The ability to vary your leadership style based on the situation at hand is required in order to achieve the best results in the timeframe available. We see this quite often in sports where different coaches will be brought in to turn a team around rather than building the team for the future. To be a true Visionary Leader you will be required to understand the current situation and adapt to the need at hand.
In his book, The First 90 Days, Michael Watkins explains the various situations you may find yourself in along with a roadmap. Take some time to review your current situation – Startup, Sustaining Success, Realignment, Turnaround or Divestiture/Shutdown.
Once you have determined your current situation, you will need to develop your transition strategy. Example below for Turnarounds and Realignments.