The Importance Of Risk Taking In Leadership

All leaders have a clear vision for their lives.

They are willing to go through tough waters to achieve their vision.

However, they know that the greater their vision, the greater the focus needed, the greater the risks taken, and hopefully, the greater the reward.

Wondering how to take risks and step out your comfort zone?

The Importance Of Risk Taking In Leadership

Taking risks means stepping outside of your comfort zone.

Furthermore, risk taking is an inherent human trait and plays a major part in the life of leaders.

Risk taking may depend on the leader’s age, generation and financial background.

Risk taking is contagious. When your team sees you initiating risks and stepping out of your comfort zone, they ble will feel more comfortable doing the same.

For the past few years, risk taking has been treated like a disease.

Nowadays, taking risks is valued because it provides opportunities even though the consequences can be disastrous.

I believe that the old saying “with high risks come high rewards” is still defensible.

Taking risks is not reckless as long as they are calculated.

Why should leaders take risks?

Some people try to avoid risks and others fearlessly walk straight into it.

However, leaders are willing and obligated to take risks.

The key rewards of risk taking as a leader include longevity, meaningful experiences, increased finance, and a more motivated, loyal and trustworthy team.

People don’t take risks simply because of fear. They are generally afraid of failure, of success, of being vulnerable, being wrong, or admitting their errors and limits.

How to take calculated risks?

Risk taking can be an effective leadership strategy. To take calculated risks:

  1. Define clear goals and a vision.
  2. Gather information to estimate your risks. Do your research to unveil potential obstacles and give yourself time to find a solution.
  3. Measure your resources and the costs of your actions.
  4. Take a moment to evaluate the negative and the positive outcomes of your decisions. Study the pros and the cons to make the right decisions.
  5. Do something that scares you everyday. Get out your routine and try new activities to uncover your limits and who you truly are.
  6. Be aware of your own abilities and surround yourself with people with complementary skills.
  7. Learn to trust yourself and your decisions. It is important to listen to your gut, to distinguish your intuition from your emotions, to avoid overthinking or over-analyzing your decisions.
  8. Understand that you are your only limit and that you set your goals.
  9. Increase your emotional intelligence. Don’t let your fears make decisions for you. What ifs will stop you from taking chances.
  10. Learn from your past failures.
  11. Practice taking risks and prepare yourself for rejection. Rejection is not as bad as it seems and usually doesn’t last as long as regret. Regretting a moment or a situation is definitely worse than being rejected.
  12. Avoid spreading your self thin, examine opportunities that come your way, and learn to say no to opportunities that seem too good to be true.
  13. Test your ideas to a wise sounding board that you trust and that can be candid with you.
  14. Be reactive. Be on the lookout for possible breakthroughs or setbacks, and be ready to correct mistakes.
  15. Embrace change and always expect the unexpected.
  16. Don’t try to be perfect. In case of failure from risk-taking, practice forgiveness. and failing forward.
  17. Don’t make assumptions and keep learning.
  18. Become resilient.

Last Words Of Advice!

In life as in work, risk is inevitable just like failure is. Remember:

  • Fortune favors the bold.
  • The risk is always worth being taken and can be life-changing.
  • Don’t be too overconfident or completely eradicate fear in order to properly estimate risks.
  • Recognizing the positive outcomes of your risk taking will create momentum and gain in confidence so you can do it again.

Let me know when was the last time you have taken risks and what was your reward?

Hope that I’ve helped you get it together on your way to leadership!

Don’t forget to like, share and leave a comment below.

Overcoming Procrastination & Becoming More Proactive

Whether you work from home or go to the office, procrastination plagues everybody.

However, a leader has no room for procrastination. Leaders who procrastinate are ineffective, unproductive and unaware of their own abilities.

They are unable to make the right decisions at the right time, to take action, to bring forth their vision, to reach their goals, to effectively manage their time, to discipline their thoughts and behavior, to properly manage uncertainty.

Consequently, followers start questioning their leadership potential and credibility.

Wondering how to stop procrastinating and to become much more proactive?

Overcoming Procrastination & Becoming More Proactive

What is procrastination?

Contrary to popular belief, procrastination is not being lazy. Instead, procrastination is a defense mechanism.

Procrastination is the action of putting off an important yet unpleasant task, it is avoiding pain and pushing it back for later, it is neither starting nor completing a task.

Procrastination is ruled by fear, memories, avoidance of negative emotions, avoidance of pressure. Procrastination is often times linked to being a perfectionist.

Everybody procrastinates in different areas of their lives. You are a procrastinator if you:

  • lack motivation and resilience.
  • are often overwhelmed and frozen by tasks at work.
  • are afraid of failure or success, are afraid or paralyzed by the limelight.
  • don’t know where to start, are waiting for the right time and for everything to be perfect.
  • don’t find the time.
  • don’t feel like doing anything.
  • are waiting for all your ducks to line up in a row.
  • make excuses for your excuses.
  • doubt yourself and the task that you have to undertake.
  • don’t meet deadlines at work.
  • unable to make decisions or are motivated by the last minutes pressure.

How to stop procrastinating?

Leaders don’t have the luxury to procrastinate because it is similar to self-sabotage. However, they are all subject to it to some extent.

Indeed, the more the task is daunting , the more we push it back. The more we push it back, the less time we have, the more the task becomes daunting.

Stop procrastinating will help you gain a sense of satisfaction and will increase your chances of success.

  1. Take care of yourself first and foremost. Procrastination can affect different aspect of their lives as well.
  2. Assess your strengths and weaknesses, be confident in your own abilities and maximize your potential.
  3. Stay positive, think about your past successes and boost your leadership self-esteem.
  4. Identify your purpose, your goals and understand the 80/20 Principle.
  5. Find meaning and satisfaction in your job.
  6. Learn self-discipline and increase your emotional intelligence. This will help you monitor what you say about yourself and to yourself, make clear and immediate decisions, to fight and understand your emotions. Don’t be afraid of challenging the status quo. Don’t let fear dictate your behavior and your decisions.
  7. Avoid overwhelming yourself, overthinking or over-analyzing a task. Measuring how difficult the task is and being afraid of failure will deter you from achieving any consequential result.
  8. Our perception of pain is programmed by past society and by past experiences. To get rid of that perception, visualize your success and your task accomplished.
  9. Write down what you have been procrastinating on and why. Write down 3 tasks that you must do. Work 5 minutes on each task successively without distraction.
  10. Break down on task in smaller feasible steps. Take the first step, focus on one step at a time and create momentum.
  11. Prioritize these steps: discern urgent tasks from important tasks, use the 80/20 principle. Take care of the hardest and most important task first and focus your energy on that.
  12. Estimate and isolate the time needed to execute your task. You can set a deadline and use a timer
  13. Commit to your tasks.
  14. Measure your progress and remind yourself of your accomplishments.
  15. To manage your time appropriately, anticipate obstacles, withstand challenges and find solutions.
  16. Make sure that your workspace is organized  for the work at hand.
  17. Stay away from distractions. Stay away from internet and social media, turn off your phone, don’t check your emails.
  18. Develop a sense of urgency. It is critical to remind yourself that you will lose the opportunity, to remind yourself of the consequences of not making decisions or taking action, to remember that there is no right time to accomplish your task.
  19. Create a vision board in order to better visualize your goals.
  20. Create a routine and aim for the long-term.
  21. Don’t try to be perfect.
  22. Surround yourself with like-minded people.
  23. Watch motivational videos to get you started.

Don’t wait until you are 100% sure.  The perfect time is now.

Hope that I’ve helped you get it together on your way to leadership!

Don’t forget to like, share and leave a comment below.

The Importance Of Successfully Leading Through Change

To remain competitive, most organizations stay up to date on every technology, continually propose innovative products and always embrace change. However, putting change into practice is much more complex than it appears.

To that effect, effective leaders have to be confident, self-aware, self-assured, strategic, adaptable, bold, resourceful, driven, accountable and able to think on their feet. Needless to say, ineffective leadership hinders change, creates mistrust, disengagement, misalignment and a loss of moral among employees.

Wondering how to successfully lead change and overcome resistance?

Leading Through Change

Change is a part of life, is a constant and is inevitable. Change shakes things up, disrupts old habits, breathes new life into the workplace and into any project.

It has the ability to stimulate interest in a job and can be perceived as a new challenge. It also creates an opportunity for promotion and to learn new skills.

Change becomes compulsory and evident in the workplace during societal movements, when the values and beliefs of both leaders and employees no longer match those of the company. Change also happens when the organization requires new skills, new products or services, policies update, restructuring, or relocation.

Resistance to change

Change brings about an initial resistance, can easily become chaotic and unstable. When faced with change, most people believe that they will:

  • potentially lose their current position,
  • be demoted, that their career will eventually suffer or that their hard work will be devalued,
  • be working for a lower salary,
  • lose control over their own life,
  • live in the unknown.

The unknown generates strong emotions in people. Therefore, employees tend to resist change when they are surprised or unprepared, don’t understand the reasons for the change, are not implicated enough in the decision-making process.

Indeed, some people will openly express their resistance to change, some will voluntarily sabotage change, others will quietly and passively express their discontent. It is the role of the leader to temper such behavior and push change.

How to implement change?

The leaders must visibly act out the change, must be ready to do things differently and to think otherwise. To lead the change process from start to finish:

  1. Assess your own ability to handle change. Before undertaking such mission, ensure that you believe in the change and that it doesn’t go against your principles. In addition, keep in mind that reacting to the change is much more difficult than initiating it. Either you can start the movement, participate in it or suffer and react to it.
  2. Stay disciplined, resilient and patient. The change process is slow and everybody moves at their own pace.
  3. Learn to communicate your vision which encompasses your values and morals.
  4. Be authentic and transparent in order to build trust and to improve relationships. Change is much more difficult to implement when there is a climate of mistrust.
  5. Be open to feedback and to making alterations to the original plan of action.
  6. Ask probing questions to key employees, acknowledge that you don’t know all the answers and be open to learn continually. This will allow you to gather appropriate information, to anticipate issues, to maximize effort.
  7. Evaluate the right amount of change you want to implement. You don’t want to overwhelm or burn out your employees .
  8. Calculate the costs and determine the feasibility of the change to ensure that it doesn’t get out of control. It becomes critical to motivate the necessary time and resources, to place emphasis on the value and sustainability of change.
  9. Analyze the consequences of change before undertaking anything.
  10. Understand the company culture, its values and beliefs in order to best present ideas and to determine a proper structure.
  11. Design a clear strategy and outcome for the process. For example, you can break the change process into smaller steps, prioritize them and create metrics to measure progress.
  12. Identify the influencers and the people who are open to change in your organization. Find informal leaders in your organization, who will motivate others and who will instill pride in their work.
  13. Discuss the implications of change with your employees and increase the number of meetings if necessary. Listen to the questions and concerns of your employees. It is necessary to reassure people about the upcoming changes by explaining to them the reasons and the benefits for change.
  14. Directly address problems, don’t micromanage and don’t openly criticize dissenting voices in order to shut them up.
  15. Keep your energy up during the process, motivate your team and show them the positive sides of the transformation. Persuade your employees that they will benefit from the change to increase commitment.
  16. Encourage collaboration on your team, mitigate conflicts and maintain harmony as much as possible because emotions are high.
  17. Set high expectations and give your team the confidence to deal with changes and gain their approval every step of the way.
  18. Give your employees more ownership of their work to increase commitment.
  19. Expect setbacks. Understand that the risks are worth the rewards and that it is OK to fail. People don’t take risks when there are no personal rewards, there is no clemency towards failure.

Hope that I’ve helped you get it together on your way to leadership!

Don’t forget to like, share and leave a comment below.

The Importance Of Resilience In Leadership

Adversity comes from various sources at work: people, change, rumors, lies, conflicts, differences in values or beliefs, decisions taken beyond your control.

When feeling challenged or blocked, people react in different manner (passivity, hopelessness, anger, blame shifting, avoidance, etc …).

Hoping that life or work is made of only happy, positive moments is an illusion. If you are submerged with setbacks, learn to discreetly deal with them and with the emotions that they bring.

Wondering how to build up your resilience and face adversity head on?

Resilience In Leadership

What is resilience?

Resilience is the ability to function under pressure, to skillfully master stressful situations.

In addition, resilience is a mindset that focuses on the essentials and your personal growth. In fact, it changes your perspective on a tough situations, shifts the focus from our self to a goal or a purpose, and removes the pressures of running after success.

That being said, resilient leaders demonstrate similar behaviors, beliefs and values in challenging times. Resilient leaders:

  • Find opportunity in failure. Resilient leaders are unafraid to fail or to succeed. Furthermore, they don’t stay down when they have been put down.
  • Are able to draw strength from within and to survive ridicule, undermining, alienation, manipulation and what people say and think about you. They have a deep understanding of self and belive that they cannot be moved no matter the circumstances.
  • Face obstacles head on because they understand that pain is inevitable in life. They are pioneers, the firsts tp experience everything and to face obstacles before everyone.
  • Have faith that there is always a solution and that they will find a way. They remain optimistic in adversity, believe that it is just a phase of life and that they can create a positive outcome out of any situation.
  • Are accountable for their actions, don’t shift blame, don’t complain uselessly or make excuses for themselves. 
  • Are able to respond to the demands placed upon them.
  • Effectively manage time.
  • Set high standards for themselves.
  • Are willing to go through uncomfortable situations to get where they are going and understand that these situations are part of life.
  • Are selective of the people they surround themselves with and the people they look up to.
  • Have strong coping mechanisms.
  • Know that you are not the only one facing adversity.
  • Welcome change.

What are the benefits of resilience in leadership?

Moreover, resilience will determine how far you will go in your career or in life. On the long run, in the workplace, it helps you grow as a person, it increases job satisfaction, job performance, success and moral.

It is notorious that during challenging times, you become stronger, that you build up your character and discover your authentic self. Furthermore, you learn from your failures, you learn to do the right thing in wrong situations, even when nobody is looking.

How to build and boost personal resilience?

To measure resilience, it is important to look at a leader’s behavior, emotional response during challenging times. To build up your resilience and the resilience of your team:

  1. Recognize that you are only human and that you will make mistakes. Being human is not an excuse for purposefully making mistakes or for creating setbacks for yourself or for others.
  2. Be self-aware, self-efficient, and adaptable to any situations. This step is detrimental to identify your stressors and anticipate your reaction.
  3. Realize that everyone faces adversity and that behind every obstacle lies an opportunity.
  4. Change your perspective and see adversity as a challenge.
  5. Share positive experiences and values with people around you.
  6. Discern the essential from the rest. Then, commit to these essentials. If you haven’t committed to your essentials, trials will seem insurmountable.
  7. Invest your time and energy rightfully and purposefully. Make sure you persist and put your energy behind the right goals.
  8. Discipline yourself and your emotions to be able to work under pressure.
  9. Accept that there will be things that you cannot control.
  10. Take care of your mental health and find ways to evacuate the effect of negativity.
  11. Avoid taking setbacks or failures personally.
  12. Reinforce your coping mechanisms, find strong people to support you and seek a sounding board who can bring new perspectives on an issue.
  13. If all fails, turn over a new leaf.

How to build and boost resilience in your team?

Team members are always looking for reassurance. When they don’t have it, they monitor leaders behavior and can possibly start false rumors. To reassure them:

  1. Remember that your team observe you and rely on you the most. Therefore, demonstrate the behavior required for success and for overcoming adversity.
  2. Deal with employees that have made mistakes quickly, before they seem acceptable, and with a cool head. When emotions are high, it becomes difficult to think straight, to make the right decisions, and to behave professionally.
  3. Help your team identify the origin of the issue, different strategies for improvement, for the problem-solving process.
  4. Be as transparent as possible and let them understand the difficulty of the situations.
  5. Treat people with respect and not as commodities. For example, try listening to their concerns without emitting judgement.
  6. Provide trainings to your team and allow them t learn skills such as goal-setting, conflict resolution or decision-making and apply them with confidence.
  7. Provide tools to measure progress and to control the damage done to ensure that what brought up the problem does not recur.
  8. Congratulate them, reward them on successes.
  9. Avoid punishing or reminding people of their past mistakes.

Hope that I’ve helped you get it together on your way to leadership!

Don’t forget to like, share and leave a comment below.