Effective Leadership and Management Practices
Summary:
In this video, Kerry underscores the significance of great bosses doing the right thing, echoing Teddy Roosevelt’s wisdom on executive leadership. The equation presented is leadership plus management equals accountability. Kerry distinguishes leadership as working on the business, providing clear direction, giving necessary tools, acting with the greater good in mind, and taking clarity breaks. Management involves working in the business, keeping expectations clear, effective communication, maintaining the right meeting pulse, having quarterly conversations, and recognising achievements.
Great bosses create context, make time for their teams, provide autonomy, prioritise the organisation, and focus on the future proactively. In management, consistency, clear expectations, receptiveness to clarifying questions, effective meetings, problem-solving, performance reviews, and expressing gratitude are highlighted.
Transcript:
Great bosses do the right thing. As Teddy Roosevelt said all those years ago, the best executive is the one who has sense enough to pick good people to do what he wants done and self-restraint enough to keep from meddling with them while they do it. It is leadership, plus management that equals accountability.
If you want to get your people to do what they need to do, in order to achieve the business goals, there needs to be a distinct difference between leadership and management as a boss. Leadership is actually working on the business; management involves working in the business.
There are five leadership practices of great bosses and these are: Giving clear direction, providing the necessary tools, letting go of having to do everything, acting with the greater good in mind, and taking clarity breaks.
For management as a good boss, it is different. The practices they exhibit would be: Keeping expectations clear, communicating well, having the right style of meeting, having quarterly conversations and recognising where things need to change.
A great boss creates context, in other words, explains why something’s important. They make time for their team. They give their team autonomy, put organisation into chaos and take the time to focus on growth. They work on the business and look to the future being proactive, not reactive.
In terms of management, it’s about being consistent. They explain exactly what’s expected and don’t get irritated when you ask clarifying questions. They’ll pick up the phone or they’ll stop by your office because they do a lot of walking around. They’ll have effective meetings that have clear objectives, a focus on solving issues and a review of what’s working and what isn’t when they are scheduled.
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