As leaders, we forecast, we provide direction, interpret existing data and determine our organisation's future, we are visionaries. But how many times have we seen comments about the future that in hindsight were off the mark. Comments like “640K ought to be enough for anybody.” Bill Gates in 1981 or if we go further, remember “We don’t like their sound, and guitar music is on the way out.” Decca Recording Co. rejecting the Beatles, 1962.
One strategy so you don't fall into people losing trust in you because of a previous comment is what Bill Gates have done: initiate transformative leadership. There are many opportunities for transformative leadership. Those who are unsure of their approach, can use this Ohio Literacy Resource Center Leadership Institute exercise that is helpful in determining your transformative leadership leanings. And of course there are others out there with just a quick Google search. In the midst of economic turmoil [For up to the minute market updates, try checking Yahoo Finance] and perceived bleak financial landscape, transformative leadership comes very handy as a mode of ensuring continuous loyalty from your stakeholders.
TAGS: Transformative Leadership
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