11 Habits of Highly Effective Leaders

• Take Care of Yourself
- Diet, Sleep and Exercise Management
- Vacation

• Pay Attention to Indicators
- Client and employees you shouldn’t have lost
- Understand there is a speed bump out there and always watch for it
- Initiate change

• Teaching On The Job
- Instructing
- Praising
- Giving Feedback
- Career Advice

• Foxhole Fortitude
- Getting in and fighting on a temporary basis on something you don’t like to do

• Taking Time Out to Think, Read, Appraise
- Goal: Change with the times

• Always Thinking Ahead Strategically
- Firm strategy (bring people together to set a vision)
- Structure/culture
- Career planning on key people
- Develop“Singularity” For Your Product

• Fostering Teamwork
- Nurture institutional rather than selfish instincts
- Recognition
- Your own leadership style
- Humility and Empathy: not arrogance and complacency

• Staying in TouchWith Your People
- Staff meetings
- One-on-ones with the key people
- Surveys
- Candor

• Fiscal Responsibility
- Protect the firm
- “If you don’t produce, you don’t get” mentality

• Take Calculated Risks
- Shakespeare Quote: “There is a tide in the affairs of men, which, taken at the flood, leads on to fortune: omitted, all the voyage of their life is bound in shallows and miseries.”

• Trust Your Instincts