7 Leadership Styles for Success in MBA Programs

A student’s MBA journey is just not about acquiring theoretical information. It is mainly about improving their personality through soft skills. Leadership skills are one of them. It is very important for success in a competitive business world to face and solve ground problems. This requirement cannot be denied, isn’t it?

Rightly, Industries are looking for candidates who have exceptional leadership skills. As this has become one of the main criteria, the top MBA colleges in Tamil Nadu have started incorporating curriculum in MBA programs that can help student’s upskill themselves.

So, in this blog, we are going to see the seven leadership styles in MBA programs. Read further to know about it.

SEVEN Leadership Styles that MBA Graduates Should Know:

The Servant Leader

In this style, the candidates are taught about the concept of putting others first. It enhances traits like empathy, humility and commitment and serving others. They are taught to prioritize the needs of their peers and others take holders to build a collaborative and inclusive environment. This helps them to achieve sustainable success for the long-term good. These individuals will be very good at leading the team with integrity and compassion.

The Democratic Leader

This is the concept of bringing in collaboration and participation in the team. This style teaches how to champion inclusivity and participate in decision-making. It makes the individual learn the art of gathering input from the team members and stakeholders. It emphasizes the importance of different perspectives and valuing them. The concept also mentioned the importance of open communication to grow collaboration and creativity in the team. This style of leadership especially helps and navigates complex problems along with consensus building.

The Transformational Leader

A transformational leader can drive change and growth. They can even be called change agents who can motivate individuals and help them to achieve their full potential. To do this MBA colleges focus on personal development and mentorship through their programs. Best colleges have recognized this transformative impact to improve the influence of an individual. The individual trained with this transformative aspect can inspire trust and loyalty among their followers. This style of leadership will cultivate a sense of purpose beyond individual goals and aspirations.

The Transactional Leader

A transactional leader will have the talent to set clear expectations. In MBA programs they provide the required structure and accountability to drive results with the help of well-defined goals and incentives. The transactional leadership principles make the student learn the importance of goal alignment efficiency and performance management to achieve the end goal. It mainly creates a culture of accountability and excellence. Individuals are made sure to be rewarded for their contributions.

The Charismatic Leader

This leadership style teaches how to inspire, influence and persuade others. It teaches to cultivate it helps in the cultivation of the ability to capitated and inspire others. It helps the individual to transform and influence others’ behavior and drive change. In MBA programs it is taught under the concept of how to command attention by providing support and bringing in a purpose of belonging. It is all about the magnetic appeal of a leader who can glue the team together and grow confidence in them. This leadership principle inspires others to believe in a mission and pursue your shared goal.

The Laissez-Faire Leader

This leadership style helps in empowering autonomy and enhancing creativity. Leaders who follow this principle adopt a hands-on approach which gives full autonomy and freedom to their team’s members to pursue their objectives to meet the supreme goals. The best MBA colleges encourage experimentation in self-directed learning to grow a culture of empowerment and creativity. This approach allows students to take ownership of their projects and perform in new business environments, granting them the freedom, and trust to explore new ideas and take calculated risks independently.

Conclusion

In summary, aspiring leaders in MBA programs should recognize that leadership is not a one-style concept. The above-mentioned seven different styles can come in handy to work under unique situations of uncertainties and challenges. It is important to learn leadership styles taught by top MBA colleges to perform in different environments. By optimally making use of the leadership curriculum, candidates can thrive in different situations and achieve sustainable success in their organizations. With a proper understanding of these leadership styles and their applications, leaders can overcome the complexity of the business world.