Who is the leader?
The purpose of the 7 Daily Nuggets is to teach us what we need to know to live a prosperous life; the things that we may not have learned or are not currently learning in church, school, home or at work. Let’s apply what we learn here and share these nuggets with others. We make a living by what we get; we make a life by what we give. Be a giver in a world of takers.
Leaders get results and the markets vote with their wallets.
Markets reward the leader. Perception is not reality, only reality is reality.
Today we contrast two companies to find out who is the leader. Leaders produce results and the markets follow the leaders (*). Market values, PEs, dividend yields, growth rates, etc, and expectations are different for different companies. Draw your own conclusions.
1. Leaders face reality. They know their history and what brought them to the present. Leaders do not tolerate mediocrity. Leaders get out of their ivory towers; get in the trenches and lead.
2. Leaders know where they are going. Leaders have a clear vision that is understood by everyone instead of being a piece of decorating art on their boardroom wall. Leaders create the right culture and the culture produces the results. Leaders create a solid strategy and execute it.
3. Leaders take action in the present, the now. Leaders make the right decisions and take immediate action. Politics are set aside to serve their clients, customers, and consumers. Leaders flip the organization pyramid upside down and serve those that are doing the work to produce the results.
4. Leaders have the courage to become leaders. Leaders are visible. Leaders don’t hide. Leaders put themselves in a position to perform. They put their character and reputation on the line. Leaders don’t hide.
5. Leaders create a learning and problem solving culture. The culture produces the results. Leaders create an entrepreneurial culture where individual and team ideas are valued and rewarded. A mediocre culture is a poisoning culture. Leaders develop the talents and abilities instead of squashing them.
6. Leaders are self-disciplined. Discipline is a skill to be learned. If a leader is not disciplined the market, the world, will do the disciplining. Ouch, that hurts! We cannot change what can be tolerated. Disciplined is learned by fixing what needs to be fixed and it needs to be fixed, period.
7. Leaders decide to make it happen. Leaders do what needs to be done when it needs to be done. Leaders create a culture of performers and leaders. Leaders do what they say they will do. Leaders create followers so more leaders emerge.
Who is the leader? This is the case where the pictures are worth more than words.
(*) I have investments in the leader!
Be blessed and be a blessing to others.
Carlos Fontana, President of Phalanx
Co-author of the book Follow to Lead (The 7 Principles to Being a Great Follower)
Author of the book PRICELESS (Sixty-Six Simple Stories of Reflection, Love, and Legacy)