How to Effectively Manage Strategic Partnerships
There can be strength in numbers, and successful business partnerships and strategic alliances are a testament to this. Studies show that corporate alliances increase by
“The age of management is dead!” says Jeffrey Hayzlett, a VIP contributor for Entrepreneur Magazine. He follows with this statement: “Executives are no longer looking to micromanage everyday decisions; instead, they’re empowering other employers to implement and own the decisions that will propel the business forward.” I agree with Hayzlett. Executives who focus on leading their teams rather than using an old school management style tend to keep up with the ever-changing business landscape to maintain high standards of performance.
According to Hayzlett, there are three advantages to creating a decentralized leadership structure:
Hayzlett also describes five ways the new management model surpasses the old and closes his article by saying, “Goals need to be clearly defined, and employees empowered to make decisions and pull out all the stops to remain competitive and elevate their leadership skills as we move further into the 21st century.” To read his article in full, click here.
Credit: entrepreneur.com
Take a few moments to honestly review your company’s leadership style and its effectiveness. Are you ready to shift your business culture towards a 21st Century Leadership model? If so, contact us to learn more about our Aepiphanni Ascend Leadership Development program. Fill out the form below to schedule a Coffee & Consult to chat in more detail about how we can help.
Kris Cavanaugh Castro is the People Development Coach at Aepiphanni, the trusted advisor for business leaders who are seeking forward-thinking solutions to help them plan for and navigate through the challenges of business growth. Kris has over 25 years of coaching, training and mentoring leaders to greater success; and she periodically writes about leadership development and facilitates change management conversations.
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