Leadership & Character – Trust
/0 Comments/in Character, Leadership Qualities, Trust/by David TownI have recently been doing some reading on the process people undergo in making decisions. I am fascinated by the number of factors that influence decisions and the impact of these factors. As one would expect, logic and reasoning (assessing the pros and cons), is an important element in the decision making process. What I found intriguing is that people can make decisions that – when objectively analyzed based on the data – are decisions that are difficult to rationalize. Factors such as emotion, pre-existing perceptions and trust play a large role in the decisions we make. Leaders must be aware of these factors and their impact on decisions. In this blog post, I am going to focus on the role of trust in decision making. Read more
Important Business Leadership & Character Trait – Perseverance
/0 Comments/in Character, Leadership Qualities/by David TownIdentifying the traits, values and virtues that are present is a person of good character is a pursuit that has been going on for centuries. Aristotle identified twelve virtues that are present in someone of good character. As you might expect, the virtues are not mutually exclusive and can provide great insights to how good character impacts business leadership. For example, Aristotle included courage, practical wisdom and right ambition in his list of virtues. Many studies of leadership traits identify perseverance as an important trait that successful leaders possess. At the heart of perseverance is the concept of persistence. This is where character comes into play.
Persistence without good intentions or right ambition is problematic. It can lead to someone pushing hard to achieve outcomes that may serve an individual agenda rather to the detriment of others. Persistence without practical wisdom can lead to bad decision outcomes because it involves someone driving others to follow a path that would – under scrutiny – be seen as a poor choice. I think that perseverance is the persistent pursuit of outcomes that are both wise and good. Furthermore, it takes courage to persevere particularly in the face of failure. Thomas Edison invented the light bulb – a great accomplishment – but it took him over 2000 failed attempts to reach success. He certainly demonstrated courage to keep going. He also demonstrated wisdom and right ambition and so his perseverance is seen is a positive light. Read more
Manage with Head, Heart and Good Character Principles
/0 Comments/in Character, Leadership Principles, Leadership Qualities, Management Styles/by David TownDoes your organization hire leaders who can manage with their head, heart and good character principles? When I was in university attending business school learning about how to make decisions and be an effective leader, we were taught the importance of assembling all of the relevant data, analyzing the data and then using logical reasoning to come up with the best plan of action. Much of what we learned was about how to use our head – or our cognitive intelligence (IQ) – to make good decisions. Read more