In the past the popular cliché, doing more with less, meant taking on additional responsibilities to bridge a temporary shortage of resources. In the present, doing more with less has become the norm. And this norm is unlikely to change in the future.
Today’s business leaders are constantly being challenged to deliver better results with fewer resources. Exemplary leaders not only do this consistently but also leverage this traction to increase productivity and create a unique form of competitive advantage.
Two obvious questions come to mind in terms of doing more with less:
- How do exemplary leaders get more traction with (the same or) fewer resources?
- What do exemplary leaders do differently to improve the performance of individuals, teams, and the organization?
The short answer is that exemplary leaders model different behaviors and, as a result, more fully utilize human capital.
The operative words above are behaviors and human capital. Let’s take a closer look at behaviors and human capital in the context of high-performance leadership.
Our definition of high-performance leadership is simply that exemplary leaders perform at their best and inspire the best from their people.
Inspiring the best encourages the fullest potential of individuals, teams, and organizations. Exemplary leadership behaviors strongly correlate to conditions that foster inspiration and to creating and sustaining high performance.
Inspirational leaders understand and leverage two dimensions of human capital. These two dimensions are cognitive and non-cognitive intelligence. Cognitive intelligence is more commonly known as intelligence quotient (IQ). Non-cognitive intelligence is less commonly known and referred to as Emotional Intelligence (EI). A simple equation to illustrate the combined power of these two dimensions is:
IQ + EI = 100% of Potential ©
Now let’s take a closer look at the definition of inspiration. Inspiration literally means a stimulation of the intellect and/or emotions; to stimulate creativity or action. Exemplary leaders inspire the best from their people by modeling behaviors which encourage the IQ and EI dimensions of human capital to thrive.
In summary, doing more with less does not mean being less effective; doing more with less means better resource utilization while gaining more traction in the process.
Learn more about leadership development and how to inspire the best from your people at www.hp-strategies.com.