Even in the worst situations such as experiencing low team morale or team members having made a big mistake at work, a great leader stays positive and figure out ways to keep the team motivated to solve the problems.
Fear of failure (or even fear of success) often prevents you from taking action and putting your creation out there in the world. But a lot of opportunities will be lost if you wait for things to be right.
Stay away from distractions as much as possible. Distractions are either the spice of life or the forbidden fruit, depending on your perspective. But let’s be clear: it’s almost impossible to be 100% focused on your task 100% of the time. Distractions are okay in low doses. But when your goals start taking a backseat to petty distractions, it’s time to banish them.
Her six-year tenure as CEO has brought a 70% return to WestPac (WBK) shareholders — a remarkable feat given the challenges. Kelly engineered a huge merger with a rival bank, and then had to deal with fallout from the global financial crisis. Australia’s most powerful woman in business has gotten high marks all around.
Because of increasing only the leaders and organizations that can accurately anticipate future markets can possibly survive. Only leaders with foresight can gain the “first mover advantage.”
The Michigan State Studies, which were conducted in the 1950s, made further investigations and findings that positively correlated behaviors and leadership effectiveness. Although they similar findings as the Ohio State studies, they did contribute an additional behavior identified in leaders. This was participative behavior; allowing the followers to participate in group decision making and encouraged subordinate input. Another term used to describe this is “Servant Leadership”, which entails the leader to reject a more controlling type of leadership and allow more personal interaction between themselves and their subordinates.
Leadership and influence are similar, but they’re not the same. Leaders definitely have influence, but not all influencers (even very highly respected ones) are in leadership positions. Leadership tends to affect people’s actions, which is why it’s so valued in the business world. Influence has more of an effect on people’s character, thought process, and values. Like the effective leader, the effective influencer develops positive qualities that reach people, whether on an individual level, or in ways that impact millions of people. Anyone can develop these qualities, whether or not they’re in a position to lead.
Contrary to common beliefs, there are no successful or unsuccessful people but instead there are people who have the potential to succeed and who do things that helps them realize this potential and there are people with the same potential who don’t do those things.
That being said, you have to know your place. There will be times when you have to make the decision yourself and times when you have to give the team time to form a consensus. Respect your followers — what might happen if you veto their opinions? Which brings us to…
By comparison, bonobos, the second-closest species-relatives of humans, do not unite behind the chief male of the land. The bonobos show deference to an alpha or top-ranking female that, with the support of her coalition of other females, can prove as strong as the strongest male. Thus, if leadership amounts to getting the greatest number of followers, then among the bonobos, a female almost always exerts the strongest and most effective leadership. However, not all scientists agree on the allegedly peaceful nature of the bonobo or its reputation as a “hippie chimp”.
Many common myths and misconceptions surround what it means to be successful. Attaining success in our personal lives, careers, and creative endeavors is something we all strive to achieve, but how on earth should we go about it?
What Makes a Good Leader ? A good leader takes the lead. A good leader has personality, courage, clear vision with ambition to succeed. A good leader encourages the team to perform to their optimum all the time and drives organisational success. Below are 10 tips to become a better leader:
“Great leaders also hire and inspire other great leaders, whom they trust to carry out the company mission and instill a sense of purpose that touches each and every staff member,” added Tom Villante, co-founder, chairman and CEO of payment processing company YapStone.
Different situations call for different leadership styles. In an emergency when there is little time to converge on an agreement and where a designated authority has significantly more experience or expertise than the rest of the team, an autocratic leadership style may be most effective; however, in a highly motivated and aligned team with a homogeneous level of expertise, a more democratic or Laissez-faire style may be more effective. The style adopted should be the one that most effectively achieves the objectives of the group while balancing the interests of its individual members. A field in which leadership style has gained strong attention is that of military science, recently expressing a holistic and integrated view of leadership, including how a leader’s physical presence determines how others perceive that leader. The factors of physical presence are military bearing, physical fitness, confidence, and resilience. The leader’s intellectual capacity helps to conceptualize solutions and acquire knowledge to do the job. A leader’s conceptual abilities apply agility, judgment, innovation, interpersonal tact, and domain knowledge. Domain knowledge for leaders encompasses tactical and technical knowledge as well as cultural and geopolitical awareness.
Warren Buffett, one of the richest people in the world, has mostly made the right calls. But in dealing with huge amounts of money, Buffett has also made several multi-million (and sometimes multi-billion) dollar mistakes. He has stated that buying the company Berkshire Hathaway was his biggest mistake.4 From that poor choice, he realized that it was unwise to pursue “improvements” and “expansions” in the existing textile industry. Despite mistakes like this, Buffett has invested wisely – and it shows.
In the late 1940s and early 1950s, a series of qualitative reviews of these studies (e.g., Bird, 1940; Stogdill, 1948; Mann, 1959) prompted researchers to take a drastically different view of the driving forces behind leadership. In reviewing the extant literature, Stogdill and Mann found that while some traits were common across a number of studies, the overall evidence suggested that persons who are leaders in one situation may not necessarily be leaders in other situations. Subsequently, leadership was no longer characterized as an enduring individual trait, as situational approaches (see alternative leadership theories below) posited that individuals can be effective in certain situations, but not others. The focus then shifted away from traits of leaders to an investigation of the leader behaviors that were effective. This approach dominated much of the leadership theory and research for the next few decades
A particular danger in these situations is that people or organizations that are being managed by such an individual or group think they’re being led; but they’re not. There may actually be no leadership at all, with no one setting a vision and no one being inspired. This can cause serious problems in the long term.
Leadership is something that is continuously developed over time, through mentoring and staying curious. The best leaders are always learning and are hungry to be the best they can be for their employees.
It’s better to be respected than loved. As human beings, we have a natural tendency to want to be loved. But what happens when your desire to be loved interferes with your ability to lead? Effective leaders recognize it is more important to be respected by their people than adored. They make the tough decisions that are needed to secure the future of those around them, including their direct reports.
Jump up ^ Hoyt, C. L.; Blascovich, J. (2016-07-26). “Leadership Efficacy and Women Leaders’ Responses to Stereotype Activation”. Group Processes & Intergroup Relations. 10 (4): 595–616. doi:10.1177/1368430207084718.