In a Recession, Leadership Is a Management Obligation

"Leadership is not something you do to people. It is something you do with people." --Blanchard and Zigarmi

Yet often management is not leadership. Succeeding in today's economy requires a level of management commitment that goes beyond a voluntary effort. Leadership is a management obligation and should be a business goal. It creates business loyalty, stimulates business growth, and lowers operating costs.

Leadership is a premeditated process and the essential ingredient that turns visions into reality.

Merriam-Webster Dictionary's defines a leader as "a person who has commanding authority or influence."

The Difference Between Leadership and Management

• Leadership is the skill of getting others to willingly do what you want them to do. It involves discretionary performance.
• Management is deciding what to do and then getting it done through the effective use of resources and others.

 

7 Traits of a Successful Business Leader
During a Recession

1. Be A Good Listener. Interact with employees and accept that you don't know everything.
2. Be Committed. Display personal and professional resolve that demonstrates to your team that you are operating in parallel to them.
3. Be Loyal. Display behavior allegiance to support your team when difficulties arise.
4. Have A Purpose. Internalize that your business goals are valid, just, and attainable.
5. Be Prepared. Education is the foundation of leadership so you need to be open for additional education.
6. Take Advice. Accept that your leadership success is tied to your communication process. It's not what someone else says; it's how you hear it.
7. Take Action. Take viable tactical, business steps to hit targeted goals.

Business leadership is a learned process that uses the attributes listed above to drive company and staff performance.

Having only some of these attributes minimizes your leadership success and your ability to maximize your company's number one asset -- your staff.

"Conductors of great symphony orchestras do not play every musical instrument; yet through leadership the ultimate production is an expressive and unified combination of tones."
--Thomas Bailey

So, are you a leader or a manager?

By Paul R. DiModica - CEO, Value Forward Network

Editor: Suzie DeBusk
President
CxO Value Partners, Inc.
321-394-3377

CxO Value Partners, Inc.
is a certified partner of the
Value Forward Network

 

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