Leadership is often equated with a position of authority. In the corporate world, a company’s success could be dependent on how effective the leaders of that company are. A revolutionary way of measuring the effectiveness of an individual’s leadership has been recently formulated. Leadership metrics present a scientific and systematic way of measuring how good a leader is by a series of capital elements. A leader’s performance is graded through these elements. Also taken into account are the leadership conditions in which they operate in. The combined elements of leadership capital and leadership conditions are a surefire way to determine whether an individual is an able and competent leader or not.
The Leadership Capital Assessment is a formal instrument of measurement in this metrics. Leadership Capital refers to the six areas of competency possessed by a person in order for him to lead the company to brighter and more prosperous conditions. These competencies are innate qualities of an individual that are useful for effective leadership. He must have the wisdom, trust, courage, voice, values, and vision. Vision and values are two philosophical frameworks used by a leader in his operations. Wisdom and courage are sterling attributes for a leader to make effective strategies, come up with the right decisions, and solve problems. A leader’s trust and voice could lead others to follow the path a leader is directing them to. These qualities are needed to interrelate with others in the company.
This self-examination metrics basically measure the six competencies on a scale of 1 to 99. An ideal average of 70 is needed after all areas of competency are graded. A score of more than 90 and less than 40 indicates that the individual is displaying tendencies for anti-leadership. Anti-leadership refers to either the lack or excess of leadership capital elements.
Although a leader may possess innate qualities that are very useful for him to lead the company, it is also important to consider the environment he works on and the prevailing conditions. These conditions are important elements that would provide the individual a good opportunity to lead. Ideally, the person must be at the right place and at the right time. He must also do the right things that would move the company forward. Most importantly, he must be working with the right people. These conditions are very vital since these would foster the leadership capital possessed by an individual.
The metrics rate these conditions from the range of very poor to very good. An individual must be presented with good to very good conditions in the four areas. Otherwise, their environment is not good for them and they will have less than ample opportunity to lead.
An ideal leader is someone who exhibits the right balance in all six competencies. Deficiency and excess in these competencies could result to disastrous leadership. Metrics are very important here since these could identify problems in leadership and could save a company from the perils of disastrous leadership. More importantly, the leadership metrics used are better than a mishmash of opinions and judgments where certain elements of leadership might be left unexamined or over-baked in scrutiny.
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