Leading as Warren Buffett: 8 principles beyond investments
Warren Buffett Its trajectory is popular worldwide before Berkshire Hathaway.
But in addition to his financial market hits, Buffett is also a reference to leadership. Its principles are beyond investments and in any professional case, a company or team development can be applied.
1. Actual optimism
Buffett believes that the leader should maintain a positive attitude even in the most challenging moments, but without ignoring reality. He argues Optimism should not be blind: it takes the hope and attention of the future, but on the ground with your feet. It helps to maintain the inspiration and the credibility of the leadership.
2. Accept errors with transparency
Unlike many leaders to hide the failure, Buffett openly recognizes their mistakes. He shares myths with his shareholders in his annual letters, which demonstrate humility and respect. Errors strengthen trust and make leadership human.
3. Long -term vision
For buffet, there should be focus on important ones in 10 or 20 years, not in short -term fluctuations. This strategic perspective allows for more stable decisions and prevents impressionous movements. The patience and vision of the future is the markings of your management.
4. Calm and emotional control in crisis
In economic confusion, Buffet usually works with rationalism. He does not make a hasty decisions and believes that a good leader is perfect at these times. Your advice: Be calm, assess the data and deal with the strategy.
5. Be the choice and stable
Buffett is careful with those who are associated with and companies investing in. It seeks partners with view values and stable methods. This selectivity extends to your leadership: it is better to build a thin and aligned group than trying to receive everything.
Investing in knowledge is the safe asset
6. Invest in knowledge and continuous practice
Buffett is often the protector of the reader and steady practice. For him, no professional is the lack of great danger knowledge. He advises leaders to study, hear and update time – this is an investment that brings a guaranteed return.
7. Work with quality individuals and organizations
Another principle of the investor must be surrounded by talented, moral and committed people. He prefers businesses that offer steady competitive advantages and also apply this standard to labor relations. Having a healthy and productive environment is part of a successful strategy.
8. Keep discipline and patience
Buffett does not hurt. He knows how to expect the best opportunities, and this discipline is crucial for his great hits. In the lead, this attitude helps to prevent decisions and consolidate long -term solid results.
