Final answer:
Laissez-faire leadership is a hands-off approach allowing team members to make their own decisions with minimal supervision, suitable for self-motivated individuals but potentially risky without proper management.
Step-by-step explanation:
The laissez-faire leadership style is a hands-off approach that allows team members to set their own goals and determine the methods to achieve them. Laissez-faire leadership is a hands-off approach allowing team members to make their own decisions with minimal supervision, suitable for self-motivated individuals but potentially risky without proper management.
This approach is characterized by a notable absence of direct supervision, which can be suitable for highly motivated and autonomous team members. In comparison, other styles such as transformational leadership, transactional leadership, and autocratic leadership involve greater levels of interaction, guidance, and control from the leader. Laissez-faire leaders act as facilitators rather than directive figures. While this style may encourage creativity and independence, it risks a lack of coordination and progress if not managed properly.