Friday, June 23, 2006

The Formula for Success in Leadership

The best leaders I have met over the years have had several traits in common. Those aspiring to become leaders in business, government or other organizations would be well served to review these and take them to heart.

As quaint as it sounds, there is no substitute for hard work. The most successful leaders I have encountered worked hard at the beginning, middle and ends of their careers. They got in early. They left late. They took on additional responsibilities. They welcomed special assignments and task forces. They did not look for the easy jobs or to pass off the challenging tasks to others. Hard work is the foundation for success in leadership.

There are lots of generalists in all professions. The difference is when the generalists have built up their general knowledge of their profession as a result of being experts in whatever area they were working in at the time. Great leaders learn everything they need to know to do their current job and more. As they move on to the next job they do the same thing. They do not stay put for the most part. They build a portfolio of being expert in many areas within their profession. While it may be possible to “get by” through just knowing enough, the true leaders who are successful learn all they can in each job.

There are many egomaniacs in the world of business, government and other professions. While they may get most of the headlines and other media coverage, they are not the great leaders of our time (or any time). The greatest and most successful leaders are selfless. They approach problems for the best solutions. They do not care who gets the credit. In most cases, they direct the credit and the attention away from themselves and to others. This process serves to make teams and organizations more effective and more successful in turn.

Leaders young and not-so-young need mentors. A mentor is not just someone who can pull the leaders along by way of their coattails. It is someone who listens, provides advice, points out the “landmines” along the way and can tell the bad along with the good. Every great leader has had a mentor. Many have several mentors throughout their professional lives. The mentor a leader has at the beginning of their career may not be the mentor they have at mid-careers or as a successful senior executive or professional. The key is to find someone who one respects and who is willing to take the time to build a mentor relationship.

Everyone makes mistakes and has disappointments. Successful leaders in business, government and the professions accept their shortcomings, learn from their mistakes and move on. Those who dwell on mistakes or are so cautious as to rarely have missteps are unlikely to become great leaders.

The topic of personal balance has been overdone by the media and in professional literature. Most successful people are, at face value, hyper focused on their career goals or their profession. But once this is pealed back, most of them are people with varieties of interests. They take time to exercise and participate in sports. And their families and friends are quite important to them, even if the time they have to spend with them is limited. Those who can “have it all” are rare, but the most successful leaders to find ways to balance their professional lives with their personal interests, their health and fitness plus the role of family and friends.

The model of the successful leader is a dilemma today. Do we look to political leaders? Do we look to CEOs? The industrial titans of the past? The great leaders from military history? By reading biographies of the great people past and present, future and current leaders can gain insights into how they can become better and more successful leaders. Readers see time and again the roles played by hard work, expertise, humility, mentors, resilience from failures and balance.

George F. Franks, III is the founder and CEO of Franks Consulting Group, a Bethesda, Maryland management consulting and leadership coaching practice. He is a member of the Institute of Management Consultants (USA) and the International Coach Federation. George can be contacted at: gfranks@franksconsultinggroup.com

Franks Consulting Group is on the web at:

http://franksconsultinggroup.com



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