There's one thing that all leaders do well. It's not managing or even having great ideas.
Karin Sebelin's insight:
What differentiates good deciders from the rest of us is patternrecognition, the ability to see the generic and lasting patterns that underpin localized and ephemeral data.
Why do patterns matter?
Business leaders with good pattern recognition skills see another dimension to data -- like an aviation engineer who can see the wind flow around a wing when we see only a two-dimensional blueprint; the map-maker who can picture the entire landscape while we see only the contours on the page.
I am not bound to win, but I am bound to be true. I am not bound to succeed, but I am bound to live by the light that I have. I must stand with anybody that stands right, and stand with him while he is right, and part with him when he goes wrong.
The author says: "The problem with leadership is that we're making copycats. We study the road leaders take and all try to take the same road, creating creative gridlock. We need more road-makers, more people to follow the spirit of these leaders' steps, not their actual path. We need more history-bending figures that seem bigger than life, able to do things that the rest of us see as impossible. In two words, we need more "iconic leaders."
There are three factors that "iconic" leaders have:
1.) The first is a sense of their own, center of the Earth, core values. Such values are discovered, not taught, not adopted. 2.) The second element is that they know their great gift. Great gifts are much more specific than talents, strengths or abilities. How about finding if you have this gift? Here's the test if you have this great gift: You cannot not do it. When your mind is idle, your great gift kicks in. If you go days without using it, you feel like you've neglected a friend. 3.) The third element is a "cross-trained intuition." Leaders seem to know what the right thing to do is, even when others don't.
If you put these factors together, you unleash a process called the "genius effect." It begins when you notice that the status quo offends you. You get mad, even outraged. The source of this anger, if you trace it back, is that the way things are violates your core values.Your value compels you to action,
Sometimes my own status quo, things that don't correspond to my core values, make me somehow angry and then I feel the strong need to act. You cannot escape your own core values when they are a part of yourself - you only can act and react. For me it is a kind of reduction, that brings me down to earth, but also a means to know who I am and to realize how strong my values are.
Here are some of Costolo's tips for successful leadership as he guides Twitter toward a possible entrance onto Wall Street.
Karin Sebelin's insight:
1. Don't try to make friends. "As a leader, you need to care deeply, deeply about your people while not worrying or really even caring about what they think about you," Costolo said. "Managing by trying to be liked is the path to ruin."
Costolo admits this is easier said than done, but added it's important to avoid simply telling your employees what they want to hear. Don't apologize for making a tough decision, he said, be confident and clear when dictating what must be done.
2. There are many different ways to be a successful leader. Often, particularly in Silicon Valley, successful CEOs are overanalyzed and placed under a microscope. "We take notes and we feverishly try to imitate what they've done to be successful," Costolo said. "The reality is, these people are the same people they were 10 years ago, and are going to be 10 years from now when it may not work at all for them.
The very same person they are today that's lionized may be frowned upon 10 years from now." Leadership techniques change, so it's vital to understand there are many paths to success.
3. Be transparent. "The way you build trust with your people is by being forthright and clear with them from day one," he said. "You may think people are fooled when you tell them what they want to hear. They are not fooled." As a leader, people are always looking at you, Costolo continued. Don't lose their trust by failing to provide transparency in your decisions and critiques.
Do you have what it takes to be a leader in the businesses of the future? Plenty of companies are worried that the pool might not be big enough to pick from in the future, so check out this infographic by NowSourcing to see if you’ve got the right stuff to succeed.