But how important is leadership really?
For many people leadership is just focusing on results, the bottom line and what needs to be done to ensure targets are met effectively. But personally, as someone from generation Z … I disagree. Granted, results are important, and are obviously what are needed for businesses to thrive and have posterity. However, your team are the main driving force to achieve those targets; they were employed for a reason, they are the specialists in their job.
Poor leadership impacts your team immensely. A lack of trust, communication and direction can have a huge effect on factors such as employee wellbeing, staff retention and morale. All of which, are key influences on productivity, and engagement… and consequently, on profitability itself.
Why is having a strong team so important during a crisis?
The most productive teams work together, gathering input from people from a wide variety of different backgrounds, ages, and skill-sets. Therefore working collectively enables teams to innovate and come up with effective solutions. Teams should be able to work together in an environment where they can collaborate and bounce ideas off one another, in order to come up with an ideal solution.
The top 10 CEO’s right now? (According to research by Glassdoor)
- Anglian Water’s Peter Simpson (99% approval rating)
- Network Rail’s Andrew Haines (98% approval rating)
- Metro Bank’s Craig Donaldson (98% approval rating)
- Bloomberg L.P.’s Michael R. Bloomberg (98% approval rating)
- Siemens’ Juergen Maier (97% approval rating)
- BlackRock’s Laurence D. Fink (97% approval rating)
- Morgan Stanley’s James P. Gorman (97% approval rating)
- P. Morgan’s Jamie Dimon (97% approval rating)
- Rolls-Royce’s Warren East (97% approval rating)
- Shell’s Ben van Beurden (97% approval rating)
However, what you might not have noticed is that all of these leaders are male. Why is that?
There are two women in the top 50 (According to Glassdoor) – Liz Gardfield Severn Trent (40) & Pam Nicholson (41), but why are there so few women at this level?
Watch Leadership Trust CEO Lea Cleret discuss the challenges as a female CEO
The characteristics required to respond well in a crisis, such as resilience and ability to work collaboratively are overwhelmingly present in women… therefore wouldn’t we all have to gain from seeing more women leading organisations? To hear more voices, more opinions, and different opinions can only be incredibly useful in surviving a crisis.
More women need to be considered for leadership development, and leadership development needs to adapt to ensure women firstly can be considered for this training and secondly attend the courses.
This is something we unpack further within our Barriers to Leadership development report which we recommend you read.
As a company in which our staff are predominantly female, and run by a female CEO, looking at the statistics above was incredibly interesting. Our organisation is all about Leadership Development and we practise what we preach. It prompted me, the youngest and most junior member of staff to sit down for a conversation with our CEO, Léa Cléret. The interview with Léa was informal and filled with valuable insight for me. Watch our CEO have a candid conversation with the youngest member of staff in the company. What is your job like? What advice do you have for Gen Z?
Watch Leadership Trust CEO Lea Cleret give advice to Kathryn Taylor, the youngest LT employee