Role models are committed to a particular goal and are willing to invest considerable time and diplomatic effort to trim the company’s workforce for success. This status often leads to the temptation to ignore boundaries and lose touch with the most crucial connection: The internal followers by nurturing leadership.
The executive management team is a multiplier that manifests the corporate culture. The way leaders criticise or praise, adhere to agreements, and communicate strategies and goals, whether openly or just with a select top team, is observed and shapes the actions of all employees in the company.
A flat organisational structure ensures that the company culture permeates the organisation. Direct feedback is key to understanding the concerns and challenges a company faces. Therefore, maintaining constant contact with employees to understand their perspectives and motivate them is indispensable. Announcements written by a communication department lack a personal touch, are ineffective, and do not contribute to the company’s culture.
In wealth management, external appearances are often required to strengthen partnerships or win new mandates. This involves moving into a luxurious world and enjoying considerable comforts. These external events, however, can lead to a challenge for role models, as there may not be enough time for internal communication. Elected leaders should carefully balance outward appearances with equally important internal engagements as role models.
Perhaps in 2022, it’ll be a good idea to use efficient public transportation like Verkehrsbetriebe Zürich instead of getting stuck in traffic in a preheated limousine. It’s important to keep your feet on the ground – nurturing leadership.
Source: LinkedIn
