Question

In: Finance

Reflect on what kind of leader would be best for your chosen business: Autocratic, democratic or...

Reflect on what kind of leader would be best for your chosen business: Autocratic, democratic or free-rein? Explain why, and think about how the leadership style you picked would fit with the kinds of employees you would have, and the industry in which they work. Finally, explain whether you are that kind of leader, and why you think so, or don't think so.

Solutions

Expert Solution

I will always be preferring a democratic leader because he would be looking after interest of all the stakeholders in the company and he would be more focused for the growth of the company in the long run rather looking for the unsustainable growth in the short run.

I would always be preferred democratic leader because it will help in better decision making after taking into consideration of opinions from various employees of the organisation and those who are concerned with the operations of the business so there is a complete protection of the interest of different group of stakeholders of the organisation.

Democratic leader will also be looking for providing equal opportunities and responsibilities to various levels of management through delegation of responsibilities and decentralized decision-making process.

I think it will be fit for the retail industry I am working for, because this will involve a lot of salespersons engagement and a lot of customers engagement so there should be a proper fixation of responsibilities and flexibilities in the management of the operations.

I do think that I am a democratic kind of leader and I am looking after the interest of various stakeholders in my group so I am always looking for protection of the interest of various stakeholders concerned rather than maximizing my own interest so I would always be trying to be inclusive and provide an equal opportunities for different stakeholders to make better decisions .


Related Solutions

Would you prefer to work for a leader with an autocratic, democratic, or laissez-faire style? Are...
Would you prefer to work for a leader with an autocratic, democratic, or laissez-faire style? Are there any conditions where autocratic leadership might be preferable and more efficient? Are there instances where laissez-faire leadership might be the appropriate style? Provide examples where appropriate.
Describe what kind of organizational structure you would adopt for your chosen business(Coffee Industry) and explain...
Describe what kind of organizational structure you would adopt for your chosen business(Coffee Industry) and explain why? and my chosen business is Coffee Industry
What are the advantages and disadvantages of working in an autocratic, democratic, and laissez-faire work environment?
What are the advantages and disadvantages of working in an autocratic, democratic, and laissez-faire work environment?
Who is the best leader you’ve ever worked for or observed? What kind of leadership did...
Who is the best leader you’ve ever worked for or observed? What kind of leadership did that person employ? What made that person effective?
Please share what leadership style your boss uses. (autocratic, democratic, laissez-faire). Give a few examples that...
Please share what leadership style your boss uses. (autocratic, democratic, laissez-faire). Give a few examples that demonstrate they use that style. Do you think the style they use is effective or should they be doing something different? What style of leadership do you use if you are a manager, or would you use when you become a manager?
Compare and contrast three forms of leadership; democratic, autocratic, and laissez-faire. Which style would you prefer...
Compare and contrast three forms of leadership; democratic, autocratic, and laissez-faire. Which style would you prefer to use yourself? Which style would you use as a manager? Which would you prefer your boss to use? Explain your reasoning for your choices and comment on two other students' posts.
If you think of the protein as a traveler, what kind of vehicle would best describe...
If you think of the protein as a traveler, what kind of vehicle would best describe the sorting receptor: a private car, a taxi, or a bus? Explain your choice
Business Planning ( I would like to open restaurants) 1. What kind of business would you...
Business Planning ( I would like to open restaurants) 1. What kind of business would you start? Explain in one or two sentences. 2. How would your business make money? 3. What business expenses would you have?
Reflect on the importance of law in a democratic society. As a law-abiding citizen, what can...
Reflect on the importance of law in a democratic society. As a law-abiding citizen, what can you do to uphold the rule of law? What are the implication when the rule of law eradicated?
Why would you be interested in protecting your chosen business from being copied by others’? Would...
Why would you be interested in protecting your chosen business from being copied by others’? Would you want to patent your idea or would you keep it a trade secret? Explain your choice in detail!
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT