Essay
05/04/2013
What makes a leader?
In this Essay I would like to write about strategies which have changed my experience as a previous manager. There are many excellent studies and articles about strategies how to lead and manage a team, or make good decisions such as „Why good leaders make bad decision”, „Manage your energy, not your time”, „Managers and leaders: Are they different?”
In my own experience the top three words are as leader strategies: communicate, corporate and persuade. All these are very important to achieve our goal and to be a successful leader. Good leaders also need to be committed and well informed. We make every day decision. Some are irrelevant or small. Others are important, responsible and long term. In the last year I studied project management in the MBA course. My professor was very committed and he very often talked about balancing the production flow and finding the constraints in the process.
Soon later I read the book “The Goal” by E. Goldratt and I understood this expressions. In any kind of situation – such as production, conversation, competition – could appear problems, constraints. The good leader needs to find the constraints and terminate them. Ethic and social sensibility are also very important words and determine our personality. As a financial leader over the past 9 years I have learned to focus on the critical path in order to be successful. The most common critical path were the time (keep the deadlines), the cost (stay within budget), the quality (continuous pursuit for the best service) and communication (to persuade, negotiate and motivate people).
Nowadays the Lean-Six-Sigma – based to the Theory of Constraints – is a new business strategy of management innovation for the successful company. The theory
focuses on the whole system within the company/organization provides flexibility in managing, minimizes the waste
Bibliography: E. M. Goldratt, THE GOAL, A Process of Ongoing Improvement, The North River Press 2004 A. Ignatius, Shaking Things Up at Coca- Cola, Harvard Business Review, October 2011 B. Johnson, The CEO of Heinz on Powering Growth in Emerging Markets, Harvard Business Review, October 2011 O. Schell, How Walmart is Changing China, The Atlantic, 23 November 2011