CEOs at big corporations often let their marketing managers make local sponsorship deals. A company might wind up supporting Little League teams, arts festivals and other community events. David D’Alessandro rejects that approach. When he was CEO of John Hancock Financial Services from 2000 to 2004, he adopted a “go big or go home” philosophy.
A leader in an organization can’t do everyone’s job. Instead of micromanaging, strong leaders use organizational leadership to coordinate, communicate, motivate and delegate among employees and team members. For comprehensive organizational effectiveness, each individual needs to be seen as a contributor, with the leader at the helm.
Most importantly, best-practices leadership involves keeping employees motivated throughout the process, adapting your scope or strategy as necessary, and developing an effective communication strategy.
Some people never make it to the other side because they’re more successful at being doers. This is a crucial point in determining if you’re going to move up the ranks.
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Remember the old saw that 90% of success is just showing up? Well, it’s proven once again by a Chicago Bulls basketball player who denied himself cable and Internet so he could focus on training in the off-season.
Great decision-makers aren’t just bold and smart. They also tend to analyze large amounts of data in order to draw conclusions that others might miss. Take Nate Silver, 37, a statistician with an impressive track record for making correct predictions in sports and politics.
When you rise to the top of your organization, you may think you’re infallible. But just because you run the show doesn’t mean you know it all. The 43 American presidents can attest to that.