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Autocratic business leadership in a recessionThis essay will address the question of whether the autocratic style ofleader is the best type to have in an economic recession After givinga definition of what an autocratic is and what an economic recessionentails the reasons why this is the best style of leadership willbe addressed The points in favour to be examined will be that quickdecisions are reached there is efficiency a clear chain of commandand a lack of sentimentality Also one good example of an autocraticleader will be included Then the reasons why this leadership stylemay not be good will be looked at These will be the over dependencyon one person the frustration and resentment caused to the workforceand the modern trend towards employee participation in decision makingThere will then be a brief look at three other leadership styles whichwill lead to the question being answered as a conclusionAn autocratic leader in business terms is a person who keeps most orall of the key authority for themself They are very dictatorial orauthoritarian and tell their employees exactly what to do They tendnot to delegate very much or share information willingly with theirsubordinates and they assume responsibility for all operationalAn economic recession seen through the cycle of an individual businesscan follow this process falling sales intense awareness of competitorscustomers becoming very price sensitive a cut in output making workersredundant not implementing expansion plans postponing capital investmentand cutting under-used capital equipmentEfficiency is a quality inherent in a successful autocrat They will ina recession exploit all the resources available with no sentimentalityand as a leader they will have insured there is a minimal levelof bureaucracy and middle management tiers to interfere with thisThere is likely to be a high output per worker and a low level of costper business unit output Overall the efficiency of the autocrat willbe vital in streamlining operations during a recessionQuick decisions are needed in every size of business at one timeor another Seeing a market
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