4 Leadership Styles Flashcards
What is the primary focus of Part II?
Exploring leadership styles, decision-making for revenue growth, and strategy alignment
Why do sales leaders fail to grow revenue?
They only lead with their default style
What is the democratic consensus-builder leadership style characterized by?
Approachability, positivity, encouragement, and team engagement
What is a downside of the democratic leadership style?
Some salespeople treat commands as suggestions
What behavior do salespeople exhibit when they resist change under democratic leadership?
They may ‘wait you out’ instead of taking action
What is the autocratic leadership style?
A style that relies on formal power and does not prioritize likability
What is a potential negative outcome of being an autocratic leader?
High attrition and only achieving compliance, not performance
When is it necessary to adopt an autocratic leadership style?
When defending nonnegotiable outcomes to protect revenue growth
What does laissez-faire leadership entail?
A hands-off approach allowing team autonomy
What is a challenge of the laissez-faire leadership style?
Allowing team members to fail due to lack of intervention
What is the role of a strategic leader?
To recognize strategies and tactics for better results and coach the team
What is a downside of being a strategic leader?
Team may not be ready for changes and can lose focus
What is the bureaucratic leadership style characterized by?
Emphasizing compliance with laws, rules, and guidelines
What is a downside of the bureaucratic leadership style?
Requiring tedious administrative tasks from the team
What defines a transactional leader?
A leader who operates on a purely transactional basis, expecting results in exchange for rewards
What is a major flaw in the transactional leadership approach?
Assuming all salespeople are motivated solely by money
What is the transformational leadership style focused on?
Helping individuals and companies move toward their potential
What mistake can transformational leaders make?
Not giving team members time to integrate changes
What is the outcome of using a democratic leadership style for territory and account plans?
Increased engagement and commitment from the team
What leadership style is effective for prospecting daily?
Autocratic leadership
Why is prospecting essential for revenue growth?
It creates the necessary opportunities for reaching goals
Fill in the blank: The democratic leadership style can lead to _______ when team members resist change.
revenue loss
True or False: The autocratic leader is primarily concerned with being liked by their team.
False
What is a key requirement for creating new opportunities weekly?
Being a benevolent dictator regarding prospecting
This emphasizes the need for leadership that combines professionalism with firm expectations for team prospecting.