Leadership for The Younger Generation | Stephen Patterson

Throughout the years, CEOs have tried various leadership styles that have been monitored and studied. Each leadership methodology operates on a unique set of priorities and can be effective when applied to the appropriate situation, but there are pros and cons to each type. As more younger people enter the workforce, the more traditionally-labeled styles are taking […]

Thrive invites voices from many spheres to share their perspectives on our Community platform. Community stories are not commissioned by our editorial team, and opinions expressed by Community contributors do not reflect the opinions of Thrive or its employees. More information on our Community guidelines is available here.

Throughout the years, CEOs have tried various leadership styles that have been monitored and studied. Each leadership methodology operates on a unique set of priorities and can be effective when applied to the appropriate situation, but there are pros and cons to each type. As more younger people enter the workforce, the more traditionally-labeled styles are taking a backseat.

The autocratic, authoritarian style is designed around a single person controlling all aspects of a brand. Martha Stewart is a perfect example of this type of leadership style, as she is the sole decision-maker about her companies and every small decision surrounding them. The advantages of this type of leadership style are quick, efficient decisions and extreme organization. Disadvantages include low employee morale and the absolute risk of business failure if the leader is absent for an extended period of time. 

Charismatic leaders, on the other hand, live to inspire and influence others. While there is an adherence to an organization’s goals and vision, a charismatic leader can go off-book to find ways of extracting every employee’s best abilities and has the potential to influence others around them just from the way they carry themselves. Oprah is an excellent example of someone who influences others. The downside to this type of leadership, much like the authoritarian style, is that there is too much dependence on a single person. If they do not listen to the ideas or needs of others, morale might be affected.

Transformational leadership is flexible and can be customized for various industries, such as politics, entertainment, education, and technology. This approach focuses on motivating and encouraging participation to achieve a joint mission. A company’s vision helps define its purpose and recommends paths to follow to arrive at mission goals. At its most intense, this leadership style can overwhelm some employees and cause burnout while underutilizing others. Her employees’ needs or ideas

Young professionals entering a multigenerational workplace should take certain things into account before committing to a singular leadership style. Older employees might respond to more traditional ways, so it’s essential to keep a level of empathy while guiding your team.

This article was originally published at https://stephenpatterson.net/

    You might also like...

    Community//

    Leadership Styles for Different Industries | Stephen Patterson

    by Stephen Patterson
    Community//

    Trish Bishop On How We Need To Adjust To The Future Of Work

    by Karen Mangia
    Victoria Rothe The Leadership Blog
    Community//

    The surprising link between age and leadership style you need to know

    by Victoria Rothe
    We use cookies on our site to give you the best experience possible. By continuing to browse the site, you agree to this use. For more information on how we use cookies, see our Privacy Policy.