Wednesday, March 19, 2008

Leadership 101

Over the past couple of months I have gone from leading a team of 12 associates to leading a team of 28 direct reports. During this time reviews on each one were due, a brand new monthly scorecard had to be rolled out, we have been managing two major projects, not to mention the regular day to day operations. The mark of a great leader is one that will delegate duties and responsibilities to his team.
Here are just a few benefits to this philosophy:

1. They feel more engaged in the overall operation
2. This will develop them for future positions
3. You will be suprised at the talent around you
4. Their morale improves greatly due to the trust you are putting in them
5. Your turnover reduces thus your training costs reduce
6. The team becomes more motivated and you will see leaders rise from places you never thought possible
7. New ideas will arise
8. Better procedures will be created
9. Your team will be stronger as a result
10. YOUR stress will reduce.

I have made it a point to invest in my team throughout the years. By using this procedure I have seen several of my employees get promoted and go onto better careers. They prove themselves on one task, then they become hungry for more and more, eventually they are ready for the next level. Realize the talent around you, utilize it, take chances on people, you may be suprised at what you learn. Bring out the best in your team and you will be amazed what happens around you. By helping others get what they want you WILL get what you want and you will get it with a lot less stress than you could ever imagine.

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