Can you imagine working for a company where employees frequently had to make exceptions to get things done? Or where deadlines were constantly being missed?
It takes great skill to run a business effectively. Too much or too little control can result in failure. However, finding the right balance is achievable if you know what to look for.
Does your organization have a great strategy on paper but have trouble making it work in the real world? If so, you’re not alone. In fact, Fortune Magazine has reported that 75% of all strategies fail, largely because of the inability to execute. The fact is that many projects never have a chance. Even the best strategy is worthless unless it’s converted into implementable projects in the hands of capable and committed teams. Most organizations lack a systematic yet flexible way of turning strategic intent into actionable projects, relying instead on ad hoc means or using project management software prematurely.
We’ve had a couple of conversations and I have learned how you approach people. So when you speak of toughness I know you are not talking about being mean spirited, rude or disrespectful. How does toughness fall into your 10 leadership observations?
Two of the most critical financial transactions any business owner negotiates occur on opposite sides of the table. The day they buy their business and the day they sell it. Although the objectives are different the analytical building blocks to successfully buying or selling a business are the same.
Joining us from Wichita, Kansas today is Victor Ojeleye. In your tenth observation about leadership you mention the leaders need to champion your team. What happens when they don’t have a champion?
