Good Leaders Are Invaluable Video Lecture | Be a Leader: Leadership Development Course - Management

hello I'm Brian Tracy and I want to talk
about why good leaders are invaluable to
a company actually indispensable but bad
leaders will destroy a company as you
see it happening all the time today now
what is the difference between good
leadership and poor leadership well I've
written several books and articles on
this and I've taught more than a
thousand seminars in 68 countries on
leadership and the bottom line is that
leadership is the ability to get results
that's what it is
which means that you can be a leader
with no followers if you are responsible
for getting results that will open more
doors for you than anything else but a
second definition is leadership is the
ability to get results through other
people in other words it's to select
people it's to delegate to them it's to
organize them and it's to encourage them
to get the results that you need the
wonderful thing about being a good
leader is that you become a
multiplication sign if you're a bad
leader you become a division sign and
you know what that means a
multiplication sign means you multiply
times five other people equals the
production of 10 or 15 people it's
called synergy in in management science
but sometimes a bad leader which we've
all seen is a division sign they take
themselves and divided times at the frey
core through the other people they
actually reduce the overall performance
of the group and get it down to a bare
minimum
sometimes just bringing in a new leader
a person who inspires and motivates
people can dramatically increase the
productivity now good leaders have
special qualities my three favorite
qualities which I talk about all the
time now I have to do with thinking
skills the first thinking that skill
they have is thinking we call the
difference between thinking fast and
thinking slow top leaders actually think
slowly about important factors what I
have found in my work in time management
is that the most important word is the
word consequences what that means is
that something is important to the
degree to which it has big potential
consequences something is unimportant to
the degree to which it has
or no potential consequences now
fast-thinking is the kind of thinking
that's automatic intuitive instinctive
and so on it's sort of like the thinking
you do when you're driving a car through
traffic you move quickly slow thinking
is what you do when you're thinking
about something that has big potential
consequences company goals hiring people
assigning responsibilities choosing
which products or services to offer in
which markets to go after choosing the
amount of money that you spend or don't
spend and so slow thinking is what great
leaders do unimportant issues that have
large potential consequences now there's
a second type of thinking that comes
from 50 years of research at Harvard and
it's called long-term thinking versus
short-term thinking and what the
research found was that there's a direct
relationship between how much time you
think long term and how rapidly you move
up so so economically in your life I
have worked with top leaders who started
with nothing and built businesses worth
hundreds of millions and even billions
of dollars when I spent time with them I
find whatever there's an important
decision they pull back and they say
well let me think about this for a while
some years ago I have a mentor and when
I left him in a different country he
gave me a little booklet which he said
had he had used as a guide all his life
and I still have it and it's called take
timeout for mental digestion and what he
said is that whenever it's possible
delay making an important decision take
time out to digest and sort of let the
decision turn over in your mind a
business professor wrote a book recently
in San Diego said that the longer you
take to make a decision the better that
they say the decision will be in the
long run this is long-term thinking now
in my seminars I teach the importance of
goals if you have five year and ten-year
goals then what you do is you look at
what you're doing today and you make
sure that everything you're doing today
is consistent where you with where you
want to be in five or ten years this is
one of the great skills
the final thinking skill is informed
thinking versus uninformed thinking and
what I have found is that really
excellent leaders take a lot of time to
get all the information before they make
a slow long-term decision and so should
you
well thank you very much for watching if
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