12 September 2017

Most business owners need a lesson or two on effective leadership

One cannot attribute success in business to a single individual, simply because any company that aims to achieve its goals needs the collective effort of each and every employee. But why does the business world give so much glory to business leaders? Why is it that, more often than not, a successful business is almost synonymous with its owner or President or CEO?

That’s because to survive, a business needs direction. Not having a unified drive towards a definite goal cannot move a company forward, no matter how hard each employee works. And the person who determines and sustains that direction is the business leader. They are the one who makes crucial decisions whenever necessary. The one who lays out the blueprint for a general strategy. The one who calls the shots on most, if not all, aspects of the business.

As a Business Coach, I always make my clients understand how important it is for a business owner to not settle on just being the ‘owner’. A team of employees needs someone to provide them with that ‘direction’ so their efforts are not wasted. And there’s a lot of difference between just being someone who owns the company and someone who knows how to inspire, motivate and push people to deliver beyond expectations.

Leaders don’t rule; they lead by example

Your job is not to consciously remind people that you’re the boss. Instead, just focus on performing your duties as a leader. Show them how dedicated you are in achieving the company’s goals — the business whys — and they will willingly look up to you as their leader. Prove to them that even though the top position is yours, you’re still the most hardworking employee.

Leaders don’t waste time

Poor time management breeds disaster. Business owners who don’t know how to maximise their time often end up squandering other people’s time, too. They become micromanagers because they lack the skills to properly delegate tasks and determine the importance or urgency of certain situations. Sometimes, it’s not how many things you’ve accomplished, but how you were able to make use of your time doing things you’re supposed to do. Once you’ve mastered time management, you naturally bring your leadership skills to a whole new level.

Leaders shine the light on their team, not themselves

Leadership isn’t about individual triumphs. You shouldn’t feel the need to take credit or ask for a pat on the back. Care more about the influence you have on your team, and how you’re able to bring out the best in them. Seek out opportunities to help your talented players build confidence. Even when your people fall short, understand that it takes time and perseverance until they finally flourish. Try to see what others can’t; don’t look for instant results.

Leaders make time for everyone and know how to listen

The best leaders are always listening and empowering their people. Take the time to coach and train, knowing neglect only promotes bad habits, stagnation, and detachment. Accept feedback and try to learn from past mistakes.

Also, it’s absolutely important to keep your team interested and engaged in the work being done. It’s all about giving them a feeling of value. Remember, your team can occupy their roles for years, but they won’t create value for the business if they’re not invested in their work.  It’s up to you to ensure employees actually feel that they’re making a difference.

Be the best business leader you can be! Reach the full potential of your company by working with a Business Coach. My extensive clientele consists of companies based in all of the Midlands including Leicestershire, Derbyshire, Nottinghamshire and Staffordshire. Discover how REACH Business Coaching can help you grow your business by attending our free workshops and seminars.

For schedules and more information, visit our Events page.

Subscribe to this blog to get updates on the newest Business Coaching articles!

Guaranteed Investment

Guaranteed Investment

Everything I do is bound by my solid gold guarantees. Regardless of which programme we work on, if you do what you said you were going to do, when you were going to do it, you will get a return on investment guaranteed. If not, then I will refund you the difference. Yes, I am guaranteeing your investment.

Enrich Your Business

Never, ever, underestimate the power of Coaching.