Add These Leadership Skills for 2021

Add-Leadership-Skills-for-2021

As we begin to exit the pandemic, are you looking to grow or enhance your leadership skills this year? If so, it is vital to have a plan as no one can expect to become a better leader just by showing up every day. Here are some important things to focus on in 2021. These leadership tips are what some of the top leaders have already done for years.

EVALUATE YOUR SKILLS

Start by evaluating the leadership skills you already have. You can do this by assessing your leadership behavior and asking, “What type of leader am I? Do I dominate those I lead, or do I try to influence? Do I lead with compassion or do I ignore others’ problems and concerns? Do I boss others, or do I give clear direction and positive reinforcement?”  Come up with a list of the skills you’d like to keep and hone, then jot them down on a list for future reference.

Eliminate Ineffective Habits

Now that you know the skills you would like to keep, you probably also know some you would like to eliminate from your leadership behavior.  To get rid of bad habits that aren’t serving you, choose from the list of new habits you want to develop and work on them. In addition, it pays to identify your role models for the coming year and then do what you can to mimic their leadership behaviors.

Great Leadership Skills to Develop

Here is a list of some of the best Leadership skills identified from around the web.

Interpersonal Communication
Empathy
Decision-making
Creativity
Problem Solving
Delegation
Motivation
Time management
Conflict Resolution
Strategic Thinking

Leadership Skills Plan

Here is our three-step leadership skill plan:

  1. Choose a strength you already have and make it stronger.
  2. Pinpoint a weakness you want to improve on or a skill you don’t yet have (the above list may help) and work at it.
  3. Lastly, choose a leadership skill you can share with those you lead and then teach them how to develop this skill.  Like most goals, sharing it with someone aids us in sticking to our plan. And if a little of this leadership skill rubs off on the person, or persons, with whom we share it, the better!

There has never been a greater need for strong, effective, and compassionate leadership.  By periodically reviewing and repeating these steps, your leadership skills will grow in number and improvement, as will the leadership skills of those you lead.

We hope you found this article about Leadership Skills helpful.  If you have questions or need expert tax or family office advice that’s refreshingly objective (we never sell investments), please contact us or visit our Family office page or home page www.Groco.com.  Unfortunately, we no longer give advice to other tax professionals gratis.  Considerately yours, GROCO, GROCO Tax, GROCO Technology, GROCO Advisory Services, GROCO Consulting Services, GROCO Relationship Services, GROCO Consulting/Advisory Services, GROCO Family Office Wealth, and GROCO Family Office Services

Posted in
Durable Power of Attorney: Manage with Care

Durable Power of Attorney: Manage with Care

Durable Power of Attorney: Manage with Care With over 35 million people age 65 and older, more and more families are grappling with the needs of their elderly parents. Care-giving arrangements may be necessary, involving some difficult choices and emotional upheaval. For children with parents of substantial means, there may be concerns that extend beyond…

Gifts to Grandchildren: Generation-Skipping Transfer Tax

Gifts to Grandchildren: Generation-Skipping Transfer Tax

Gifts to Grandchildren: Generation-Skipping Transfer Tax The federal government currently imposes three distinct taxes on the transfer of wealth. The first two limit the total amount of assets that a person can pass tax free to others in life or at death. The gift tax and/or the estate tax take a substantial portion of all…

Independent Retirement Account – Defined, What Are The Options?

Independent Retirement Account – Defined, What Are The Options? There are typically two types of beneficiaries for an Independent Retirement Account (IRA). A beneficiary can be either a spouse or non-spouse, and each group has different options and benefits to receiving money from an inherited IRA. INHERIT INDEPENDENT RETIREMENT ACCOUNT FROM SPOUSE If you inherit…

Estate Planning Can Protect Your Wealth From Obamacare

Estate Planning Can Protect Your Wealth From Obamacare

Have you considered that estate planning can protect your wealth from Obamacare? What if everything you worked for in life, was handed over to the government the moment that you were about to give it to your heirs? Unfortunately this nightmare could be a reality if you don’t plan against it. Obamacare has expanded Medicaid,…