IG is a lifelong learner and a Leadership/ Management enthusiast. Currently a Business Dev. Executive; experienced in diverse terrains.
Your Word Is Your Bond
Reckless, unethical, unreliable; to mention but a few, are words that characterize some business executives; the reason they are unsuccessful in business. Causing their organizations to continue to grasp at straws.
Dependable business executives are usually down-to-earth and rarely, behind the times. They are go-getters who are virtuous in their dealings with others, perhaps, the reason their businesses continue to flourish.
What qualities should a firm seek in prospective executives?
Here are six attributes that distinguish unswerving managers from the rest.
A successful executive ensures that every vital detail is always handy and updated, which is why they are never caught off guard. They make sure that everything is planned for, and made available to the relevant stakeholders. The worst a chief can say when they are not sure of something is “I will get back to you on that”. They take responsibility for their mistakes and avoid undue credit for successes achieved. They are accountable to the last cent for the resources that they control.
They are usually the movers and shakers of their firm owing to their drive, flexibility, and learning abilities; nothing is like catch-22 to them. Their confidence creates positive energy towards challenges; before long, they have overcome the problem; you never find them in a vicious circle, not for long, at least. They are usually proactive, gathering as much information as they can to make informed forecasts that keep their company focused. They don’t take “no” for an answer, and they are always willing to uncover reasons for failures to forestall recurrence.
Every responsible leader values professionalism and as such; creates an atmosphere of dos and don’ts within their firm. In setting the operational guidelines, they are usually quick to add clauses where there are ambiguities to prevent avoidable friction within the company. They are usually more concerned about reaching a trade-off between their firm and its stakeholders than getting the best of every deal they make. Their high standards and moral values create confident employees and happy customers because they respect their employees and customers equally.
Procrastination is a thief of time; successful chiefs do not procrastinate. A scale of preference is a must-have for every serious executive. Their skill to manage priorities keeps them ahead of time in all their dealings and gives them an admirable sense of control over their daily tasks. They understand the importance of time as an asset in business; if properly harnessed can put a company ahead of its competitors. Every season comes with its advantages and must be tapped into, so they make every moment count.
Their ability to keep to their promises, make forecasts, and succeed in their negotiations earn them the trust of their stakeholders. Such saying as “I trust your judgment” is usually a resounding statement for trustworthy executives. The confidence that they attract is a representation of prior successes. With trust, business heads draw forth requirements from stakeholders who believe in them, to manage their investments wisely. Their trust for their employees improves employee productivity since they are giving the freehand to explore, learn, and do more.
A reliable business chief is not necessarily a know-it-all person, but he or she ensures that a round peg is in a round hole. They acquire the cream of the crop of applicants and ensure that they are well-positioned to do things right. They don’t short-change compliance, so they find the best fit for every resource group. Their expert coordination of resources (human, time, and material) puts the firm on autopilot. They encourage zero downtime from unplanned operational disruptions thereby, saving the firm unintended costs that could have resulted from poor coordination.
This content is accurate and true to the best of the author’s knowledge and is not meant to substitute for formal and individualized advice from a qualified professional.