How can leadership training help YOUR bottom line?

“We’ve always done it that way!”

A phrase spoken by owners, managers, and employees when a business is failing or operating below its true potential. And what is that way? Most often, it’s not the old-style patriarchal leadership way. When it comes to progress and success in today’s competitive environment, authoritarian business leaders are as effective as kings and dictators are for their nations’ economies.

They control their people but, in doing so, they create an environment of stagnation that fails to tap into their population’s talents and ambitions. Leadership training can help a business owner learn how to lead people in a way that brings out their best and encourages them to take ownership.

In a diverse country such as America, this also requires knowledge about generational and cultural differences and the best approaches to communicate and motivate each one.

“The best leaders and managers invite staff to fully invest in their success.” As a highly successful business owner stated at a CEO conference.

The top-down, one-way communication style died in 1988, yet some [small business owners] still use it because they are used to making all the decisions. This holds very true today.

With today’s demographics and worker shortages, small businesses need to have a very solid plan for attraction, retention, and succession. All that starts with the leader’s vision and leadership style.

Demand and control as an effective management style is dead — or, at least, on its way out –because that’s not a style that will work with younger employers. You need to engage them if you want to keep them, and if you want to keep them you have to understand where you want to go, and they have to see you as a person who wants to develop them.

Another benefit of leadership training for small business owners is that they can use what they have learned and pass it on to their team. In many ways, today’s best leaders are the ones who can instill leadership skills in all their employees.

But many experts and studies have shown, part of that means that the leader must know how to walk the talk.

Integrity is a big part of this.

You will not be motivated, and you will not lead people well if you say one thing and are doing something else entirely. Leadership by example is one of the strongest ways to get alignment and alignment is key to achieving your goals.

What leadership training have you completed in the last year? In the past 5 years?

Have you used what you learned in your business?

Having leadership training in your business is critical to business success nowadays.