Your company needs to transform its leadership style to be current and completive. Holding on to traditional habits lack the necessary courage. Today authority is not the main source of success. Don’t be afraid of giving your employees more freedom and encourage collective intuition and intellect.
Be a transformational, responsible leader. Check out these 4 pain points that often hold companies back, advises the management-issues.com website.
1. Decisions are dictated by politics
When decisions are only made to increase the shareholder profits, talent and money will start draining away. This may happen when your CEO places his own career ahead of the success of the company as a whole. His or her pay is often closely linked to shareholder returns.
2. Authoritative managers
Managers telling their employees what to do are not good at developing talented people. You need to just give your people some basic direction and specific goals then give them the space to achieve it. Give them a purpose rather than a mere list of instructions.
3. Creativity is controlled
When there is a managerial mentality only focused on cost cuts and risk aversion you cannot expect to see creative and energetic employees collaborating using customer feedback. Consequently there won’t be much innovation and flexibility in the way your company does business. Don’t try to control creativity – that is not how you improve your operations and processes.
4. Questions must change
Don’t be afraid to question your assumptions for there is nothing worse than working hard to get nowhere. Too often are we caught in a trap of our past beliefs and way too narrow assumptions about how things work.
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