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Management styles are a group of principles that any firm can follow as a part of their management
policy to garner maximum output from its employees and grow collectively as a team. As the wheels
of time have progressed and the business world has grown into an extremely challenging field, they
have become significant in imparting stability and good governance to private firms. Basically, it is
not necessary that every management style suits every firm. The fact is that a particular style
followed in one company may fail in the other company. Every style is unique, and some people may
respond positively to one, whereas some may not perform effectively for the same.
Types of Management Styles
Some of the popular styles that have been studied in depth by scholars and business students are the
theories given by Taylor, Fayol, Weber, Mayo, Maslow, Schein, and Drucker. All these theories have
been based on the experiences of these scholars who have researched and come up with their
theories.
Authoritarian Management Style
In this style, a manager at the top governs and decides all the management policies. The manager
expects the employees to perform tasks as they have been outlined by the boss and senior managers.
In this style of management, the employees know what to do, how to do, and when to do.
Democratic Management Style
The managers who follow the democratic style of management focus on giving flexibility to the
employees so that the team can together evolve as one unit. By involving the team members in
taking decisions and delegating tasks, the managers give the employee a sense of ownership so that
every employee feels as one family. In this style, team building skills, social harmony, and
cooperation are aimed to achieve a target.
Paternalistic Management Style
Pater in Latin stands for 'father', and the paternalistic style of managers try to act as a father figure
to the employees, thereby ensuring that all employees 'feel happy and bonded' while working in the
company. Managers at the top will listen to the employee, and at times, ask for feedback and
opinions while taking any decision. The social need of recognition of the employee is taken care of,
in this style of management. This style matches with the theory of social needs by Maslow.
Theories Hailed as Management Styles