Transformational leaders...are those who stimulate and inspire followers to both achieve. extraordinary outcomes and, in the process, develop their own leadership capacity

WHO DOES NOT WANT TO BECOME A LEADER ?

People have long been interested in leadership throughout human history, but it has only been relatively recently that a number of formal leadership theories have emerged. My series of coaching sessions for future leaders /scions of family governed enterprises include a comprehensive questionnaire to understand leadership styles. The feedback sessions have been encouraging in the self-realization from the coachees and the desire to change and redirect.

 Here is a summary of the inputs are give in session number one.

I ask in the coaching sessions....What exactly makes a great leader? 

Do certain personality traits make people better-suited to leadership roles, or do characteristics of the situation make it more likely that certain people will take charge? When we look at the leaders around us – be it our employer or the CEO – we might find ourselves wondering exactly why these individuals excel in such positions.

Successful leadership is the result of the interaction between the traits of the leader and the situation itself (i.e., the contingency approach to leadership. They have realized that the interaction between the leader and the situation is key to understanding leadership, along with the specification of important trait and situational variables."

While many different leadership theories have emerged, most can be classified as one of eight major types:

1. "Great Man" Theories

Have you ever heard someone described as "born to lead?" According to this point of view, great leaders are simply born with the necessary internal characteristics such as charisma, confidence, intelligence, and social skills that make them natural-born leaders.

Great man theories assume that the capacity for leadership is inherent – that great leaders are born, not made. These theories often portray great leaders as heroic, mythic and destined to rise to leadership when needed. The term "Great Man" was used because, at the time, leadership was thought of primarily as a male quality, especially in terms of military leadership.

 

2. Trait Theories

Similar in some ways to Great Man theories, trait theories assume that people inherit certain qualities and traits that make them better suited to leadership. Trait theories often identify particular personality or behavioral characteristics shared by leaders. For example, traits like extroversion, self-confidence, and courage are all traits that could potentially be linked to great leaders.

If particular traits are key features of leadership, then how do we explain people who possess those qualities but are not leaders? This question is one of the difficulties in using trait theories to explain leadership. There are plenty of people who possess the personality traits associated with leadership, yet many of these people never seek out positions of leadership.

3. Contingency Theories

Contingency theories of leadership focus on particular variables related to the environment that might determine which particular style of leadership is best suited for the situation. According to this theory, no leadership style is best in all situations. Success depends upon a number of variables, including the leadership style, qualities of the followers and aspects of the situation.

 

4. Situational Theories

Situational theories propose that leaders choose the best course of action based upon situational variables. Different styles of leadership may be more appropriate for certain types of decision-making. For example, in a situation where the leader is the most knowledgeable and experienced member of a group, an authoritarian style might be most appropriate. In other instances where group members are skilled experts, a democratic style would be more effective.

5. Behavioral Theories

Behavioral theories of leadership are based upon the belief that great leaders are made, not born. Consider it the flip-side of the Great Man theories. Rooted in behaviorism, this leadership theory focuses on the actions of leaders not on mental qualities or internal states. According to this theory, people can learn to become leaders through teaching and observation.

 

6. Participative Theories

Participative leadership theories suggest that the ideal leadership style is one that takes the input of others into account. These leaders encourage participation and contributions from group members and help group members feel more relevant and committed to the decision-making process. In participative theories, however, the leader retains the right to allow the input of others.

 

7. Management Theories

Management theories, also known as transactional theories, focus on the role of supervision, organization and group performance. These theories base leadership on a system of rewards and punishments. Managerial theories are often used in business; when employees are successful, they are rewarded; when they fail, they are reprimanded or punished. Learn more about theories of transactional leadership.

 

8. Transformational Leadership Theories

Relationship theories, also known as transformational theories, focus upon the connections formed between leaders and followers. Transformational leaders mtivate and inspire people by helping group members see the importance and higher good of the task. These leaders are focused on the performance of group members, but also want each person to fulfill his or her potential. Leaders with this style often have high ethical and moral standards. This is  a type of leadership style that can inspire positive changes in those who follow. 

 Transformational leadership can be defined based on the impact that it has on followers. Transformational leaders,  garner trust, respect, and admiration from their followers. 

Transformational leaders are generally energetic, enthusiastic, and passionate. Not only are these leaders concerned and involved in the process; they are also focused on helping every member of the group succeed as well. Through the strength of their vision and personality, transformational leaders are able to inspire followers to change expectations, perceptions, and motivations to work towards common goals.

Transformational leaders...are those who stimulate and inspire followers to both achieve extraordinary outcomes and, in the process, develop their own leadership capacity.Transformational leaders help followers grow and develop into leaders by responding to individual followers' needs by empowering them and by aligning the objectives and goals  of the individual followers, the leader, the group, and the larger organization

SOME PRACTICAL TIPS:

Consider some of the following tips for how to become a better leaders and think about ways that you can implement these strategies in your worklife.

  

LET YOUR FOLLOWERS BE SELF-DIRECTIVE
Transformational leaders also provide inspirational motivation to encourage their followers to get into action. Of course, being inspirational isn't always easy. Fortunately, you don't need motivational speeches to rouse your group members. Some ideas for leadership inspiration include being genuinely passionate about ideas or goals, helping followers feel included in the process and offering recognition, praise and rewards for people's accomplishments.
 
DON’T DISCOURAGE WILD IDEAS
Intellectual stimulation is one of the hallmarks of transformational leadership. Followers need to be encouraged to express their creativity. Effective leaders should offer new challenges with ample support to achieve these goals. One way to foster creativity is to offer challenges to group members, making sure that the goals are within the grasp of their abilities. The purpose of this type of exercise is to get people to stretch their limits, but to not become discouraged by barriers to success.
 
BE A ROLE MODEL TO EMULATE
Idealized influence is another of the four key components of transformational leadership. Transformational leaders exemplify the behaviors and characteristics that they encourage in their followers. They walk the walk and talk the talk. As a result, group members admire these leaders and work to emulate these behaviors. If you want to become a better leader, work on modeling the qualities that you would like to see in your team members.
 
LET YOUR ENERGY AND PASSION BE INFECTIOUS.
Would you look to someone for guidance and leadership if they did not truly care about the goals of the group? Of course not! Great leaders are not just focused on getting group members to finish tasks; they have a genuine passion and enthusiasm for the projects they work on. Start by thinking of different ways that you can express your zeal. Let people know that you care about their progress. When one person shares something with the rest of the group, be sure to tell them how much you appreciate such contributions.
 
LISTEN WITH A CARING HEART
Another important characteristic of transformational leadership involves a focus on providing one-on-one communication with group members. Good leaders should express sincere care and concern for the members of their group both verbally and non-verbally. By keeping the lines of communication open, these leaders can ensure that group members feel able to make contributions and receive recognition for their achievements.

BECOME A VENDOR OF ENTHUSIASM
Transformational leaders have an upbeat, optimistic attitude that serves as a source of inspiration for followers. If leaders seem discouraged or apathetic, members of the group are likely to also become uninspired. Even when things look bleak and your followers start to feel disheartened, try to stay positive. This does not mean viewing things through rose-colored glasses. It simply means maintaining a sense of optimism and hope in the face of challenges.
 
BUILD ON EACH MEMBERS STRENGTHS AND CONTRIBUTIONS.
Let the members of your team know that you welcome their ideas. Leaders who encourage involvement from group members are often referred to as democratic or participative leaders. While they retain the final say over all decisions, they encourage team members to take an active role in coming up with ideas and plans. Using a democratic leadership style leads to greater commitment, more creative problem-solving and improved productivity.
 
FIND THE CARROT WHICH ALLURES
A good leader knows that offering effective recognition and rewards is one of the best ways to help followers feel appreciated and happy. It may also come as no surprise that happy people tend to perform better at work. Leaders can help group members feel happier by offering help, removing barriers to success and rewarding strong efforts.
 
LOOKOUT FOR NEW WAYS
Who says leadership is a one-way relationship? As you work toward honing your  leadership skills , don't forget to look to your followers for feedback an inspiration. Pay attention to the things that have been effective in the past and always be on the lookout for new ways to inspire, motivate and reward group members.

While these traits are often linked to effective leadership, it is important to note that few leaders possess all of these traits. Generally, a strong leader will have many of these qualities, but aspects of the situation also play an important role in determining if people are able to lead well. In many cases, it is the interaction between these traits and the situation that determines leadership quality.
 
MAKE A SELF ANALYSIS OF YOUR LEADERSHIP STYLE
Understanding your current  leadership style is essential. What are your strengths? Which areas need some improvement? One way to start assessing your skills is to take this leadership style  to get a general idea of how you lead. Once you have completed the quiz, read about the major characteristics of your dominant style. Are these qualities helping or hindering your leadership? Once you've determine which areas need some work, you can begin looking for ways to improve your leadership abilities.

CONCLUSION :

The Elements of Transformational Leadership  include Intellectual Stimulation – Transformational leaders not only challenge the status quo; they also encourage creativity among followers. The leader encourages followers to explore new ways of doing things and new opportunities to learn. 

Transformational leadership also involves offering support and encouragement to individual followers. In order to foster supportive relationships, transformational leaders keep lines of communication open so that followers feel free to share ideas and so that leaders can offer direct recognition of the unique contributions of each follower. 

Transformational leaders have a clear vision that they are able to articulate to followers. These leaders are also able to help followers experience the same passion and motivation to fulfill these goals. The transformational leader serve as a role model for followers. Because followers trust and respect the leader, they emulate this individual and internalize his or her ideals.Groups led by transformational leaders have higher levels of performance and satisfaction than groups led by other types of leaders transformational leaders - leaders who are positive, inspiring, and who empower and develop followers - are better leaders  are more valued by followers and have higher performing teams.

Good time management requires an important shift in focus from activities to results: being busy isn’t the same as being effective.

The  Top  Time Management Secrets

 of future CEO’s

Being a CEO is the secret ambition of most of the students who go through my CEO META COACH PROGRAM. Although financial & professional success is only one aspect of what makes an individual successful it is often used as the measuring stick.

I am always looking for the strategies and techniques of the hyper-successful in all aspects of life so we can learn and implement their secrets to better our own lives.  I think the question is not what do I have to do to become a CEO it is more who do I have to become ALONG THE JOURNEY

The greatest constraint you face, whether you're in a corner office or a cubicle, is time. It's a precious commodity, and often it seems there's simply not enough time in the day to get all your stuff done, or even to make a sizable dent.

Which time describes the world in which you really live, real time or clock time?The reason time management gadgets and systems don't work is that these systems are designed to manage clock time. Clock time is irrelevant. You don't live in or even have access to clock time. You live in real time, a world in which all time flies when you are having fun or drags when you are doing your taxes.

The good news is that real time is mental. It exists between your ears. You create it. Anything you create, you can manage. It's time to remove any self-sabotage or self-limitation you have around "not having enough time," or today not being "the right time" to start a business or manage your current business properly.

 It became evident to me that we would all have to become someone who has laser like focus on their priorities and someone who can manage their time to maximize their energy levels. After all, it is what we do on a daily basis compounded over time that makes all the difference in our levels of success. Whether you aspire to be a CEO or not these strategies practiced consistently will be a huge help in reaching whatever goals you set for yourself.

The  Top  Time Management Secrets of future CEO’s

1. Only touch a task once
Whether it's an email, letter, voicemail, only handle it when you have time to reply. If you're dealing with it when you don't have a chance to respond you're wasting your time by handling it twice and spending too much time thinking about it.

2.Take time to think and plan your days

Be strategic. Strategy is more than a buzzword. Not all the work we do is of equal value, and being strategic means making distinctions between high-priority work and less pressing work. Being a strategic worker means having specific, measurable goals, and allocating your time to activities that advance those goals. For starters, identify one key priority to accomplish every day, and begin your day with that important task

Make a List of things to do and NOT to do.Make a daily list with the 6 most critical tasks that must get done today. I started doing this about a year and a half ago every morning when I wake up. It's amazing when you really prioritize what needs to get done, how much more likely you are to achieve it. Part of the key to time management is carving out time to think, as opposed to constantly reacting. And during that thinking time, you're not only thinking strategically, thinking proactively, thinking longer-term, but you're literally thinking about what is urgent versus important, and trying to strike that right balance.

3. Estimate Each Task for time over-runs
Plan how long each of these tasks will take. Be realistic and keep track of how long they take you so that you can accurately estimate your time for future tasks.

4. Assign time slots.
Assign time slots during your day for accomplishing each task. If you don't have enough time slots in the day you may need to change some meetings or scheduled events to meet your top priorities.

5. Rethink your Open Door Policy

Re-condition the expectations of others as to your availability and their claim on your time - use an activity planner to help you justify why you and not others should be prioritising your activities and time.Challenge your own tendency to say 'yes' without scrutinising the request - start asking and probing what's involved - find out what the real expectations and needs are.

6. Complete Each Task you started or atleast to the milestone point.Systematically approach each task in order of priority and don't go onto the next task until the previous one is complete. Multitasking often leads to both tasks taking longer overall than focusing on one thing at a time.

7 Take stock of your prime time wasters

Really think about how you currently spend your time. If you don't know, keep a time log for a few days Knowing exactly what's wrong is the first step to improving it.

 Check out the survey's top 10 time-wasting activities many wannabe CEO's do and try to rationalize it with all pseudo arguments........

1. Surfing the Internet -- 44.7 percent
2. Socializing with co-workers -- 23.4 percent
3. Conducting personal business -- 6.8 percent
4. Spacing out -- 3.9 percent
5. Running errands off-premise -- 3.1 percent
6. Making personal phone calls -- 2.3 percent
7. Applying for other jobs -- 1.3 percent
8. Planning personal events -- 1.0 percent
9. Arriving late/leaving early -- 1.0 percent
10. Other -- 12.5 percent

8. Time Management begins anew each day 
Evaluate Your Day. Anything not completed in a day should go on your next day's list of priorities.If you can end each day knowing you've accomplished the six most critical steps you'll be well on your way to mastering your to-do list, your time and your energy.

9. Delegate as much as possible to others.

If you have one, give 25% of your responsibility to your successor. You don't need to be a manager to delegate. Just asking nicely is sometimes all that's required to turn one of your difficult tasks into an easy one for somebody else better able to do it. Figure out what you can delegate. Often, there’s more you can delegate than you actually want to. Start by making a list of the things that only you can do:  Then make a list of all the other things you do: this is where the opportunities abound for delegation. Once you understand what others can do, you can put more energy against doing unique tasks that only you can do, or what you are best at. Hire people who are smarter than you. When building a cohesive team, the most successful CEOs will often look for people who excel in areas they do not: this will allow you to focus your time on what you do best

10. Move to the NEXT level of time management

Give every day of your life a special theme..This includes being efficient and proactive (using any tools above) places goals and roles as the controlling element of the system and favors importance over urgency. This approach implies spending some time in clarifying values and priorities. It seems that there is never enough time in the day. But, since we all get the same 24 hours, why is it that some people achieve so much more with their time than others? The answer lies in good time management.

Good time management requires an important shift in focus from activities to results: being busy isn’t the same as being effective. (Ironically, the opposite is often closer to the truth.)Spending your day in a frenzy of activity often achieves less, because you’re dividing your attention between so many different tasks. Good time management lets you work smarter – not harder – so you get more done in less time.If you use discipline and determination it will guide you to success. These strategies are what are followed by many of the most successful people in the world and can help you be successful as well.