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Becoming a successful Managing Director (MD) requires a unique combination of leadership skills, business acumen, and industry expertise. As one of the most multi-faceted roles in creative marketing management, the MD must excel at engaging teams, driving commercial success, fostering creativity, and setting strategic vision. Hereu2019s a comprehensive guide on how to become a successful Managing Director:<br>
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Most Inspiring LEADERS SETTING The Bar For EXCELLENCE In 2024 Sabry Mohamed Group Chief Financial Officer, Emdadat Alatta Group Sabry Mohamed Transforming the Future of Finance
Why Being Real Matters More Than Popularity hile competence in management is common, the gift of inspiration is rare, separating exceptional leaders from the rest. At the core of this W exceptional trait lies a potent blend of vision, mission, and integrity that drives leaders to make a positive impact on the world around them. Inspirational leaders are driven by a deep-seated sense of purpose. They view their role not as a mere job but as a calling to effect meaningful change. They steadfastly uphold their values, even in the face of adversity, refusing to compromise. This devotion, although it may not always win them popularity, earns them something far more valuable: the trust and respect of their team. Adherence to integrity is central to the ethos of inspirational leadership. These leaders understand that every action they take is scrutinized by those they lead. As such, they conduct themselves with honor and authenticity, ensuring that their behavior aligns with their core values. This consistency breeds trust and fosters a culture of accountability within their teams. Under inspirational leadership, successful teams are united by a shared sense of purpose and camaraderie. They come together to collaborate, share knowledge, and leverage each other's strengths to achieve common goals. This collaborative spirit nurtures a strong sense of belonging and unity, driving greater engagement and productivity across the organization. In its latest edition, “Most Inspiring Leaders Setting the Bar for Excellence in 2024,”Insights Success showcases the story of a visionary leader who is driving innovation and shaping the future of the modern industry with exceptional leadership traits. As you flip through the pages of this edition, you'll encounter a tale of resistance, willpower, and boldness in the face of adversity. You'll learn how this leader overcame challenges, seized opportunities, and ultimately transformed their organizations and industries for the better. So, dive in and let yourself be inspired by the story of this remarkable leader who is making waves in the world of business. His journey, promise of superiority, and passion for innovation are sure to leave a lasting impression. Have a good read ahead!
Sabry Mohamed Transforming the Future of Finance What Can You Do with a Degree in Organiza?onal Leadership? 14. Leadership Redefined: Mo?va?ng Others to Achieve Shared Goals 18. Le?ng Go: Why the Best Execu?ves Know When to Step Back 20. What Strategies Do Successful Leaders Use to Manage Conflict? 22.
Cover Story Sabry Mohamed Transforming the Future of Finance ““ My growth mindset and never- giving-up attitude have shaped my problem-solving skills. Perseverance and learning from my mistakes helped me develop analytical and problem-solving abilities that have helped me even today as a CFO at Emdadat Alatta Group.”
Sabry Mohamed Group Chief Financial Officer, Emdadat Alatta Group
What Can You Do with a Degree in Organizational he value of a degree in correlates with career advancement, Consulting organizational leadership those looking to elevate their T stretches far beyond leadership capabilities may consider Consulting is a dynamic career path conventional leadership roles. This furthering their studies. Pursuing an that allows organizational leadership comprehensive program molds online masters degree in organizational graduates to leverage their expertise individuals into versatile leaders leadership from Wilson College, for across various industries. As capable of navigating the complexities example, allows individuals to deepen consultants, they help organizations of modern workplaces. It blends their understanding of complex navigate change, improve theoretical knowledge with practical organizational structures, enhance performance, and develop strategies applications, ensuring graduates are strategic decision-making skills, and for growth. Their ability to diagnose ready to make a tangible impact in specialize in areas such as change problems, propose solutions, and guide various sectors. This article delves into management or leadership psychology. leadership through transformation the myriad opportunities that await This advanced degree can catapult processes makes them invaluable those armed with a degree in professionals into higher echelons of assets. This career offers the flexibility organizational leadership, highlighting leadership, opening up opportunities to work on diverse projects, constantly the diversity and potential of career for executive positions and specialized challenging and expanding one's skill paths available. consulting roles. set. Management Positions Human Resources Nonprofit Leadership One of the most direct applications of The realm of human resources (HR) The nonprofit sector offers a unique an organizational leadership degree is greatly benefits from the insights and avenue for organizational leadership in management. This field opens doors skills developed through an graduates to apply their skills toward to overseeing departments, guiding organizational leadership degree. HR mission-driven objectives. Leading a teams, and leading projects. Managers professionals play a critical role in nonprofit requires a delicate balance of equipped with leadership skills are shaping the workforce, from business acumen and social adept at motivating staff, resolving recruitment and training to commitment, as these leaders must conflicts, and implementing strategies performance management and manage resources efficiently, engage that drive organizational objectives. employee retention. Understanding stakeholders, and drive impact. The They act as the linchpin between organizational dynamics and leadership qualities honed through an executive vision and operational possessing strong leadership skills organizational leadership degree equip execution, ensuring goals are met enables HR practitioners to build a individuals to navigate the challenges efficiently and effectively. culture that attracts and retains top of nonprofit management, from talent, aligns employee objectives with fundraising and volunteer coordination to program development and Advancing Your Education company goals, and fosters a positive, community engagement. productive workplace environment. In a world where education often 14 July, 2024 www.insightssuccess.com
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Entrepreneurship strategic planning, ethical leadership, Corporate Social Responsibility and effective communication, (CSR) Entrepreneurs with a background in individuals can contribute to policy organizational leadership have a development, public service Leadership in CSR is a pathway for distinct advantage. They possess the improvement, and the management of graduates to apply their skills towards strategic vision to identify market government initiatives. Leadership in ethical business practices, opportunities, coupled with the this context involves a commitment to sustainability, and community leadership skills to mobilize resources public interest, transparency, and the engagement. This role involves and drive startup success. Leadership efficient use of resources to serve the developing and implementing CSR training prepares them to face the community. initiatives that reflect the organization's uncertainties of entrepreneurship, from commitment to social and scaling their business to navigating Health Care Management environmental responsibility. competitive landscapes. By applying Organizational leadership skills are principles of effective leadership, The health care sector increasingly critical in aligning CSR efforts with entrepreneurs can build cohesive recognizes the need for strong business objectives, engaging teams, foster innovation, and establish leadership to manage hospitals, clinics, stakeholders, and measuring the impact a strong organizational culture that and other medical facilities. A degree of these initiatives. Leaders in this area sustains growth and adapts to change. in organizational leadership equips drive positive change, enhancing the individuals to handle the challenges of organization's reputation and Educational Administration health care management, including contributing to a sustainable future. operational efficiency, patient care The field of educational administration quality, and regulatory compliance. Conclusion is another area where a degree in Leadership skills enable health care organizational leadership proves managers to lead multidisciplinary A degree in organizational leadership invaluable. Leaders in education, such opens a world of possibilities across a teams, optimize resource allocation, as school principals, district diverse range of sectors. From and implement initiatives that improve administrators, and university deans, patient outcomes and operational entrepreneurship and education to benefit from the strategic planning, performance. This role demands a government and health care, the team building, and organizational balance of technical knowledge and leadership skills acquired are management skills acquired through interpersonal skills to navigate the universally applicable and highly this degree. They are tasked with complexities of the health care valued. These career paths offer not shaping educational policies, environment. only professional growth and improving school systems, and advancement opportunities but also the ensuring that educational institutions Training and Development chance to make a meaningful impact in meet the needs of students and organizations and communities. As the communities. The leadership qualities Specializing in training and need for effective, ethical, and adaptive honed through their studies enable development allows organizational leadership continues to grow, those them to drive educational reform and leadership graduates to focus on equipped with a degree in make a lasting impact on the future of enhancing workforce capabilities. With organizational leadership are well- learning. a deep understanding of learning positioned to meet these challenges principles and organizational behavior, and lead the way toward a brighter, Government Agencies these professionals create engaging more inclusive future. learning experiences that align with Graduates of organizational leadership strategic goals. They play a critical role programs are well-suited for roles in fostering a culture of continuous within government agencies. These improvement and adaptability, positions often require the ability to ensuring organizations remain manage complex projects, lead diverse competitive in a rapidly changing teams, and navigate the intricacies of business landscape. public administration. With skills in 16 July, 2024 www.insightssuccess.com
Leadership Redefined: Motivating Others to Achieve Shared Goals he traditional image of a leader of purpose and direction, inspiring In addition to motivation, leaders must as a commanding figure, individuals to contribute their talents also focus on developing the T issuing orders from the top, is and energy towards a common goal. capabilities of their team members. By rapidly evolving. Today's effective By involving team members in the providing opportunities for learning leaders are more akin to facilitators, vision-building process, leaders can and growth, leaders can help inspiring and guiding teams towards foster a sense of ownership and individuals reach their full potential. shared objectives. This shift commitment. Coaching, mentoring, and providing necessitates a redefined approach to access to development resources are leadership, one that prioritizes Furthermore, effective leaders essential for building a high- motivation and collaboration. empower their team members to make performing team. decisions and take ownership of their At the core of this new leadership work. Micromanagement stifles Ultimately, leadership is about serving paradigm is the understanding that creativity and innovation, while others. By focusing on the needs and people are not merely resources but autonomy fosters a sense of aspirations of their team members, individuals with unique strengths, responsibility and accountability. By leaders can create a positive and aspirations, and motivations. To delegating tasks and providing the inspiring work environment. By harness the full potential of a team, necessary support, leaders create an empowering individuals to contribute leaders must cultivate a culture of trust, environment where individuals can their unique perspectives and talents, respect, and empowerment. By thrive and develop their skills. leaders can unlock the full potential of creating an environment where their teams. individuals feel valued and engaged, Building strong relationships is another leaders can unlock extraordinary levels essential aspect of motivating others. In today's rapidly changing world, the of performance. Trust, respect, and empathy are the role of the leader is evolving. cornerstones of effective leadership. Successful leaders are those who can Motivation, the driving force behind By actively listening to team members, inspire and motivate others to achieve human action, is a critical component understanding their needs and shared goals. By building trust, of effective leadership. While extrinsic concerns, and providing support and empowering individuals, and fostering rewards like bonuses and promotions guidance, leaders can create a positive a culture of collaboration, leaders can can provide short-term incentives, and supportive work environment. create high-performing teams that intrinsic motivation, derived from a drive organizational success. sense of purpose, autonomy, and Effective communication is crucial for mastery, is far more sustainable. aligning team members towards shared Leaders who can tap into the intrinsic goals. Leaders must be clear and motivations of their team members are concise in their communication, more likely to build high-performing ensuring that everyone understands the and resilient teams. expectations and priorities. Regular To inspire intrinsic motivation, leaders feedback and open dialogue are must focus on creating a shared vision. essential for maintaining alignment and A compelling vision provides a sense addressing challenges. 18 July, 2024 www.insightssuccess.com
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Letting Go: Why the Best When to Step Back he quintessential image of a Building a Strong Leadership Bench The Legacy of a Great Leader successful executive is one of T unwavering determination, Successful executives recognize that Letting go is not about abdicating relentless drive, and an iron grip on the their role evolves over time. Instead of responsibility. It’s about creating a reins of power. Yet, paradoxically, the being the primary problem-solver, they sustainable, thriving organization that most effective leaders often understand become architects of the organization's can continue to succeed long after the the art of letting go. It’s a future. This requires nurturing and founder or CEO has departed. By counterintuitive concept, but the ability developing a strong leadership team. empowering others, executives build a to step back, delegate, and empower By delegating authority and legacy of leadership development and others is a hallmark of exceptional responsibility, executives create organizational excellence. leadership. opportunities for others to shine and grow. This not only builds a robust Of course, stepping back is easier said The Perils of Micromanagement leadership bench but also instills a than done. It requires a high degree of sense of ownership and accountability self-awareness, humility, and trust in Many executives rise to the top among employees. others. It also involves careful planning because of their exceptional skills and and execution to ensure a smooth ability to deliver results. However, Knowing When to Step Back transition. But the rewards are what got them there might not be the immense. By letting go, executives can best strategy for scaling a business or Determining the right time to step back free themselves to focus on higher- fostering long-term growth. A tendency is a complex decision. There are level strategic initiatives, while to micromanage, while understandable, several indicators that might signal the simultaneously creating a more can be detrimental. need for a change in leadership style: engaged, empowered, and resilient organization. It stifles innovation, demoralizes • Stagnation: If the organization is employees, and prevents the plateauing despite concerted In conclusion, the ability to let go is a organization from reaching its full efforts, it may be time to inject crucial leadership competency. It’s a potential. new perspectives and energy. testament to a leader’s confidence, • Burnout: Excessive stress and wisdom, and commitment to the long- Moreover, excessive involvement in exhaustion can impair judgment term success of the organization. By day-to-day operations can hinder and decision-making. understanding when and how to step strategic thinking. Leaders who are • Loss of Passion: If the executive’s back, executives can create a lasting constantly firefighting are less likely to enthusiasm for the role is waning, impact that extends far beyond their have the time or mental space to focus it might be time to consider a tenure. on the big picture, such as industry transition. trends, competitive landscape, or long- • New Opportunities: Sometimes, term vision. stepping back from one role opens doors to even more impactful opportunities. 20 July, 2024 www.insightssuccess.com
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What Strategies Do Succe?ful Leaders Use to Manage Con?ict? ffective leadership often hinges For example, when employees on the ability to navigate disagree, a leader might ask open- E conflict well. Some level of ended questions to grasp both conflict is inevitable in work perspectives. This helps find common environments; when it does arise, ground. By clearly acknowledging successful leaders manage it with a everyone's feelings and concerns, mix of empathy, clarity, and leaders build trust and create a decisiveness. comfortable environment where teams know they can express their concerns Consider a situation in a bustling office safely and without judgement. where differing opinions on a project lead to raised voices. A proficient This ensures that employees know they leader intervenes not merely to silence are valued and will be heard. Through the discord, but to understand the active listening, leaders help navigate underlying causes and guide the team conflict effectively, and maintain a towards common ground. harmonious workplace. Such leaders maintain team harmony Mediation and morale, ensuring that conflict, when it occurs, becomes a stepping A good leader knows how to handle stone towards greater understanding disputes effectively, not just by and team synergy, rather than a listening and providing solutions stumbling block. Their approach is themselves, but by helping teams do pivotal in sustaining a harmonious and this together. Managers focus on productive work environment. There bringing teams together and finding are many strategies that successful common ground, making everyone feel leaders use to manage conflict: heard and respected by the rest of the team. Active Listening When leaders use this approach, they When a team member feels frustrated, often find solutions that work for all a great leader will put their own involved. For example, in a workplace, opinions aside and listen intently. a manager might sit down with team They focus entirely on understanding members who disagree. By guiding the speaker's thoughts and emotions. them through a calm discussion, the 23 July, 2024 www.insightssuccess.com
manager helps them reach an in conflict. Should a team member start Fairness and Consistency agreement that works for both of them, to discuss personal matters during a and makes them feel included in the meeting, the leader can gently remind Effective leaders handle conflicts by decision-making process. This helps to them of this guideline, maintaining the treating everyone equally and applying boost team morale and productivity. team's focus and preventing disputes. rules consistently. Mediating conflict with compassion With clear boundaries in place, team In workplaces, managers who stick to and empathy is just one of many members can collaborate more the rules when resolving conflict create traits of a good leader, but it's an effectively, staying on task and getting an environment where everyone knows important one in that it provides an the job done. exactly how things work. Employees opportunity to model respectful and know what to expect and believe their effective communication. Collaborative Problem-Solving concerns are taken seriously and equally. This helps build a strong team Establishing Common Goals Leaders often gather their team to that works well together and avoids address challenges as a group when serious conflict wherever possible. Leaders excel at guiding their teams they encounter problems. This strategy toward a shared vision, ensuring involves openly discussing each team Take the example of a grocery store everyone works in harmony. For members’ perspectives to forge a manager mediating a disagreement instance, if a team has a big project solution that accommodates everyone. between two clerks — the manager coming up that they need to get right, Similarly to mediation, collaborative might remind them of the store’s communicating everyone’s roles and problem-solving requires a leader to respect policy, reassuring them that everyone is held to the same standards, responsibilities clearly is important in encourage communication within the before listening to both parties recount ensuring the team is on the same page, team, although problem-solving is and no issues arise later from overlaps their experience and discontent, giving more about preventing disputes than in work. Similarly, bringing the team them the same treatment and time to do dealing with them once they arise. together to set really clear goals also so. Depending on the issue, the helps to minimise disagreements over manager will have to make a decision Take the case of a team leader at a individual approaches. about resolution, but fairness and software company who has been contacted by a client who noticed two consistency will be key in the process. This inclusive approach not only programmers using different systems prevents potential conflicts but also for their tasks, and this is impacting the Successful leaders manage conflict in fosters a strong sense of community client’s work. The leader could ways that can greatly improve both and purpose. It's like a family planning organise a meeting to discuss the harmony and productivity in the a holiday together — when everyone different options and decide on one workplace. Doing so effectively agrees on the destination, it’s more together. This could prevent the involves viewing conflict not as a likely to be an enjoyable experience for difference becoming a much bigger hindrance but as a chance to strengthen all involved. issue that leads to conflict with the team bonds and encourage a more client, or between team members. innovative environment. Setting Boundaries During this session, each person shares their thoughts and concerns. They Managing disagreements is an When leaders establish clear rules explore ways to blend the best unavoidable part of leadership; when about acceptable behaviour, it can elements of both systems. done right, it can result in a more prevent conflicts from arising. driven team and consequently a Consider a manager at a company who By the end of this meeting, the team healthier, forward-looking stipulates that meetings should focus reaches a consensus on a new approach organisation. solely on work-related discussions, not that leverages the strengths of the personal issues. This clarity ensures original suggestions, allowing the that everyone understands the project to progress efficiently. This expectations, and no one engages in approach not only prevents the conflict inappropriate conversations that could but also strengthens the bonds within make others uncomfortable and result the team. 24 July, 2024 www.insightssuccess.com