3. Transformational Management Style
Transformational management focuses on leading transitions, adopting innovation, and getting ahead of the curve.
Managers with this style are aware that no matter how well they plan, things will change, and they not only expect those changes, but lead their organization through them, up to and including modifying their business model if need be.
Pros and Cons of Transformational Management Style
- A benefit of this style is that it’s futuristic, willing to adapt, and innovative – likely to remain relevant even as the industry changes.
- A downside of this style is that the status quo and institutional wisdom have value, and some employees may not want to adapt — they may jump ship if too much change happens too fast.
How To Know If Transformational Management Style Is Right For You
If you like new ideas, are a fan of innovation and are often on the cutting edge of your industry, this management style might suit you. It works well in startups where rapid change is occurring.
