This piece was written for The Executive Roundtable - a publication called “Recap” for their monthly “Mentor Minute” column.
Balancing Leadership
A former CEO used to say – correctly - leadership is the most powerful force on the planet. Unfortunately his flawed style lost us $300 million in 18 months. Effective leadership can multiply results more than three or four times, but bad leaders destroy value and disengage the best people even more quickly. Two years will often do it either way.
Most organizations lack enough people with really good skills, yet the formula is not difficult. If you master it, the sky’s the limit. There’s a clear recipe that works well if you apply it consistently and avoid what some McKinsey-ites recently called ‘dismal’ counter-practices. I liked that - dismal - good description for a lot of what we see.
The recipe? Dozens of books, articles and long experience boil down to just five skills:
The mark of a truly great executive or leader is the ability to balance and make steady progress among competing demands by testing better and better solutions with at least the objective that everyone wins. Recognize change takes time and consistent effort. But the rewards are huge and build momentum both in individual careers and organization success.
Dave Crisp focuses on speaking to groups about the keys to leadership learned from mountains of trial and error in 14 years heading HR at Hudson’s Bay Company among other challenging roles. Find Dave at http://www.balance-and-results.com dcrisp@CrispStrategies.com Tel: 647-227-2646