A few weeks back, i met the CEO of a firm whom I know for many years. He is looking after many businesses, apart from his passionate activities. A few years back, he ventured into a new business, and he had been consistently growing since inception.
When I asked him about this year's performance of his new venture, he replied that performance was not up to the expectation and indicated some no's. I wondered about his coolness and asked about his mindset to manage through this slowdown setback.
His reply seems to be the real testimonial of authentic leadership.
- My senior team is continuously working hard, and I am not finding a problem with them except the external environment
- Despite the external reason, we are working on our initiatives, and this will help us when the external environment turns positive
- Now I am spending more time with the team to share more insights about business and their development
- I am optimistic that the initiatives will bring more business when the external environment turns favorable
The responses reflect the right leadership behavior. As we discussed some time back, leadership is all about mindset, thought process, and actions that impact others positively.
It is essential during tough times the leader should maintain coolness, not getting into negativity or blaming everything, believe in non-permanency, work for the long term, and hope for the future. More than that, taking personal responsibility to turnaround within the individual or team's capability is more critical.
No wonder that his team regards him as a role model.
Sometimes as a leader, we forget our balance during setbacks!
Very correct and many to note this to become a successful leader
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