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What is Leadership style?

Leadership style: The way a manager guides and motivates a team.

Where Leadership style fits

Leadership style is part of Mission & Competition in Management. A mission says why you exist; competition shapes how you win. Barriers to entry protect a market, first movers gain an edge, and vertical integration owns more of the chain.

Practical tip

Write a clear mission and be different, not just cheaper.

Related terms

Mission statement
A short statement of why a company exists.
Vertical integration
Owning several steps of the supply chain, such as production and retail.
First-mover advantage
The benefit of entering a market before rivals.
Barrier to entry
Anything that makes it hard for new firms to join a market.
Cost leadership
A strategy of becoming the lowest-cost producer in a market.
Change management
Helping people adopt new ways of working.
Emotional intelligence
Understanding and managing your own and others' feelings.

Formulas you will use with it

Relative market share

Test yourself

Which term means: “The way a manager guides and motivates a team.”?

Leadership style · Cost leadership · First-mover advantage

Answer: Leadership style

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