5 practices of Effective Executives
Peter Drucker is a business genius. He is a giant in the field of management. There are two books which has everything he has taught one is “The Essential Drucker” and “The Daily Drucker.” It is amazing how far ahead of his time he was. The other book which I like is The Effective Executive. Here are 5 practices of effective executives.
Know where your time goes – This is such a simple suggestion but so effective. Anytime we feel that we don’t have enough time all we need to look at is where the time goes. Once you have that you can then eliminate the non-value adding activities to free up time for more value adding activities. In my opinion this is what time management is.
Focus on outward contributions – The bottom line is the results we produce that determine our success. We should really understand what the final victory looks like for us and our organizations.
Build on strengths – Drucker is truly famous for saying this. It is better to focus on strengths and align your work to ensure that is done most of the time. You will also find more joy if you focus on your strengths.
Concentrate on superior performance – I take this to mean that how you perform and when you perform makes a huge difference. If it requires creative work then use the early morning time to do that. Of course, if you are a night person work on most creative tasks in the night. You can do administrative work just after lunch when usually everyone is not at their best.
Make effective decisions – Our lives will be determined by the quality of decisions we make and luck. To put the odds in our favor we need to make great decisions. One of the keys to successful leadership is effective decision making. I loved the framework presented in the book “Decisive” by Dan Heath and Chip Heath. They say you should widen your options, reality test your assumptions, attain distance before deciding and finally prepare to be wrong. Not every decision we make will succeed but we should get better at this with practice.
There you have it the five best practices of effective executives. I hope you enjoyed reading this article.
The views expressed in this article are my own and do not represent my organization. Thanks for reading this post.
Know where your time goes – This is such a simple suggestion but so effective. Anytime we feel that we don’t have enough time all we need to look at is where the time goes. Once you have that you can then eliminate the non-value adding activities to free up time for more value adding activities. In my opinion this is what time management is.
Focus on outward contributions – The bottom line is the results we produce that determine our success. We should really understand what the final victory looks like for us and our organizations.
Build on strengths – Drucker is truly famous for saying this. It is better to focus on strengths and align your work to ensure that is done most of the time. You will also find more joy if you focus on your strengths.
Concentrate on superior performance – I take this to mean that how you perform and when you perform makes a huge difference. If it requires creative work then use the early morning time to do that. Of course, if you are a night person work on most creative tasks in the night. You can do administrative work just after lunch when usually everyone is not at their best.
Make effective decisions – Our lives will be determined by the quality of decisions we make and luck. To put the odds in our favor we need to make great decisions. One of the keys to successful leadership is effective decision making. I loved the framework presented in the book “Decisive” by Dan Heath and Chip Heath. They say you should widen your options, reality test your assumptions, attain distance before deciding and finally prepare to be wrong. Not every decision we make will succeed but we should get better at this with practice.
There you have it the five best practices of effective executives. I hope you enjoyed reading this article.
The views expressed in this article are my own and do not represent my organization. Thanks for reading this post.
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