All the effective leaders I have encountered – both those I worked with and those I merely watched – knew four simple things: a leader is someone who has followers; popularity is not leadership, results are; leaders are highly visible, they set examples; leadership is not rank, privilege, titles, or money, it is responsibility. Effective leaders delegate, but they do not delegate the one thing that will set the standards. They do it.
Point: Don’t expect to retain the respect of your employees if you completely delegate the central function of your enterprise, whether it is healing patients or selling bonds.
Today’s MMM was taken entirely from the thoughts of Peter Drucker in the book, “The Leader of the Future”.