Because running a profitable franchise or small business takes effective leadership, this week’s blog focuses on four key traits that still matter in 2016. Business success can occur independently in any of the over 3,000 different franchise concepts available to prospective franchisees, but the critical component of leadership must not only be present, but accountable. It’s always the common denominator of a flourishing organization.
Presenting four leadership traits that still matter in 2016:
Lead By Example
Some of the most successful companies include the type of management who can lead by example. Does your franchise or small business require routine sales calls to increase its incremental business? If necessary, would your boss pick up the phone and dial along with you? Statistics show that employees, staff and subordinates have more respect and admiration for management willing to roll up their sleeves and contribute to team efforts.
Leaders that have the ability to make tough decisions always rise to the top. Due to the lightning fast pace of business today, small businesses have to react—and quickly. Good leaders keep abreast of their particular market and industry news, while keeping their company on the cutting edge of competitiveness. This requires agility. The ability to think fast, react objectively and make an informed decision will never go out of style.
Be an Effective Communicator
If you’re a leader with poor communication skills, your organization will undoubtedly suffer for it. If the art of effective communication is lacking in your personal leadership style, keep in mind that it is a skill which can be coached. An effective communicator can do many things. They can cut to the chase. They can explain a difficult situation with ease. They can manage their own stressors and those of others. Effective leaders desire open communication far beyond an open door policy. Strive to be open, honest, tough, funny and fair with all of your employees. It gives you the best chance for productive dialogue on the road to success.
As a leader, the ability to inspire the absolute best performance from employees is tantamount to true success. To be inspirational, a leader must constantly seek ways to provide guidance, patience and fairness. A leader needs to be someone that everyone roots for. In turn, a good leader must root for all of his or her employees. Don’t assign blame, provide teachable moments. Don’t criticize, give compliments. Don’t browbeat staffers, but rather empower them. Provide feedback. Give credit where credit is due. Become an inspirational leader by becoming the type of manager you’d want to work for.
If you’re an owner or manager of a small business or franchise, how many of these four leadership traits do you practice on a daily basis? If you’re a potential franchisee looking for the perfect small business opportunity to change your life, will you commit to these traits? Becoming the leader of a successful small business of your own takes effort, commitment and courage. But for those who possess true leadership qualities, the task of establishing a successful business synergy will be that much easier.
At Proven Match, we believe that leadership still counts in 2016. As a franchisor, you’ll want to know which existing and potential franchisees best fit your business concept. And Proven Match is the proven solution in determining those factors. Obtain the ability to categorize your best existing franchisees for future validation efforts. And find the potential franchisees still engaged in the discovery process to add to your team. Through our proven behavioral assessment techniques, predictive analysis becomes predictive success for your franchise concept. If you’re ready to show your leadership by getting started, give us a call and we’ll put you on the path to a more effective 2016.