Strategic Market Leadership

Our Most Valuable Asset

Sat, 2016-06-11 13:19 -- tomjonez

 

Outstanding leaders go out of their way to boost the self-esteem of their personnel.

If people believe in themselves, it’s amazing what they can accomplish.

— Sam Walton

It is no secret that Sam Walton, quoted above, was a successful business leader. At the time of his death in 1992, his company employed 380,000 people and had annual sales of nearly $50 billion from 1,735 WalMarts, 212 Sam’s Clubs, and 13 Supercenters.

Though he developed many innovative strategies during his lifetime, the one attribute that stands out is his ability to grow leaders.

...And those leaders grew his business.

It is a short-sighted business leader who refrains from treating his or her people as their most valuable asset.  Because, as Walton validated, encouraging our personnel to learn and grow – and providing opportunities for them to do so – can boost their self-esteem, and will likely prosper the business as well.

As a leader we can ask ourselves this question: What are we doing to build our people?  The answer may elicit valuable insights regarding why our organization is prospering – or, alternately, why it is not…