Successful Leadership: Applying the Pearl By Jay Newkirk
Outcome Management author Larry Womack wrote in an interview I did with him that, “Leaders should be rewarded for the accuracy of their predictions, the wisdom of their visions, and the quality of their empowerment providing everyone with the knowledge, information, tools, and culture required to achieve the desired outcome.” Larry’s “pearl of business” stayed with me and I started thinking about how entrepreneurs can apply his advice to their current business environments and leadership roles. Prediction Accuracy Business success is in part achieved by the leadership assessing at the beginning of each year how the business performed during the previous year and using that information to optimize the new year’s projections. Doing this initiates prediction accuracy and leads to growth and reaching goals. Wisdom of Their Vision Leaders must have a vision in the first place, then be willing and able to share it with everyone around them. If your leadership team and employees don’t know your vision for your company, then they only have a job and they may not be as invested in your business’s ultimate success. However, if they know where you’re taking the company, they have a career and will stay with your business to help you achieve that vision that they also share.
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