Adapt your style to the situation at hand

What is your management style?  Evidence suggests that many successful companies have managers that stick to a particular style.  I believe the best companies have managers who can adapt their style to the current situation.

There are four management styles frequently discussed in the business world:

Autocratic – making unilateral decisions without input from the team

Participative – making executive decisions based on input from the team

Democratic – making decisions based on consensus from the team

Laissez-faire – empowering a team to make the decision without your influence

The best method depends on the team and the situation.  I created the matrix below to help determine the best method to apply in a situation:

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