Most companies could run more efficiently, but something is holding them back. When going about your daily activities, ask yourself, “Does this task provide value to the company? If so, what is that value?” If you can’t identify the value, maybe you should focus your efforts on something else.
With so many people trying to think outside of the box, it’s become a cliché that doesn’t carry the same meaning. Sometimes the answer you’re looking for is right in front of you but you look past it. Take some time to slow down and open your eyes and you may discover some hidden gems inside the box.
When it comes to leading and managing a company, or even a team, it’s easy to get caught up in what you want and how decisions will impact you personally. However, as a leader, it’s not all about you. Rather, it’s about the mission of your organization and how you serve your clients and community. All decisions and meetings should be focused on how you contribute to your organizational goals and satisfy your clients. If you’re like me, you founded your company in order to make a visible difference. Focus your business decisions not on personal gain, but on sticking to your mission.
Creating a business without a vision is like going on a long road trip without a GPS. You can try, but you won’t get very far in the right direction. As an entrepreneur, it’s essential that before you start your business you know the overall goal you’re going to accomplish and how you’re going to get there. Your business won’t make millions overnight, but if you set up the proper infrastructure and put in the sufficient planning, you can guide your organization in the right direction and set your organization up for future success.
No matter what stage you’re at in your career, you can always benefit from mentorship. Whether you’re a recent college graduate or an experienced CEO, you can always learn more from someone who has been where you are. The value of mentorship is often undervalued. However, there’s power in having a mentor who is able to present a differing point of view and can relay leadership strategies in a hands-on setting.
Many organizations believe that changing their organizational structure to better align with their mission will increase performance. However, focusing on the decision-making process has more impact on performance than organizational structure. So take a hard look at who in your organization makes what decisions and try to optimize the process.
Sometimes leaders try to take everything on themselves. But that’s not leading, that’s failing to delegate. You can’t do it all on your own. Let your staff do what they do best, and find business partners and employees who can balance out your weaknesses. There’s a time tested African proverb that says, “If you want to go quickly, go alone. If you want to go far, go together.”
This is a time honored chestnut, but remains as true as ever. How many businesses fail to understand what their customers’ lives are really like? What are their pain points? What keeps them awake at night? Answer these questions and you’ll discover what customers are really looking for in your product or service.
When it comes to innovation, people often think of new inventions and modern technology. However, some of the most innovative ideas include processes and improved methods. It’s important to encourage your team to discover alternative ways to complete projects that may be more efficient and less time consuming, saving your clients time and money. Don’t let team members get stuck in a rut of performing projects a specific way because that’s how it has always been done. Help your team stretch their minds and explore alternative ideas.
Credibility can be defined as the power of inspiring belief. It is at the core of all relationships, and once you lose it, it can be the hardest thing to get back. Living up to clients’ expectations can be challenging at times, but if you maintain your credibility as true, real and honest, you are demonstrating the qualities of a strong leader.