In: Economics
what makes for good leadership and what contributes to leadership failures, partial failures, and suboptimal results.
Great leaders make a difficult choice and self-sacrifice in order to enhance the lives of others around them. As a business owner, not only does your family depend on you, but also the families of those who work with you. Each employee has a family. And if you are a small business owner with four employees, you are, in fact, theoretically responsible for an additional 10 to 15 people.
The willingness to display respect, compassion, and care to those who obey you is all due to being a great leader. Achieving respect is key to a good relationship with others, while also demonstrating that you care about their work or their ideas. Being empathetic allows a leader to tap into an individual's emotions in order to connect in a way that lets that person know that you understand what it means to be in their situation. Combining all three of these characteristics will make someone a great leader.
Knowing each individual's strengths and weaknesses in order to efficiently control the team's result is key to success. Leaders have a clear vision and use the tools at hand to solve their problems. They take risks and make tough decisions, knowing that sometimes they might be wrong. These are the most important qualities of a real leader who works in a similar way in our professional and personal lives.
Strong leaders are doing what needs to happen. They don't refuse to do a job, believing it's under them because of their title. We lead by serving, which sets the perfect precedent for those we lead. Your conduct is contagious. When you're just in a bad mood and filled with negativity, you might expect your colleagues to do the same thing. Your attitude is setting the tone. It is critical how you react to questions, feedback and new ideas. Either it will encourage your team members, or it will cause them to ask themselves, what's the point
A good leader will never be "too distracted" with a mission that needs focus. Leadership requires you to be organized and efficient. Successful leaders, of course, know how to delegate those responsibilities to a team, but that doesn't mean they don't allocate priority to an emergency when it's required. The findings don't come from what you know, they 're from what you do. College degrees and fancy job titles are no guarantee of success. A good leader is intelligent, but understanding their outcomes comes from what makes them smart.
A true leader does not need a title to gain the respect of his team. Any leader who focuses on the title says he or she has little else to stand on. So many leaders are afraid that someone is taking their place. This shortage of thinking can cause a leader to lose sight of what is important. Successful leaders are making more leaders. Delegation is part of any day of effective leadership. The problem is when leaders assign tasks and presume that they are no longer responsible for the outcomes of that mission. Delegate the duty, not the responsibility. As a dictator, you have the results.