“Management is doing things right; leadership is doing the right things.” – Peter Drucker
What is Leadership?
- The individuals who are the leaders in an organization, regarded collectively.
- The activity of leading a group of people or an organization or the ability to do this.
- The act of inspiring subordinates to perform and engage in achieving a goal.
One of our goals at Eagle Corporate Advisors is to help you increase the transferrable value of your company. Value enhancement implements a change which creates long-term benefits for you.
Strong leadership is one of your organization’s key value drivers. Your company’s value is increased when it has an active board of directors, a cooperative senior management team that effectively communicates within a positive culture, and can stay on course without constant interference from ownership. This includes adequate succession planning for the senior team, and career advancement plans for those who will be filling these roles in the future. Who is on your bench? Are they getting the experience needed to keep the company running beyond your days?
Leadership and a positive company culture go hand-in-hand. Company culture starts at the highest organizational levels, but it doesn’t stay there. That’s because employees are paying close attention to how leaders walk the talk. Are the plans being implemented all the way down the organization?
In other words, your people are paying attention to what you do, not what you say.
In terms of tangible benefits, strong leadership guides the actions, behaviors and alignment of a positive culture with accountability and influence in the ability to hire, develop and retain quality individuals. The right people can strengthen morale, engagement, ethics, customer relations, productivity, innovation and many other aspects—all of which can add to your bottom line.