By using this site, you agree to the Privacy Policy and Terms of Use.
Accept

Your #1 guide to start a business and grow it the right way…

BuckheadFunds

  • Home
  • Startups
  • Start A Business
    • Business Plans
    • Branding
    • Business Ideas
    • Business Models
    • Fundraising
  • Growing a Business
  • Funding
  • More
    • Tax Preparation
    • Leadership
    • Marketing
Subscribe
Aa
BuckheadFundsBuckheadFunds
  • Startups
  • Start A Business
  • Growing a Business
  • Funding
  • Leadership
  • Marketing
  • Tax Preparation
Search
  • Home
  • Startups
  • Start A Business
    • Business Plans
    • Branding
    • Business Ideas
    • Business Models
    • Fundraising
  • Growing a Business
  • Funding
  • More
    • Tax Preparation
    • Leadership
    • Marketing
Made by ThemeRuby using the Foxiz theme Powered by WordPress
BuckheadFunds > Startups > Building A Path To Lasting Success

Building A Path To Lasting Success

News Room By News Room October 5, 2023 6 Min Read
Share

Doug Flaig, President of Stratus Building Solutions.

In the high-stakes world of business, where competition is fierce, and success is often measured by bottom-line results, some leaders traditionally relied on an authoritarian style of management. While this ego-driven style can be successful, it can also sow seeds of discord, hinder collaboration and ultimately impede the organization’s progress.

In recent years, many business leaders have begun to recognize the costs of this “do what I say without complaint” philosophy, turning toward more collaborative, employee-centric styles of leadership.

One such style is what’s known as servant leadership. Instead of focusing solely on what benefits the company, leaders who espouse this management philosophy focus on the needs of their customers and employees first.

The theory is that individuals who are respected, valued and nurtured will be happier in their lives and their jobs. This, in turn, will make them more committed to the company and more productive, benefiting everyone. Customers will recognize a company that is committed to their best interests and responsive to their needs. That, in turn, drives loyalty and long-term value for the company.

The History Of Servant Leadership

The idea of leading by serving has been around for thousands of years. Both Buddhism and Christianity were founded on its tenets. In 1970, retired AT&T executive Robert K. Greenleaf coined the term “servant leader” regarding business. Greenleaf believed true leaders were the ones who helped their employees grow rather than simply using their power for their own advancement.

Four basic principles of servant leadership are empathy, active listening, stewardship and flexibility.

Integrating The Principals Of Servant Leadership

Embracing servant leadership starts with integrating its principles into all aspects of one’s life, extending from personal relationships to professional endeavors.

The first step is to listen actively and empathetically, understanding the needs and aspirations of those around you. By doing so, leaders can create an environment of trust and open communication where every voice is heard and valued.

In the context of a career, servant leadership entails recognizing that your success is intertwined with the success of your team. Providing the necessary resources, guidance and mentorship, leaders empower their team members to excel. Moreover, this approach encourages a culture of collaboration and mutual support, where each member’s unique skills contribute to the collective success. A servant leader recognizes that “It’s not about me” but about others’ success.

Modeling Leadership In Your Own Life

Executives who truly subscribe to the servant leadership management style do so both at work and in other aspects of their lives. The whole idea of serving your employees means recognizing them as well-rounded individuals with lives outside the office. If you are putting in so many hours on the job that you don’t have time for your friends and family, you are not modeling a healthy work-life balance.

As seasoned leaders, I think we need to instill a sense of the importance of servant leadership in younger generations. When I was first starting in business, eager to climb the corporate ladder, I asked one of my mentors for advice on what I needed to do to move up in my organization. His answer surprised me. He said: “It’s not about you as a leader. It’s about the people you are leading.” That advice has stayed with me my entire career and has shaped the type of leader I am today.

The Legacy Of Servant Leadership

There’s no question that, as a businessperson, you want your company to not only succeed but also flourish. But success is measured by much more than a profit and loss statement.

To use an example from classic literature, Ebeneezer Scrooge ran a successful business. But his authoritative leadership style not only made his employees miserable but also made Scrooge one of the most despised men in the community, destined to die alone. It wasn’t until he changed his ways and started serving others that he became truly fulfilled.

At the end of the day, it’s about how you want to be remembered—not just as a businessperson, but as a person. Leaders who prioritize the well-being of their team and foster a collaborative environment will leave behind a positive legacy of influence.

Forbes Business Council is the foremost growth and networking organization for business owners and leaders. Do I qualify?

Read the full article here

News Room October 5, 2023 October 5, 2023
Share This Article
Facebook Twitter Copy Link Print
Previous Article AI And Talent Management Is A Westworld For 2024
Next Article Why MassMutual invested in a jersey sponsorship with the Red Sox
Leave a comment Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Wake up with our popular morning roundup of the day's top startup and business stories

Stay Updated

Get the latest headlines, discounts for the military community, and guides to maximizing your benefits
Subscribe

Top Picks

5 Hidden Truths About Being a High-Growth Entrepreneur
July 17, 2025
I Tried Grok’s Built-In Anime Companion and It Called Me a Twat
July 17, 2025
Teen’s Side Hustle Became a Multi-Hundred-Million-Dollar Business
July 17, 2025
With flag football on the rise, sponsors are taking note
July 17, 2025
Before Selling Your Business, Ask Your Buyer These 5 Questions
July 16, 2025

You Might Also Like

I Tried Grok’s Built-In Anime Companion and It Called Me a Twat

Startups

‘People Are Going to Die’: A Malnutrition Crisis Looms in the Wake of USAID Cuts

Startups

Tornado Cash Made Crypto Anonymous. Now One of Its Creators Faces Trial

Startups

Linda Yaccarino Tried to Tame X. Now She’s Out as CEO

Startups

© 2024 BuckheadFunds. All Rights Reserved.

Helpful Links

  • Privacy Policy
  • Terms of use
  • Press Release
  • Advertise
  • Contact

Resources

  • Start A Business
  • Funding
  • Growing a Business
  • Leadership
  • Marketing

Popuplar

Gen Z Founder Launches Physical CD Music Service
‘Dig Inn’ is back—here’s why
The PR Playbook Every Startup Needs — But No One Talks About

We provide daily business and startup news, benefits information, and how to grow your small business, follow us now to get the news that matters to you.

Welcome Back!

Sign in to your account

Lost your password?