An autocratic leader in business terms is a person who keeps most or all of the key authority for themself. They are very dictatorial or authoritarian and tell their employees exactly what to do. They tend not to delegate very much or share information willingly with their subordinates, and they 'assume responsibility for all operational aspects'.[1] An economic recession seen through the cycle of an individual business can follow this process; falling sales, intense awareness …
showed first 75 words of 1460 total

showed last 75 words of 1460 total
…for any size of business is the autocrat. In a troubled period for a business, speed of action, decisiveness and a lack of sentimentality become a necessity. Decisions in a recession become tough, laying off employees for example is a stressful business. Also, having less bureaucracy in the organisation is helpful. The dictatorial autocrat will impose their wishes clearly and ruthlessly, and their dynamism is likely to give their business a definite edge over competitors.