The only way that you can learn is from mistakes, but don’t make lot of mistakes yourself, this will take you years to learn. Instead learn from other’s mistakes, read books of successful people and learn their mistakes and don’t do what they did wrong.
For example, in 2011, the CEO of Netflix, Reed Hastings, tried to convert the successful DVD-renting business into a streaming-only enterprise, provisionally called Qwikster. Hordes of Netflix devotees ended their subscription. Netflix’s stock price dropped nearly 80% at one point.
We all want to achieve success so we could live a comfortable life—have financial freedom, drive a nice car, and live in a beautiful house. However, although success can be achieved, it does not come easy.
Over the past 13 years working as a journalist, I’ve talked to thousands of company founders, business consultants, and leadership gurus about what it takes to lead a company. Usually, during these interviews and meetups, I’ve nodded in agreement after recognizing the successes and failures during my own corporate tenure.
Jump up ^ CARSON, J. B.; TESLUK, P. E.; MARRONE, J. A. “SHARED LEADERSHIP IN TEAMS: AN INVESTIGATION OF ANTECEDENT CONDITIONS AND PERFORMANCE”. Academy of Management Journal. 50 (5): 1217–1234. doi:10.2307/20159921.[permanent dead link]
Other examples include modern technology deployments of small/medium-sized IT teams into client plant sites. Leadership of these teams requires hands on experience and a lead-by-example attitude to empower team members to make well thought out and concise decisions independent of executive management and/or home base decision makers. Zachary Hansen was an early adopter of Scrum/Kanban branch development methodologies during the mid 90’s to alleviate the dependency that field teams had on trunk based development. This method of just-in-time action oriented development and deployment allowed remote plant sites to deploy up-to-date software patches frequently and without dependency on core team deployment schedules satisfying the clients need to rapidly patch production environment bugs as needed.
David Thomas stresses the importance of “multimodality” in communication. “What you say is only the beginning,” he states. “Your behavior, your actions, and your decisions are also ways of communicating, and leaders have to learn how to create a consistent message through all of these. It’s been said many times, but leaders lead by example.”
The purpose of a leader is to achieve a goal by inspiring the best performance from the rest of the team. In order to be a good leader you must be able to get the best performance from others. And you would probably agree, before you can get the best performance from others, you must first be able to get the best performance from yourself.
They need to know why the organization is pursuing the current strategies. They need their leader for guidance and to help remove any barriers they may experience along the way. Mostly, they need the assurance that their leader has confidence in their ability to perform and produce the desired outcomes.
There are frankly so many different opinions about what it takes to be a leader that it would take multiple books (much less one blog post) to even begin to cover the topic. In fact, just type the words “leader” or “leadership” into the Amazon search function. The number of books that come up is staggering. There is the theoretical guidance provided by people like Warren Bennis in his On Becoming a Leader (1989). There are the practical recommendations of people like Mike Thompson in The Anywhere Leader (2011) and Jeffery Fox in How to Become the CEO (1998). There is even the borderline sociopathic approaches recommended by Robert Greene in The 48 Laws of Power (1998), but for karma sake we’re going to leave that last one alone.
Although Pope Francis is a spiritual leader, he doesn’t hesitate to intervene in geopolitics that harms or poses a threat to mankind. His courage and wisdom in embracing pragmatism have won him much respect. His ambition to decentralise the church structure, turning it into a “home for all” shows that he recognises social changes and seems prepared to adapt himself.
If a person in a leadership position views his or her role as “just a job,” it’s going to show. To be an effective leader, you need to have the right motivation. Is it the money or the prestige you care about, or do you sincerely want to inspire people to do their best? St. Marie advised leaders to really ask themselves why they want to lead.
Taso Du Val, CEO and founder of Toptal freelance talent network, said direct, honest feedback — even if it’s criticism — is the best way to guide your team in the right direction. You also need to know exactly where your business is headed, so you can give them the right advice.
Face it – No one is perfect, and everyone has made a mistake or two in their lives! The most successful leaders know that the key to success is not in avoiding falling or failing, but to learn from their mistakes. As a strong leader, you will also be able to communicate your weaknesses to your team, so that you and your team can appoint someone who excels at that particular task or activity.
Look after your health. A healthy body supports a healthy mind. Eat a balanced diet and ensure that you aren’t lacking in any necessary nutrients. Establish the cause of any problems you may experience, such as a lack of energy or a lack of concentration and deal with them by discussing with a doctor, nutritionist and related health professionals. Get plenty of exercise too but make your fitness choices according to what you enjoy.
Not only do leaders have a clear vision, they also communicate it so their followers understand the big picture. It can be as simple as giving progress updates and reminders about the importance of your goals or as elaborate as team workshops to immerse everyone in your mission. As a leader it is your responsibility to decide what method of communication works best and implement it.
Motivation is the key to and it can be hard to stay motivated in a negative environment. By keeping your team’s spirits up, you will be able to motivate them to achieve more, and not let them be bothered by minor setbacks.
Autocratic leaders do not entertain any suggestions or initiatives from subordinates. The autocratic management has been successful as it provides strong motivation to the manager. It permits quick decision-making, as only one person decides for the whole group and keeps each decision to him/herself until he/she feels it needs to be shared with the rest of the group.