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5 Key Habits of Great Leaders (Achieve Excellence In Business)

https://www.smartskill97.com/2022/09/5-key-habits-of-great-leaders-and-Qualities-of-a-Good-Leader.html

Introduction 


The One Minute Manager

Book by Ken Blanchard and Spencer Johnson


The One Minute Manager is a short book by Ken Blanchard and Spencer Johnson. Based on the all-time #1 Bestseller on managing Your work and Life. The brief volume tells a story, recounting three techniques and of an effective manager: one minute goals, one minute praisings, and one minute reprimands. This book helps to make you a good leader and great leader. Each of these takes only a minute but is purportedly of lasting benefit.


This is a very Effective Book to Become a Good leader and Great leader. It helps to achieve your company goals, visions and how to make the company profitable. Instead of setting out the goals, One Minute Manager listens to the input and works side-by-side with employees to develop a roadmap. Once the goals are aligned, each goal is described with one A4 page. It should not be longer than a paragraph or two, so it can be read and reviewed in about a minute.


One-minute managers' concept of becoming a good leader and great leader.  don't set goals for their people. They help their people to develop their own goals.


The one-minute manager's three secrets

One-minute goals. Goals create clarity about what is most important in Business. 

One-minute praisings. Praisings builds confidence and impower to others.

One-minute redirects address mistakes.

1) What are the Qualities of a good leader or Great leaders?

Before I start explaining about Qualities of a Good leader and Great leaders. Firstly we need to understand the Leadership and leaders in entrepreneurship, who are called good leaders or great leaders in entrepreneurship. In all Businesses growth of companies, it depends on their company leaders or managers. 


Generally 2 types of leaders or managers have in the Business industries. First one is Autocratic and the second one is Democratic. Autocratic leaders ultimately help to complete companies goals, visions and profits shortly and effectively, but employees don't like them. 


Democratic leaders or managers as well as helping employees rather than to achieve companies goals, visions and profits. But company employees like them. Both don't Have the sufficient qualities of a good leader or great leader.


Good leaders and Great leaders both are the personality person for a business, who are good at achieving company goals, visions, and making the business profitable and focusing on business stability and growth as well as company employees being happy with them. 

2) What are the habits of great leaders?

Great leaders | Qualities of a good leader

Credit: freepik


Leadership habits: 7 Habits of Highly Effective People

Book by Stephen Covey

1. Leadership Habit 1: Being Proactive

Generally 2 Types of people in our society. The first one is proactive people and the second one is reactive people. The author talks about the first type of proactive people, who take 100% responsibility for the actions they take and the situations they are in, focusing on things you can change, not on the things which you can't.


Author talks about reactive people, they love to play the blame game, usually this type of people, always blaming others for their situations, and all aspects of life.  Example: I'm not the luckiest person, our government is not good, that's why I can't become successful in life, and my company boss is not good, that's why I'm not growing in my life, and last people aren't good in our society. 


So learning this habit is proactive, it means don't blame others for their situations and life, and start taking actions and take 100% responsibility for your life. If you really want to achieve anything in life. 

2. Leadership Habit 2: Sharpen the Saw

Author talks about this habit, sharpen the saw, 7 Habits of highly Effective People 

Book by Stephen Covey. It's one of my favourite books. Usually most of them make the same mistakes again and again, they never focus on the important building skill set, and they don't exercise daily, at least for 30 minutes, they don't read useful and informative books at least for 15 minutes, for self growth. so that you can have a strong, healthy mentality and be physically strong.


It makes the other habits possible by improving the greatest assets we have ourselves. Physical, social, emotional, mental and lastly spiritual.

3. Leadership Habit 3: Synergize

Synergy the leadership Habit #3 The author talks about this habit, today's time most people have misconceptions about life and career. They think that to become successful in life, they can do everything by themselves. But in reality, it's not true. Always Remember in life and career, you can't do everything by yourself, you always need other people to achieve your goals and dreams. 


Synergy encourages us to work together as a team, by Synerging we increase our capabilities tremendously, which will help us in achieving your goals.

4. Leadership Habit 4: Think Win-Win

Think Win-Win situation, the leadership Habit #4 the author talks about this habit. 7 Habits of highly Effective People 

Book by Stephen Covey. He says to think in a win-win situation, this is a very powerful habit to make you a highly effective and successful person. Avoid the scarcity mentality develop abundance mentality.


Just take it as an example of a YouTubers, mostly people think why do we start collaborating with other YouTubers. Or other people, it's human nature, if we work together and collaborate with other people or YouTubers. Then you can work together perfectly and gain new subscribers for both. As well as you can add some additional meaningful value to the audience, so people that can improve their own life. 


5. Leadership Habit 5: Communication


Good communication is an essential and important skill and quality for leaders to adopt. Communication affects work ethic because people need to have good communication skills so that you can offer your point of view for anything and influence other people easily. Good communication is the part of how to deal with others in different aspects with Efficiently.


Communication skill is the most important for success in business and becoming a good leader as well. If leaders have good communication skills, then people listen to them. It helps to make you a good leader in business. And also very helpful skills for all aspects of life, building good relationships, becoming a great leader, and becoming an influencer. People trust them and follow them blindly. 

6) Leadership Habit 6: Active listening

Active Listening. It's most important and need to develop, if you're in a Entrepreneurship. And Listening skills are a must if you're a business owner. You're dealing with employees, vendors, investors, customers, and other entrepreneurs, it helps to make you a great leader in the business industry. And It's directly connected with your focus and concentration power, to focus on anything for a particular time, and listening to other people actively. It's a very important quality need to have in a great leaders or Becoming a good leader. 

7) Leadership Habit 7: Begin Meetings With Silence

Begin meetings with silence. Bezos starts each and every meetings by giving team members a half-hour to read the prepared memo before discussing it. It also helps to increase your focus and concentration power on a perticular things. You must have to develop this quality into your life then you can become a great leader and good entrepreneurs as well. 


3) What are 5 traits of a good leader?


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Credit: freepik


Key points 


One-minute managers don't set goals for their people. They help their people to develop their own goals.


The one-minute manager's three secrets

One-minute goals. Goals create clarity about what is most important.

One-minute praisings. Praisings builds confidence.

One-minute redirects address mistakes.


Secret no 1: One minute goal setting

  • Agree on your goals
  • See what good behaviour looks like
  • Write each goal on 1 paper with less than 250 words
  • Read re read taking one minute
  • Take 1 minute out once a while to look at performance 
  • See weather your behaviour match your goals or not 

Secret no 2: One minute praising

  • Tell them they you will give honest feedback to them
  • Praise people immediately
  • Tell specifically what they did right 
  • Tell how good you feel about the work that they did right and how important it is
  • Stop for a moment of silence to let them feel how good you feel
  • Encourage them to do more of the same

Secret no 3: One minute Reprimand 

  • Reprimand people immediately 
  • Tell specifically what they did wrong
  • Tell people how you feel about it. 
  • Stay silent for few seconds to let them know your feeling
  • Touch in a way to let them, know that you support them
  • Remind how much you value them
  • Reaffirm that you value them but just now happy with that work
  • Remember when its over its over

4) What are the 5 habits of excellence?

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Credit: freepik

1. Keep learning

Habit of excellence to achieve anything in life. Keep learning new skill sets and acquiring new knowledge so as to be updated yourself. This is the key of success to achieve a longer success in life, and also this is the most important quality of a great and good leader in entrepreneurships. 


Example: Becoming a lifelong learner himself, it's key to success if Bill Gates knows a thing or two about studying. He reportedly reads roughly 50 books per year, nearly one per week, and takes steps to ensure that he actually absorbs all the material he's read. It means he reads a lot of books, not only the books, he also applies them to them in their daily routines.

2. Keep growing

Keep growing and keep learning are the habits of excellence to achieve anything in life. And the most important path to achieve Real success in life, and it's important to deal with every circumstance of life and handling situations and grow yourself as well. 


Example: Elon Musk reads two books on each day, And Bill Gates, He reads roughly 50 books per year, nearly one per week, and takes steps to ensure that he actually absorbs all the material he's read.


3. Have problem solving approach


Be proactive and have a problem solving approaches, it helps to achieve excellence in entrepreneurship, personal life and professional life. and this is the good habit of every successful people have like- millionaires and billionaires. They are problem solvers personality. As different as ordinary people focusing on problems, but proactive people and problem solvers, mainly focusing on solutions, you can say those people are solutions oriented. 


Example: Before started ImagesBazar, he wants to become a model, and he tried to become as a modal but he observed, in this industry there are more fake agencies available and they were taking more money to strugglers as a modal, then he decided I will start my own company and help to them. And we will pay them and don't take the money for making portfolios as much as possible or with less money. This is the short story of Indian personality, Sandeep maheshwari is the most famous motivational speaker and an entrepreneur and CEO of imagesBazar. the world's largest collection of Indian images, with over 10 lakh photographs, videos, illustrations and 3D imagery shot by over 10,400 photographers. 

4. Smart work

Habit of excellence to achieve it, you need to work smart including hard work. Then it's possible to achieve excellence in all fields. If you're a Business owner or even if you are a college student. The Rules will be the same. But most of them do the hard work but they miss the smart work and so on they don't achieve excellence in their field. And most of us are repeating the same mistakes again and again. This is not the right approach to achieve excellence in your field. 


Example: Before starting Paytm payments app in India, when limited features were available to the Markets. for mobile recharge, paying other types of Bills and payments online using wallet features through the app, when people were facing demonetization phases of our Indian currency, Rs500, Rs.1000 and other notes included. When the update was announced at midnight, people were shocked. And that time the only Paytm app providing some more features like- mobile recharge, paying electricity bill, and other types of Bills, with using wallet payment through online the app. And finally the company became highly successful in India, just because of Vijay Shekhar Sharma he understood the market needs and he fulfilled them.

5. Keep practicing

Apply the 10,000 hours rule to achieve excellence and mastery to your field. Keep practicing. This is the proven method to work with all of them. Achieve excellence in your work. Throughout his book, Gladwell repeatedly refers to the “10 000-hour rule,” asserting that the key to achieving true expertise in any skill is simply a matter of practicing, albeit in the right way, for at least 10 000 hours.


Example: Cristiano Ronaldo is a Portuguese professional footballer who plays as a forward for Premier League club Manchester United and captains the Portugal national team. He never gets satisfied with his practice, he keeps practicing to maintain his personality of a best and professional footballer. He completed more than 10,000 hours of practicing football.


5) 7 Habits of effective leadership


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John Maxwell is one of the world’s foremost authorities on Leadership. John has trained millions of people and written over 50 books. Like many other authorities on Leadership, John would agree that Leadership is about Setting Direction, Aligning People, Motivating and Inspiring.  However, in his book “The 21 Irrefutable Laws of Leadership” published in 2007, John breaks down leadership even further.


Each of the 21 laws has its own chapter in which John shares personal stories and biographical sketches of some of history’s greatest leaders. A quick look at each law is as follows: Now I am sharing with you some 7 leadership skills which are:

1. The Law of the Lid

It states that there's a lid on or limit to our eventuality that's determined by our leadership capability. As we grow our capacities as a leader, we automatically grow our capability to impact theworld.However, so does our capability to make a bigger impact, If our leadership capability stagnates.


2. The law of Influence


Influence is the power or capacity to produce a asked result. Maxwell refers to this law numerous times throughout the book. Simply stated it says that the true measure of leadership is influence- nothing further, nothing lower. Influence is what helps fulfill the pretensions and dreams of the leader and without influence, a leader lacks the security to reach the destination. 


3. The Law of Process


Leaders are learners and their capacity to develop and ameliorate their chops distinguishes leaders from their followers. The literacy process is ongoing and a result of tone- discipline and perseverance. To quote Maxwell “ If I need to be inspired to take the way forward, also I ’ll attend anevent.However, also I ’ll engage in a process and stick with it, If I need to ameliorate. ” Maxwell asks the questions “ What's one little thing you can do further that would have a positive impact on your life or your business? And is there a commodity you can stop doing that will have the same kind of impact? ” Both are important as we strive to get a little better every day.


4. The Law of Navigation


Anyone can steer a boat but it takes a leader to chart the course, precisely, seeing where they want to go and charting the most effective course to get there. This holds true for individual leaders and for leadership brigades. To quote Maxwell “ If the leader ca n’t navigate the people through rough waters, he's liable to sink the boat. ”


5. The Law of Addition


The law of addition focuses on advancing others, not ourselves. Leadership is an act of service to others and the true leader focuses on creating value for others. The stylish place to serve is where we can add the most value to others. Leaders add value to others by valuing others and relating to what others value. True leaders ask “ How can I serve? ” Because they're concentrated on service, it’s not so important about “ What’s in it for me. ”


6. The Law of Solid Ground. 


The solid ground is solid character, living with integrity, authenticity and discipline. Trust is the foundation of leadership. It's earned or it is n’t. Character is the source of trust. We make our character by being rigorously honest, indeed when it hurts. To be authentic, we must be ourselves with everyone, not pretending to be a commodity that we are n’t. Discipline comes from doing what needs to be done whether we like it or not.


7. The Law of Respect. 


We must be strong and good of respect if we want people to admire us, to have a high opinion of us and be willing to follow our lead, because people naturally follow people with leadership chops and traits stronger than they retain. Choosing those one wishes to follow isn't accidental. People follow others who retain leadership traits they admire and respect and consider more good of respect than themselves.


6) Recommended Book



Conclusion


Overall conclusion of this blog post, today I have shared with you some habits of Great leaders and also I have shared today some Qualities of a good leader in this blog post. To understand leadership Habits and their qualities. So you can learn from this blog and start implementing today and working on yourself and you can develop these qualities into your life and become a more effective and successful entrepreneur and leader. 


And I promise you, usually I publish 2 blog posts about life and career related topics weekly. Hope! If you like this post, please comment, subscribe, and share with someone who wants to consume this type of informative content that will help to improve your life and others lives as well.


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