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Develop Your Business Leadership KnowHow

Develop Your Business Leadership KnowHow

Many companies debate the exact set of personality traits their leaders should have, but miss the most important thing: the know-how of running a business. What difference does it make if a leader can rile up the tropps if the direction is fundamentally wrong? This is the question Ram Charan (author and consultant) asked in his article Developing Business Leadership Know-How published on finance.yahoo.com (3 January 2007).

Ram goes on to say that some leaders choose the wrong goals, and the whole organization goes in the wrong direction. Some leaders make great inspirational speeches, but what happens to people's energy on Monday morning if marketing still doesn't talk to operations?

Being a business leader is not a metter of charisma, presence or motivational skills. It is about making good decisions and taking sound actions that get the organization to deliver results in the short term while strengthening the business in the long run. Know-how is the substance of business leadership. It's often the missing piece in business leadership, and many leaders are failing for lack of it.

The Eight Leadership Know-Hows

Ram Charan identifies eight areas, or know-hows, in which you must hone your judgment:

1. Positioning and repositioning your business to make money. Finding a central idea for the business that meets customer demands and delivers the fundamentals of moneymaking is key. In today's fast changing world, leaders may have to reposition a business four or five times in their career.
2. Detecting the patterns of external change. You must be able to make sense out of the complexity of the world to put your business on the offensive.
3. Managing the systems of your business. It's imperative that you design the systems that link actions and energy to business results, while enforcing the right behaviors.
4. Judging people. Getting to the truth of a person and unleashing their natural talents is vital. This is how leaders expand an organization's capacity.
5. Molding a team of leaders. It takes true skills to get high-powered, high-ego people to work as a team.
6. Setting goals. Finding the right balance between realism and reach in setting the organization's destination is more important than you think. Many leaders set goals by looking in the rearview mirror.
7. Determining priorities. You need to define a clear, specific pathyway to an organization's goals.
8. Managing non-market forces. Finally, it's important to know how to deal with forces you don't control.

To build your capability, choose one or two know-hows to focus on. Test yourself, make decisions, and relect on where you went wrong or right. Try to enlist your boss or colleagues to give you feedback as well, and then test yourself again. If you keep practicing and reflecting on your actions and decisions, you'll find that your know-how gradually improves.

Great leaders -- those who deliver results consistently over time -- aren't perfect human beings. But they have a winning combination of personality traits, thought processes, and know-hows. Most important, they built their leadership know-how. And you can build yours. If you're thoughtful, get the right feedback, and have the capacity and willingness to learn and change.





Develop Your Business Leadership KnowHow - To learn more about this author, visit David Carter's Website.

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Jeff Foster
WebBizIdeas.com is a Minneapolis website design company founded to help people start an internet business by providing them with website, business, and internet resources that help foster the growth of successful online businesses and develop innovative Internet business ideas.  We specialize in internet consulting & internet marketing
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John Power, founder of Biltmore Franchise Consulting, has extensive experience developing and marketing franchises and business opportunities. He has been in and around franchising for over twenty years. From 1980 through 1990 he conceptualized, organized, and developed the American Video Association. He grew AVA to 2,000 national members, before selling the company it 1990. It was later merged into another home video marketing company. From 2000 to 2005 he worked as a contract marketing and human resources consultant to several local and national companies. In 2005 Mr. Power began working as a franchise development consultant on a full-time basis. Since that time he has helped more than three dozen companies initiate and develop their franchising program. He notes that there are many companies interested in developing a franchise program, and who need his specialized assistance. Mr. Power is a “hands-on” franchise consultant. He said, “I am the ‘nuts and bolts’ person who tends to the details for my clients.” Mr. Power holds a B.S. degree with a major in Marketing. See: www.biltmorefranchise.com You may contact Mr. Power at: jpower@biltmorefranchise.co - Visit John Power's Website

Dianne Crampton

Dianne Crampton is an executive leadership coach, team culture consultant, author and president of TIGERS Success Series, Inc. Dianne has been helping CEO's and Executives connect their employees to their core values and goals for over 20 years using the trademarked TIGERS team culture process, which stands for trust, interdependence, genuineness, empathy, risk and success. To download a free white paper on behaviors that build strong teams and behaviors that will predictably tear them down go here.

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David Barr is the President of Venture Opportunities, Inc. David has been a professional business broker/intermediary since 1980 focusing on General Business Brokerage and Mergers and Acquisitions representing client transaction value from $400,000 to $20,000,000. Mr. Barr has handled the sale of over four hundred and fifty companies. David earned a university degree from the State University of New York majoring in economics and business. David holds the Mergers and Acquisition Master Intermediary and the Certified Business Intermediary designations from the International Business Brokers Association. He is also a Senior Business Analyst and a Texas licensed Real Estate Agent. For more information about David and Venture Opportunities, visit www.bizdealmaker.com. - Visit David Barr's Website

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Anne Barr has over 26 years experience in sales and marketing, six years as a franchisee. She has assisted over 367 business owners and purchasers to achieve their goals in career change, transition and exit strategy. She holds the designation of Certified Franchise Executive from the International Franchise Association, Certified Business Intermediary from the International Business Brokers Association and Board Certified Broker from the Texas Association of Business Brokers. Anne is active in professional organizations, networking groups and volunteers for non-profit entities. As owner/operator of four successful businesses, Anne has proven people skills and enjoys helping clients find the right "fit" in business ownership. Visit www.FranchiseOpportunitySpecialist.com for more information about me and my company. - Visit Anne Barr's Website

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With nearly two decades in the advertising and design business, with clients like Domino's Pizza, General Motors, Direct TV, Pedigree, Wolfgang Puck, Higher Octave Music, Hollywood Celebrity Products, Disney, and Paramount, as well as thousands of entrepreneurs around the world define, structure, communicate, and position their business for greater profits, BrandU(R) co-creators Kim Castle and W. Vito Montone discovered that entrepreneurs could experience the same power that big brands command for a fraction of the cost with the world's only process-based results-drive Integral approach to business creation. BrandU(R) is helping entrepreneurs grow with the power of extreme clarity from idea...to brand...to market(TM) and helping one million entrepreneurs become successful and whole so that they can make a difference in the world. Are you one of them? If you want to experience clarity all the way to the bank(TM), get started now at http://www.brandu.com. - Visit Kim Castle's Website

David Acheson
David Acheson is the founder of DCJA Consultancy. DCJA Consultancy is a management consultancy business specialising in B2B sales consultancy. They offer bespoke and packaged sales consultancy including Sales Optimisation Review, Interim Sales Management, Sales & Marketing Review, 1:1 Sales & Management Staff Analysis, Management Training, Solution Sales Training, Creation of New Pay Plan, KPI's, run Customer Feedback Campaigns, assist with Recruitment, Coaching, Appraisals and set up Strategic Marketing Campaigns.  David spent his early career in accountancy and then moved into sales in 1982, working in Office Equipment, IT, Advertising, Training, Outsourcing and Consultancy. He has held many Senior Positions in SMBs and Global Organisations including Head of Sales Operations & Head of Business Development. His knowledge, skills and great experience of the Sales Industry has led to David making keynote speeches and running educational sessions to key businesses through organisations including The Chamber of Commerce and Business Link. - Visit David Acheson's Website


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David Carter
(Visit David's Website) David Carter is the owner of Scramjet Strategies, a business consulting and professional coaching company. David draws on more than 33 years of success as an experienced business executive, entrepreneur, strategist, trusted advisor and dedicated community leader. His career has taken him around the world living and working in the US, New Zealand and the UK. He has held senior executive positions within the Thomson Corporation, Wolters Kluwer, and Ziff-Davis publishing companies. David’s leadership positions have been in large and small organizations. In addition, he successfully founded and developed two businesses: American Trade Exchange, an import and export company, and a PC Systems Development and Training company. These have provided excellent environments to "practice what he teaches." David is the coaching partner of Gazelles International for the Greater Philadelphia MSA, and one of only 80 coaches in the world qualified to teach Mastering the Rockefeller Habits and its One-Page Strategic Plan and "best practices." Contact David at (215) 732-2230, or email him at dcarter@scramjetstrategies.com, or visit www.scramjetstrategies.com.

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