Posts Tagged ‘management’

Thursday Thoughts: Leaders Make Energy and Passion Contagious

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Energy and passion are the key drivers to business success. But what does it really mean to be energetic and passionate as a leader and more importantly, as a corporation? One of my favorite passages in a book called “What the Best CEOs Know” by Jeffrey Krames, shows energy and passion at work through a look at leadership at Southwest Airlines and GE:

One business leader who consistently showed his energy and passion was Southwest Airlines’ feisty founder, Herb Kelleher. In a period when most of his larger rivals were racking up multibillion-dollar losses, Kelleher was delivering steady growth and profits, year after year, and winning industry wide customer service awards. What was his secret?

Like Jack Welch, GE’s Chairman for over a decade, Kelleher reinvented the management rulebook. Among other things, he hired for passion, thereby creating a unique service organization that was known for its positive attitude and good humor. “If you are not on fire about what you’re doing, why you’re doing it, and the people who do it with you,” he explained, “then you can’t kindle their minds, hearts and devotion to a cause.”

In addition to hiring for passion, he argued that the organization should let people be themselves at work- and then go even farther. The company, he wrote, should “celebrate the achievements of (its) people, often and spontaneously.”

Southwest became legendary for celebrating the milestones experienced by its employees, including their weddings, births, marriages, and other happy moments- and also for acknowledging and sharing in employees’ losses and catastrophes, which is almost unheard of in large corporations.

The point? Kelleher’s action added energy to the organization. He valued informal dialogue. He urged his managers to speak from the heart, as well as from the head. He underscored the idea that job titles aren’t important but that leadership qualities are. Kelleher believed strongly that an organization’s two most important constituencies are its employees and its customers- in that order. “Employees are your premier customers,” argued Kelleher. If the company succeeds in involving and inspiring its employees, they become more tolerant and more empathetic- toward each other and also toward their external constituencies.

Source: Jeffrey Krames, “What the Best CEOs Know,” (McGraw-Hill) (pp. 189-191)

Bottom line: love what you do and you’ll inspire not just yourself, but the employees around you who are integral to your company’s success. Soon you’ll find yourself amidst an organization that carries a reputation for passion and energy – the kind that everyone wants to work for and do business with. Passion and energy come from within, but can be very contagious.


Thursday Thoughts: True Leaders do the right thing, always

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“Management is doing things right; leadership is doing the right things”

                                                                             – Peter Drucker

This quote sums up so much of what I believe to be true about leadership. The art of leadership involves much more than execution. It takes you far deeper than management, it calls upon your feel for what is right, but most importantly, it demands responsibility – a steadfast ownership of the values that define you and the actions you take.

This sense of responsibility is one of the most important but often misunderstood dimensions to inspired leadership. Without responsibility neither you nor the people you are charged with leading have a true compass that guides actions and decision making.

What does responsible leadership entail? Here’s my starter list:

  • Responsible leaders are responsible for establishing the atmosphere for the office or company they are asked to lead
  • Responsible leaders establish the ethical boundaries and understanding of integrity within their organizations by their own actions, not their words. Leaders don’t say one thing and do another.
  • Responsible leaders model respect for colleagues and customers
  • Responsible leaders establish and constantly reinforce standards of performance – for their agents, employees and themselves
  • Responsible leaders encourage creativity and innovation among their agents and employees while ensuring that these energies remain consistent with the larger goals of the organization
  • Responsible leaders provide direction to agents and employees that have drifted from the organization’s strategic direction and culture
  • Responsible leaders recognize that it is from themselves that most is expected

Are you ready for that? If you desire a position of leadership, understand that you must be prepared for responsibility and a commitment to find, in Drucker’s words, the right things in everything you do.


Thursday Thoughts: Want to lead? Be prepared to take the bad with the good

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That sounds obvious, doesn’t it? And, theoretically, it is. But in the real world of real estate management things don’t always work out that way.

Have you ever worked for a manger that couldn’t make a decision? Or, when presented with a failure, sought to deflect responsibility?

There is nothing more unsettling to agents and employees than being under the command of a manager who shows a lack of commitment in his or her responsibility as a leader. Someone who wants the perks of leadership without the challenges.

These failed leaders don’t understand that it is better to make a bad decision than no decision; more admirable to accept responsibility than to avoid it.

In accepting responsibility for the Bay of Pigs fiasco – a military disaster of massive proportions – President Kennedy said, “Success has a thousand fathers; failure is an orphan.”

It’s true. But leaders accept the good with the bad.

Bob Moles has always said, “Show me a great leader and I will show you a successful office.” Realtors will choose to follow only those managers who demonstrate a desire to lead.

Such leaders may be as different from one another as agents are different from one another. They will not have every human virtue, nor will they possess a flawless character.

But they will be distinguished by their good judgment, sincerity, compassion, authority and courage. They have a human quality, a strong commitment to their cause – and to those they serve.

In the next issue of Thursday Thoughts on Leadership, we will examine the question: “How do you know if you Possess Sufficient Desire to be a Leader?”


Thursday Thoughts on Leadership: Leaders Are Not Always Predictable

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Leaders are not necessarily predictable people. Being unpredictable will keep the team from falling into a mental comfort zone. By suggesting that a leader needs to be unpredictable, does not mean they should not act the same way regardless of the circumstances. Those they lead should be able to anticipate how a leader might think and or act, because after all the act of leadership implies that your followers have a sense of where you are going. Great leaders are purpose-driven and their actions arise from an observable belief system and common goals. However, if the leader becomes too predictable, it will affect their ability to keep their people sharp and on their toes.

In managing a real estate office and coaching real estate agents, I have always believed that you should create an environment that is positive, conducive to growing, motivating and above all, challenges people to do their best. As a leader, you have to achieve this without becoming predictable.

The most effective leaders often have the quality of being somewhat unpredictable. They understand that if they are predictably difficult or predictably easy going, their charges will become predictably comfortable and will not be ready for the next opportunity or the next challenge. In real estate or any highly competitive environment, feeling comfortable is the first step on the road to complacency. Complacency is the most insidious disease in the world. It sits on your shoulder telling you everything is fine and that you don’t need to improve.

In last year’s Super Bowl between the New Orleans Saints and the Indianapolis Colts, one team fell victim to this. Obviously, both teams represented the best of what the National Football league has to offer. Great owners, great coaches and great players were represented on both sides, as well as great preparation. The game represented the culmination for what some players was a lifetime of training and preparation for this moment. At the start of the second half of what had been a close game, but one that had definitely started to favor the Indianapolis Colts, both in the score and the play on the field; a bold and unpredictable decision was made and it changed the tide of the game. The Saints Head Coach, Sean Peyton, decided to try an onside-kick, a highly questionable and very risky play that is an attempt to surprise the receiving team. So risky in fact, that it had never been attempted at this point in any of the previous forty-three Super Bowls.

The Saints not only recovered the ball, but regained the momentum in the game and went on to dominate the second half en route to the first championship in team history. They were not complacent; they were ready for the unexpected. I guarantee that when the play was called, they were as surprised as anyone, but they were ready for it. The Colts were not, they were complacent. No one had ever tried it, why would the Saints try it now? Peyton has created one of the most dynamic offenses in the league because he does not always do the predictable. He does not follow the script on how football should be played. He trusts his players and makes decisions based on the expectation that they will succeed. In turn, because his players know that he can call any play at any time and for any player, they are always ready to execute at any moment and in any situation. In fact, the player that made the biggest play was not a star, but a reserve, someone who barely gets on the field. But all men on the roster know they are accountable.

As an office manager, one method I used to help keep agents on their toes was in the way I announced sales results. Each month, instead of just posting what the top performers did, I would post what everyone did, even if they had no sales in the period. It kept everyone accountable and on their toes. Remember, our business of real estate is not for the weak-willed or faint of heart. It is for those of us that get sick to the stomach if we are not in the top 10% in any competitive environment. I can still recall seeing first-hand how it motivated the agents to be sure and not show up at the bottom of that list with a goose egg by their name.

Ideally, those you lead are driven to excel by the expertise, inspiration, motivation and example you offer. Many times it takes more than that. Sometimes changes are necessary, sometimes opportunities spring up or challenges present themselves out of nowhere. The leader who exhibits some unpredictability and thus instills an ethos of always being ready in the team will achieve success. Who knows, maybe some day you will be asked to make the most important play in the most important game of the season and the success of the entire team will ride on whether you are ready for the challenge or not.