There are certainly many things that one can learn from the Notes on Leadership. First, lesson is that leaders begin from humble positions and through their determination and tenacity, they establish successful business. Accordingly, leaders are very persistent in their endeavors despite the fact that they do not have the necessary possess enough resources to compete with bigger well-funded corporations that are involved in the production of similar goods and services. Further, leaders should be aware of the challenges that they are likely to encounter either financially or market-wise but whatever the case, they ought not to give up. This is a clear illustration that leaders should be tenacious in order to realize what they set out to achieve.
Although leaders may set their minds towards establishing businesses in highly competitive fields, they should never do so blindly. They should conduct studies, even if not officially. Before embarking on establishing a business or any other practice in a particular field, it is important for leaders to carry out some form of research about the proposed venture. For instance, a leader may seek opinion from the experts such as financial advisers or from friends and family noting the different responses and suggestions. A comprehensive study regarding the field that one desires to exploit should be informative and to achieve this one must research the right questions and seek to find answers from the prospective clients and other stakeholders. Certainly, a good leader should be able to conduct enough field studies if the leaders are to succeed in their subsequent endeavors.
Leaders must be alive to the needs of the client and it is only through comprehensive field studies that leaders can truly understand the needs of the market and the community at large. Seeking to diversify products and services consistent with the societal diversities is an important lesson that good leaders can consider. That is, leaders must be able to meet the needs of the community as a whole, not just one part of the community. It is only through inclusivity that every ethnic, racial, and cultural group within a community feels appreciated and this builds clients’ opinion of themselves. A leader must hope to remedy the existing anomalies such as alienation by the existing companies. As such, they should endeavor to influence the lives of the groups that feel marginalized such as the African Americans and the Hispanics while also appeasing the already existing market. Of note is that diversity of the products emanating from companies helped in nurturing customer loyalty.
Another aspect that one can learn from the notes on leadership is that leaders should consult widely. This would ensure as much input as possible to guide the way leaders create and implement strategies. In this regard, a leader may consult various retail buyers. Products and services that are inspired by all the interested parties from the manufacturers to retailers to consumers guarantee longevity. This is because the leaders are able to configure their strategies to meet the ever-changing market demands for a particular product. It is apparent that a good leader should be able to consult as widely as possible in order to understand the market better. Consultation entails being a good listener and communicator. Through consultation, one is able to overcome many challenges and to establish a company that would ultimately become a market leader, even in fields that were previously dominated by very competitive companies. Other leadership traits that one can learn from the leadership notes include courage, social vision, and integrity.
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Notes on Leadership
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