Brian Tracy breaks down three leadership functions for personal success: boosting productivity and output, serving your key customers (boss, spouse, kids), and controlling costs through saving and investing. He recommends starting with one immediate action in each area.
Hello, I'm Brian Tracy, and here are three leadership styles that create personal success. The leader of an enterprise has three basic functions, all of which are important. Sometimes one function is more important than another, but all are essential to success in the different leadership styles. These three functions are productivity improvement, customer service, profitability, and cost control. You must become capable of each of these functions in managing yourself so that you achieve the highest possible payoff in managing others. Now, productivity improvement means constantly increasing output and quality control while maintaining the costs of input or even reducing them. You must continually manage yourself to produce more and faster and cheaper and better than you ever have before. They say that if you're not considerably better this year than you were last year, then you are in trouble in our competitive society. To increase your productivity, you must think every day about the things that you can do to increase your value. To increase your ability to earn money by producing more and better goods and services for yourself and for your company. One way to increase your productivity is to leverage your different leadership styles and work on more important things. Another way to increase your productivity is to get better at your key tasks. You can increase your productivity by working longer hours or by working harder during normal business hours. You can increase your productivity by becoming an expert at time management and by always asking yourself the powerful what can I do to increase the value of my service to my company today? Remember, you're being paid today exactly what you're worth and not a penny more and not a penny less. If you want to earn more tomorrow, you must increase the value of your output. There's no other way to do it now. The second leadership task is customer service. There's a lot of talk today about total quality control. However, in its simplest terms, total quality control means finding out what the customer wants and then giving it to him or her. In managing your different leadership styles, you must be very clear about who your customers are. What do they need from you in order to be satisfied? Also, what does your spouse require from you? What do your children require? This is all part of your personal success. These people are your customers as well. At work, what are your boss's top priorities? He's your main customer. One of the main reasons you're on the payroll is to please your boss by helping him or her to fulfill his or her responsibilities. The clearer you are about what you need to do to make your boss happy, the more successful you will be in the world of work. The third leadership task is profitability. That means increasing revenues while keeping costs constant or decreasing costs while keeping revenues constant. Your job at work is to help your company to be more profitable, to contribute far more than your company pays you in salary or commission personally. Profitability means that you spend less than you earn, that you make a profit from your work. It means that you live within your means and save part of everything you earn. Perhaps the most important part of leadership styles is financial management for personal success. This means that you are 100% responsible for achieving your financial independence, and this is possible only by saving and investing part of your income every single paycheck, no matter how hard it is. Here are three steps you can take to improve your leadership skills immediately. First, look for ways to increase your productivity by working smarter and more efficiently each day. Continually look for ways to increase your personal value. Second, focus your attention on satisfying your most important customers, especially your boss. This is the key to rapid advancement. And third, look for ways to reduce costs and increase profitability, both for your personal success and your company. Save your money regularly. Thank you for viewing this video on Leadership Styles to Create Personal Success and if you enjoy this video, please subscribe to my channel by clicking on the button you see on the screen.
