THE TOP 10 LEADERSHIP CHALLENGES
Robert FORD
Business Growth Specialist | Business Community Leader| Business Connector
I came across an article discussing THE TOP 10 LEADERSHIP CHALLENGES. Here are a few snippets that you might find interesting.
Our team of CEO coaches at CEO Coaching International recently weighed in on the top 25 mistakes CEOs make and how to fix them. In this blog post, I narrow down the top 10 reasons that educated and talented leaders fail. In my work with the world’s top CEOs, I encounter a variety of leadership challenges. From effective communication to executive alignment, here are the top ten challenges business leaders face today below:
1.Effective Communication
Effective communication is so hard because it takes commitment. You have to make effective communication a priority and that takes discipline, consistency, clarity of message, and a willingness to keep at it day after day.
2. Accountability
To address a lack of accountability, it’s important to invest in the right resources to hold yourself responsible. At CEO Coaching International, our?executive coaches ?can teach you skills and best practices that make an effective leader, including how to hold yourself accountable. As a leader, the way you conduct yourself directly impacts your bottom line. If you’re an ineffective leader, you can decrease your workforce’s productivity, increase employee turnover, and reduce profits.
3. Terminations
When it comes to this leadership problem, it’s essential to address this issue with respect and grace. While firing someone is never an ideal situation, remain composed and handle the situation in a respectful manner. This means being clear and straightforward with your reasons for termination to ensure there’s no confusion. Being professional in moments like these goes a long way and shows your true character.
4. Executive Alignment
Being a leader means guiding a team of people from a wide range of backgrounds, opinions, and experiences—and taking all that into account can make moving forward a challenge. To address the leadership issue of a lack of alignment, you need to find common ground. You can accomplish this through communication, accepting feedback, and being transparent.
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5. Clear Vision
Your vision can’t just be a fluff statement that sounds like a bunch of corporate speak. Real leaders create a compelling vision for the future that ignites a fire under their team and keeps them working hard and doing the right thing even when nobody’s looking. Millennials, in particular, want to believe that the work they do goes beyond just a paycheck and contributes to the greater good. Does your vision inspire this greatness?
6. Successful Execution
There are three reasons leaders fail to execute. First, they don’t follow their own plan with discipline. Second, they fail to keep score on what matters. Third, they don’t have the right people in the right jobs to make it happen. If you can assemble these three puzzle pieces, you can put your company on track to win.
7. Company Culture
First and foremost, you need to make a safe and positive work environment. If employees don’t feel safe at work, whether it’s due to a hostile environment or toxic employees, they won’t be able to focus on the tasks at hand. If you notice key indicators of an unsafe working environment, such as constant drama, tension, or unproductivity, it’s time to make some changes. This means addressing issues head-on, such as terminating employees that might be contributing to a hostile working environment.
Want to know more? Head on over to the full article here for more ideas and perspective. Afterwards, why not drop me an email to share your thoughts at [email protected]; or call me on 0467 749 378.
Thanks,
Robert