You can have a PhD, numerous certificates and every certification and license in your industry and still lack wisdom. There are some aspects of running a business that can’t be taught in a school or understood by reading a book, which is the basis of effective leadership redefined. Before you buy another book on leadership or attend another seminar on efficient management, school yourself in what it means to possess practical wisdom in the modern day complex global world.
Develop a Noble Purpose
Why did you decide to start your own company in your current industry Were you following a trend, seizing an opportunity, or did you want to fill a need that you had noticed Whatever it was, that noble purpose needs to act as your guiding star for each and every aspect of your business. Your noble purpose provides the foundation upon which you build your business and fortify it with a business model, vision and a strategy. In terms of effective leadership redefined, your noble purpose acts as a kite while your overall business model acts as the string that keeps you anchored.
Understand the Value of Integrity and Morality
A wise leader knows to look past credentials and education to consider a person’s sense of integrity and morality, including his/her own. No matter how much you might need qualified employees to help take your company into the future, you want to make sure those well qualified individuals don’t come at a high cost if they don’t have the best of moral compasses. A company can be laid low by unsavory business practices and a careless disregard for ethics just as quickly as it can skyrocket to the top. Don’t be so quick to bring on employees who show high intelligence if that intelligence isn’t supplemented with the same type of wisdom you strive for.
Merge Age Old Wisdom With New Age Technology
Another aspect of effective leadership redefined is using current technology in a way that improves on your leadership abilities rather than eroding them. While technology has made it faster and easier to communicate, operate and manage your business, a wise leader uses technological advances with wisdom. For instance, it can be rather tempting to do away with the proper rules of grammar and slip into instances of textspeak when communicating through phone or on social media. While this undoubtedly makes communicating faster, it also erodes at professionalism and can eventually lead to regret.
No matter the method of communication, you should always treat matters of business with business decorum. Before you send a tweet, text message or email, always ask yourself if you’ll later regret your words or the way in which they were used.
Gain Wisdom by Studying Wisdom
Just as one of the best ways to avoid mistakes is to study and learn from the mistakes of others, one of the best ways to gain wisdom and understand the concept of effective leadership redefined is to learn from leaders who have proven themselves to be wise and resourceful. Specifically, you’ll want to take notes from leaders who aren’t afraid to take chances and not only make mistakes, but learn from those mistakes as well. Leaders whom you model your behavior after should know how to keep their egos in check no matter how successful their companies become, mainly because they likely realize they can lose their place on the mountain tomorrow. Study at the feet of these great and wise leaders to become the leader you know you’re capable of being.
Realize People Are Your Greatest Asset
Be sure not to neglect your employees, customers and other individuals who’ve helped to build your company as you’re learning about effective leadership redefined. Empower others as you empower yourself and start a positive cycle that continues to feed itself with little attention. Let your employees and customers know how much you appreciate them and how much they’ve helped you and your company. When you do that, you create bonds of loyalty and appreciation, bonds you’ll need during economic and commercial downturns.
A wise leader also takes steps to empower, invest in and develop the next generation. While these individuals might not inherit your company, you may inspire them to start companies of their own or spread your philosophy to the rest of the world. Always realize that with every move you make you never know whom you might be inspiring.
For more tips on wise moves to make to build your business and make all-star hires, be sure to check out the other tools and articles here on Mighty Recruiter.