College of Banking: Leadership Styles in Business Management Report

This report examines various leadership styles, including democratic, collaborative, transactional, servant, and strategic leadership, within the context of a business environment. The analysis focuses on how Sally, a senior manager at MTCR, a hardware solutions company, utilizes these styles to foster growth and achieve organizational goals. The report details the characteristics and applications of each leadership style, such as the participatory nature of democratic leadership, the team-oriented approach of collaborative leadership, the issue-resolution focus of transactional leadership, the employee-centric nature of servant leadership, and the forward-thinking perspective of strategic leadership. The report also references relevant sources to support its findings, providing a comprehensive understanding of effective leadership practices.

Task – 1
Leadership style may be defined as an approach or technique which provides direction, major role to
motivate other people and implementation of plans are there in different styles of leadership. Different
styles of leadership are mostly developed through practical experiences and continuous training in the
organization. MTCR is a company which manufactures and lead in hardware solutions. Sally as a senior
manager contributes to make effective plans which help to grow in the organization structure for longer
period of time. The effective leadership styles which are used by Sally in leading company are as
follows:-
1. Democratic Leadership – This leadership style has qualities where people are more engaged,
accountable and participative also and Sally as a senior manager is compiled with positive styles
where she is assigned for some different project in her carrier. Teamwork and cooperation with
other team members is the effective tool she has applied with proper analyse of project
requirements (Leadership Toolbox, 2018).
2. Collaborative Leadership – This is a type of leadership which motivate and influences people
which are present in the organization. Sally with her active participation in assigned project is
collaborative with her peers and took active participation by conducting meetings and involve
everyone to be participative in the planning system. Accomplishment of targets and goals can be
achieved by nurturing of emotional intelligence with social engagement of employees in the
organization (Nguyen, 2018).
3. Transactional Leadership – A transactional leader have a capabilities of leading international
projects and they are more focussed on resolving issues of their coordinates where there are
disputes happening in the organization. Sally has come over situation when disagreements arise
due to involvement of everyone with the team meetings in the organization workplace. Group
and individual performances can be achieved with involvement of each employee at their best
(St. Thomas University, 2018).
4. Servant Leadership – It thrives to meet their employees with encouragement and cultivate the
culture of trust and helps them to complete the undersigned task in good way. Sally is a servant
leader as teamwork is presented and collaboration with the task associated is also there. She
challenges herself for the new project and she persuades her work with all the employee of the
organization for effective achievement of long term goals. The encouragement comes with her
resolving issues that happened in the workplace and helps to cope up with those (Prichard,
2013).
5. Strategic Leadership Style – Sally is a strategic thinker and adopts involvement of new
possibility with their employees in the workplace. With efficiency planning of projects, she had
planned for the meetings and ready to deliver her plans with subordinates and employees who
can create high performances goals to achieved strategic thinking. Strategic leader is not limited
with the top authorities but there is active participation with employees who can help him to
reach targets.

These are different styles of leadership which helps the organizations to grow effectively with
positivity. Sally adopted these different styles of leadership in MTCR leading company who is
manufactures of different ranges of customised hardware solutions.

Bibliography
Leadership Toolbox, 2018. Leadership Styles: Democratic Leadership Style. [Online] Available at:
https://www.leadership-toolbox.com/democratic-leadership-style.html [Accessed 9 May 2019].
Nguyen, Y.P., 2018. Why is Collaborative Leadership Important? [Online] Available at:
https://blog.trginternational.com/what-you-need-to-know-about-collaborative-leadership [Accessed 9
May 2019].
Prichard, S., 2013. 9 Qualities of the Servant Leader. [Online] Available at:
https://www.skipprichard.com/9-qualities-of-the-servant-leader/ [Accessed 8 May 2019].
St. Thomas University, 2018. What is Transactional Leadership ? [Online] Available at:
https://online.stu.edu/articles/education/what-is-transactional-leadership.aspx [Accessed 9 May 2019].