Every entrepreneur is an idea person. And to grow ideas, environment is key. Creating a vibrant environment requires good leadership. Every business owner is therefore an idea person and a leader.
A business leader wanting to grow an idea successfully must be able to:
Select A Team
The success of a business leader and by extension a business organization is dependent on the quality of people selected to manage it. From recruitment stage, care must be taken in selecting those that are passionate and teachable.
Business environment is fluid. Thus, teachability is crucial in team selection.
Stimulate Interest
Every business owner must be able to stimulate workers’ interest. To stimulate interest, business owners should: – Make achieving goals realistic and fun. – Provide necessary resources to achieving set goals. – Try to make workers personalize their functions and own their work processes and space. – Continuously improve the business environment and interaction level.
Sense The Mood
A good business leader must learn to sense the mood of workers. – Welfare has to be given consideration. – Feedback has to be encouraged. – Leaders must be sympathetic and deliberate in finding ways to alleviate work related stress
See The Future
A business leader must see the future, craft a vision, state the mission and communicate same to the entire team. Workers will only commit more to a business if the future is clear. Where the future is not clearly stated and communicated, staff turnover will be high.
Everyone deserves a future, and working for a business must accentuate the future.
Strategic Positioning
A business leader must be strategic. One of the things every business owner must do in strategically positioning businesses is to seek LEVERAGE. Seek financial leverage, marketing leverage, manpower leverage, management leverage, information leverage etc. Always think about and seek leverage as an SME
Any business owner that can fulfill the 5S of leadership highlighted above will be successful and build a legacy organization with enduring brand.