No aspect of executive responsibility is easy as company leaders develop strategies to navigate their companies through the market’s inevitable ebbs and flows. Nevertheless, no aspect of a leader’s role proves more difficult than when a business strategy leads to a necessary reduction in staff.
No aspect of executive responsibility is easy as company leaders develop strategies to navigate their companies through the market’s inevitable ebbs and flows. Nevertheless, no aspect of a leader’s role proves more difficult than when a business strategy leads to a necessary reduction in staff.
Some of the greatest lessons can be found in the best Holiday movies.
For business leaders, conflict can be a four-letter word. Gossip at the water cooler, passive-aggressive comments flung back and forth at meetings, and grade-school like factions between teams plague many office settings. Although conflict may seem to entice and encourage these destructive dilemmas, conflict doesn’t have to be the enemy of a company’s work culture and productivity.
Of all the abilities an executive leader must possess, delegation may be the most crucial. Delegation is intrinsically connected to every aspect of executive leadership.
Not only does a healthy, engaged team have a direct correlation to a strong bottom line, but if a leader’s team begins to fray, splinter, and atrophy–initiating and perpetuating a revolving door of transition–the corporate and personal costs to the organization, the leader, and their team members can be exorbitant.
