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    How to Lead for Best Business Performance
    How to Lead for Best Business Performance
    How to Lead for Best Business Performance
    Ebook178 pages1 hour

    How to Lead for Best Business Performance

    By Dr Jim Porter

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    About this ebook

    Entrepreneurs Brief Guide - Volume No.6. How to Lead for Best Business Performance.

    This e-book consists of twelve “Entrepreneurs Brief Guides” for leadership success. It addresses briefly all you need to know about how to lead business for best performance; including leading mentoring, motivating teams, and delegation. It also contains independent and practical advice for entrepreneurs and business leaders. This guide is invaluable to individuals, entrepreneurs and aspiring leaders who are seeking personal growth and success.

    Learn how to: (1)Select the Right Leadership Style for Your Teams, (2)Assign Tasks to the Right People, (3)Get Your Team off to an Excellent Start, (4)Help Teams Perform, (5)Improve Job Satisfaction, (6)Delegate Work, (7) Mentor Your Employees, (8)Motivate Your Team, (9)Resolve Conflict, (10)Deal with Substandard Performer & (11)Manage creativity

    LanguageEnglish
    PublisherDr Jim Porter
    Release dateJan 20, 2012
    ISBN9781465958617
    How to Lead for Best Business Performance
    Author

    Dr Jim Porter

    Dr Jim Porter is a chartered engineer, qualified to a PhD level from London University, with more the 25 years business experience. He has worked for several multinational companies in Europe and the USA. His experience stretches from new products development, project management, new business building, profit and loss responsibility, to the creation of several successful joint ventures and acquisitions.Currently, he is a senior executive, responsible for strategy development and growth initiatives, including partnerships and new businesses building. Dr Porter is particularly interested in business incubation, helping entrepreneurs and start up business owners to achieve their personal and business objectives.Dr Porter is the author of several publications, including a book titled “How to bake your business idea and eat it”, and the creator of “Entrepreneurs Brief Guides” series.Dr Porter is a Fellow Member of several professional organizations and institutions in Europe and the USA. He can be contacted on his email TheJimPorter@gmail.com .

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      Book preview

      How to Lead for Best Business Performance - Dr Jim Porter

      How to Lead for Best Business Performance

      Entrepreneurs Brief Guide – Volume 6

      Dr Jim Porter

      This e-book consists of twelve Entrepreneurs Brief Guides for leadership success. It addresses briefly all you need to know about how to lead business for best performance; including leading mentoring, motivating teams, and delegation. It also contains independent and practical advice for entrepreneurs and business leaders. This guide is invaluable to individuals, entrepreneurs and aspiring leaders who are seeking personal growth and success.

      Learn how to:

      Select the Right Leadership Style for Your Teams

      Assign Tasks to the Right People

      Get Your Team off to an Excellent Start

      Help Teams Perform Effectively

      Improve Job Satisfaction

      Delegate Your Work in an Efficient Manner

      Mentor and Praise Your Employees

      Motivate Your Team to Perform

      Resolve Conflict

      Deal with Substandard Performers

      Manage the Creative Process

      Improve Performance Through the Balanced Scorecard

      Copyright

      How to Lead for Best Business Performance

      Dr Jim Porter

      Revision: SW.06.001

      Copyright © 2011 – All Rights Reserved.

      Smashwords Edition

      This ebook is licensed for your personal enjoyment only. This ebook may not be re-sold or given away to other people. If you would like to share this book with another person, please purchase an additional copy for each recipient. If you’re reading this book and did not purchase it, or it was not purchased for your use only, then please purchase your own copy.

      Thank you for respecting the hard work of this author.

      No part of this publication may be reproduced, stored in a retrieval system, or transmitted in any form or by any means without the written permission of the author.

      ISBN: 978-1-4659-5861-7

      Publisher: Smashwords, Inc.

      CHAPTER No.1: How to Select the Right Leadership Style for Your Team

      As business managers and leaders you may have encountered situations where you hand some work to be finished to your team member and then rush out of the office. Later, when you return, you find that the work hasn’t been completed. This situation can be overcome through the application of The Hersey Blanchard Situational Leadership Theory. Instead of focusing on and using just one style of leadership, successful leaders must change their leadership style depending on the maturity of the people they’re leading

      Learn how to:

      Appreciate the different styles of leadership

      Achieve a balance between tasks and people oriented leadership styles

      As business managers and leaders you may have encountered situations where you hand some work to be finished to your team member and then rush out of the office. Later, when you return, you find that the work hasn’t been completed. This could be because your team member had doubts about how to proceed but you weren’t there to help.

      In this situation, the team member and you as a leader are equally to blame. In order to avoid situations like this you could use the Hersey Blanchard Situational Leadership Theory.

      This publication will provide information on:

      The Hersey Blanchard Situational Leadership Theory.

      The maturity level of followers.

      How to achieve a balance between task and people oriented leadership styles; the Blake Mouton Managerial Grid.

      How to use the grid

      The Hersey Blanchard Situational Leadership Theory

      This theory was developed by Dr Paul Hersey, author Ken Blanchard and many others. The theory states that instead of focusing on and using just one style of leadership, successful leaders must change their leadership style depending on the maturity of the people they’re leading.

      Using this theory, leaders will be able to place more or less emphasis on the tasks, or on the relationship they share with the people they are dealing with.

      The different leadership styles

      Hersey and Blanchard outlined four main leadership styles:

      Telling/ Directing (S1)

      Leaders tell their followers exactly what to do, and how to do it.

      Selling/Coaching (S2)

      In this style, the leaders provide information and direction to the followers. Leaders try to sell their message to get the team on board.

      Participating/Supporting (S3)

      Here leaders focus more on the relationship and less on direction. They work with the team and share decision making responsibilities.

      Delegating (S4)

      In this style, leaders pass most of the responsibility to members of the group. They monitor the situation but are less involved in the decision making process.

      The first two styles focus more on getting the task done while the last two styles are concerned with developing the team members’ ability to work independently.

      The maturity level of followers

      Hersey and Blanchard stated that knowing when to use each style of leadership depends on the maturity level of the person being led – the follower. They have broken down maturity into four different levels:

      M1: Individuals at this level have maturity at the bottom of the scale. They lack the basic knowledge, skills, confidence and so on to work on their own. They usually require a push to take a task on.

      M2: Followers at this level might be willing to work on the task but they still don’t have the skills to do it successfully.

      M3: At this level the followers are ready and willing to help with the tasks. They are comparatively more skilled than the previous levels but are still not confident about their abilities.

      M4: The followers at this level are highly skilled, confident and are committed to their tasks. They are able to work on their own.

      Maturity levels are task related and cannot be generalized – a follower does not belong to just one level. A worker may be committed, focused and confident (level M2) yet not possess the skills to complete a particular task.

      The Hersey Blanchard model matches each leadership style with the maturity level of the followers:

      M1 matches with S1

      M2 matches with S2

      M3 matches with S3

      M4 matches with S4

      This depicts what Hersey and Blanchard considered a leadership style suitable for people of a particular maturity level.

      Low level matured people were matched with the telling style of leadership. Medium level matured individuals with limited skills were matched with the selling style of leadership. Medium level matured individuals with higher skills but lack of confidence were matched with participating style of leadership. Whereas high level matured people were matched with the delegating style of leadership.

      How to balance task and people oriented leadership; the Managerial Grid model

      The Managerial Grid model was developed in 1964 by Robert Blake and Jane Mouton. It is a behavioural leadership model which identifies five different leadership styles.

      The Managerial Grid is based upon two behavioural dimensions:

      Concern for people

      This is the degree to which a leader considers the needs of team members, their interests, areas of personal development and so on, while deciding on the best way to accomplish a task.

      Concern for production

      This is the degree to which a leader places emphasis on concrete objectives, high productivity and so on when deciding how best to accomplish a task.

      The managerial grid model is represented as a grid with concern for production on the X-axis and concern for people on the Y-axis. Each axis ranges from 1 (low) to 9 (high). Using the axis to plot leadership concerns for production versus concerns for people, Blake and Mouton defined the following five leadership styles:

      Country Club leadership (High people/ Low production)

      This style of leadership is mostly concerned with the needs and feelings of the

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