So in comes Total Quality Management, 6-Sigma, Agile/Scrum, Management by Consensus, Theory Z, etc.
In truth, good management is the opposite of formulaic. It's individualized. Consistent with your work-group's mission, how can you maximize each supervisees' strengths while skirting their weaknesses. So the wise manager and leader sits down with each employee to craft an individualized approach.
My PsychologyToday.com article today offers key factors in individualized management.