In this chapter we are going to provide assistance to your businesses in the management direction. There is a significant deficiency in terms of productive management teams in Georgia. We are going to gather useful information, to conduct researches and acquaint you with the best management decisions and theories. With the help of us you can increase professional effectiveness of your management team. In this issue we are covering the leadership and its techniques, and its trends existing in Georgia.
“Every businessperson knows a story about a highly intelligent, highly skilled executive who was promoted into a leadership position only to fail at the job. And they also know the story about someone with solid-but not extraordinary – intellectual abilities and technical skills who was promotes into a similar position and then soared.”
Daniel Goleman
Leaders help themselves and others to do the right things. They set direction, build an inspiring vision, and create something new. Leadership is about mapping out where you need to go to “win” as a team or an organization; and it is dynamic, exciting, and inspiring. A good leader is always with his/her subordinates, because leader’s support is very important for every team member. It is more of an art than a science. People aren’t identical: all of us has own manner of behavior. Accordingly, our leadership manners also differ; however, there is always something in common. Thus, we’re indicating five different leadership styles: laissez-faire, autocratic, participative, transactional and transformational.
LAISSEZ-FAIRE
Delegates all the rights and power for decision-making to the workers Delivers the working process to the team Gives the followers freedom to make decisions concerning completion of their assignments.
AUTOCRATIC
Makes decisions independently Provides strict directions for completion of different goals No one resists the decisions of anautocratic leader.
TRANSACTIONAL
Is based on the system of rewardsand punishmentsStudies the needs of the workersand helps to satisfythose needs if he/she can
PARTICIPATIVE
Opinions of the workers matter Shares ideas on the different ways of accomplishing assignments Helps employees to cope with the changes Is especially effective when companies need to make a quick decision Participative style is one of the most effective leadership pattern, which leads to the higher productivity, better contributions from group members and increases group morale
TRANSFORMATIONAL
Often communicates with his/her followers. Inspires the workers by communicating with them Discusses the goals of the company with his/her followers All the workers are involved in successful completion of their assignments This type of leadership leads to a productive and positive working environment.