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Sunday, August 08, 2010

Peter Drucker on Effective Leadership


According to Peter Drucker, effective leaders do not necessarily a stereotypical charisma, but  some common characteristics: 

Effective leaders always ask :What  we need to do ?  
This simple question is designed to address business needs  and not the wishes of the leader.
 
Effective leaders always ask : what is good for business? 
Not what is good   for shareholders, employees,   manager , but what is best for the     company as a whole.  Any initiative that is beneficial to company will by definition be beneficial to these groups.

Effective leaders always think in  plural; " we " rather than "I".
Sounds easy but  very difficult in practice. 

  • Effective leaders have robust action plans, and should be continually reviewed after each success or failure. Without a plan of action, a leader  is just a prisoner of emerging developments. 
  • Effective leaders have the responsibility  of communicating action plans and seek the comments and feedback from all levels of management hierarchy.  
  • Effective leaders will always bear the  responsibility for their decisions .  
  • Effective leaders strive for their meetings to be productive . Modern business with    emphasis on teamwork and cross-departmental cooperation  involves several meetings . The effective leader clearly defines the purpose of the meeting, the way of collaboration and the processing of ideas to fulfill its purpose.
  • Effective leaders listen first and talk later.

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