The following is a guest post by Scott McGinty.
Look at a CEO of a fortune 500 company, get a sense of their personality, and then look at the CEO of a successful startup. Chances are, they’re going to be very different. One would have the mindset of relating to their employees and making a fun environment, after all, most start up’s have passionate CEO’s. Larger firms CEO’s will be more distant, and much more professional, with investors in mind. Either way though, the company leader’s identity and organizational psychology, helps guide the business foundation on vision, principles, strategy, goals and most of all, business communication.
Successful business leaders know how to keep moral high during the daily and sometimes mundane essential work that needs to be done to reach goals and finish projects efficiently and effectively. A business leader who can identify with employees about the sometimes repetitive work or mundane research and provide incentives and even a little light humor can go a long way into creating an office where everyone wants to do their work.
Even mistakes and failures are welcome challenges to a motivated business leader. Instead of losing confidence, a healthy business leader will take responsibility and use mistakes to learn and boost their efforts and the efforts of team payers. A business leader may choose to do a forensic analysis of a failed project so that mistakes aren’t repeated in the future. In fact, healthy business leaders use their failures to motivate their teams to be smarter and more innovative as they strive for success.
It’s also important for healthy business leaders to carry a vision of what success means to them and to the teams involved. Communicating and sharing that vision and allowing it to be flexible and pliable, knowing how to listen to others ideas and work with different personalities, all the while keeping that vision in sight, is the sign of a healthy business leader. Giving appropriate praise or rewards goes a long way in motivating and strengthening a team.
And at the heart of a healthy business leader is a passion for their job, which includes interpersonal communication. Healthy business leaders aren’t only out for their own good. They have an understanding of what their employees and team players need and they have a passion for communicating with everyone involved, boosting the moral of even the most difficult personality. They utilize this passion for the success and happiness of the team in making the business successful. They are happy to put in incredible amounts of energy and time in their work because they love what they do and love to inspire others to love what they do. Leading by example can certainly work for many companies.
Looking back at both CEO’s, each could learn from each one another. There’s an amount of communication lacking from large companies, and a lack of experience to bounce back from mistakes in smaller ones.