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471: Guiding Principles Of Leadership (Part Two)

471: Guiding Principles Of Leadership (Part Two)

FromThe Leadership Japan Series


471: Guiding Principles Of Leadership (Part Two)

FromThe Leadership Japan Series

ratings:
Length:
17 minutes
Released:
Jul 6, 2022
Format:
Podcast episode

Description

In Part One we covered principles 1-7 and we continue looking at some fundamentals we all know but may have forgotten or may have neglected.   Truly respecting others is the bedrock of motivation. This idea of respecting staff by the boss makes sense except when we realise that 80% of the team, by definition, are either average or low performers. Maybe the boss is frustrated with some performance levels and maybe they are digging the hole deeper for themselves by applying the wrong motivation formula and not communicating to their 80% cohort that they are valued and respected too.   People work for money, but go the extra mile for recognition, praise and rewards. Frederick Herzberg’s research on motivation said that salary was only a “hygiene factor”. In other words, people expect to get paid fairly for their work, so money isn’t everything. Of course, major money does speak loudly to certain people, though most people are not getting paid the astronomic packages we see in the finance industry for example. Our research on the emotional drivers of engagement pointed out that staff feeling valued by their boss was a key catalyst for feeling engaged.  How would they know they are valued?  The boss is constantly communicating this to them through giving praise and recognition.  So are you doing this?   Be quick to admit mistakes and slow to criticise. Above all, be constructive.  What - the boss has to admit they aren’t perfect?  Ego, face, pride, image are all wrapped up together for bosses and how they project themselves.  Afterall, bosses by definition, are saying they are superior to their staff, otherwise one of them would be the boss instead.  So how do we square this with the boss admitting they have made a mistake?  Doesn’t this undermine their right to rule, their authority to claim the crown?  Bosses who are chronic mistake makers should be replaced so we are not talking in terms of extremes here.  Bosses who have enough self-confidence to admit when they are wrong or have made a mistake will be admired, rather than scorned.  Once you deny your boss divinity it makes it easier to accept your staff are not perfect either and to be more understanding of occasional mistakes.  Again, chronic mistake makers need to work in another job, because the current one is not the right fit for them.   Set goals that are clear, challenging and obtainable. Most of my career, I have been subject to goals which defied any scientific, logical or understandable rationale.  A wet finger being thrust into the breeze seemed to be the methodology of my bosses. Were these unrealistic goals motivating?  No.  How are the goals being set in your team?    Today, I have a spreadsheet which tracks each salesperson from the day they joined us and I can compare the sales being achieved person by person.  This allows me to see some averages and a guide for what my expectations should be for every year of experience selling our solutions.  It certainly beats guessing or wishing when setting goals.   Leaders never lose their focus. They keep their eyes on the big picture. Do they?  Markets, currencies, wars, meltdowns, pandemic nightmares are all able to distract us from the big picture.  Staff are rarely sharing any interest in the big picture, because they are micro-focused on themselves.  They want what they want today and to hell with tomorrow.  It takes a lot of good planning, preparation and guts to keep the focus on the light on the hill when the darkness clouds your vision.  The mantras are “work on your business, not just in your business” and don’t forget to spend sufficient time in Quadrant Two – Not Urgent/ Important in our time management.   Consistently high performance comes from a balance between work and leisure. “I will out work, out commit, out sacrifice everyone to win”, sounds admirable, until it isn’t.  Our ideas often come while running, walking, lifting weights, swimming, gardening etc., not at the desk while working.  Our
Released:
Jul 6, 2022
Format:
Podcast episode

Titles in the series (100)

Leading in Japan is distinct and different from other countries. The language, culture and size of the economy make sure of that. We can learn by trial and error or we can draw on real world practical experience and save ourselves a lot of friction, wear and tear. This podcasts offers hundreds of episodes packed with value, insights and perspectives on leading here. The only other podcast on Japan which can match the depth and breadth of this Leadership Japan Series podcast is the Japan's Top Business interviews podcast.