What is Strategic Financial Management?
Strategic financial management is basically about the identification of the possible strategies capable of maximizing an organization's market value. It involves the allocation of scarce capital resources among competing opportunities. It also encompasses the implementation and monitoring of the chosen strategy so as to achieve agreed objectives. The key decisions falling within the scope of financial strategy include the following: 1. Financial decisions - this deals with the mode of financing or mix of equity capital and debt capital. If it is possible to alter the total value of the company by alteration in the capital structure of the company, then an optimal financial mix would exist - where...
We are facing a major global crisis. The rise and fall of the economy has affected many businesses and has opted some most of the businessmen to close down their establishment. There are also others who have lessened the number of employees in order to be able to continue their business. Up to this point, many have struggled to survive every trial that they meet most especially when it comes to financial crisis. Everyone is affected with the global crisis. It is not only the economy but also the families across the globe. They too are greatly affected since they have to compromise from the loss of a job, from the family expenses in the family and the financial support that their children needs in...
Financial Planning Software - Will it Help
We all understand that we are going through troubled times and it is only a very few people that are still clinging on to their previous life styles. For all these people through out the country the only way out of this mess would be proper financial planning. Be it in office or at your household, financial planning can turn your life around tremendously. For all of you who think that financial planning is the hardest thing to do in this planet, things are looking great with the new introduction of free financial planning software. Some of the software that is available today will take care of all your day to day as well as long term planning. There are also varieties of free financial software that...
Financial Management
Many people would expect starting a business to be very easy. With a product or service to sell and enough knowledge to market it properly, many people think that they are ready to go. Starting a business, however, takes more than just products or services and simple knowledge. It takes much more if you want to make your business grow. At the very start of the business, owners or shareholders will instantly be faced with financial matters that require financial decisions. Questions such as what assets to invest in and where to get the cash needed for such investments would require financial know-how. And as the business venture thrives, shareholders have to manage daily finances and make long...
Financial planning software is available in a range of options and complexities that can prove daunting for the first time buyer. Although your IT support team is able to assist in setting up the software that choice will still be yours when it comes to deciding the features and benefits that will suit your circumstances best. Some software will only offer rudimentary capacity to track expenses and income, whereas more sophisticated software will give you the option of tracking your investments and measuring the performance of your portfolio. Whilst you may not wish to track economic data that will affect the performance of your portfolio you will probably want to maintain a good overview of your...
Financial Planning Software - Things to Look For
What are the basic aspects of money management software that you need to look out for? Obviously, ease of use is the top consideration. No point in getting a soft ware that is harder to use than piloting a space shuttle is! Let us have a look at some important points below: The major ones will be discussed below. 1. User Friendly Interface: As I said earlier, there is no point in buying software that is not easy to use. Once something is easy to use, we repeatedly go back and use the same one. Research has also shown that an easy user interface allows users to feel less stressed over their calculations. 2. Consumer Feedback - It does not take a rocket scientist to figure out that if you have a good...
In the online business college program the communication is not one-to-one but many-to-many. Group mailbox is shared by each one in the class, which basically serves like an "electronic classroom." The communication between students is common; a group forum is used by each class where students display their ideas and work before class for their suggestions and comments. This enhances the quality of assignments prior to more formal, academic analysis by the faculty. The research material is made available to students from the University's Electronic Library. The online business colleges are designed for the benefit of working people in so many ways. Classes here are offered one at a time. There are...
Economy Affects Families Who Have College Age...
I am a wife and mother of three step-children and three children of my own. I raised all six children as my own. I shared in their joys, hurts, concerns, and dreams and helped to guide them through times of uncertainty and personal crisis. I feel very deep compassion for children who are unable to attain their goals due to the prevailing economic conditions. Too many kids are dropping out of college because of financial constraints, and later this year it is anticipated that many kids who would have gone to college in the fall, will have to defer embarking on their university education. Some of them will end up never going to college! I've contemplated all of this whilst our fourth child is now a...
Grass Roots Leadership
You won't keep your customers happy if your organization is filled with people who are unhappy or unmotivated. So how do you keep your employees motivated, engaged and happy? Make them feel connected to the results of the organization by showing them that their ideas count. Cultivate Grass Roots Leadership Often the people in the trenches are the ones in the best position to make critical decisions. They may either feel uncomfortable to express their ideas or are not encouraged to do so. Encourage leadership at all levels of the organization by creating a culture which rewards independent thinking, supports ideas with resources and forgives mistakes. Criticize in Private, Compliment in Public Public...
v> Living paycheck to paycheck? Need more money? Most of us do. This article explains how 3 easy steps, (1) plan, (2) prioritize, and (3) take immediate action, can reorganize your time to accommodate a profit pulling home based business. Almost everyone needs or wants more money coming in, and with this desire most would like to start some sort of extra income producing project. The trouble is, not many of these people seem able to fit "a second job" into their time schedules. It's true that most people are busy, but extra time for some sort of home-based extra income producing opportunity can almost always be found. It may mean giving up or changing a few of your favorite pastimes such as...
Strengthen and Support Database Management with...
A database is the foundation of the digital economy. A database organizes the huge amount of data created on a regular basis and even stores the information that runs a business. Recession has made IT companies to reduce their database administration staff in spite of huge database support requirement for sustaining its e-business infrastructure. With increase in databases size and complexity, the role of a database administrator is becoming increasingly difficult. Selecting and implementing an effective database management plan of action is very important for distributing of information across all channels accurately and efficiently. This has made many companies to approach database outsourcing...
What if there was a way for you to get your employees truly invested in helping your company earn a profit and achieve its key goals? You'd just tell your employees what you're trying to accomplish and how you're progressing, and they'd become rabid fans and supporters. Does this sound too good to be true? Well, it actually happens in some companies where management has been able to adjust its way of thinking about the employee-employer relationship and practice true Open Book Management, or OBM. Think about this for a minute: Public companies share their financial results with the world, but primarily because they have to in order to freely sell their stock. However, most privately owned companies...
Business Startup - Why Get a Business Coach...
Hiring a coach or consultant should be the first step you take in starting your business. The capital you use to start should include the services of a business coach or consultant. Using a business coach or consultant when starting your business can save you thousands of dollars on expenses you may not need to incur during your startup. Every year a lot of businesses start, but finish early. The reason is due to lack of profitability. Hire a business coach to help you determine what you need to do to stay in business successfully. If you already have a business, when sales are slow and business is starting to take a downturn, hiring an experienced coach or consultant can help you in many ways. An...
Cash Management: Best Global Practices
Best cash management practices are the need of the hour with the corporate world focused on expanding its existing businesses and in many cases diversifying. Efficient cash management is a must to support an institution's growth and therefore adopting the best cash management practices is necessary. Adequate cash management mechanisms ensure efficient collection systems, systematic disbursements, and ideal deployment of idle funds, tiding over immediate cash needs, and compensating the banks that support these activities of the company. To achieve highest cash management standards, a company's compensation and accounting departments must work in coordination. Such close working relationships between...
When do You Need a Financial Management Company...
We live in a crazy world. Someone ought to sell tickets. It seems that people, especially those in the US, are always clamoring for products and services that they don't need and ignoring those that they do. Financial Management is a prime example. Companies that provide financial management services are often inundated with requests from potential clients that really can't benefit from their services while many people that should be using a financial manager of some kind are literally flying by the seat of their monetary pants without anyone to navigate for them. So, how do you know when you need an accountant or financial manager of some kind working for you? Just ask yourself these questions...
Executive Coach - How They Address Executive...
Executive coaches help middle and top level executives of an organization by providing more knowledge regarding their personality traits and provide ways to tackle the stresses of their work environment. Executives face a lot of challenges in their day to day life and face constant problem in what decisions they should take, and once taken, were the decisions right or wrong? Providing them with an executive coach helps them in getting a proper and positive perspective regarding their situation and leaves them with proper information and ability on how to deal with any future problems. There are different strategies which coaches use (can vary according to the coach and the organization) and help...
Team Building and Leadership
In the UK we have a program called "The Hotel Inspector". A successful hotel owner, the impressive Alex Polizzi in the current series, visits unsuccessful ones and gives them advice and other assistance to turn their businesses around. Polizzi was born into the hotel business, being the grandchild of Charles, later Lord, Forte of Trust House Forte fame. I've only watched a few episodes, but it seems to me that her advice is always as obvious as it is fitting. It makes you wonder why the owners needed her in the first place. In episodes I have seen the hotels have been lacking in cleanliness, attention to detail and / or marketing savvy. Anyway, the last episode I watched was all about the owner. In...
My operations leader and I were standing in the parking lot after a meeting discussing a couple of issues when he asked, "What would you say are three secrets to good leadership." I thought for a moment before giving an answer. I have a fairly lengthy list of things that I think are essential for leadership success. The list has been built over the years through observation of others as well as my own experience, but I'd never tried to boil it all down to just a few points. I've considered that question through the intervening years and the following three points always seem to be at the root of everything I teach and counsel about leadership. Is this oversimplified? Perhaps, but a leader who...
Shock-Waves Part 2 - Avoiding Senior Leadership...
In Part 1 of this article, I discussed the impact that senior leadership teams have on employee engagement, productivity, and retention. And, I made it very clear that the behaviors that originate at the executive team level ripple through the organization. Just like a wave that gets larger as it nears the shore, those behaviors get magnified and repeated - regardless of whether they have a positive or negative impact. I also discussed the first "Costly Mistake" that senior leadership teams make - The Lack of Focus. The challenge in many organizations is that senior leadership teams get so busy spending time IN the business, instead of ON the business. And when senior leadership teams aren't focused...
There are two streams of competitiveness running through every organization. The first goes outward: It's the organization's competitive activities toward its competitors. The second goes inward: It's the competitiveness of leaders inside the organization who are vying against one another for power, recognition, privilege and promotion. To be successful in the second, leaders must not only do well in their jobs but they must also be able to have their bosses and colleagues perceive they do well. In other words, they must be able to publicize themselves -- or, to use the vernacular, blow their own horns. I submit, however, that if one simply puts lips to the horn of publicity and blows hard -- i...
Article Series - Entrepreneurship for Dummines...
Leadership! What does this word mean to you? For most, the word leadership is reserved for the elite, the few special people with extraordinary skills and gifs. Leadership is not a gift or a position; it’s a state of mind. Always remember, the disposition of a leader is different from that of a follower. The first thing that must be understood is that leadership is a choice. Leadership starts in the mind. It’s your thought patterns that separate you from those that follow. Being a leader is about you as an individual, not the position you hold as CEO, pastor or supervisor. No matter what position you hold within an organization, you are able to be a leader if you think like a leader. Leadership...
Leadership - What's It Like to Work For You?
Professor Sutton says bosses matter. Why? Because "95% of all workers have bosses, are bosses, or both... and... for more than 75%, dealing with their boss is the most stressful part of their job." So, what would your people say of you? And, what can you do to improve? Here are seven pointers from Professor Sutton. They're a bit cynical but have the tang of real-world experience. Taking control - Express confidence even if you don't feel it. As Andy Grove said "part of it is self-discipline, and part of it is deception. And the deception becomes reality." Belief follows behaviour! In my years of working with leaders, some of the best (particularly in tough situations) have relied on this strategy...
There are seven universal principles at work behind every choice, every interaction, every word that is said and every action that is taken. Understanding these underlying principles will help you grow and prosper as a leader and as a person. 1. Fairness Fairness is a principle that's understood by children everywhere, but as we grow up, we each may develop our own individual concept of what is and isn't fair. On your team, there needs to be a common understanding of fairness, and it needs to be defined, communicated and demonstrated by you as the leader every day. When you make decisions, be open and honest with your team about how they were made and why. People may be resentful or mistrusting of...
Qualities That Define True Leadership
There are many qualities that can define true leadership, but I believe five qualities stand out among all others. These qualities truly define and maintain the focus needed to become a true leader and gain the goal of success as an entrepreneur. Leadership is a skill that must be mastered and shown daily, not only in business but in life in general. As we go throughout our daily routines, notice the characteristics of people around you. Here's an exercise for you the next time you go to a mall: Find that one person that sticks out of the crowd. Why did you notice them? Was it their appearance? Or was it the way that that person carried themselves, walking tall, chest out, and confident? These are...
A Look at the Different Types of Leadership Styles
Leadership style is an approach of giving direction, motivating people and implementing plans. As there are many leaders, there are different leadership styles. A good leader uses the right leadership style according to the situation. Whatever may be the situation, bad leaders tend to use only one style. Following are the different relationship styles Authoritarian Leadership Style; Here the leader informs the employees that what they should do and how should they accomplish the task. Here the leader does not take the advice of the employees while giving orders. You can use this strategy when you know exactly how to solve the problem. You can also use this strategy when you have less time to...
Team Leadership - How to Create Successful Teams
A team can, as a general rule, achieve more than any one individual could working alone. At the same time, successful teams do not create better results by chance. So how can you create a more successful team? Give it a clear purpose Any team that you create needs to know what it has been set up to achieve. Without a clear purpose or outcome, a team will simply drift, waste time and energy trying to second guess what it is trying to achieve. Make the purpose or outcome crystal clear to the team in as much detail as you possibly can. Create dependency If the purpose can be achieved by one person working on their own, there is no need to have a team at all. For a team to be successful there needs to...
Leadership - To Lead by Example
Leadership is a very mysterious thing. Who has it, who doesn't, how can you tell, and does it really mean anything? Well, I believe it means a lot. But the truth is it only means a lot to the person who has it and exudes it. That's you. In my opinion, it doesn't mean a hill of beans to anyone else if you have leadership qualities because "they" could care less and you almost always don't get paid more for having it. For example, no one will walk up to you and say I just noticed you have "leadership skills" based on the actions you just completed and as such you will now get paid more in life for having them. On the other hand, if you have "leadership skills" as mentioned in this article, then over...
In her book, Bad Leadership: What it is, How it Happens, Why it Matters, Barbara Kellerman points a finger at followers as a catalyst that allows bad leaders to endure. She points out that, in discussing leadership, often the role of followers is ignored. It certainly is to our detriment as leaders that we ignore followers. Throughout history there have been those who were in charge, and those who weren't. Unfortunately, for those who weren't in charge, life was often much less pleasant than it was for those who were in charge. Equally unfortunate is that similar attitudes tend to survive to this day in some modern organizations. Leaders look down at subordinates as people beneath them; somehow of...
We all know deep down that we have to work on ourselves to be the person that others will gladly follow. But truly what does it mean to be a leader? Lots of things but it can best be summed up like this: Leader has TRUE value to offer - If you have real value to offer people they will come to you to get it. We all want to know how to do things better, be better, and achieve more success. Leadership starts with the intention that you will be a leader! This doesn't mean that you need to be a well spoken image of a typical leader, all that it means is that you have real value to share with others, and you will have the ability to teach it to them. Through leadership I have been shown the best marketing...
John Wooden passed away on June 4, 2010, at age 99. If you are a basketball fan, just saying the name John Wooden is all that is needed to know you are speaking of coaching excellence. If you don't know basketball, I could go on longer than any of us want giving you Coach Wooden's biography. But, I'll summarize in a few words: John Wooden won 10 national championships in 12 years (the closest any other coach has come is 4 in a career). He is a member of the Basketball Hall of Fame as both a player and a coach (one of only three people so enshrined). In 2009, The Sporting News named him "The Greatest Coach of All Time." (As I said, I could go on, but I won't. However, if you're interested in more...
Overview Over the last months I have been asked multiple times, in interviews for various media, what the difficult economic times have done to change leadership. I am not sure that the times have changed the demands of leadership as much as they have magnified our weaknesses and areas for improvement. We are often unaware how our cultures have actually diminished the very things that we think of when it comes to leadership. Strong, bright individuals have been taught not to be too strong or too bright, lest they draw negative attention. We talk endlessly about effective communication and yet, our communication skills seem to be deteriorating with the heavy influence of performance reviews, 360s and...
How a Charismatic Leader Could Arouse Trust,...
This week we read through so many different types of leadership concepts and leadership theories. With so many different approaches and styles of leadership, I started to think about all the different managers I’ve had throughout my eight years at Bank of America. Then I look inward at my pervious customer service team manager position. What is my leadership style? I’ve always tried to have an inspirational approach to leadership and the most common style is “charismatic leadership”. Maybe because I employ this style I also respond very well to managers who have always tried to motivate me in this way. Charismatic leaders always develop good communication with their associates. All...
Leadership - Lead From Within in a Unique Way
An important skill in any great leader's accomplishment lays in his ability to effectively lead from within. If a leader can only influence and is likable, he or she will have followers but these qualities alone cannot make that leader stand out from the crowd of like-minded people. There need to be a human dimension in it, a greater purpose, to make leadership sustainable. In other words, doing the right things to others, being persistent and honest with self and being oriented inside out will eventually produce greater impact. By simply mirroring giants that contributed long before our time, improving on their validated strategies and adding some new value twists to them, a leader can make a...
7 Steps to Improve Your Virtual Leadership and...
We are all used to working as a part of a team. Working toward a set of common goals that point to the company's mission is a great achievement; and yet, the team is faced with more challenges each day. The need to be productive and effective has never been more important. But how can one achieve success in a team full of individuals with different points of view? How can one prove that in order to build a team, a proper virtual learning community must come to the rescue? The place of virtual teams in the networked economy is seen and realized everywhere. Such teams are composed of human resources with exceptional skills, situated at a distance from each other, who must collaborate to accomplish...
What Makes a Good Team Leader? Leadership...
These days, knowing what makes a good team leader is very important. There is a higher demand for people with effective leadership traits. But not all leaders are born that way. Many of them have had to work at themselves before they became shining examples of leadership. If you want to know what makes a good team leader, read on! Leadership Trait # 1: Being a Good Follower A good team leader is a good follower. After all, how can your team look up to you if you yourself don't have any respect for the authority? You're supposed to be the prime example of how a person should behave. Besides, there are certain disciplines that come with being a good follower. For example, a manager who has gone...
Ever wonder how some people have so many friends and other's don't have so many? Ever wondered what you could do to attract more people and be a better influence? There are certain techniques we can use to build our relationships, develop our leadership style, and be a great influence on those around us. It's about our relationship marketing or about how we connect with other in our business, personal or spiritual lives. When we think of developing our inner leader, consider how we treat others, talk to others or show respect within our circle of influence. Ask yourself, "Do I feel respected?" In developing our leadership skills, perhaps we can find some tips to strengthen our relationship circles...
Ten Characteristics Of Leadership
Many people are interested in answering the question: "What makes a great leader?". What would you answer to that question? There are many lists of these traits written by others. These are quotes taken from an article by Bill George former chairman and CEO of Medtronic. According to him the most important trait is to be yourself! As you will see many of the traits of leadership require a great degree of self knowledge. Great leaders know themselves so they can be themselves. 1. Authenticity "After years of studying leaders and their traits, I believe that leadership begins and ends with authenticity." 2. Desire to Serve Others "Authentic leaders genuinely desire to serve others through their...
Top Business Careers Require Leadership
Leadership in top business careers requires you to have organizational skills. You need to be able to organize and plan a project from start to launch date. You need to have an ability to organize employees, tasks assigned to employees, and an ability to follow up. Leadership in top business careers requires an ability to delegate professionally in a manner that is respected by the employees. You want employees to want to do the tasks assigned to them. Proper delegation means that you can assign tasks according to skill sets and a desire to accomplish them. If you give employees tasks they do not enjoy doing or they are not skilled at then they will not be motivated to complete them. A good leader...
Good leaders are made not born. If you don't believe this, then there is little that you can do to become a better leader. While some people may be more outgoing or extroverted, these traits alone will not determine whether or not they will succeed as leaders; in fact, people with a wide range of personality traits have become successful leaders by using different styles of leadership. It is also true that leadership is more of an art than a science meaning that there is no one magic formula for success; however there are fundamental principles that can be learned by anyone and used to make them better leaders. Here are five tips on how you can improve your style as a leader: Commitment to...
Effective Training to New Comers With Learning...
A learning management system is a time efficient way for training. Most companies train their new employees for the sake of it. Often a new employee carries away nothing. It usually is a great waste of time and the new employees' spirit could end up being dampened after the prolonged boredom. This might come in the form of lot of notes given to them. The new joiners who are expected to study these and understand the intricacies of the firm and its work hardly find anything interesting about it. This also goes to show how disorganized the workplace is and the fact that time is not being valued. A bad training program, where the onus is entirely upon the nervous new joiner could be due to lack of...
Involvement is a big factor with change management and should be the first thing considered when you are thinking about making changes to anything within an organization. Always think about the people involved. If you are going to make a change to a piece of software used by several departments, then all of these departments will be involved. A company works together to reach the same goal. Although, not everyone is performing the same tasks, change management affects everyone. Accounting might want a new piece of software they think is easy to use. Maybe the information technology department that needs to support it doesn't know how to use it. Not only would this affect the IT department but it...
In recent times of economic slowdown, it is very essential for a failed public or private sector organization to take measures to win back its employees' confidence. It is natural for the employees to become unfocused and uncertain about their future during such a chaotic situation. After all the employees' had put everything in the hands of the management- their careers, their income and even retirement plans. So winning them back should be an organization's prime concern. An organization would do well for itself with a set of excited and happy employees all brimming with confidence. There are many methods by which an organization can get back a bandwagon of raring to go kind of employees. Some...
Understanding the Importance of Leadership in...
There are so many aspects of running a business well. There are some qualities you absolutely need to have; one of these is a good leadership instinct. If you can lead your business through ups and downs alike, it is sure to succeed. Being a good leader also determines how much you can involve yourself in your work, and whether you like the work you do. Here are some questions you need to ask about your business and about yourself: Can you Learn to Lead? If you head your company, this is the question you have to find the answer to. Fortunately, finding the answer isn't impossible. You can learn to lead, but there are things you need to follow and habits you need to set aside. A leader doesn't think...
High Performance Leadership Teams
Huge sums are spent each year assessing and trying to improve organizational performance, yet the least expensive, easiest, and most impactful diagnostic and intervention point is right under our noses and rarely recognized. The patterns of interaction that occur at your leadership team meetings are the patterns of interaction that replicate throughout the organization. Leadership meetings are a microcosm of the whole. A scary thought for some of us, and especially in those quarters where the "M" word (Meeting) is an unspeakable. That's not good news. Of course, it starts with the boss. What does s/he expect, model and tolerate in behaviors at leadership team meetings? Subordinates often don't...
The Power of Humble Leadership
Think of someone you know and admire as a great leader. Now list the key strengths or characteristics of this person that were worthy of your admiration. The really great leaders tend to share one common attribute that propels them to great heights while building huge flocks of loyal followers. You may recognize this attribute as being "grounded", in spite of their achievements. Or maybe you can see that they have the ability to connect with "regular" people while they soar to new heights. You may also notice that they have a predisposition to openly acknowledge the contributions of others to their success. All strong leaders know that no matter how high they rise, they need to have a strong...
To everyone reading this article I encourage you to think about the people in your organization who is leading you. Now that you have thought about the people in leadership positions in your organization, do you believe they are influencing you? I know my aforementioned question put you to task, however I made it as simplistic as possible. If your leadership is influencing your work, productivity and or future for a better career, congratulations. More importantly, if your leadership is assisting you in become a leader, then they are definitely exhibiting excellent leadership skills. Why? A good leader is adept at placing their stamp of approval on delegation. What does this mean? A good leader is...
A Case For Leadership Instinct
In the early 1970s, a young technician at an automobile assembly plant in Tennessee had been furloughed several times. He spent several months out of work waiting for the company to call him back as production volumes increased. He was a young hard working man with a burning need to earn a good living. This waiting was more than this young technician could stand. With no formal education beyond high school, he believed his options were limited. He knew he was a good worker with a lot of common sense. He found a small metal works shop not far from home and decided he could run it better. Thirty-six years later, his products can be found in millions of vehicles of leading automobile manufacturers. He...
Action Centered Leadership is a model developed by John Adair that focuses on what leaders should do in order to be effective. Any leader should gain the respect of the group that he leads. Now this person is judged by his qualities, potential and the actions that he/she takes while doing the job with his/her teammates. Going by this, one can say that the leadership is centered in the actions that a person takes. From here, came the concept of Action Centered Leadership. The Action Centered Leadership model revolves around three key activities attempted by the leader: accomplishing the task, building and upholding the team and preparing an individual (honing his talents or skills). Some of the world...
What is Agile Project Management?
Have you ever tried something new that worked well but you didn't understand why it was working? When we first started implementing Agile we had tremendous success. For instance, we turned a twice failed custom CRM implementation into a home run for a leading insurance company and had many other similar victories. It really is a great project management tool, but there are still many people who don't know the basics of Agile. So here is a brief overview of Agile Project Management and what it accomplishes for you. Agile Software development is a term coined with the signing of the Agile Manifesto in 2001. At this signing some of the world's most prominent minds came together to rally against the...
Less is more! A great maxim I learned over and over in my trainings as a psychotherapist, coach and trainer. Get out of your own way and you get out of your client's or group's way. It's all about them, not you. Unless, of course, you want to be the sort of leader who acts like the worst kind of guru or super star. Showmanship, power trip and little substance. And I met plenty of them in a previous corporate career. Rising stars and charisma caterers with very little in between. Far better to be a 'do less and be more' leader for yourself, your people, your organisation, your stakeholders... "and" for all the communities in which you play a part. Having set the vision and outlined the outcome, trust...
Effective Leadership Skills - A Leader's Core...
What does it take to acquire effective leadership skills? First, you have to be good with people. Leadership is highly interpersonal, so many people skills are involved. To name a few: listening, accepting feedback, giving feedback and resolving conflict. These are skills you use with people, and you can learn them. But people skills take you only so far. You need something else. A lot of people say, "It's not just what you can do, it's who you are." I talk about this as "personal strengths" - behavior patterns such as honesty, integrity, compassion, composure, perseverance, initiative and dozens more. Some people refer to them as "character," "heart" or "grit." These aren't passive traits...