Mobe Review :Most entrepreneurs aren’t thinking of themselves as “business leaders” when they start a company. But in a competitive business environment, effective leadership is necessary to achieve organizational goals.
Lead … or Else
Mobe Review :Consider, for example, the story of David Blatt, the former head coach of the Cleveland Cavaliers. He is a highly regarded basketball coach with a proven track record of success. In his first year as coach, he was fired after helping the Cavaliers during the NBA finals, even though the team is leading in the middle of the current season.
Mobe Review :Whether in sports or business, your approach to leading your team will impact all areas of your life. What happened to Blatt could happen to any business owner who’s charged with the task of leading a mixed bag of superstars and rookies. To help you avoid a similar fate, here are some key takeaways:
Your Team Must Respect You
Mobe Review :Never take the respect of your team for granted. You must earn it every day, just as they must earn yours. Past successes don’t count for much in business, so identify what you know that your team members don’t, and then start teaching them. By constantly working to make the team better—even the star players—you will impress them and earn their respect.
Avoid Playing Favorites
Mobe Review :True leaders don’t play favorites because they know favoritism inevitably erodes team morale. In Blatt’s case, overlooking mistakes made by his star player while pouncing on mistakes made by other team members ended up costing him the respect of his team.
No One’s Perfect
Mobe Review :As David Blatt proved, even experienced leaders with a tremendous A-game can make mistakes. Despite making great strides in his single season with the Cavaliers, his best efforts were waylaid by an unanticipated upturn of events.
Own Your Mistakes
Mobe Review :When leading a team in business, it’s important to own your mistakes. Whether dealing with customers, staff or your senior management team, don’t shy away from acknowledging your own blunders. Doing so shows you’re both human and demanding as much from yourself as others.
Mobe Review :To be a successful leader in the business world, you’ll need to stand up for yourself. As Donald Trump told Forbes magazine: “When somebody challenges you, fight back. Be brutal, be tough.” Fellow billionaire and former mayor of New York City Michael Bloomberg agrees. At a commencement ceremony Bloomberg said, “In the business world, it’s dog-eat-dog … you occasionally have to throw some elbows.”
Don’t Be a Jerk
Mobe Review :Toughness has its place in business, but don’t get carried away. Team members perform better for business owners and managers they like. As Mark Cuban advises: “People hate dealing with people who are jerks. It’s always easier to be nice than to be a jerk. Don’t be a jerk.”