Why Does Leadership Matter?
For family companies facing a generational transition, leadership takes on crucial importance because the transition coincides with a cultural break (a once-in-30-years leadership change). That’s where the true meaning of leadership comes into play: an attitude grounded in a set of personal qualities, whose focus is on the emotional side of company management.
The success of a company, whether small or large, depends on leadership.
Specifically, for family companies transitioning from one generation to the next, leadership is crucial because the transition coincides with a cultural break (a once-in-30-years leadership change). That’s where the true meaning of leadership comes into play: an attitude grounded in a set of personal qualities, whose focus is on the emotional side of company management.
How ?
- By instilling core values
- By serving as arbitrator and judge
- By creating an ethically sound environment
- By building the self-confidence of selected colleagues, in order to manage change and risks
- By sharing your energy and enthusiasm
- By defining the destination
- By articulating management around a vision that inspires employees to achieve top performance
- Above all, leadership is a skill, and you become skilled by exercising it!
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