Mittal created the world’s largest steelmaker (MT) by pursuing a decades-long, impossibly audacious plan of consolidation — working with governments, powerful labor unions, and constituencies to rewrite the rules of the old steel industry in tough times.
Reward employees for good behavior. To be a good leader, you need to maintain high team morale, and to motivate employees to achieve their goals in a timely manner. Also, make your rewards desirable and fun!
What also emerged from the research was the damaging effect of operating in a constrained environment. Where people lacked either the time or the resources, then generally the first thing to be sacrificed was a focus on purpose and ethics.
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Trek to Teach is a nonprofit organization that sends fluent English speakers to teach in Nepal near the Himalayas. In addition to teaching, Trek to Teach strengthens local communities by helping schools build infrastructure, paint their classrooms, and find furniture.
“Great leaders are aware of their own style and make the effort to learn how their style actually comes across to their team. They learn to flex their leadership style to individual team members so that they communicate and behave in ways that motivate and inspire.”
If leadership in the business context is the ability that a company’s Management has to make concrete decisions and inspire others to perform at their most productive; effective leadership is the ability to set and achieve challenging business goals, take decisive actions when faced with challenging business scenarios, outperform the company’s competition, take calculated risks and continue moving forward even in light of failure.
Leaders who rely on fear and power and intimidation aren’t so much leaders as bullies. True leaders are always nurturing and mentoring others on the team, which means letting them take the wheel sometimes. When you allow others to take the lead, you give them a chance to showcase their skills and talent, and you inspire your whole team to bring their best.
2. Compassion. Too many leaders these days manage with the balance sheet, often times at the expense of their employees and long-term customer relationships. Talented people want to work for leaders and organizations that truly care about their employees and the communities in which they operate.
Having great leadership skills includes your being able to clearly and specifically communicate your vision, goals, skills, intentions, and expectations to others. This also includes your ability to listen to what other people are consciously or unconsciously communicating. To become a great communicator, continually strive to improve your verbal, nonverbal, and listening skills.
Motivation is the key to success, 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.
Jack started to protest but the clamor changed from the general wish for a chief to an election by acclaim of Ralph himself. None of the boys could have found good reason for this; what intelligence had been shown was traceable to Piggy while the most obvious leader was Jack. But there was a stillness about Ralph as he sat that marked him out: there was his size, and attractive appearance; and most obscurely, yet most powerfully, there was the conch. The being that had blown that, had sat waiting for them on the platform with the delicate thing balanced on his knees, was set apart.
The Nobel Peace Prize winner gave up freedom and a life with her family in Britain to protest military rule in Burma (now Myanmar). But nearly two decades of house arrest could not quash the opposition leader’s determination. Since Suu Kyi’s 2010 release, her political party has clinched dozens of seats in Parliament. Current law bars a presidential run in 2015; even that may change before long.
To create a vision, leaders focus on an organization’s strengths by using tools such as Porter’s Five Forces , PEST Analysis , USP Analysis , Core Competence Analysis and SWOT Analysis to analyze their current situation. They think about how their industry is likely to evolve, and how their competitors are likely to behave. They look at how they can innovate successfully , and shape their businesses and their strategies to succeed in future marketplaces. And they test their visions with appropriate market research, and by assessing key risks using techniques such as Scenario Analysis .