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Executive leadership is one of many leadership models that have been there over the years. It’s also one of the most common leadership models. Executive leadership, unlike some other leadership types, takes more of a controlled and systematic approach. Executive leader has clear organizational goals they wish to achieve; they are very well put together and follow a strict set of rules. That they have come up with to ensure the business thrives.
Their structured technique follows the sequence of jotting down a bunch of realistic that the executive leader hopes to achieve with their members then testing out methods that would help them accomplish these goals to implement these methods to achieve the goals.
When all is completed, the leader will set weekly, monthly, or yearly progress reports –each leader goes with whichever period they find suitable depending on their goals and the team, sometimes a leader may go with all three; it all comes down to a leader’s preference. – these reports could be one or all of the following:
- special progress reports they dedicated to each member explaining their progress through a period and their strengths and weaknesses during that time and any additional notes a leader may have.
- Goal-oriented progress reports where goal progress is discussed.
- Any financial progress reports that determine the progress of any income or payments the business received or gave out.
Types of executive leadership
As executive leadership is one of the most well-known types of leadership, many leaders over the years have alerted some of its techniques to fit their personality and style of leading. Therefore, creating various kinds of leadership. There are three main types of executive leadership, known as:
Servant executive leadership:
this type of leader believes in the concept of serving instead of being served. Many leaders mistake being a leader as a role where they should be obeyed and done by their team members. This creates a lot of tension between the leader and their team members, and it creates a toxic work atmosphere that may cause the demise of the business as time goes on. On the other hand, a servant leader strives to help each teammate reach their highest potential by creating a healthy communicative environment where all the team members are comfortable and are working efficiently.
This type of leadership is a rigorous and authoritarian type of leadership and is considered somewhat of the opposite of servant leadership. This type of leader would be very demanding of their team members, and they would have little communication with them. It’s a patriarchal kind of leadership.
Authentic executive leadership:
Authentic leadership is somewhat similar to a servant leader in the sense of it is an open, communicative relationship between the leader and the team members. In this type of leadership, the whole team, including the leader, strives to achieve one goal or a list of goals. It’s heavy on teamwork, and it’s a very genuine type of leadership.
Characteristics of an executive leader
Executive leadership is an extensive topic that has been there in many different ways. And, therefore, there isn’t a specific rule book to follow when becoming an executive leader. You have to look at other organizational leaders’ experiences. And, based on that, establish your expertise but go with your instincts. And make the procedure your own, instead of being a replica of those before you. That being said, there are a few essential characteristics that an executive leader should possess to make them a successful leader. Some of those are below:
An executive leader truly believes in the statement ‘there is no I in the team.’ Take this example, for instance. A well-functioning machine can’t work without all of its parts; if even one piece is missing, the entire machine won’t work efficiently. The same goes for a team. If every single member didn’t follow the specific role they were given based on their strengths and weaknesses. Then the whole operation would fall apart.
When working with a team in the business, the leader should ensure that they highlight each of the team members’ strengths to ensure that the company is thriving to its full potential. There shouldn’t be any unhealthy competition between the team members, since they are all working towards one goal.
Executive leadership or Great networker:
This specific skill is one of the most valuable skills an executive leader could possess. A great executive leader should have this particular factor that makes them approachable and somewhat charismatic. This factor would help the leader with something known as networking. A good leader would have contact from here and there instead of just keeping to themselves. Networking helps the leader get business deals and further develop their business.
Any good executive leader should be able to put their thoughts into words. And express their opinions and ideas in a way that shouldn’t sound abrasive or aggressive. Interpersonal skills are a crucial skill that a leader should have. Whether it’s to help the leader communicate with team members to form a strong professional relationship. Or to allow the open-minded leaders to not only listen to their teammates’ opinions. But also implement some of their ideas into the project. Instead of making all the decisions on their own without considering anyone else.