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Posted By: jbaloun / |
The success of a business is dependent on so many things. There are both internal and external factors that can play a huge role in the success or failure of a company. For the purpose of this blog, I am going to focus on one of the biggest internal factors that can determine the rise or fall of a business…its leadership team.
More often than not, companies that thrive and grow have these 3 leadership team characteristics in common:
A Dreamer: Usually the founder or CEO, this is someone with a vision and the drive to turn that vision into a reality. Someone who can inspire others and take them under their wing. The dreamer is usually not as good at details, numbers and processes but rather a “big picture” idealist and an extrovert who knows how to inspire others.
A Number Cruncher: Usually the CFO or a financial executive, this is someone who loves numbers and can keep an eye on the money. These people are usually introverts and most of the time, they aren’t natural leaders. Sometimes they have trouble communicating well or inspiring others because of their gift in analytics, not emotions. With all of that being said, they are still a vital component of every successful business.
An Accomplisher: Usually the Chief Operating Officer, this is someone who is strong at managing tasks and makes sure that projects are followed through and delivered. This person has the ability to make sure that things happen, while also making difficult personnel decisions to ensure that the company is structured effectively. They often also have strong people skills, are competitive and high-energy.
Balancing The Team For Success
Together, this trio is a true dream team! Businesses who have too much of one personality type and too little of another can decline rapidly.
You also don’t have to be a large company to have this kind of leadership team. Even if you’re a very small business, or a one or two person shop, you can still seek to balance these characteristics. For example, if you are a dreamer (say the entrepreneur of your company), you might want to hire an accountant to help you make business decisions based on your finances, or a project manager or sales manager with the ability to follow through and get things done.
A well balanced leadership team can make all the difference in not only the day to day operations of your business, but also its longevity and success. When these three personality traits come together with mutual respect, they can accomplish far more together than they can apart.
Do you have balance in your company? We’d love to hear your thoughts!