One of the best business blueprints I can think of unfortunately happens to be one that’s commonly overlooked.
There’s no doubt that manning the steering wheel and driving your business towards success isn’t always an easy task.
You’re bound to come across some roadblocks along the way, but what matters is how you handle the situation and get things rolling in the right direction again.
In the same way that adding more gas to the fuel tank won’t fix a flat fire, focusing on sales won’t do much good if your customer service department is in dire need of attention.
A key trait for any successful business is leadership. Here’s why and how it can boost the efficiency of your trade…
It’s plain and simple. For a business to move forward, it NEEDS leaders.
In other words, someone has to be in the driver’s seat at all times in order to operate all the bells and whistles and keep things functioning properly.
Sure, as a business owner, it’s necessary to outsource some of these responsibilities, but at the end of the day you’re still the one steering the wheel.
As the driver, you’re employees will naturally look up to you because of the fact that you have the keys to the ignition.
For this reason, it’s important to run your practice in a way that reflects your long term intentions for the business. This requires you to incorporate leadership qualities throughout ALL aspects of your business.
At times, I’m sure your ego will fool you into believing it, but you’re not a one-man-army that can execute all of these business tasks by yourself. You need an extra set of hands, which come in the form of employees.
As the employer, not only is it important to set the standard for leadership, but it’s just as crucial to encourage and train your employees to lead as well.
If your workers see the passion and dedication that you put forth, they’re likely to mimic the act and feed off your energy.
Yes, the personal leadership and example that you put forth is priceless; however, allowing these same employees to follow in your footsteps is equally as valuable.
Just so were clear, I’m not asking you to let your workers dictate the office and take your position (they’re just fine riding shotgun), but a direct result of hindering growth and leadership development is employees leaving the workplace early.
Statistics show that more than 70% of workers who feel their leadership skills are not being developed will want to leave the job within 2-years!
With that said, we both know that this is not ideal circumstances for a thriving business. It’s just not practical to have a constant cycle of employees coming and going all year round.
This out with the old and in with the new process is not very efficient. It involves training and getting new recruits up to speed, which can sometimes take MONTHS to complete!
Think of your employees as the fuel you pump into your business… untrained workers are similar to low-grade gasoline, while the more experienced ones are closer to high-grade fuel that’s able to return better results.
If you’re not already catching my drift, leadership can have a significant impact on your business as a whole.
It may seem like an oversimplified approach, but a strong emphasis on leadership is an essential trait for when it comes to managing your practice.
But don’t just take my word for it!
From a corporate perspective, more money is spent on leadership development than any other area of learning. It just shows that even the biggest companies recognize the influence that these leadership skills have in terms of their business.
In short, leadership is the ability of a company’s management to set and achieve challenging goals and inspire others to perform well. It’s a quality that is necessary for every prosperous business to possess.
When it comes to driving your business, it’s not always about crunching the numbers.
Sometimes, that extra boost you’re searching for is hidden within the person behind the wheel and the passengers riding shotgun.