In 2004, Lego was losing roughly $1 million a day. The once-legendary Danish toy maker was on the brink of collapse. It hired a new CEO, Jorgen Vig Knudstorp, who quickly drew two conclusions: the company needed to cut costs dramatically and start delivering products that customers actually wanted.
Don’t just be a boss — be a leader. Maximize your leadership skills in the five most crucial areas: decision making, executive coaching, leadership training, strategic management and understanding your leadership style.
Situational leadership changes depending on the type of leadership (direction and support) each of your employee’s needs. Emotional leadership is based more on the theory of emotional intelligences and relates to the situation at hand.
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Whatever game they’re in, leaders become targets. For Bobby Orr, one of the greatest hockey players ever, that meant opponents worked harder to stop him as he gained success.
So you reach a subway platform only to find it’s mobbed. Do you wait, figuring that with so many people, the train must be imminent, or do you assume there might be a problem and go find other transportation? Unfortunately, we often see a decision to leave as an inability to exercise self-control and delay gratification.