3 Reasons Why You Should Care if You're a Magnetic Leader or Not

I'm often asked if magnetic leadership really matters. My response is, "You betcha!" Here's an excerpt from my new book, The Magnetic Leader, which is now available for pre-order. Let me know in the comment section, what you think.

Off-the-Chart Employee Commitment and Staff Productivity

I was fortunate to have the opportunity to work for a magnetic leader. This leader had my full commitment, and the commitment of everyone else in the organization, in spite of the fact that we were paid significantly less than market rate. You may be thinking, “Why on earth would you give someone your all, knowing that you could make a heck of a lot more money elsewhere?” But knowing what I know today, I’d do the same thing all over again.

This leader made it clear that we were on a mission to change our industry. He listened to our ideas and treated us with respect. We worked long hours and never minded doing so. I had friends who were making tons of money working for big-name companies, but they were miserable. I looked at them every day and knew that my life was much richer than theirs, even if they had more money in the bank than I did. We were completely committed to this leader and the organization.

Reduction in Costly Employee Turnover

According to the State of the American Manager report by Gallup, approximately half of all workers have left a job to “get away from a manager.” My bet is that none of these people were leaving a magnetic leader. Those who have run away from a bad boss will stick like glue to any great leader they find after experiencing what it’s like to work for a boss who actually repels talent.

Increased Innovation

When you are working for someone who thinks bigger than most, you often find yourself thinking bigger as well. This person encourages you to take risks. He makes it okay to fail.

Inspiration is a key part of innovation as well. Imagine for a moment what it must be like to work for Elon Musk, cofounder of PayPal and founder of the electric car company Tesla and the space technology company SpaceX. He and his team keep coming up with ideas that are out of this world!

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Interested in becoming a magnetic leader? Just a few seats left for next week's Move Up, Manage Right online class. Register, then send me an email at [email protected] and we'll schedule a complimentary coaching call, after the session. Want to bring this program on-site? Reach out to me and we'll schedule a date.

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