As a startup, the business will have to focus on profitability for survival. Hence having a firmer objective driven and accountability approach may suffice. As the business grows, then the structure can become more flexible.
In the contemporary fast evolving world in which we now find ourselves, i think agile leadership or transformational leadership could be ideal for a startup.
Sreehari Manikantan Letha Kumari By agile leadership (AL), we mean that management approach that focuses on fostering collaboration, empowering teams, adaptability, flexibility, innovation and customers.
AL reduces hierarchy and fosters a more collaborative environment where open communication, active listening and cross func tional collaboration are encouraged, thereby ensuring that everyone is aligned and working towards the common goal of the enterprise.
By being customer centric, AL enhances informed and effective decision making through data from customer feedback, needs, market changes and trends.
equally, through team empowerment, AL increases employee engagement as they are given the are given autonomy and ownership, which in turn leads to high job satisfaction and better problem solving.
AL encourage experimentation, learning from failures, and continuous improvement. which is most vital for a startup that need to find the best ways to archiving the enterprise goals leading to innovation solutions and products / services.
Transformational lerdership on its part which is somewhat similar to agile leadership is a management appraoch that focuses on developing values, ethics, standards, and establishing long term goals. this leadership style is more concerned with employee development and intrinsic motivation for employee engagement and satisfaction. One would say this leadership style lay mare emphasis on collective identity and shared values.