Most professionals have a natural instinct to find ways to gain value from their company. Whether they’re looking to further their career, increase their bottom line, or simply expand their skillset, these businesspeople have their own self interests at heart—and there’s nothing wrong with that. But there’s been a recent paradigm shift in what it takes to be an effective leader, and many experts believe that “value extractors” are no longer the key to success in the workplace. Instead, a value-creating mentality may reap greater benefits for a company and allow young professionals to develop into strong leaders.
Instead of looking for the best way to get ahead, many young professionals are creating value for both their company and their co-workers, rather than for themselves. The benefits of this approach can be huge: from improved morale to lower career risk and stress.
Below, we list tips will help young professionals embrace this innovative mindset and become successful leaders.
Don’t compromise on principles or values.
Whether these are the professional’s own principles or the core values of their company, leaders should never lose sight of their value system. If they stick to their own code of ethics, they will feel more comfortable making decisions that benefit their team. In addition, if they have a thorough understanding of their company’s core values, they’ll gain a deeper knowledge of the organization and the ways they can create value for its unique business model. Mentor-protégé relationships can often help improve a young professional’s understanding of corporate values. At Naisa Global, we help aspiring professionals connect with experienced leaders to gain valuable industry knowledge, confidence, and ambition.
Give credit where credit is due.
The decision to give their co-workers and business partners credit for their ideas (or avoid blaming them for failures) can have far-reaching effects. Their partners will be motivated to come up with more creative solutions, and they will be seen as better leaders. On the other hand, if they take credit for their ideas, or even fail to attribute credit, they may risk demoralizing their co-workers and dramatically reducing the effectiveness of their team.
Do research before proposing new ideas.
If each member of the team does the research on what the company needs, or the ways in which a particular plan might boost or slash its bottom line, then the young professional creates a more valuable, more knowledgeable workforce. An ultra-informed team of professionals can not only create better plans and strategies, but can also deliver a more powerful pitch during important business meetings. Leaders should know their strengths and weaknesses, as well as those of their team, so they can maximize the benefits of any new ideas.
At naisA Global, our mission is to help Asian professionals become thoughtful leaders. Our mentorship and leadership programs help young professionals fulfill their potential across all industries.