(Lack of Leadership)
This is the most pervasive issue plaguing small businesses and large corporations alike. Companies often promote their top performers into management positions. Unfortunately, their technical ability or business acumen don’t equip them with the skills required to actually lead people.
Lack of Leadership diminishes efficiency, kills team engagement and ultimately erodes profits.
Our teams are struggling to collaborate with their peers. They're stressed out by lack of direction and support from their boss. They're struggling to “do more with less” due to company mandates to cut costs and increase profits. As Gallup studies indicate, this can lead to as much as two thirds of our workforce being disengaged. They’re physically at work, but their minds and their hearts are somewhere else. With two thirds of our workforce disengaged, it’s not about how well we are doing now, but how much we are potentially leaving on the table.
Whether we’re self-employed or work for someone else, today’s business climate demands we, "Do more with less." As leaders, our challenge to engage our teams and optimize our output is exacerbated by lower budgets and fewer resources. As individual contributors, this complicates our interaction with our peers. They don’t have time to collaborate or assist others in addition to their OWN workload. This situation adds conflict and stress to our work day and puts undue strain on our personal interaction OUTSIDE of work as well.
You can't afford to wait for someone else to show up and save the day. It's up to you to the be the change you want to see in the world. If not you, then who? If not now then when?
Fortunately, Leadership skills can be learned. Anyone can step up and Lead. You don't need fancy titles or anyone's permission. In fact, at the highest levels of Leadership it's our DUTY to create more leaders.
By cultivating and evolving the leaders of tomorrow we can do better. Our teams aren’t commodities or investments. In order to lead human beings we start by being human ourselves. By truly connecting with our teams, enlightened leaders can make a real difference in the careers and the lives of their teams.
When they have a leader they trust, shares a common vision and is truly looking out for their well-being our teams release their discretionary effort. They become more loyal. They perform at a higher level because they want to, not because they have to.
Engaged teams innovate more; they produce better quality products and are more collaborative. They begin to care about the company, its customers, and the outcomes they produce.
This leads to increased efficiency, enhanced output, and ultimately, higher profits. This is more than rhetoric, studies CONFIRM that effective leadership leads to team engagement and team engagement is directly linked to higher profits.