Management Styles for Small Startups

Hands of finance department managers analyzing reports on big table, view from the top

A businessman’s life is challenging – especially if you attempt to take it all yourself. To secure the success of your business, you must establish a team. Bringing other individuals to your business enables you to do more in less time. It provides you with the skills to develop better ideas and provide a more satisfying client experience. Moreover, you can delegate duties and focus on the elements of your company you love most.
However, there are certain obstacles to be a manager. You must create a chain of command with your staff and make it obvious that you want to be a resource for them. The balance between being straight, harsh, and open and understanding may be difficult to find. Therefore, many businesses take the effort to study diverse types of management. These are 5 of the most popular and efficient management styles and a brief guide to help you select the one that is appropriate for your company.

Assert Authority
Authoritative managers are comparable to autocratic managers since they decide a lot with a broader vision in mind for the firm. However, these managers are trying more than autocratic entrepreneurs to incorporate their employees in the process. It’s an authoritative manager’s nature to be as fair as he is. They do everything they can to not ask too many workers when new difficulties arise. They enjoy hearing your comments from time to time, but typically they will try to convince others that their choice is better.
Autocratic Management
Autocratic management decides most things themselves. If at all, they don’t ask their peers for much input. They look instead at themselves as the ship’s captain, and always plan forward. They are dependent on team members to accept responsibility for short-term efforts and to achieve greater goals. Some people regard this as creative, but other people as cold and exclusive. However, self-governance succeeds, if correctly applied.

Management by Example
This management strategy is all about setting an example. Installing managers typically work directly close to their workers instead of making many high-level decisions and being not too involved in the everyday activities of the team. They attempt to raise their expectations by demonstrating that what they ask of others can truly be done, albeit it sometimes appears to be a little excessive. Workhorses are pacesetters. They are highly driven individuals who generally have the finest working ethic among their peers. However, some people may find it difficult to maintain such a fast-paced atmosphere. Pacesetters must be wary to ask people too much, even if they have the extra time and effort to make things happen.

Democratic Management
This is like participatory management, but the main distinction is that democratic leaders decide with their teams every time. They enable people to voice their views on a subject and they do what they think is best, even if they do not agree personally. And that’s mighty. It helps everyone feel like they have a voice in their company and encourages them to use it most importantly.

Participative Management
The team is always the focus in this management style. Managers put their employees first, strongly believing that the company’s achievements would be great. The managers tend to “go their rounds” in the office. They prefer to check with the staff, and they try to get everyone involved in the decision-making process. This unifies the crew and increases the morale of the firm. If employees feel they are heard, they tend to express their innovative views and work harder in their entirety.

Conclusion
You may study and pick one of our top management styles or learn how to apply different management styles in different scenarios. The fact is that you must be dictatorial, powerful, pacesetting, participatory, and democratic sometimes. If you rely on only one management style, you cannot push your firm very far since each person has its constraints. However, you and your team have no limits when you are comfortable adopting every method when different situations demand them.