Developing Leaders – Your Fast-Track to Scale-up Your Business - Florin Lungu

FLORIN LUNGU - “ENTREPRENEURIAL MINDSET” SHOW

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INTRODUCTION

One of the biggest differentiators between successful companies and less successful ones is their leadership development programs. While most companies see investment in training and people development programs as a cost, the few that get it, see this as one of the best investments they will ever make because they know that people are the only appreciating asset of their company.  

Leadership expert, John Maxwell says,  

“ Becoming a leader who develops leaders requires an entirely different focus and attitude from simply attracting and leading followers. It takes a different mindset.  ” 

Show Objectives - The Why

So often in scaling up an organization, the human factor is forgotten, or at least it doesn’t get the attention it deserves. What good does to have an ambitious scale-up strategy for your market expansion or production capacity expansion if you don’t have an organizational scale-up strategy to sustain it and make it happen. 

Key Issues - Owner Perspective:

Here are some of the biggest challenges in attracting and developing leaders: 

1. Attracting leaders requires becoming an even better leader. 
2. Developing leaders requires focusing on the top 20% instead of the bottom 20%
3. They think they should treat everyone the same
4. They don’t invest time in people, spend time with people
5. They focus on weaknesses instead of strengths

What You Need to Know - The What

Great leaders develop their bench. 
Successful companies expect change and plan ahead  

• Always plan three future positions for each of your key people
• They have a contingency plan in case someone quits or changes position,
• They build career development programs

Successful leaders expect problems. They see situations realistically and they plan ahead. 


What You Need to Do - The How

The challenge with developing leaders. 

• Leaders are hard to find
•  Leaders are hard to gather
• Leaders are hard to keep

Shows: 

• Previous:  Episode 11 Season 4 -  Servant Leadership – The Hearth of Entrepreneurship 
• Next:  Episode 13 Season 4 – Season’s Finale

Written by Florin Lungu 

With 12+ years of international experience in leading and training people in international corporations, 6+ years in the personal and corporate development industry, and 5+ years of entrepreneurship, Florin Lungu has learned a bit (often the hard way) about embracing change, leading people, and business mindset. 

Born and raised in Romania he worked in France and relocated to Sweden where he now provides organizational development services to the international business community. He holds an MSc in Automotive Engineering, he is a Certified Behavioural Analyst and part of the biggest professional coaching & training organization in the world and provides business growth solutions to SME’s.

Here is how you can connect with Florin. 
Subscribe to Entrepreneurial Mindset Thoughts daily at www.florinlungu.com

And connect with Florin on your favorite social network:

• LinkedIn - https://www.linkedin.com/in/floringabriellungu/
• Facebook - https://www.facebook.com/FlorinLunguCoach
• Instagram @ florinlungucoach

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