There is a great debate amongst businesspeople as to which leadership style is the “best” leadership style. A quick search on “which leadership style should I use” will produce literally millions of results covering hundreds of different types of leadership. So it’s not easy to answer the question as to which leadership style an entrepreneur should use -, but, I want to share with you a style that seems to work really well for many of my clients: The Benevolent Dictator. While the name sounds a little strong, the leadership style in and of itself is actually quite sensitive to the needs of both the entrepreneur and his or her employees.

In a nutshell, a leader using a Benevolent Dictator style has made the strong determination that “the buck stops here” and that he or she is fundamentally responsible for both the success and/or failure of the enterprise. While the leader will solicit the opinions and advice of their employees, and will in fact consider it, the leader will make the final decision alone. There are a few reasons that this works so well:

This style allows the leader to utilize both intuition and reasoning together. Because the leader will be ultimately responsible for 100% of the decision, he or she is more apt to consider all sides of a decision, instead of relying simply on consensus to drive decision-making. This creates a much stronger, and much more defensible, position for the leader.

Benevolent Dictatorship places the responsibility for making a decision squarely on the shoulders of the leader. As an entrepreneur, the leader has nearly all of the risk as well as most of the reward. This style allows the leader to flexibly make decisions that he or she believes are best for the organization, and also to reap both the spoils and the rewards of those decisions.

A Benevolent Dictator leads by actively soliciting information and opinions from team members and others—listens, then demonstrates the leadership, courage, and boldness to personally make the right decision, and stands accountable for that decision. A benevolent dictator also holds his or her subordinates accountable for their decisions, and they, in turn, hold their subordinates accountable for their decisions, and so on. In other words, everyone is encouraged and expected to make the decisions that affect their own domain of responsibility.

If you want a business where decisions are made based on what’s best for the business, and you want your employees to consistently take accountability for their own actions, then teach and encourage the powerful benevolent dictator concept.