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December 18, 2019 28 mins
Chapter 2 of the book, "Leaky Bucket of Profits", starts with the author, Tony Malyk, talking about the importance of strong leadership in an organization. He uses an example of how sports teams and corporations are willing to pay millions of dollars per year for a proven coach and CEO. Leadership can make or break an organization. There are three levels of Leadership. They are: Lead Yourself, Lead Others and Lead Your Organization. Each level builds on each other with Lead Yourself as the foundation. It is imperative that a leader is well grounded by being self aware of his or her behavior and communication style. Leading Others is about developing one to one relationships with team members to motivate, direct, and discipline if necessary. Leading Your Organization is inspiring and motivating your organization as a whole. Effective and efficient communication skills are imperative to getting your message across to drive your company culture. Motivation challenges many leaders because they don't have a model to follow. A leadership motivational model called, Herzberg's Two-Factor Theory, is explained to give real context to how to motivate employees. Leaders need to adapt a servant style to gain loyalty and to demonstrate their commitment to their core values everyday or risk being discredited in the eyes of their team. The keys are to attract, develop and motivate the best possible people.
Mark as Played

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