48. DEVELOPING LEADERS – YOUR FAST-TRACK TO SCALE-UP YOUR BUSINESS - PART 4 - FLORIN LUNGU
- S4E48
- 14:56
- April 13th 2021
Recorded Live at International Business Growth Radio (www.IBGR.Network)
One of the biggest differentiators between successful companies and less successful ones is their leadership development programs. While most companies see investment in training and people development programs as a cost, the few that get it, see this as one of the best investments they will ever make because they know that people are the only appreciating asset of their company.
Leadership expert, John Maxwell says,
“ Becoming a leader who develops leaders requires an entirely different focus and attitude from simply attracting and leading followers. It takes a different mindset. ”
Show Objectives - The Why
So often in scaling up an organization, the human factor is forgotten, or at least it doesn’t get the attention it deserves. What good does to have an ambitious scale-up strategy for your market expansion or production capacity expansion if you don’t have an organizational scale-up strategy to sustain it and make it happen.
Key Issues - Owner Perspective:
Here are some of the biggest challenges in attracting and developing leaders:
- Attracting leaders requires becoming an even better leader.
- Developing leaders requires focusing on the top 20% instead of the bottom 20%
- They think they should treat everyone the same
- They don’t invest time in people, spend time with people
- They focus on weaknesses instead of strengths
What You Need to Know - The What
Great leaders develop their bench.
Successful companies expect change and plan ahead
- Always plan three future positions for each of your key people
- They have a contingency plan in case someone quits or changes position,
- They build career development programs
Successful leaders expect problems. They see situations realistically and they plan ahead.
What You Need to Do - The How
The challenge with developing leaders.
- Leaders are hard to find
- Leaders are hard to gather
- Leaders are hard to keep
Entrepreneurial Mindset with Florin Lungu
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Florin Lungu is an Organizational Development Expert & Business Mindset Coach.
With 12+ years of international experience in leading and training people in international corporations, 6+ years in the personal and corporate development industry, and 5+ years of entrepreneurship, Florin has learned a bit (often the hard way) about embracing change, leading people, and business mindset.
Born and raised in Romania he worked in France and relocated to Sweden where he now provides organizational development services to the international business community. He holds an MSc in Automotive Engineering, he is a Certified Behavioural Analyst and part of the biggest professional coaching & training organization in the world and provides business growth solutions to SME’s.
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Meet the Hosts
Florin Lungu is an Organizational Development Expert & Business Mindset Coach.
With 12+ years of international experience in leading and training people in international corporations, 6+ years in the personal and corporate development industry, and 5+ years of entrepreneurship, Florin has learned a bit (often the hard way) about embracing change, leading people, and business mindset.
Born and raised in Romania he worked in France and relocated to Sweden where he now provides organizational development services to the international business community. He holds an MSc in Automotive Engineering, he is a Certified Behavioural Analyst and part of the biggest professional coaching & training organization in the world and provides business growth solutions to SME’s.