As a transformational leader, you will help define the company’s vision. This concept provides a clearer vision of the objectives to be achieved, priorities, and tools for measuring results.
To make this vision compelling, you’ll need to canada email list work on your communication with the team. A clear and authentic message that’s easy to understand, visualize, and adopt! Storytelling is an excellent way to convey the company’s vision.
3. Motivate and inspire your team
The transformational leader has the ability to embody the company vision.
You’ll need to motivate, inspire, and convince your team to achieve your goals. This skill is particularly relevant during a major project: once the initial enthusiasm has “passed,” it’s important to maintain the team’s motivation over the long term!
To do this, you can highlight common results for the team and reaffirm the vision.
Want to learn how to lead a team with ambition and confidence? Learn compassionate management skills to improve your skills.
Team leadership
The “Risk” of Transformational Leadership (and How to Avoid It)
As you can see, compassionate leadership is based on trust in your team. More trust also means more autonomy and responsibility for your employees!
While some employees enjoy creat at a time when the exact relevance challenging themselves, other employees may feel stressed. In other words, transformational leadership is not suitable for all profiles, nor for environments where there is little change.
A “good” transformational leader implements personalized management. You will therefore need to understand what motivates each member in order to adapt to different profiles:
- The competitive spirit?
- The bonuses?
- Autonomy?
- Support and boost?
To understand this, talk to your employees regularly and (really) listen to them!
Have some knowledge of market finance
Don’t panic, as a manager, the organization won’t require you to have cutting-edge expertise in market finance! However, understanding basic financial elements is a plus during formal (or informal) discussions with your management. This will allow you to:
- To understand how to make the company’s capital work , particularly in terms of investment in the financial markets.
- To understand investment strategies by integrating the notion of risk and return.
5. Adopt a “finance-oriented” vision
Beyond financial management skills, mindset is a key area to work on. Focused on the future, a finance manager’s mindset requires job data understanding the organization’s economic health… and anticipating it! A true forward-thinker, you’ll need to think long-term to stay on track for growth.