After a series of sessions with a leadership group from one of the world’s largest multi-national corporations, I followed up with a list of their key learning outcomes. I wanted to share these with all of our clients as they reflect some of the broader brush strokes of our approach.
The Leadership Gap
In a recent study of senior leaders around the globe, 91% of those surveyed saw strong leadership capability as critical to their firm’s continued growth, yet only 8% considered their own leadership teams to be “excellent.”
This difference between the need for strong leadership and the current lack of it has been referred to as the ‘leadership gap.’ By some estimates, this gap can influence bottom-line profit margins in an organization by as much as 47%! How does leadership, or a lack of leadership, cost your organization?
Leaders Who Admit Mistakes Can Quickly Advance Their Careers
The decision to ‘approach what is difficult’ (what I call a micro decision of leadership) has immense impact on the important people around us. We are so worried about how we appear – something called ‘impression management’ – that we completely miss the power of admitting a mistake to everyone around us. Do you think being vulnerable makes others more open to admitting their own mistakes and their contribution or less open? I think it is obvious…
