In the last few years, the IT industry has been changing at an astonishing rate. With its evolution, the role of tech leaders has also changed. Namely, being an IT leader today is different from what it was about a decade ago. It’s no longer about having a superior aptitude for tech and focusing on end-user needs only. There is a plethora of attributes every successful tech leader should possess and here are some of them.
To Understand your Team, you need to Understand Yourself
There is a thin line between an average business owner and an exceptional leader. Overconfident and close-minded entrepreneurs that don’t take their employees’ advice into consideration usually stay mediocre or even end up failing. Of course, this is something you want to avoid. To succeed, you need to know what your strengths, weaknesses and emotional triggers are. Only by constantly investing in your self-awareness will you be able to leverage your strengths as much as possible and surround yourself with the right people with complementary skills. Most importantly, by investing in your emotional intelligence, you will manage to focus on the people you communicate with, recognize their problems and adapt your interactions based on their emotions and expectations.
An amazing example of the importance of self-awareness for one’s entrepreneurial success is Mark Zuckerberg. Even though he was just a teenager when he launched Facebook, he hired experienced advisors who helped him make the right decisions and, over time, he has become a well-rounded leader.
Make Quality and Timely Decisions
“In any moment of decision, the best thing you can do is the right thing. The worst thing you can do is nothing,” Roosevelt once said. The tech industry is moving at an astonishing pace and, to keep pace with it, you need to be capable of making the right decisions fast and taking risks when the need arises. If you are sitting on the fence all the time, not being able to find quality answers to your employees’ questions and problems, they might consider you incapable of leading them. Even worse, this might heavily affect your company’s growth.
Uber is just one of numerous examples showing how important bias for action is. Namely, when Lyft, their competitor, started offering scheduled rides, Uber’s executives decided to release the same feature within weeks. In this case, they didn’t have the luxury of doing a detailed research and debating the benefits of the product features. They simply built it and launched it.
Create Safe Work Environment
It’s your responsibility as an employer to provide your employees with pleasant, productive and, above all, safe work environment. Even though you cannot prevent all the incidents from happening, you can at least reduce the risk of workplace injury by developing a strict protocol, including safety education, offering adequate resources, and monitoring potential problem areas. Most importantly, if the incident has already occurred, you need to know how you respond to such a situation. According to Bordas & Bordas personal injury lawyers, in such cases, employees are likely to hire an attorney to help them protect their right to compensation. As they will ask for all sorts of files and documentation on the employee, and you should cooperate with them and hand this information over.
Recognize your Employees’ Efforts
Steve Jobs believed that “great things in business are never done by one person. They’re done by a team of people.” This is exactly why every great leader understands and values their team’s efforts and hard work. By proving that you care about the employee behind the work as the work itself, you will be able to boost your employees’ satisfaction and, most importantly, improve their engagement and retention.
For example, you could develop an incentive program. The studies show that 71% of employees would rather stay with a company that offers rewards than switch to one that offers higher pay. Most importantly, apart from being brilliant motivation boosters, incentives don’t require you to have Google’s budget. Young and small businesses in IT could offer a wide range of affordable and yet highly effective incentives, such as in-house skill-building opportunities, certificates of achievement, flexible work arrangement, gift cards, paid time off, and happy hours.
Never try hard to become the next Steve Jobs or Bill Gates. You’re simply not them. Instead, you need to know what it is that makes you authentic. Only by establishing recognizable leadership traits and staying true to them will you be able to build a powerful brand that stands out.
Which are some additional traits of distinguished entrepreneurs? Share your favorite ones with us.