Entrepreneurs and business leaders are empowered by their bold vision, whether it’s to disrupt space and take a company to the next level, become a trailblazer with new game-changing products and services, or create a better solution in the market. To garner results, self-made entrepreneur Daniyar Zhanbekov explains that a leader must motivate top performers to execute their vision by instilling the belief that the vision is realistic and achievable.
Share Your Strategy, Create a Merit-Based Environment to Motivate Performance
A leader’s vision should be supported by strategy, an understanding of the niche market and competitors, and transparent data and metrics for measuring results to ignite a team’s imagination and motivate each individual to move forward together. While individuals also choose to share a leader’s vision based on their relationship with him or her, Daniyar Zhanbekov underscores the need to create a respectful, transparent, and merit-based environment where each team member is driven by results, knowing they will be evaluated solely based on performance.
Attracting and Retaining Top Performers, Getting Results
Building and maintaining the right team is critical to bringing one’s vision successfully to life. This involves choosing a balanced team with complementary skill sets and working in a healthy, equitable, and transparent environment that leaders create. Although you may not find people who fit the perfect requirements for a specific role, the collective team should have them all covered.
Once you attract top performers, it’s essential to continually keep them motivated and provide growth opportunities, realizing they always have other options in a highly competitive labor market. The competition is indeed fierce, with strong teams in companies in the same vertical executing and looking for a win. Therefore, Zhanbekov says a leader should always demonstrate strength and focus in consistently growing the business. Demonstrating hard work, strategic brilliance, transparent decision-making, and inspiring top performers to take ownership of the company and its vision will help retain talent and achieve positive milestones. Embrace the team’s feedback and empower them to feel their importance within the company. Having skin in the game is a clear motivator for top performers. The last thing you want to do is micromanage your team.
On the other hand, if there is an issue with a team member, as a leader you must be quick to pivot and let go of anyone who isn’t the right fit for the organization.
Daniyar Zhanbekov also explains that a leader must experience some big, quick wins to validate your vision and motivate the team to keep pushing forward. Also, if, in analyzing and understanding the competition landscape, you feel that the odds are against gaining and winning market share, the option to sell, merge, or purchase a competitor before it grows into a formidable foe should be on the table.
Having a bold vision, a strong strategy, and the right team that shares a common outlook and is motivated and rewarded for results provides the opportunity for a company to become an industry leader.
Published by: Holy Minoza
