In this week’s episode, James chats with Kurt Kersey about the importance of leadership in the workplace and bridging the gap between current leaders to future leaders. Kurt Kersey is a CFA, a Certified Business Made Simple Coach, and a good friend of James’s. They discuss:
- The challenges of leadership
- What does this look like?
- How can this leadership gap be fixed?
The Challenge of Leadership
So many great leaders who do not realize that the next generation of leaders need to be taught how to be good leaders.
Some Staggering Statistics:
- 71% of employees at companies do not feel equipped to be leaders
- 18% of employees say their leaders are effective at achieving business goals
- 63% of all millennials do not feel they have the business development they need
If the employees do not think the current leaders are succeeding, they have no one to follow. Due to their lack of confidence, they need some guidance to plausibly lead a company. Tomorrow’s leaders need leadership development to help close this gap.
Excuses include today’s leaders claiming the future leaders are not ready to lead yet, indicating that the leaders are not attacking the long-term issue. Many leaders do not look at a business and think about the future, but instead, think of themselves. This needs to change to assure the quality of future leaders and the longevity of a company.
What does it look like? The Millennial
The millennial is the young person who wants to step in. They need to admit that they do not have everything figured out and ask the current leaders as many questions as possible. Young people dismiss their elders’ advice because they claim it is outdated, but they fail to recognize the years of experience and wisdom. Future leaders cannot see around corners without advice from past leaders who have a multitude of experiences.
Millennials need to be focused on leading up or leading when they do not have a title. This is important because leadership is all about healthy influence and a vision.
The Current Leader
The current leader must be willing to give advice. A current leader has to be ready to say, “I don’t know.” Current leaders must provide young leaders the opportunity to grow through the create and elevate method. These opportunities are designed for the aspiring and existing leader that is much more challenging than they can imagine.
You must handle all actions with love and bring joy and energy to what you are doing. Power-grab on both sides of the generation spectrum can be detrimental, and nothing should be forced.
Have questions for Kurt? Get in touch at www.kurtkersey.com
To learn more about The Rich Life Book + Coaching, visit www.LivingARichLife.com.
This podcast is brought to you by Wealthquest. Learn more at www.wqcorp.com.