Five highly effective management styles include democratic, coaching, transformational, visionary, and transactional. Democratic management involves team input in decisions—think Satya Nadella’s inclusive leadership at Microsoft. Coaching focuses on development, as seen in managers who mentor high-potential employees.
Transformational bosses like Elon Musk inspire innovation and change. Visionary leaders, such as Steve Jobs, align teams around a bold mission. Lastly, transactional managers—common in sales—use performance-based rewards. Each style suits different team needs and business goals, making versatility key.
