The leadership style adopted by business leaders can significantly impact revenue growth. Here are a few styles and their potential effects:
Transformational Leadership: This style can inspire and motivate employees to achieve higher performance, thereby driving revenue growth. Transactional Leadership: While focusing on specific tasks and rewards can ensure short-term goals are met, it might limit long-term growth potential. Servant Leadership: Prioritizing employee well-being can lead to higher job satisfaction and productivity, indirectly boosting revenue.