leadership

Making the Most of the Collaboration Economy

“The Collaboration Economy: How to Meet Business, Social, and Environmental Needs and Gain Competitive Advantage” by futurist Eric Lowitt offers a unique model for long-term collaboration among the public, private and civil sectors. With a clear focus on aligning business growth with sustainable development, the book focuses on prosperity for all.

What lessons are in it for all of us?

  1. Be humble. The best leaders display humility and focus on their teams and partners, rather than themselves. They are grateful, not arrogant. This is collaboration at its best.

  2. Think long term. Successful CEOs aren’t just focused on this month or this year—they know how to strategically think for the long term, crafting goals designed to elevate their companies for decades to come. It also helps to be patient—success does not happen instantly but requires time, fortitude, change and dedication.

  3. Remember your mission. Rather than taking your position at work or in life for granted, view it as a privilege, while always keeping your organizational mission, vision and purpose in mind. This also supports ongoing and successful collaboration.

  4. Partner up. We are always stronger together than we are alone. Partnerships and collaborations are essential to successful enterprises. Expand your network and expand the possibilities.

  5. What keeps you up at night? Stay focused on the competition, on the next phase and on change. When you get complacent, business tends to suffer. Encourage employees to contribute new ideas and welcome constructive criticism as a form of collaboration.

Leadership requires commitment and collaboration. The most effective organizations find a way to work together, to challenge the status quo and engage the collaboration economy for long-term success.

Leading the Way: Top 7 Traits of Effective Leadership

You have likely seen good leadership—and not-so-good—in action. You simply know it when you see it. Those leaders inspire others, create a culture of positivity and productivity, and motivate future leaders in the workplace. But just what do those leaders have in common?

Here are the 7 top traits shared by many of the world’s most effective leaders:

  1. Team-building. Teamwork and collaboration are essential to any successful enterprise. Great leadership inspires strong teams and effective partnerships. To lead, you must be able to build cohesive teams that support each other and company goals.

  2. Accountability. Leaders don’t take all the praise when it’s due and they don’t blame others—they take responsibility for team performance and outcomes by serving as positive role models. Likewise, the best in leadership encourages accountability in others.

  3. Positivity. It can be easy to get down when things aren’t going your way, but the best leaders know how to stay positive and help their team members even when times aren’t so rosy. They know how to deliver constructive criticism and they know how to share praise.

  4. Flexibility. Workers today appreciate flexibility in work schedules and management styles more than ever. Experienced leaders recognize that they must be willing to adapt and change to recruit and maintain the best team members.

  5. Focus. It can be easy to get distracted in the workplace today—there are so many demands, so many new programs, so many goals to meet. Excellent managers know how to stay focused on key priorities without getting lost in the weeds, and they encourage teamwork that does the same.

  6. Creativity. While this might be a more surprising trait, creative leaders encourage their teams to take risks, brainstorm new ideas and try unique programs, which can all support longevity and dedication to the job. Great leaders also know how to be creative with small budgets and growing expectations.

  7. Humanity. Finally, leadership requires empathy, compassion and connection. Robotic managers don’t inspire teams, but leaders who are kind, willing to listen and celebrate the small things do.

Are you collaborative? Positive? Focused? When these qualities shine, so does your ability to lead the best teams and get the best results.