Psych in Business

Wrapping Up The Major Leadership Theories and Styles


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In the latest episode of the Psych in Business podcast, Dr. Ernest Wayde, your host, takes us on a reflective journey through the diverse landscape of leadership theories and styles discussed throughout the past year. As the year comes to a close, Dr. Wayde emphasizes the importance of understanding these principles, drawing from his own experience of feeling unprepared when stepping into a leadership role.

Dr. Wayde begins by highlighting the significance of tapping into the wealth of research on leadership, suggesting that familiarity with various theories and styles provides a solid foundation for both new and experienced leaders. He stresses that these insights can serve as guiding frameworks, offering direction and structure for individuals embarking on their leadership journeys.

The episode delves into key leadership theories and styles, starting with the historical "Great Man Theory." Dr. Wayde dispels the myth that leaders are solely born, emphasizing that leadership skills can indeed be developed and strengthened through research-backed methods.  

The action-centered leadership approach is explored as one of the earliest models that doesn't view leadership as an inherent trait. Dr. Wayde introduces the concept of servant leadership, exemplified by figures like Gandhi, emphasizing the importance of prioritizing the needs of team members.

Listeners gain insights into the seven pillars of servant leadership, which include qualities like integrity, service-driven mindset, and effective communication. The episode then moves through various styles, from situational leadership, where adaptability is key, to transactional leadership, focusing on tasks and structured approaches.

Transformational leadership is highlighted as pivotal for navigating change, while authentic leadership underscores the importance of genuineness, self-awareness, and transparency. Dr. Wayde encourages leaders to learn from their life stories to develop an authentic leadership style.

In closing, he extends warm holiday wishes, and as the year wraps up, he invites listeners to explore specific theories and styles in greater depth by revisiting past episodes or conducting further research.

As the episode concludes, Dr. Ernest Wayde leaves the audience with a sense of empowerment, armed with a comprehensive understanding of leadership theories and styles to guide them into the upcoming year. Wishing everyone a Merry Christmas and happy holidays, he looks forward to welcoming listeners back for more insightful discussions in the future.

You can visit his business website at: https://www.waydeconsulting.com/

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Psych in BusinessBy Ernest Wayde

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