Sunday, August 16, 2020

On transactional leadership vs vested leadership...

Over the years, I picked up a bunch of things from Jim.  Once we were discussing teams in Bangalore with remote leaders and how those teams are managed.  He explained...

There are various vectors in which leadership styles are defined.  But one way to think about leadership style is vested vs. transactional.  

Most remote leaders today follow a transactional leadership approach where conversations happen regularly, but generally center around tasks and activities that have to get done.  A periodic checkpoint mid-year or end of year is used to assess performance vs. career objectives and determine growth.  It's probably understandable that lack of growth drives dissatisfaction, but another driver is conversation quality.

Conversely, vested leadership involves the leader narrating stories and life experiences to the individual, with the aim of coaching the person and helping him/her attain longer term goals.  Or building them as a professional beyond the current job.  It is probably more taxing but you can earn better loyalty.  Now, ofcourse, you have to select individuals where you want to vest and invest your time.

No comments:

Post a Comment

On transparency between Management, Board and Investors...

I asked Jim the question about the level of transparency he maintains with the board.  He divided his response in multiple layers. The CFOs ...