Page 38 - 2018SpringSpectrum

Leadership

your company's goals. Holding back that information can Apart from obvious perks such as compensation and
only cause problems down the road." bonuses, people genuinely need honest feedback. When
you're asking people to pull out all the stops, especially
5. Earn respect, not love or fear during difficult times, you want to show your appreciation
"Leadership is not about winning a popularity contest. for a job well done, which also builds employee loyalty.
Your goal is to be respected but not feared. You have to
show that you are fair in your dealings, competent and a 7. Network
good coach," Halde says. A final bit of advice for strong leadership? "Networking is
a leader's best friend, particularly for owners of small and
Strong leaders also have to be able to make hard decisions medium-sized businesses," he says.
and focus on getting results.
"Entrepreneurs often need to connect with other business
"Get all the cards on the table and address conflicts and owners to share experiences and learn from one another."
challenges directly and tactfully. In the end, people will Strong leaders know how to reach out and build beneficial
respect you more for your openness." partnerships and alliances.

6. Reward people "Networking is also a way to keep abreast of trends and
Another excellent leadership strategy: Do unto others as maintain your visibility in a highly competitive market. In
you would have done unto you. "And always say thanks for today's global environment, no one can do it alone!"
a job well done. The fact is, it simply encourages better
performance," Halde says. Article courtesy of www.bdc.ca

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Spring 2018