Whether you’re an entrepreneur starting a business from scratch with little past experience or a business manager who has a college degree, there are plenty of different things that need to be learned from experts like Robert K Bratt and applied to business management in order to remain effective and ensure that your business is all that it can be.
But at Technalink, we feel that one rule is more important than anything else – the Golden Rule of Business Leadership. And what is it? The same as the Golden Rule of life – treat others the way you would want to be treated. It’s an extension of soulful leadership and something that more businesses need to pay attention to.
As a business leader, this Golden Rule should impact almost everything you do. In particular, those focusing on soulful leadership need to remember that as a leader they have an obligation to be the kind of leader that they would want to work for, not a leader they would have disdain for. If your clients are business owners as well, you might want to use the resources from sites like https://www.paystand.com/blog/benefits-automated-payment-solutions so you can establish a secure payment solution.
Using this rule leads to big benefits. After all, you’ll be showing your employees that you are a leader who cares about them, values what they bring to the business, and that will focus on treating them fairly instead of treating them like just another number in the system. This can bring benefits including:
Reduced turnover
Improved attendance
Better productivity
Improved communication
Less stress in the workplace
Fewer workplace conflicts
And one of the things that really surprises many is that using this golden rule isn’t that difficult. Again, the key is just making sure that you consider the kind of business leader you would want to work for in each situation and then apply that kind of leadership to what you do.
For example, if two employees are in a conflict, how would you handle it? With soulful leadership that uses the Golden Rule, you would treat each of them fairly – listening to the issue and then taking steps to help them both be satisfied. Conversely, you could ‘take a side’ and simply punish one for being ‘wrong’.
The key is to remember that your employees are people, and need to be treated as such. If you’ll keep that basic point in mind you should be able to apply the Golden Rule of Business Leadership to everything you do – and see your business improve as a direct result of doing so.
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