Keys to Empowering Others

encouraging others

 

A common characteristic of many good leaders is the ability to delegate responsibility. One way that this can be done is by empowering others with the ability to also lead. Empowering someone else can be an excellent tool to achieve even greater success, both for the company and the individual. So how do you go about empowering someone else? What are some of the most important keys to successfully giving others power to achieve success and grow?

Empowering With Trust

I recently discussed this topic with Joel Peterson, Chairman of Jet Blue, and the Founding Partner & Chairman of Peterson Partners. Joel is also the Director of the Stanford GSB Center for Leadership Development and Research as well as the author of the 10 Laws of Trust. Joel explained some of the key aspects of truly empowering others. “I think that if you don’t empower people you’re not going to build high trust among them. Usually what that means is that you have to do it slowly. You give people a little bit of responsibility, you measure that, you talk about it and you give them more responsibility. The idea is you want to empower the organization as far out as you can; as deep into the organization as you can.”

The Role of Accountability in Empowering Others

Ultimately Joel told me that you want to figure out how to give people as much authority and power as you can. I then asked how accountability comes into play when it comes to empowering others. In other words, how do you go about measuring the success of those who you empower? According to Joel, some people feel that accountability or measuring results is counterproductive when you are trying to empower others. However, Joel feels that without accountability, true empowerment can’t really take place. “My view is if you aren’t measuring you really aren’t fully empowering them. People who don’t know what is being measured do not feel empowered. They do not feel trusted. So if you give somebody an assignment and you don’t let them know the metrics or measures being used they have not really fully been empowered. High trust organizations tend to be very clear about what’s being accounted for.”

Determining the Accountability

That led to my next question, which was essentially who should come up with the measurement or what is being accounted for: the person being empowered or the leader? Joel said he thinks it’s always best if both parties can work together to determine what the measurements are. However, there must be a clear view. “I think the leader’s job is to figure out what success is. You’re trying to figure out which peak are we climbing. How will we know when we have won? The job is to figure out what winning is, and then I think you can work with people in the organization and determine what’s the best route to the summit. You’ll find that people down in the organization know more than you do as the leader, so you want to joint venture those metrics with them, but you have to have a pretty good idea of what summit you’re climbing.”

Overcoming Failure

Lastly, I asked Joel what happens when a person falls short of the metric or measurement? “Failure is a preamble to success.” If you have that notion that really you don’t have to succeed at everything, then you sit down and talk about what went wrong, you alter course and then move forward. “If you fail because of a lack of effort that’s actually a much more serious problem than a lack of results.”

To view my full interview with Joel Peterson click here

Posted in
Leaving A Medical Career to Thrive in Entrepreneurship with Frédéric Brunner, CEO & Founder of Genioo

Leaving A Medical Career to Thrive in Entrepreneurship with Frédéric Brunner, CEO & Founder of Genioo

Introduction (Frédéric Brunner, from medical career to entrepreneurship) In this interview, Alan Olsen, CPA, MBA discusses leaving his medical career to become an entrepreneur.  Mr. Brunner is the CEO & Founder of Genioo. Transcript Alan Olsen Welcome to American Dreams. My guest today is Frederick Bruner. Frederick, welcome to today’s show. Frederic Brunner Thank you pleasure…

Celebrating Women's History Month

Celebrating Women’s History Month

Written by Traci Bullock. Women’s History Month Is an annual March celebration of the accomplishments and contributions of women throughout history. Women’s History Month is observed in the United States, Canada, and other countries. The celebration originated in the United States as a week-long event in 1981. Finally, in 1987, the Women’s History annual celebration…

My Entrepreneurial Journey with AI, an Interview with V Ray, co-founder of Valex Solutions

My Entrepreneurial Journey with AI, an Interview with V Ray, co-founder of Valex Solutions

Introduction (V Ray, an entrepreneurial journey with AI) In this interview, Alan Olsen, CPA, MBA discusses an AI entrepreneurial journey with with V Ray, Ms. Ray is the co-founder of Valex Solutions Transcript (software generated): V Ray AI has the ability to take in data and make decisions that would just seem so overwhelming for human…

Empowering Leaders of Family Businesses with Lee Brower

Empowering Leaders of Family Businesses

Introduction, in this interview, Alan Olsen, CPA, MBA discusses empowering leaders of family businesses with Lee Brower, Founder, Empowered Wealth LLC. Transcript (software generated): Alan Olsen Welcome to American Dreams. My guest today is Lee Brower. Lee, welcome to today’s show.   Lee Brower Alan, I’m delighted to be here. Thank you for having me.…