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11 February 2015

What 2 Qualities Drive Sustainable Productive Businesses?

Do you know what makes the most productive business? It is an effective manager which precedes becoming an effective entrepreneur. And the 2 most striking qualities of effective manager are:

1.    Communication-

A good manager ought to be responsive and accountable. A manager can only be responsive and accountable when he is able to communicate effectively. Therefore, communication is the medium which facilitates the flow of words between manager and his team. And when there is a flaw in this medium, there ought to be misunderstandings. This results in operational inefficiencies. Hence, managers with strong communication skills are able to convey information in a manner easily understood by the receiver.
Note- Effective communication involves patient hearing as well.

2.    Leadership-
Guy Laliberté
Leadership is a much talked about terminology. Some say leaders are born and not created which is false. When you closely observe the traits of great leaders, they have one common attribute which stands out. “To take your call”. Take Guy Lalibert√© for example. He is the founder of Cirque du Soleil which is the largest theatrical producer in the world.

In 2009, Guy desired of travelling to space. To gratify his fantasies, Guy sold a fifth of Cirque du Soleil to Dubai investors. And then he blasted into space on a Soyuz rocket.

However, Cirque’s midlife crisis sent Guy back to earth with a serious mission. The mission was to redefine Cirque’s branding and overall operations. And here’s what he said in a two-hour interview at the company’s headquarters in Montreal, “The redefining phase was difficult. And what kept me going is my ability to take a call. You must be able to decide in the harshest situations. Only then you become a great leader.”

The result? Cirque is still the world’s largest theatrical producer in the world!

A true leader is able to generate trust, provide direction and delegate responsibilities between team members.

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