10 Leadership Practices to Stop Today

If you want to be the best in your industry, you will have to get rid of your out dated management style...

You might not feel it day-to-day, but business management is
in a major transition. The old days of command-and-control leadership are
fading in favor of what might be better termed a trust-and-track method, in
which people are not just told what to do, but why they are doing it.
More formally, we're moving from what was called "transactional"
leadership to "transformative" leadership. And there's no turning

Business owners certainly have a long way to go, especially
in more established companies where old practices die hard. But you can see
increasing evidence that by creating a company with a clear purpose and values,
you'll find your employees connect themselves to something bigger, and that
increases productivity. In other words, a culture of engagement leads to
greater customer loyalty, and better financial success.

Here's my list of "old school" practices you ought
to chuck, and "new school" practices to champion instead:

1. Out: Micro-management, or the need to control every
aspect of your company. In: Empowerment, the ability to give your people some
rope--even rope to make mistakes without blame.

2. Out: Management by walking around the office; it is no
longer enough to be visible. In: Leadership by watching and listening, engaging
in conversation, implementing the ideas presented to you, and distributing the

3. Out: Pretending you know everything. You don't have all
the answers, so why try to make people think you do? In: Knowing your
leadership team members and trusting them. Choose great people who have the
right skills and fit the culture. And get out of the way.

4. Out: No mistakes, or a "no tolerance policy"
some still think works. In: Learning from mistakes, or being the first to admit
an error.

5. Out: The balance sheet drives the business, and informs
all other decisions. In: People drive the business, boosting customer loyalty,
and profit.

6. Out: Job competency is sufficient. Do the job asked, and
you'll survive. In: Recruit "A" players who will go the extra mile.
They're out there.

7. Out: Invest in technology to increase productivity. In:
Invest in people.

8. Out: Demand change; be very specific about what you want
and when. In: Nurture change; your people can come up with the best ideas and
you can give them credit for it.

9. Out: Fried food in the cafeteria. In: Wellness in the

10. Out: Incentives; pay employees more money and they'll do
more. In: Rewards; being valued matters more than money.

So ask yourself which of these out-of-date practices you're
still using. There's no time like now to try something new.