2 Kinds of Leaders
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Reward centered
- They see the moving to leadership as a reward of what they’ve achieved so far and is a prize.
- Focus on the “glory”, “prestige”, “rewards” for achieving pinnacle of success
- They usually pick and choose what they want to do as leader and do what is usually something they feel they are good at or have fun.
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Responsibility centered
- Look at this as a responsibility rather than reward.
- Don’t shy away from doing what is required for someone at this job
- The experience of being ‘responsibility centered‘ leader should be tough and challenging
- Look at this from the perspective of the people they lead, rather than themselves.
- There’s no pure “Reward” / “Responsibility” focused Leader. People are usually in a spectrum. You need to ensure you are more aligned toward Responsibility centered.
- Responsibility centered Leaders need to be aware of the Trap – when they are being responsibility centered leader, people tend to praise them and agree with them quite a lot and this can lead people to move down the path of Reward centered leadership.
- Have a strong inner circle who can challenge and keep them honest
5 Core responsibilities
These are responsibilities that “Reward centered” Leaders usually ignore or don’t do well
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Having difficult & uncomfortable conversations
- Addressing Bad behavior immediately and not tolerating regardless of how good the direct report is at their job
- Don’t avoid these hard conversations
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Managing subordinates
- Individual coaching and guidance is necessary at all levels. This has got nothing to do with the person’s experience.
- If you feel you should be able to trust people to manage themselves, or justify not knowing what your direct reports are doing by justifying not being a micromanager, then your motive for leading is wrong.
- Micromanagement — the only people who call management, micromanagement are the ones trying to avoid accountability.
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As a leader, you need to
- Know what they are working on
- Know their progress
- Give them the right feedback and coaching
- Lots of experience doesn’t mean people don’t have to be managed. It’s not sign of punishment or lack of trust. It’s giving them the benefit of direction and coaching.
- Best of sportsmen pay people to coach them.
- Stopping managing is a sign of neglect.
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Running great team meetings
- Running boring meetings / avoiding them
- Outcome based meetings
- If you allow in-effective meetings to happens, this will percolate to entire org
- Bad Meetings == Bad decisions
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Developing Leadership team
- If you feel this is something touchy-feely and waste of time, then your motive for being a leader isn’t right.
- Hiring != delegating to HR
- It’s not just a annual meeting or gala for team building
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Communicating constantly & repeatedly
- Research says it takes 7 times for people to hear the same message before believe execs are serious about it.
- CEOs need to be Chief Reminding Officers
- You always need to over communicate.
Quotes & References
- It’s about doing the job, not having the job.
- CEO is not Chief Executive Officer , it is Chief Executing officer.
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When deciding on picking up a certain role ask yourself
- Why do you want to do the thing that __ does? (CEO/VP/Director etc)
- Why do you still want to be _____ ? (CEO/VP/Director etc)
