles

    Management today is one of the most essential factors that keep the wheels of innovation, change, and development rolling. It pervades deep into our society and provides direction to the work we do. A good manager not only gets the job done but he/she also provides the inspiration, the boost, and the enthusiasm by setting vivid examples on how exactly to get the task done.

    We, at the Indore Institute of Management, positively believe that to be a honcho in the field of management, the right kind of attitude, style, and approach holds equal importance as the techniques and skills that follow. It has been proven time and again that obedience goes hand in hand with reverence and respect towards the people we look up to. Therefore, with the help of our experienced faculty, we have chalked out a few different factors and styles that can help the aspiring professionals shape their career for better opportunities and success.

    • Authoritative: Mostly adopted by the managers responsible for fulfilling strict company goals bounded by a tight time frame. In such situations, it becomes essential for the manager to employ a stern and authoritative attitude with little or no tolerance for laggards. This kind of management style, though appears strict, at times becomes necessary when the condition is such that everyone’s jobs can be at stake in case of a failure. Sometimes the manager may employ this style when he/she finds that the employees have become coddled and chaotic lacking the drive to be efficient and outperform in their fields.
    • Management By Walking Around (MBWA): This style of management employs a two-way process where the inputs from employees are received regarding their problems or ideas rendering solutions and suggestions on the spot. It is a popular technique that the manager uses by walking around and imbibing the workers with the drive to be efficient and active at all times. It is also effective in cutting down response time to problems that may arise.
    • Democratic: As the word implies, the manager here uses the first-hand experience of the workers by inviting them in the role of critical decision making that influences the policy of the company related to the goals and the workforce. It is a vote of the majority, and not only sharing of ideas where the manager has the final call. Such a style if undertaken increases trust and instill a sense of confidence among the workers.
    • Participative: This type of approach by the manager explores the potential of the team by encouraging active participation and flow of ideas. It is helpful not only in gaining a deep insight into the attitude of the workers but also creates an atmosphere of positivity. Giving the workers a vital responsibility and trusting them to achieve it with dedication goes a long way in creating goodwill and trust which is essential to the functioning of any organization.
    • Laissez-faire: It is a style of management mostly found in companies and organizations that deal in creativity and/or require flexibility. Strict rules sometimes can be counterproductive in such an organization and may stifle the progress of work. The manager in such cases approach the workers with trust and a basic outline of the goals needed to be achieved instilling cooperation and leaves most of the decision making on how to perform it on them. Supervision is only applied in the case of new recruits or when the targets demand specific rigidity.

     

    • Intrapersonal: Such a style and attitude of the manager incorporates interaction at a personal level with employees across the chain of command. Getting to know the workers at a personal level does not only turn out to be beneficial in employing proper techniques that invigorate the workers to outperform but also helps to create loyalty and obedience that can go a long way towards the achievement of success within the system.

    As important as the skills and knowledge are in such a field, the styles of management unique to each also plays a huge role in providing inspiration that the workforce needs. As quoted by Dr. John Ng, “Styles are tailor-made to different situations. Different leaders must have their own styles, and these styles must be able to adapt to different people and situations.” A good management style is infectious; it not only helps to promote company goals but also encourages a positive growth among the employees. We, at the Indore Institute of Management, one among the top b schools in Madhya Pradesh, apply the very same idea in shaping the professionals of the future. Personality plays a significant role in the styles that each budding manager may adopt, therefore, as a premier institute we take up the mantle of responsibility for grooming such young professionals, helping them forge a bright path that leads to a better future.

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