Leadership Action Plan

Other Category: Financial Leadership, Management/Ownership

November 6, 2013
Dan
action plan, financial leadership, leadership

Effective leaders must not only have a vision that inspires others, but must be able to execute this vision successfully to ensure that it becomes a reality. But, how do you ensure successful execution in today’s rapidly changing and dynamic business world? Through focused and intentional leadership development.

Consider the following leadership action plan for those wanting to improve their leadership skills.

Begin with an end in mind – What does the leader need to do or know? What skills or competencies must be acquired to accomplish the goals?
Truthfully level regarding gaps – Be honest with individuals about the gap that exists between where they are currently and where they want to be. Help them develop a plan to get there and provide supportive feedback along the way.
Develop real-time learning opportunities – Give people learning assignments from real-life situations or issues. To grow, people need stretch goals and assignments.
Provide continuous feedback and support – Small group feedback can be effective and constructive.
Be sure to celebrate victories – Acknowledge and give credit and kudos to demonstrate how you and the company value people and their contributions.
Don’t allow resting on one’s laurels – Begin the cycle again with new goals and objectives for growth and development.

An individual leader may be able to effectively solve simple technical problems, but today’s complex problems require an alliance of diverse individuals and groups contributing unique knowledge, experience, and expertise. It is the workforce, in creative alliance with leadership, which drives effective change – not the individual leader.
If you want to learn more financial leadership skills, then download the free 7 Habits of Highly Effective CFOs.

[box]Strategic CFO Lab Member Extra
Access your Flash Report Execution Plan in SCFO Lab. The step-by-step plan to manage your company before your financial statements are prepared.
Click here to access your Execution Plan. Not a Lab Member?
Click here to learn more about SCFO Labs[/box]

ARTICLES YOU MIGHT LIKE

Is Mexico the New China?

June 1, 2023

In the wake of the COVID-19 pandemic and escalating tensions with China, American companies are actively seeking alternatives to mitigate their supply chain risks and reduce dependence on Chinese manufacturing. Nearshoring, the process of relocating operations closer to home, has emerged as an explosive opportunity for American and Mexican companies to collaborate like never before.

IP Valuation & Monetization For The C-Suite

April 26, 2023

Intellectual Property (IP) defines and protects the sources of goods and services in the marketplace, the products and services offered for sale and the content surrounding such offerings. Whether trademarks, patents, copyrights, or other IP, it is critical that C-Suite strategy drives and shapes the creation, valuation use and monetization of all its intellectual property.

The Accounting Gap Between Large and Small Companies

March 8, 2023

The Accounting Gap: It’s unfortunate, but true. A large gap exists between the accounting departments of large or publicly traded companies and smaller or private companies. In our past 25 years of consulting we’ve noticed that more often than not, these smaller/private companies will fill the gap with Bookkeepers, rather than the degreed Accountants/CPAs they

MARCH 28TH-31ST 2022

Days

Hours

Min

August 7-10th, 2023

Days

Hours

Min

SHARE THIS ARTICLE