Question

what is the best type of leadership style suitable for a small Caribbean Company that wants to do a joint venture with a Malaysian Company? Please give at least three reasons. The staff will entail staff from both countries

Answer 1

The best leadership style would be a democratic leadership style for a small Caribbean company that wants to do a joint venture with a Malaysian Company. There are the following reasons to choose this particular leadership style:

1. In a democratic leadership style, the leader makes decisions based on the inputs he receives from his employees. This leadership style will allow the firm to receive inputs from the firm it is having a joint venture. It would build a relationship between both joint venture firms and their staff as their inputs will be taken care of.

2. A democratic leadership style promotes teamwork. The spirit of teamwork will be quite essential for the staff of the joint venture. The teamwork will make everyone responsible and accountable for their goals and success of the joint venture.

3. It will empower the staff of both companies. They will like to work for leadership that cares about them and their concerns, ideas, and suggestions. Therefore, it will build a culture of loyalty.