As an organization gets larger there can be a tendency for the “institution” to dampen the “inspiration.” How do you keep this from happening?
One of the most crucial jobs for a leader, in my opinion, is to inspire an organisation.
Setting clear, bold goals, monitoring these goals, and reporting progress against them on a regular basis, I believe, is the best approach to do this.
These goals must be simple to follow, challenging and aspirational, and easy to communicate.
At one of my old firms, our CEO Kasper Rorsted did a great job of doing this across the entire organisation of 47,000 staff.
We had 3 clear targets
14% Ebit margin
3-5% Organic growth
>10% Earnings per share
These targets were communicated clearly, including the reasons behind them, progress was measured regularly, and reported back to the entire organisation on a quarterly basis.
There was also a consistency to them too. Kasper always repeated, “the targets remain the targets”.
Everyone in the organisation knew the targets, understood why they were important and knew that the targets were not going to be changed.
This helped inspire an entire organisation.
In my opinion, I don’t think it’s the size of an organisation that dampens the inspiration, I think it is the quality of the leader of that organisation.
Good leaders inspire, it’s what they do best.
But often organisations don’t choose good leaders, and that’s where dampened inspiration comes from.
Now you have heard my view what’s your view. How do you inspire your organisation?
If you want to learn more about creating highly engaged teams or being a better leader click the link to make an appointment to talk about how I can help.