In their book, Hidden Value: How Great Companies Achieve Extraordinary Results with Ordinary People, authors Jeffrey Pfeffer and Charles O’Reilly claim that there is mounting evidence that delegating more responsibility for decision making increases productivity, morale, and commitment, all of which impact company culture. A 2015 Gallup study of the entrepreneurial talents of 143 CEOs on the Inc. 500 list showed that companies run by executives who effectively delegate authority grow faster, generate more revenue, and create more jobs.
To be an effective leader, you also have to be an effective delegator—but that can be easier said than done.
Stephanie Vozza writing here for FastCompany.com deals with an issue we all face as leaders, as she explores Dana Brownlee’s approach to delegation. We all know that we should delegate, but something in us always finds to hard to let go. Here’s a why to ensure it’s done well and we can delegate with more confidence.
John Eades is an author, podcaster, and the CEO of LearnLoft. In this article written for Inc.com he tackles the inevitability of failure in leadership, and how we can learn form our mistakes. It’s authentic approach to the real world of leadership and failure ticked a lot of boxes for us, here at Thought Patrol. For business leaders, failure is going to happen. As nice as it would be to have a smooth, easy path to success as a business leader, failure is an inevitable part of the process. Walt Disney’s first animation studio ended in bankruptcy. Sara Blakely couldn’t get a manufacturer to take her Spanx clothing line seriously for years.
Practicing these five tenets of leadership will help you seem like a natural born leader according to an article in Inc.com by Keynote speaker and author of ‘Find the Fire’ and ‘Make It Matter’; Scott Mautz. The study by Gallup holds an interest for us at Thought Patrol as we regularly use Gallups’ Clifton Strength Finder so we were intrigued by the findings. You may or may not already code yourself as a natural born leader. It’s one of the highest compliments you can pay a manager, for a reason. Gallup says only one out of every ten leaders can be considered a natural born leader.
Creating an environment that is engaging drives a productive culture. That’s what we believe here at Thought Patrol. Here’s an article by the ABC News Team about a recent study by ‘Reventure’ showing that loneliness is having an impact at work. The study has three key findings; A staggering 37 per cent of workers feel lonely at work. The Gig economy, and tech advances are being blamed for people feeling disconnected and that workers will leave jobs as a result.
Geoffrey James is a contributing editor to Inc.com; in this article he says that “most people realize that the mind and body are connected into a feedback loop.” What Geoffrey has done here is link that fact to an underestimate state of mind. We’re thankful at Thought Patrol for so many things; turns out that’s healthy!
Marcel Schwantes is the Founder and Chief Human Officer, of Leadership From the Core. Here he is writing for Inc.com. At Thought Patrol we often curate his articles because he is very aligned to our thinking. He doesn’t disappoint here, as he articulates an overview of the tough questions of what really makes a great leader. He asks the pertinent question; “Ever worked for a leader who left such a positive impression on your life, you still tell others about it?” We should all strive to be leaders like that!
The CEO and founder of Brightfox, Deena Fox argues that companies should focus on satisfaction, rather than happiness. Writing here for fastcompany.com she says that; “Companies often promise their employees happiness to attract and retain the brightest talent—but in reality, if you want happy employees, you need to hire happy people.” Here at Thought Patrol we agree wholeheartedly, whilst environmental factors are important, ultimately aptitude and especially attitude, will prevail.
Peter Gasca is an entrepreneur, consultant, and author, writing here for Inc. When he first started contributing to Inc.com, one of his first and favourite posts — and most popular — was when he reflected on the great mentors and leaders with whom he had had the privilege to work over the years to identify the six things exceptional leaders do better than all others. Here is his sequel!