In 2025, 40% of the Fortune 500 companies will no longer exist. In the age of disruption, complacency has no place in great leadership.
There are several ways to lead and manage staff that motivate and inspire them to grow. Having worked with and mentored different CEOs and managers in her line of work, Stephanie Christopher (CEO of The Executive Connection), as interviewed by Ashton Bishop (CEO of Step Change), knows firsthand the impact of leadership style on an organisation.
Leadership depends on context, language, and execution. With command-and-control leaders, often the words “I’m the boss, I make the rules around here” and “If you don’t hear back from me, that means you’re doing okay” are the primary means of guidance. They are usually closed to contradictions and make decisions without consultation. They are results and numbers oriented, and to them, failure is not an option.
While these characteristics sound dire, command-and-control leadership is helpful and relevant in certain contexts — for instance, Stephanie points out, when a company is trying to get out of a crisis or an emergency. This style of leadership is directional and focused, and due to the forward style of communication, it drives employees towards one goal. The type of leadership required in each organisation depends on the context of the business and the culture of the company. There is no right or wrong way to lead; it’s more about how you lead in the context you’re in.
Volatile, uncertain, complex, and ambiguous — this best describes the environment in which business is conducted daily. Often in a VUCA environment, the best way to lead and do business is not always clear. Changes are unstable, events are unpredictable, diverse and connected factors are at play, and causal relationships are unclear.
By clearly defining the way you engage with your team and by involving them in the decision-making process, you can ensure better team alignment towards a common goal.