I am happy to share that I have graduated as an Authorized Associate in IDDAS and authorized as a Verifier of the SME Due Diligence Standard, based on ISO 17029. Through our newly developed online tool, we give you an accurate insight into your company's challenges and answer how developed and resilient your company is.  Together we review the...

The summer holidays are coming to an end soon, so the time is coming to warm up for a new board season. On the back of the Corona, many talk about "new normal". After the stranglehold of the restrictions, the hardest-hit industries have not yet found their feet - so it is probably too early to say with certainty what the future will bring and what ...

How does the owner-manager get the best out of his professional board?  Thorough, open and honest alignment of expectations creates the most value. The maximal benefit of a professional board stands and falls with the owner manager's willingness to let go of control, and the ability to set the right board team - both in terms of industry exper...

The Danish Competitiveness Council strives to help Denmark stay relevant in the future global competitive business environment. As part of their work, they invited business leaders to share their perspectives on the topic, i.e. what should Denmark do going forward to achieve an excellent business position in this arena? What is our moonshot project...

Corona crisis management has most certainly put your leadership to the test. Particularly in times of crisis, leaders can indulge in acting more as a manager, even though the balance between management and leadership can create faster change and more value.

So why not use the Corona situation to reflect on your own balance between your manager and leadership tasks? Maybe you need to adjust your approach right now, where you both must manage the crisis and lead the business towards a "new normal" on the other side of the crisis.

Inspiring leaders create more value

Good leadership is an untapped potential. An example of leadership research below shows that only 25% of managers are good leaders, half are “only managers” and 25% are bad supervisors. Two other studies reveal the challenge of leaders' mistaken self-perception of being inspirational. Thus, 77% of managers find themselves inspiring, while 82% of employees find their managers uninspiring. Recognizing that inspirational leadership correlates positively with commitment (+ 32%), satisfaction (+ 46%) and performance (+ 16%), then there will be reason to believe that better leadership can drive faster change, so your business gets ready to create value when the Corona dust settles.

 

Figure 1: Good leadership is an untapped potential