Leadership Flashcards
What is a leader?
Leaders inspire people to achieve shared objectives.
Most important qualities for effective leaders?
Awareness: Ability to gather info/data
Synthesis: Ability to reorganize or digest data into ideas
Inspiration: Ability to inspire people to achieve shared objectives
Self-awareness
Being a spectator to your own thoughts, especially when you become emotional
Compassion
Compassion equals empathy plus action.
Why compassionate
when Invest in the success of others, you invest in your own success
Compassion -> Trust -> Shortcut -> Better decision made faster
Proactively ask difficult questions
Compassion is not conditional.
It’s the people that you don’t naturally connect with, those are the folks that need your compassion the most.
Know what you want to accomplish
Optimizing for both your passion and your skill
Generate self-awareness
Mindful practice
Getting feedback from the direct report is valuable
Through Mentorship
Team-awareness: Building the team
Build a team that complements their own strengths and weaknesses. Not just skills, but also perspectives and life experience
Team-awareness: Reading the room
Listen, with the intent to understand and not just the intent to reply
Speak with the intent to be understood, and not just prove your point
Be aware of how the message was received and course correct
Team-awareness: Team diverse
Diversity - people with different background
Inclusion - invite to meetings
Belonging - sense of belonging otherwise they won’t speak
Team-awareness: The 3 qualities of people I most enjoy working with
Dream big
Get stuff done
Know how to have fun
Team-awareness: Expressing gratitude
Doing so from a place of deep authenticity,
Team-awareness: Meeting dynamic
Identify what problem you’re trying to solve.
Balancing between presentation and discussion
Balancing between tension and patience (there is an optimal level of patience)
Three tiers of feedback
One person’s opinion
Strong suggestion
Mandate
We should not give too many mandates. Otherwise, something is wrong
Awareness: Company
Weekly/Daily data: Dashboard, email updates
Weekly meetings: 1:1s, value meetings: tracking key performance indicator
Longer-term bigger picture meetings: Quarterly business review
Awareness: Macro
You’re going to beat the competition by being true to who you are as a company. By recognizing your own sustainable, unique, competitive advantages and playing to those strengths.
Synthesis
Separate the signal from the noise and you’re able to focus on the stuff that matters most.
Synthesis: Vision to values
Vision: the dream, it’s designed to inspire.
Mission: singular, overarching, and measurable realizable goal
Value proposition: the benefit or advantage that you’re trying to create for your customer or your end user.
Target audience: the person your value proposition serves
Culture: the collective personality of our organization. Who we are and who we aspire to be. That aspirational component is absolutely critical.
Values: first principles upon which you make day to day operating decisions
There’s a lot of power to stability in terms of what I would call the big four: mission, vision, culture, and values
Strategy and Priorities
Strategy is how you navigate the competitive landscape. Priorities are the tactics designed to realize that strategy.
Strategic objectives change every year.
When you prioritize a business objective over a core value proposition, what risk do you run? Short-term success, but it’s mortgaging the long-term future.
Synthesis: FoCuS
FCS.
The F, fewer things done better.
The C, communication, communicate the right information to the right people at the right time
The S, the speed and quality of your decision-making
RAPID decision-making framework
Recommend: Key part Agree: huge power Perform: who executes it no surprise Input Decide
Very important transitions that you’re going to end up making as managers.
tactical <=====> strategic
problem solving <=====> coaching
Time management
The more senior you become, the more you’re responsible for others, the more you’re responsible for making decisions, for prioritizing, for thinking strategically, for thinking proactively, for thinking big, for establishing a vision, the more time you need, unscheduled time
take a look at someone’s or your schedule and compare it with your priority. do they align?