The need for good leaders in the workplace is more urgent now than ever before. With attrition rates across the world being at their highest in the past ten years, most forward-thinking companies have identified leadership strategies as one of the key areas to strengthen in order to retain employees and scale-up.
However, strengthening it is as not as easy as it seems. One could hire the best management students in the country, but still find them lacking in aspects of people management or overall organisational skills. This is why the act of ‘finding’ a leader is a continuous process, with several new strategies and techniques being developed regularly to help top management improve their leadership skills.
There are a number of successful leadership strategies that have been demonstrably effective in different organisations across multiple industries. Some of them are old school values that have been refined over the years while others are completely new and out-of-the-box ideas. So, let’s take a look at some practical strategies for leadership success:
- Interdependence among leadership
An organisational structure usually has members of its core leadership on the same level. However, in many cases, they are not in sync with each other, which causes friction between themselves and their teams. In order to combat this, it is important to invest in strategies for managing team leaders. This could be in the form of outbound gatherings, regular meetings, or bonding activities.
The aim should be to create interdependence among leaders so that they are all united for a greater cause.
- Recognition of Labour
One of the most important strategies that a leader can apply to his team is one of the simplest ones around, recognition of labour. Employees will always need motivation in their work, even if they seem outwardly satisfied. It is the duty of a good leader to appreciate and recognise the good work done by a team member.
This exercise must be carried out regularly, whenever someone has done noteworthy work or even when they have been doing their work well for a prolonged period. It is up to the management to develop a strategy for appreciation and subsequent promotions as well to highlight the resource’s importance to the team.
- Encourage Learning
It is essential for leaders to strategise and implement learning practices that will help resources develop their skills. At a high level, this involves the promotion of certification courses, as well as the implementation of newly learnt skills, on the daily job.
Another interesting way to encourage learning is through apps. There are now several apps which allow users to learn new skills and hone them to perfection. One of the effective leadership strategies includes quizlet, an easy-to-use mobile application that allows users to learn a variety of skills through fun and interactive methods.
One of the most important functions of strategic leadership is anticipation. A good leader should never be taken by surprise, whether it’s the cost of a new acquisition or a resignation letter from an employee. They must have an accurate picture of the ground level situation and based on this knowledge, they should be able to predict possible trends and incidents that will take place in the near future.
- Say No to Authoritarianism
One of the emerging trends in management and leadership is of a movement away from traditional authoritarianism. The corporate world has awoken to the fact that it needs to act in synergy in order to achieve business goals, a situation where dictatorship does not work.
These are just a few types of leadership strategies that are being implemented in the corporate world today. You can learn about several other techniques and strategies by taking a certification course on Strategic Management with IIM Kashipur .
As a global leader in e-learning and skill certification, we make it a point to equip the modern day professional with what they need to climb the ladder of success. So, if you want to know more about effective leadership strategies, then just visit our website to see what we have to offer.