management style
Definition
The method of leadership that an administrator usually employs when running a business. Depending on business circumstances, a manager might need to employ more than one management style in a more or less formal way to achieve the highest degree of effectiveness in their role. A variety of management style types exist, such as autocratic, paternalistic, laissez-faire, democratic, informal, participatory, supervisory, etc, and a particular style might be more suitable for a certain type of business or employee group than another.
Related Articles
- "Bull Spread" Stock Option Investment Strategy *
- Budgeting and Saving, The Age-Old Dilemma *
- Dollar Cost Averaging Stock Strategy *
- How to Budget for Post-Secondary Education *
- Credit Default Swaps *
- Tax Issues Related to Your Business *
- Tax Advantaged Investment Options for Retirement *
- Understanding Stock Dividends *
Business Tips
Beware of a Laissez-Faire Management Style
If there's anything that will prevent a company from optimizing its bottom line, it is a laissez-faire management style. In other words: a propensity among company managers to avoid too much interfere ... Read more
Related Videos
http://www.businessdictionary.com/definition/management-style.html
