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Great leadership changes the game. The amount of money invested in training and development for leaders across the country in a year totals about $70 billion. Yet, companies lose an estimated $398 billion due to bad leadership. Ask yourself: What’s the “bad leader budget” at your company? Read on for five tips to keep that budget in check.
1. Inspire change—keep things moving forward.
When you take a leadership role, this is the job you sign up for. Nobody is hired as a leader to just babysit. You’re hired to move things forward and achieve new and better outcomes. Inspired people simply do and care more.
2. Promote learning and growth.
Learning and growth develops your people and the organization. If you stay still, you end up going backward. People want to be with leaders who will take them forward.
3. People choose their leader.
We get assigned a boss, but we choose who to follow. Leadership is about influencing people and building a fan base. If you’re a leader people choose to follow, they get to be a better version of themselves, and that’s what everybody wants—a mission, powerful ideas, to make a difference, meaningful work.
4. Shared success matters.
A leader is a steward who champions both the individual and the organization. The leaders who find that balance are the leaders who win.
5. Self-awareness is mission critical.
Self-reflect and think about: How do people experience you? How do people experience themselves when they are with you?
Robyn Clark is founder of SuccessWise Consulting. Learn more at successwiseinc.com.