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In a Recession, Leadership Is A Management Obligation
by Paul DiModica
"Leadership is not something you do to people. It
is something you do with people." --Blanchard and
Zigarmi
Yet often management is not
leadership. Succeeding in today's economy requires a
level of management commitment that goes beyond a
voluntary effort. In a recession, leadership is a
management obligation and should be a business goal. It
creates business loyalty, stimulates business growth,
and lowers operating costs.
Leadership is a premeditated
process and the essential ingredient that turns visions
into reality.
Merriam-Webster Dictionary's
defines a leader as "a person who has
commanding authority or influence."
The Difference
Between Leadership and Management
Leadership is the
skill of getting others to willingly do what you want
them to do. It involves discretionary performance.
Management is
deciding what to do and then getting it done through the
effective use of resources and others.
7 Traits of a
Successful Business Leader During a Recession
- Be A Good Listener. Interact with
employees and accept that you don't know everything.
- Be Committed. Display personal and
professional resolve that demonstrates to your team
that you are operating in parallel to them.
- Be Loyal. Display behavior allegiance to
support your team when difficulties arise.
- Have A Purpose. Internalize that your
business goals are valid, just, and attainable.
- Be Prepared. Education is the foundation
of leadership so you need to be open for additional
education.
- Take Advice. Accept that your leadership
success is tied to your communication process. It's
not what someone else says; it's how you hear it.
- Take Action. Take viable tactical,
business steps to hit targeted goals.
Business leadership is a
learned process that uses the attributes listed above to
drive company and staff performance.
Having only some of these
attributes minimizes your leadership success and your
ability to maximize your company's number one asset --
your staff.
"Conductors of great
symphony orchestras do not play every musical
instrument; yet through leadership the ultimate
production is an expressive and unified combination of
tones."
--Thomas Bailey
So, in today's recession,
are you a leader or a manager?
Rick Erling
President The CxO Group, LLC and
Publisher of The CxO News
www.thecxogroup.com
info@thecxogroup.com
(972) 727-6880
P.S. If you are
serious about increasing your success in 2009, call us
right now and ask about our CEO Business Success
Scorecard assessment.

Recommendations provided are to be used at your
discretion and are provided solely as an independent
opinion.
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