Category

Leadership

Mind your FKN Language (In Business)

By Business Coaching Creative Leadership Public Speaking No Comments

Running a business brings about all sorts of challenges and it goes without saying that communication is one of them. Finding the right language to use to get your point across and convey the impact of certain situations that arise within your company isn’t always the easiest thing to do.

Whether a meeting needs to be had about important changes happening in your business, or a long-time client is on the line and you need to act quickly to prevent losing them; conveying that information in a way that creates a common and coherent understanding amongst employees can be a bit of a pain in the ass, to be brutally honest.

Naturally, your favourite bearded business coach has a special trick up his sleeve to go about doing this in a straightforward and uncomplicated way:

Similar to the DEFCON (Defense Readiness Condition) system that the US Armed Forces makes use of, this approach is about creating a method of communication around urgent and important situations that pop up in your business – which can be helpful in developing an efficient and clear form of understanding between both staff and management.

This is a DEFCON 1 situation, so you’d better pay close attention.

Listen Closely. Your Job Could Depend On It! 

If I ask you to think about the situations that surface in your business and how you go about informing others of those situations, then the use of effective communication is a massive priority in getting your message across and understood.

If something serious is happening and the life of the business depends on certain actions to be taken; if you’re implementing a new strategy and everybody needs to be made aware of it; or if there’s a new rule, regulation or law that needs to be adopted by employees – starting a system of language that your staff understand and are aware of will help you gather them much quicker than an email that they might not read, or a lengthy statement that might spread confusion.

When I coach clients, I remind them that using the right communication tools are important in creating awareness around the defense conditions within their business.

The use of strategic language is a crucial tool to develop a sense of understanding around these conditions and it allows for a level of brevity when trying to get an important message across to staff.

Knowing whether it’s an existential problem that the company is facing (like the threat of a shut down), or if it’s something that can be dealt with at a later stage (like the implementation of new policies), it ultimately helps create a clear picture that everybody in the organisation can understand.

Reworking The DEFCON System Into Business 

The DEFCON system is basically a prescribed set of terms that highlight the urgency of dire situations being faced during war through the use of strategic language. It helps to ensure a sense of readiness so that the correct actions are taken and so by using it, everybody involved in the defence of a country will be informed of the severity of those situations, ensuring that certain measures are in place to deal with them.

When breaking it down, the ranking starts at DEFCON 5 (least severe/minor) and works its way to DEFCON 1 (most severe/serious) – and It functions extremely well when communicating serious and minor issues that need attention.

That’s why it’s such a great tool to adapt and implement into your business.

By creating a similar ranking system in the workplace, you’re able to quickly communicate a situation and ensure that the most appropriate responses are given by both management and staff. This speeds up action and creates a common awareness amongst everyone.

Instead of using long-winded and tedious statements like, “everybody, we have an urgent meeting at 5 o’clock and you all need to be there,” you’ll make use of a much quicker term or phrase, such as, “I’m calling a DEFCON 1 for 5 o’clock”, or “it’s a Defcon 5, when can everyone make it?”.

Obviously, you need to make sure that everyone in your business is aware of this terminology and that it’s taught in a way to be used in the right context.

If you abuse the language, then people will attach less importance to the severity of the situation that each term entails and it might be rendered useless. Do you remember the story of ‘the boy who cried wolf’? Well, the moral of the story is that you shouldn’t give an alert for danger when there is no danger, otherwise nobody will care about what you have to say when danger actually presents itself.

Make your DEFCON 1 known to be a serious matter and that employees should act accordingly. Perhaps you indicate that it refers to the risk of losing an important client – everybody needs to take that indication seriously, shift gears and take necessary action.

You also don’t have to use that particular ranking system in your business – I have clients that use a Bronze, Silver and Gold system or an animal-based system (zebra, rhino, snake) to differentiate the levels of severity.

Whatever imagery you choose, remember that it needs to be understood in a logical and applicable way.

Other than the fact that it creates ease-of-communication between management and staff, it can help bolster a stronger organisational culture; employees are essentially connected through a common language, allowing them to have a shared form of understanding. It creates a deeper bond within teams and forms a common-ground for everybody involved.

With this system, you will come to find more appropriate responses given when problems come to surface and that everybody is on the same wavelength when having to face difficult circumstances.

Come up with a set of terms. Train your organisation to react according to those terms. And get shit done properly through effective communication.

I’m calling a DEFCON 2, so you need to pay some serious attention right now.

Sources tell me that your business needs some TLC and that your time is far too scattered for you to make improvements in your strategies, communication and the overall operations of your business.

So in doing you a solid, I’ve called in some backup:

An experienced and well-balanced business coach, armed with powerful weapons, enough ammunition and the most superb strategies to take on any challenge that your business presents.

That business coach is me. So act fast, make the call (an email or Whatsapp will also do) and don’t be shy to reap the rewards.

+2783 253 3339

brent@spillly.com

 

Watch Your Assumptions! Why Assuming Can Harm Your Business

By Business Coaching Coaching Leadership No Comments

Playing guessing games can be a dangerous way to go about running your business. It allows for bias to creep in and can affect how you handle certain situations, often bringing about more harm than good.

When you make assumptions, you don’t always take the necessary time to get the full picture, nor the data and insight required to make the right decisions. This can result in taking the wrong actions and end up damaging either a promising business deal, your business strategy or even relationships.

In summing it up quite succinctly, Hannibal from the The A Team, reminds us that “Assumption is the mother of all fuck-ups”.

Why Do We Assume Anything, Anyway?

I’m guilty of it, you’re guilty of it and everybody has, in some shape or form, made assumptions. It’s an innate function built within all of us to either protect ourselves or to find shortcuts around our predictions and estimations (in other words, to be safe or to be lazy).

Sociology reminds us that we all have a frame of reference that navigates our decision-making, communication and behaviours; we all have biases that affect our perspective, which opens the way to prejudice and subjectivity. This ultimately shapes our assumptions.

The problem lies in the fact that those assumptions are further linked to our emotions and thus affect the way that we perceive and engage with others – even in making the right predictions around business strategy and the business, as a whole.

Sometimes cognitive bias won’t allow us to see the truth, because protecting our sanity is a priority for the subconscious mind; when something could fail, backfire or cause any mental distress, we often choose to turn away from the truth in order to maintain a semblance of control over difficult circumstances.

What Are Some Of The Common Assumptions In Business?

One of the most important things to remember in business is that objectivity is crucial and that being subjective can be dangerous when engaging with others and dealing with the day-to-day operations of your company.

As a business owner, there are loads of situations and scenarios that you have to encounter and deal with on a daily basis and so the risk of making the wrong assumptions becomes far greater.

When coaching my clients, I sometimes find that a lack of research and data is the culprit behind making inaccurate predictions around business strategy.

Some of these presumptions include the viability of a product or service and believing that there’s a market out there for it; the longevity or shelf-life of a solution, thinking that it can never go out of fashion or become outdated; customer behaviours and ignoring the extent of their interest or disinterest; and competitive forces being perceived as harmless and non-threatening.

Doing thorough research becomes a vital process in order to understand your market, how long your solution will remain relevant, whether or not customers enjoy your product and how intense the competition is. The amount of external factors that will end up shaping your business are far too many to be relying on assumptions, alone.

Some of the most common assumptions found in businesses tend to include ideas around finances, resources, economy and politics, and competition.

Every business owner needs to understand that it takes time to become profitable and that it can take years to produce returns from your product or service; that it isn’t easy to retain skilled employees and talent, as the culture that you provide, as well as the incentives matter; that the political and economic landscape you’re in constantly changes and affects your entire strategy; and that competitors are capable of altering market conditions and redefining entire industries.

By giving awareness and seeking knowledge around the assumptions found in business, it will shape your decision-making and help you work towards better solutions, while giving you enough clarity around the risks that come with making the wrong predictions.

This way of thinking doesn’t only cover the broader components that I’ve mentioned, but also some of the more intimate and personal beliefs that business owners hold.

Assumptions can lead to bad interactions with clients, staff and those that could potentially benefit your business further down the line. Preconceived notions can end up damaging your reputation – burning bridges and losing out on precious opportunities to grow.

On a personal level, especially as a leader and entrepreneur, you need to be a great listener and pay attention to everybody that you interact with. Allowing bias to dictate your assumptions of people can create uncomfortable working environments or awkward interactions that could quickly spread through word-of-mouth. Your reputation is on the line.

Employees, clients and even outsiders could see you as bigoted, which could shape the way that people see your brand. You end up becoming a role-model and ambassador for your business, constantly shaping the beliefs and ideas of your customers and staff.

How Can We Improve Our Assumptions?

Without the correct data, you run a high risk of jumping to the wrong conclusions and making poor decisions for your business.

I understand that certain assumptions will always be made, especially when faced with accurate facts and figures. There can be sufficient data to motivate your assumptions and push you towards action, but you need to constantly be testing those thoughts, as opposed to relying on them.

Remember that no strategy is bulletproof and constantly needs to be re-evaluated to ensure that it’s still effective. The same applies with assumptions, as they can be affected by external factors at any given time.

In terms of personal biases and prejudice, we need to learn to listen more effectively and avoid jumping to conclusions when facing and engaging with people.

Regulating your emotions and thoughts will come in handy when dealing with people; learning to clear your thoughts and mind when interacting with staff, clients and others, asking questions to ensure that you understand what’s being said, and making sure that you find something positive in every situation will go a long way.

In business, you need to differentiate between belief in your product or service and what the data presents to you; customers decide whether or not your solution is necessary, and you need to be aware of how they feel, competitors exist in every space and you need to know how to compete effectively, understanding that the economy and political environment determine laws and regulations, which in turn affect your business, is just as important.

Don’t assume and always follow the facts.

I’m going to go off of a hunch here and assume that, since you’ve made it this far, there’s some value that you’ve taken from this.

And if you’re somebody that seeks value, appreciates and enjoys the insight gained from material like the piece that you’ve read – then I’ve got just the thing for you:

One-on-one coaching with a professional, upbeat and experienced business coach that isn’t afraid of sharing his knowledge, network and novel approach to business growth.

Contact me today and let’s transform your business:

+2783 253 3339

brent@spillly.com

Why Having A Board Is Important For Your Small Business

By Business Management Leadership Strategy No Comments

Having an advisory board isn’t only for big businesses. And although it might seem like a waste of time, money and energy to have one – any entrepreneur and their business can benefit from the many advantages that come with them.

Ultimately, the purpose behind having a board is to gather experienced and compatible individuals that offer you valuable advice, guidance and insight with the intention to develop and enhance your organisation.

They ideally consist of a team of educated and proficient people that share a common goal:

To help your business flourish.

That’s why – no matter how small your business may be – you need a board of advisors.

“I’m Capable Of Creating A Business, So Why Would I Need A Board?” 

By understanding that boards only exist to help with the success of your company and not to trample on your goals and ambitions, you’ll come to learn that the advantages of having one will always outweigh any of the perceived disadvantages.

As a business coach, I usually deal with companies that are run by a single entrepreneur (often consisting of a 5-50 man operation) and I’m always shocked to find that a large portion of my clients perceive boards as counter-productive, with a firm belief that having one will slow the company down.

This couldn’t be further from the truth.

Boards usually consist of hand-picked, like-minded individuals that come together to discuss, plan and implement strategies and processes to improve both you and your business. Their purpose is to set certain goals and outcomes that the company needs to achieve, while looking at the different approaches and actions that need to be taken in order to achieve those goals.

Many business owners run into a variety of challenges that come with operating their business: a lack of growth; finding new direction; coming up with new ideas; being lonely at the top; detecting problems and red flags; a loss of vision and creativity; and even being an effective leader.

These problems, along with many others, can be remedied by setting up an advisory board in your company. An advisory board usually consists of experienced and professional individuals that are often paid to provide the guidance, feedback and network that’s needed to nudge a business in the right direction.

These experienced individuals usually include: existing entrepreneurs, lawyers, accountants, a mentor/coach (like me), and even an existing or potential customer/client.

By forming a team that consists of people with these backgrounds, you’re kept accountable and focused on the steps that need to be taken in order to achieve greater success within the company. It also acts as a much needed eye-opener, showing you that your resources and experiences are both limited and limiting.

When I recommend setting up a board to some of my clients, they often argue that they’re far too small to have a board. But I push back and remind them that no business is too small and that with the right mix of people, they’re sure to find the exponential growth that they seek.

Being a business coach means that I often sit on various boards where I provide advice, feedback and guidance for entrepreneurs. I help them identify the direction that they want to take their business in, making sure that they have a clear, straightforward plan and are sticking to that plan. I also ensure that they take things seriously and that they’re held accountable for their actions or inaction.

The benefits of having a board are plenty. You’re given feedback and transparency; support and accountability; honesty and a sense of comfort; and access to resources and new networks.

Another huge advantage of having experienced individuals on your board is that you’re able to learn from their past mistakes.

While you might see an opportunity or have an idea that seems perfect – they might have gone down similar rabbit-holes or made the mistake of chasing shiny pennies. They’re able to prevent you from dealing with any embarrassment or failure.

Together with a powerful, hand-picked board, you’re able to avoid risks that you would’ve taken on your own; you’re able to create improvements around policies, processes and overall workflow; you have the opportunity to enhance your identity through personal growth and exposure. There are certainly far more benefits to having a board, especially in comparison to doing things on your own.

What is there to think about? Get a board of advisors and be advised. Take advantage of the networking and resources that they make available to you. You’ll be pleasantly surprised.

Whether or not you’re looking at setting up an advisory board for your business – I can be of assistance to you.

Most of the amazing benefits that come with having a board can be provided by yours truly.

And if I’m your business coach, you’re immediately given access to a massive network, as well as peace of mind where strategy, advice and accountability are concerned.

With my experience as a business owner, I can also steer you in the right direction – helping you avoid the mistakes that many entrepreneurs make, while keeping you motivated and excited about the future of your company.

Take action. Throw me into your board of advisors, or keep me as your secret weapon:

+2783 253 3339

brent@spillly.com

Growth Is More Than Just Profit!

By Business Coaching Consulting Leadership Motivation No Comments

Morihei Ueshiba, founder of the martial art Aikido, once said: “Life is growth. If we stop growing, technically and spiritually, we are as good as dead.”

And I couldn’t agree more.

Growth is fundamental to our existence as human beings and even more so as business owners. It takes discipline, focus and ambition to initiate growth in not one, but all of the many facets in our lives.

Seeking challenges and development on a personal level strengthens us in many ways; it moulds our understanding and sharpens our intellect, it builds our intuitions and perspectives, it breaks down barriers and gives way to opportunities, and it brightens our pathway to an often opaque future.

While business owners are hard-wired and driven to achieve growth in profits and revenues, seeking growth in other crucial areas of business and life is just as important.

So what other areas should every one of us be nurturing and focusing on?

Let’s take a look.

Five Important Areas That Should Always Be Growing 

As a business coach, I engage with many different clients that have a staunch focus on growing their businesses mostly towards a better top-line and profits but find that not enough interest is placed on personal growth, staff growth, networking and credibility, and the processes that drive success within their business.

Businesses should inherently be on a journey of growth, while also providing value for their shareholders. It’s important for many different areas to constantly be in a state of growth and development for not only the staff, the clients and the entrepreneur, but the owners, too.

It’s so important for every business owner to constantly be challenging him/herself, building on new and existing areas that are always in need of progress.

So what areas should we work on growing and improving?

Personal Growth:

The number one investment that anybody can make is in themselves. Putting in the energy, time and effort to enhance and develop yourself is one of the greatest things that you can do for your business and for your life.

We all determine what personal growth means for us on an individual level and what I might deem important for my growth might differ from the next person.

Whether it’s spending money on education, learning and exploring new skills, reading more to better your understanding, or spending time with interesting people that you don’t generally interact with – each and every one of us should constantly be striving for personal progress.

There are different areas of personal growth that you should always look at improving and enhancing, such as expanding your network and engaging with other entrepreneurs, or specialists in different fields to build beneficial relationships; taking courses or lessons to advance your existing skill set and any other interests that you might have; and working on your lifestyle to either spend time discovering or enjoying your passions and interests, as well as taking care of your health in terms of diet and exercise.

One of the absolute best ways to develop yourself and your business is by having a business coach, so keep that in mind when you’re looking for a place to start.

Your People: 

Taking the time to grow and develop the people that work for, and with, you is just as important. Your employees are absolutely critical to the success of your business and investing in them shouldn’t be considered an expense.

If your staff are constantly growing in terms of their skills, network and knowledge, then your business will become far more efficient and productive.Giving promotions or raises isn’t necessarily enough to motivate them to get the most out of their roles, but educating, training and exposing them to new areas of growth will go much further in creating a far more enjoyable and powerful work culture.

It’s important to realise that supervisors, managers and other staff members also need to develop their approach to leadership to get the absolute best out of their team, as well as themselves. Take good care of your people and they will do the same for you.

Processes and Policies:

Having outdated processes and policies can slow down your business and the functionality of your staff and your returns. Seeking new ways to improve your processes through the use of technology and other tested strategies will enhance productivity, employee and customer satisfaction, as well as reduce risks.

Tasks and processes that often require a lot of repetition waste plenty of time and effort. If certain processes can be automated or approached more effectively, then looking into modern methods should be prioritised to get the best out of your staff.

The same applies to the satisfaction levels of your employees and your client-base; if employees are able to focus on more important processes within your business, then they can produce much better results for your company and for clients.

By avoiding outdated technology and processes, you also avoid far more risk. Human error, fraud and slow information transfer can be harmful to your business in terms of both security and revenue. Growth in this area should be a high priority for you, as it will make operations far safer and smoother for everybody involved.

Clients:

Spending the time to grow your relationships and interactions with clients is highly beneficial for any business.

The experience that your clients have with you will either make or break your brand identity. Evaluating which of them you love and which of them you hate can help tremendously in your approach to growing the relationships that you have with them.

Loads of research and literature exists to prove just how important customer/client satisfaction is for any business and ensuring that you constantly strengthen your interactions with them is absolutely essential.

Remember that existing clients are more likely to spend more with you and that word of mouth is a powerful marketing tool in this day and age, so treating them in remarkable and unforgettable ways will go far in the development and growth of your business.

Exposure and Credibility:

Making the effort to develop your credibility and the perspective that outsiders have of you and your business is a very important facet of being an entrepreneur.

If people are to see you as unreliable, inconsistent, or unremarkable, then you’re sure to have problems. The first thing that comes to anyone’s mind when talking about your business can ultimately shape its success.

You need to constantly be building your credibility and exposing yourself to different audiences in strategic and impressionable ways. Leaving a good and lasting impression on anybody that you interact with, whether staff, clients or strangers, will strengthen your position in their minds and improve the perspective people have of you and your brand.

Growth in this area can come in the form of achievements that your business has made, through positive and impressive testimonials, as well as your ability to be authentic, reliable and consistent.

Seeking growth in areas other than just profit will make you a much better business owner at the end of the day.

So make sure that you focus on these different aspects of your business and embrace the benefits that come with the nourishment and care that you provide to your clients, staff, processes and yourself.

My role as a business coach is to give you all of the necessary tools, supplements and nutrients that are essential for your growth as a business owner. Let me be the person to bring about those improvements in your business, as well as your life and I’ll see to it that you attract success in everything that you do.

When you’re ready to bloom, then be sure to get in touch:

+2783 253 3339

brent@spillly.com

 

 

 

Why Foresight and Forecasting Is Important For Your Business

By Business Coaching Leadership Strategy No Comments

Being an oracle or seer isn’t exactly on your priority list as a business owner. I get that. But using experience, perspective and the almost limitless supply of online information to predict, estimate and foresee the disruptions that end up shaping our world is absolutely essential to any successful entrepreneur.

Indeed, there aren’t any crystal balls or tarot cards that can predict the likes of Facebook, Google or Amazon rolling in and dominating their respective industries, but one thing is for certain: each of those successful companies had an element of foresight attached to them.

They were able to predict and understand that with the rapid growth in technology, there were new problems on the way. And that meant new solutions needed to be worked on before anybody else could realise the potential.

So why is business forecasting so effective and how do you start making it a part of your business?

Fortification Through Forecasting

 Being a business owner means that you have loads of responsibilities on your plate. The planning, effort and the hard work put in to maintain that business is already a struggle on its own, so finding new ways to keep it growing, improving and well-fortified will take up even more energy, time and dedication.

As a business coach and someone that’s all too familiar with the highs and lows of running a business, I know how difficult it can be to manage everything on that brimming plate of yours. But without seeking new avenues for growth and progressing your business to move ahead of your competition – you leave yourself susceptible to risk.

The less risk, the better. Right?

Although forecasting and prediction isn’t a cure-all for some of those risks, it certainly makes a huge difference if you’ve prepared yourself and your company to deal with the constant changes that are bound to come your way.

Ultimately, adapting to a mindsight of prediction will strengthen the fort that you create around your business. It forces you to plan ahead and formulate contingencies that will help strengthen your company – should some form of change occur.

This way, you’re always prepared for the inevitable and ensure that you are always moving towards the goal of finding new solutions before they’re needed.

3 Benefits That Come With Forecasting 

As you begin to consider an approach that makes effective use of forecasting, it would be wise to know some of the benefits that come with using it.

Firstly, it gives you the opportunity to formulate a more structured approach towards your business strategy. By using insights, trends and patterns to predict any new changes in the world (disasters, pandemics, new technologies/infrastructures, war), you can better prepare your business for any major changes and plan out how you’re going to deal with any problems that you might face.

Secondly, you’re able to estimate an increase or decrease in demand based on patterns and insights that you’ve gathered through historical data, or through predictive trends. This will allow you to plan ahead for an upcoming increase or decrease in sales; so you’re able to speed up or slow down production and employ or let go of staff to deal with changes in demand. The ability to be and remain dynamic is a powerful weapon.

And last, but certainly not least, with forecasting you’re able to allocate the necessary time and resources for emerging possibilities, rather than relying solely on guesswork and gambling. It allows for calculated risk-taking and prepares you to deal with the outcomes that could be either damaging or beneficial.

Research has also proven that businesses that prepare for the future outperform average ones by 200% higher growth and 33% higher profitability.

3 Ways To Approach Foresight 

Okay, so I can’t give you a crystal ball or a black mirror to use for scrying, but I can provide some tips that will help get you started with making effective and promising predictions.

Listed here are a few of the methods that can be used to get started with forecasting. Remember that not all forecasting is based on looking into the future for possible change, but gathering insights through any form of data that will ultimately come to affect the future of your business.

Use The News – the news acts as a great source of recurring trends and patterns that indicate changes in the environment, industrial landscape and technology.

By using the news to predict certain shifts in behaviour based on impending change, then you’re able to work on promising solutions or strategies when changes occur. Think about how companies like Apple saw the changes in technology with regard to music, bandwidth and connectivity, in turn creating the iPod, iPhone and MacBook; or Canon looking past analog film and exploring digital photography, giving us access to the amazing DSLR cameras of the day.

Look At Quantitative Data – with quantitative data, you look at existing data based on purchase statistics, historical shifts and current technology. You can use your company data to discover patterns and coincidences that help you mould new strategies, additions and solutions.

With this approach, you can look at trends and changes in population, culture, technology, the environment, etc. and make predictions to take action based on the data that you’ve collected over time.

Use Qualitative Data –  this type of data isn’t too focused on stats and figures, rather you gather opinions, knowledge and thoughts from your staff, leaders, customers and executives.

Using collected data from these sources could bring a lot of insight for your business; what changes could benefit the company, ideas for new services, suggestions to improve the customer experience, and even external predictions and thoughts into what might happen in the years to come. Listen carefully to outsiders and insiders to make better predictions.

Start Looking Ahead 

Being aware of the knowledge that history might hold, the information that the present keeps hidden and looking into where the future is heading will help you formulate new decisions to enhance and improve your business.

Historically, certain patterns and events end up repeating themselves; currently, there are new technologies creeping in and slowly changing the way that we do things; and while the future might be filled with ambiguity, the futurists, innovators and Elon Musks of our time all have a vision and idea about what the future might hold – so watch them carefully and prepare for the inevitable.

I don’t have a crystal ball, but if I did, it would show me that you and I are capable of doing great things together.

My foresight tells me that your business could make use of some new insights, changes and improvements that only a business coach like myself could offer.

So, take a glimpse into the future and see yourself working with me to make that business of yours remarkable, impactful and transformative.

Do it. Or Don’t. The choice is yours:

+2783 253 3339 + brent@spillly.com

 

 

 

 

 

 

 

5 Leadership Types – What Type Of Leader Are You?

By Business Management Coaching Leadership No Comments

Being a great leader can be challenging. Nobody is born with some miraculous gene that grants them the ability to lead and also be effective at it. To be a leader means that you need to have attributes like patience, curiosity, interest and determination, so that you’re able to create a positive impact on those that you lead towards a collective goal.

But there are many different types of leaders.

Some are more aggressive than others, some more understanding and open-minded, some are strict and some are lenient; but they all have one thing in common: the ability to foster action and mobility while creating an impact on the lives of others.

While I deal with so many different personalities and leadership styles as a business coach, I’ve come to learn that being aware of each person’s approach to leadership is extremely important in developing and strengthening their business, as well as their people.

So, I’ve done a bit of research and listed the top leadership types that exist so that you, as the business owner, can find those that you resonate with in order to develop and enhance your approach to leadership. Let’s dive right in.

 

5 – The Autocrat

The autocratic leader is usually authoritarian in nature. While they’re a bit more aggressive, they tend to delegate the tasks and jobs that need to be done, so that workers listen and do as they’re told.

This style of leadership works well because it saves time and provides much-needed clarity around objectives, goals and outcomes. There are also fewer errors in strategy implementation, as less people are involved in the strategic process – which often brings about much better results.

However, the down-side to this style of leadership is that employees feel undervalued and easily replaceable. It leaves them less motivated and far more likely to rebel against either the leader or the company, which usually results in lower levels of productivity and morale, and increased levels of office politics and infighting.

Using this approach in high-risk environments can be quite effective, as there is usually no room for errors or mistakes to be made. However, it usually fails in educational and creative environments, where people need a lot more freedom and independence to give good ideas and feel heard.

 

4 – The Democrat

This approach to leadership is significantly different to that of the autocratic leader. They make sure to involve team-members in the decision-making process and give them the opportunity to voice their thoughts and opinions. Most of the time, this type of leader has the final say, but values and embraces the input from employees and the team as a whole.

The only problem with it is that it can be quite time-consuming to take in every individual’s ideas and thoughts which can often lead to poor choices if the team or its members are inexperienced or unskilled in any way.

With this approach, the upside is that there is far more motivation from employees, as they feel valued and respected. It allows for the accumulation of different perspectives and approaches, rather than relying on one person to provide his/her viewpoint.

It works really well for those smaller teams or any team that has highly skilled and experienced members which can bring value to the decision-making.

 

3 – The “Let Them Do” Leader (Laissez-Faire) 

The complete opposite of the autocratic leader. This approach doesn’t usually fulfil the typical role of a leader, as everyone’s input is deemed valid and equal. Ultimately, they leave the decision-making up to their team members, giving teams complete trust in their abilities to motivate themselves and navigate the business effectively.

While this style seems quite favourable, it often leads to confusion, delays and slow-progress – especially in strategic planning. It also hampers individual development, as people become reliant on their own ideas and thoughts, rarely looking to improve themselves.

However, this approach can be great in that it helps team members feel valued, heard and appreciated. It empowers employees and leaves them with a greater sense of confidence and autonomy, as they feel capable of handling the work on their own without being pressured and undermined.

This approach works very well in teams with highly-skilled individuals that usually have the expertise to make valuable contributions (similar to the democratic approach). Each member is able to take the lead and has great trust in one another to make proper, productive and effective choices that add value to the company.

 

2 – The Incentiviser (Transactional Leader) 

These are the types of leaders that make use of effective reward and punishment systems in order to promote self-motivation and the ambition to succeed. By using incentives to drive employees, these leaders have a fixed and functioning system that says to work hard or receive no benefits.

One of the biggest issues with this approach is that the environment is usually quite strict in structure and rather inflexible. There’s often little room for different viewpoints or processes and can lead to people feeling undervalued, as they’re only there to follow the lead. Employees usually feel restricted in making an impact and everybody has the same measurement of achievement – those who sell or produce more, get more.

However, the upside is that goals and outcomes are clearly defined and can easily be understood by teams and individual employees. The incentives and consequences are also made crystal clear and it’s up to the individual to do a great job – so it also instills a sense of confidence and accountability in the employee regarding their expectations.

 

1 – The Transformer (Transformational Leader)

This approach to leadership puts more focus on the leader’s personality and the way in which they motivate employees to constantly innovate and improve. They are often guided by a clear vision of success and ensure that everybody is focused on the company’s mission and purpose. These leaders aim to inspire and create a positive work culture for everyone involved, acting as a role-model and exemplar.

One of the biggest issues with this style of leadership is that it makes way for a culture of sycophants that aim to please the leader at any given opportunity. Employees can become more focused on getting their leader’s approval, instead of focusing on performance, productivity and team support.

This approach works well, because leaders act as role-models to staff, inspiring them and motivating them to achieve greatness not only for the company, but for themselves. There’s usually a high focus on the vision of the company and what it will take to become more valuable in the long-run. These leaders value interpersonal relationships and are engaging in the way that they communicate with staff, leaving lasting impressions and a stronger sense of camaraderie.

 

What Type Of Leader Do You Want To Be? 

While there are these different approaches to being an effective and impressionable leader, it’s up to you to pick and choose. Weigh out the different options, see which of them suit your personality more and learn, learn, learn.

By taking the time to educate yourself on your favourite approaches, you’re able to decide which one(s) will be more advantageous to you and your business.

Perhaps you like two, or even three of them and want to make a cocktail that includes the best points into one powerful hybrid approach that suits you better – then by all means, do so. Being a unique individual means finding unique and remarkable ways to do things.

If you find that you’re already comfortable with your approach, but need advice, mentoring, guidance or more perspective, then I’m the right coach for you.

Even if you’re still trying to figure out what leader you want to be, I can help you make the right decision for you and your business.

I’ve worked with so many different clients that I’ve helped develop and grow – engaging with many different leaders and personalities that attract high levels of success, so I know exactly what to look for and inspire in you.

 

Get in touch today. Tell me about your business, your dreams, goals and ambitions. Let me help make the difference that you seek.

+2783 253 3339

brent@spillly.com