Welcome to Leadership Tips and Risk Management Education.
The higher up one is in a business the more one identifies with it. If you are the owner, general manager, or a vice president you are the business – as far as the public and your employees are concerned. But if you’re a run-of-the-mail office worker, a clerk, a driver, a store man, you “work for them.” One the other hand, if you’re in upper middle management you probably use the word ‘we’ when you refer to action being taken by you on behalf of your employer without the teeniest bit of self-consciousness.
Somewhere along the career climb a subtle transformation takes place from working for an organization, to acceptance of one’s part in it, to being it.
Business Risk Management
So now we come to business risk management and what the truly capable “Captain of Industry” knows. Also, on how he or she uses this knowledge. “How?” you might ask. By bringing that feeling of ownership as far down the promotional pyramid as possible. Even ignoring the pyramid altogether and being all inclusive.
How do the smart captains go about this? For it’s a very subtle strategy.
It seems to the writer that they do it by deliberately engendering a feeling of ‘belonging’ in their crews. The method? Simply put, it is done by involving as many of their people as practicable in the running of the organization.
The buck stops here - but you have to trust your employees
How do they involve the many in the running of their organization? As far as leadership tips go, this is a key question. Obviously there has to be someone with whom the final decisions rest. It is said that United States President, Harry Truman had a sign on his desk which read, “The Buck Stops Here” The buck did stop there. But Truman still trusted his Commanders-in-Chiefs in the field to win the war for him. And these commanders trusted their lesser general’s to do the same, and so on down the line.
Leadership Tips : Personal recognition is important
The temptation is for the “Captain” to play it safe, “go by the book,” temper directives to conform with the status quo, err on the side of conservatism. But if the Captain is bold, he or she, with his or her able lieutenants, will contrive as many situations as possible where the crew members can contribute positively – and knowingly unto themselves – and thereby take ownership of the whole ship rather than just the anchor chain, paint-locker or the stokehold. And not only contribute important ideas, but take the credit as well as the blame.
James Hayton is a digital strategist and app developer. He has developed search techniques that have been deemed impressive by many professionals and business owners.