The Power Of Leverage And Leadership

Objective Of The  Course

  1. To help trainees who want to be intrapreneurs have the mindset to drive innovation and uncover opportunities within the challenges of operating in a developing country.
  2. To create and run he cycle of creativity, innovation, and problem-solving can be fruitful across departments and disciplines.
  3. To help intrapreneurs test their innovations and demonstrate the viability of their approach at a larger perspective.

Brief Tips on Intrapreneurs

  • “Intrapreneurs”–working from within a company who are accelerating change while continuing to drive business benefits. Intrapreneurship is the key to meeting these expectations while maintaining business value for an organization. In leveraging the creativity and innovation of intrapreneurs, there is need to change the way things are being operated while maintaining a clear focus on our business imperatives.
  • Economic constraints are forcing even large, established companies to act in a manner akin to the startup phase of much younger organizations; they’re leveraging the creativity and passion of their people to become more dynamic, more innovative, and more agile.
  • The intrapreneurial mindset helps drive innovation and uncover opportunities within the challenges of operating in a changing world. Many of these challenges are best tackled with integration across the business, and intrapreneurs–being tinkerers, brainstormers and ideas-sharers–are the most likely individuals to reach out and engage their peers in problem-solving across the company.

LEVERAGE

The ability to influence a system, or an environment, in a way that multiplies the outcome of one’s efforts without a corresponding increase in the consumption of resources. In other words, leverage is the advantageous condition of having a relatively small amount of cost yield a relatively high level of returns Simply put, it means using something to maximum advantage. To use something that you already have in order to achieve something new or better. It could also be defined as the power to influence people and get the results you want. Whichever way you deem more appropriate, the bottom-line is you are doing something to get a result. Now will it be appropriate to consider some things that could be leveraged and what leveraging them is all about

  1. REPUTATION

Have you had an opportunity to lead some where? Have you been saddled with responsibility of taking up a task? It is a good one at the moment, but then the moment isn’t the end. Many misbehave in organizations , i  mean positions of authority because they see it as a thing of the moment. But as much as the present moment matters, the moments to come matter most. “He once served as the leader of this sub-group, the secretary of this organization, even the senior prefect in secondary school”, that is talking about the reputation. Making conscious effort to make the best use of this opportunity for the years that lies ahead will be a good one, then proudly referencing such in later days, which of course will be possible if the first aspect of doing good is met, will be tantamount to leveraging one’s reputation.

  1. TIME

 

A wonderful way of leveraging time is by delegating tasks to subordinates; employees, younger ones, children, assistants or other business partners and associates. Take a thorough assessment of your life and determine where your input is of great benefit; where you bring the most value to your family, career and importantly your business. When you discover this, invest your energy to those tasks that require the advanced skills which are your strength, then allow people around you(most likely subordinates) to take on the rest. Whatever job/project/product you are to carry out, you need not overburden yourself with all the workload while taking forever to complete, assign work appropriately to others and make it known that you are in charge from the onset for a smooth running as well as getting credit for your work.

Another incredible way to gain time is by grouping several similar activities that have the same goal together. When you are cooking a meal now, preparing for the next night dinner will be a great idea. The two are in tune and nothing’s out of place.

  1. EDUCATION

Institutions are citadels of learning where knowledge is acquired. You might be out of school and your education may have ended, but have you explored the benefits it still offers? Most universities, colleges and other institutions of learning, as well as professional bodies organize and present lectures, retreats, seminars and even travel opportunities that are exclusive to people of those communities and closed off to the public. Taking advantage of these opens you to the cutting edge in research and experiences brought to life by experts.

Taking online courses like Digital Skills 101 ; an online course which is targeted to help trainees understand the digital world. The networking opportunities your past education and current, possibly vibrant, local alumni chapter has to offer is a great one. Little wonder why most social networks especially LinkedIn which helps a lot with career requires educational background, institutions attended and the likes. They know job recruiters and business owners have an eye for anything to connect with a job candidate. Exploring the common experience, things similar to the group, helps them evaluate whether they’re a fit for the company or not.

  1. ACHIEVEMENT

It almost natural to get carried away when we have a breakthrough in life as humans; lost in the joy and a sense of fulfillment that an achievement brings. We take time to ourselves celebrating. “Oh yeah I made it! This calls for celebration!! I deserve a time off for a job well done!!!” This is not bad in itself but at the same time not for the greater good. While you may see an achievement as an hallmark of success in itself, consider if this singular and limited win could be spread to other aspects.

It will be good to consider the lives of celebrities as it relates to brands, companies and establishment. There comes a time in the lives of celebrities when the skyrocketing popularities begins to *dwindle*, tending towards zero. And of course no one reigns forever. There have been stories of many celebrities who negotiate a good deal with companies at the peak of their career and were able to make a fortune for themselves because they were the people’s favourites. Companies were willing to meet with their demands to be their ambassadors or for other promotional purposes as a result of their achievement but there always come a time when some young stars arise and attentions will be shifted from “the people of old.” Those that will make the best use of their shinning days always will as well have a fortune to fall back to in their later days.

It is worth noting that there is a reward for an achievement, which of course many will be contented with. Then comes the bigger picture of using this as a means of achieving something even bigger.

  1. SKILLS AND TALENTS

While it is indeed fantastic to be talented, there are stories of people who squandered it. Talent without hard work doesn’t take a man far. It is one of the reasons while a student will be regarded as “the most likely to succeed in school” because of the talent but some years to come the same far behind the one no one reckons with during school days on the ladder of success. Individuals who take their talent for granted and fail to make an investment of it miss the opportunities that come along in one’s career. Leverage your talent and acquire more skills, expanding your knowledge base by adding to them continually.

In this present age, nothing stays static especially in the digital world. There are new innovations, inventions and even betterment of the existing ones at short intervals. Are there tools that you can use very well today and you are in fact making a living out of it? Why not seek knowledge of others, explore and have a robust knowledge base. The digital world is all about trending. That which is trending today might not be tomorrow. Aside that, an opportunity might come your way that require that skill your are looking down on today and then it might be late to adjust.

The saying holds true that “Luck is opportunity meeting preparation” – BE WELL PREPARED.

  1.  CONNECTIONS

Having the mind of benefiting from someone as the main purpose of befriending them is indeed not a good ground on which friendship should stand, but the fact remains that friends come handy in times of need. When it comes to being well informed, connections play a vital role. An opportunity pops up at a friend’s place of work, he will be happy to let you know first either as a kind gesture, a returned favour or even because their level of trust in you is high and they will prefer you have the job rather than an outsider. Information can save lots of time and headache. The opportunity you have been looking for a long while ago, surfing the net for job openings and the like are handed over on a platter of gold by friends in lots of cases. Before the advert hits the market you already know, that gives you an upper hand plus the fact that some will not even come to the public hearing.

Friends could be willing to hand you a recommendation letter which might save the day. Humans tend to trust someone recommended by a person of high esteem that someone just coming out of the dark without any recommendation.

So instead of withdrawing to your shell all the times, why not brace up, cheer up and make friends, get connected more to the right people.

 

LEADERSHIP

 

One will define leadership as the action of leading a group of people or an organization, or the ability to do so. Another will say leadership is the ability of an individual to influence and guide followers or other members of an organization.

But to think of it at the preliminary level before a person can lead in any capacity, such must have follow in some ways be it directly or indirectly in the same field. In order word, a very good understanding of the essence of a group or an organization is one thing that makes a leader of such a gathering. Leadership demands of a leader to be able to instruct, guide, explain using examples and answer questions, even difficult ones about the business or dealings of a gathering.

It will then be appropriate to say leadership is product of “followership”. One could argue that intrapteneurs are responsible for much of the innovation we see taking place in organizations today, particularly when leaders create an environmental culture within the enterprise that fosters and encourages “out of the box” thinking (a substantially over-used term, but relevant nonetheless). Subsequently, one could also cast intrapreneurism as an effective tenet in leadership development…

Foster a culture where everyone has the responsibility and voice to identify opportunities to create shared value. Infuse this approach into your hiring practices and start building an employee base that is innovative and agile.

Inspire people and offer them exposure to resources, trends, insights, and best practices that can accelerate their work. Leverage the power of grassroots movements within your company; let ideas bubble up from within and engage local office champions to encourage their peers and be voices for action.

Recognize  best practices and provide yourself and organization with exposure to  have uncovered innovations; where possible, provide access to decision makers within the company that have the ability to pave the way for greater adoption of new ideas.

I trust you learnt some new thing about the power of leverage and also leadership.

Task of The Day:

Write your feedback about just one challenge encountered by intrapreneurs in Nigeria and suggest your own way of solving it.

Have a great day.

 

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25 Comments Add yours

  1. tomide2020 says:

    I’m gaining more knowledge here through this lesson. Knowledge is power. Thank you Mindthegap administrator.

    Like

  2. nosaiz says:

    One of the many challenges of an interprenure is:
    TEAMBUILDING

    This is especially hard if you’ve never run or managed a team before, but even if you have management experience, picking the right team for a startup is stressful and difficult. It’s not enough to find candidates who fill certain roles you also need to consider their cost to the business, their culture fit and how they’ll work as part of your overall team. Such considerations are exceptionally hard when you’re under the pressure of filling those positions as soon as possible.

    SOLUTION.
    the best way to institute a work and goal getting team is to first identify each individual staff by the follow:
    1. Give each of them the same task to submit the result at different times, such task could be a research work.
    2. Identify their ability to put together resource used to carryout the task.
    3. Assess their overall performance by evaluating their outcome.
    4. Make a pair of them to perform the same task to see their team spirit.
    4. Then draw up your plans for those to be in your company team by your final analysis.
    5. Make them work as a team and not as an individual by considering inputs from all parties and making use of the overall agreed choice.

    Thanks. From NOSA IZEKOR

    Like

  3. SAHEED MOSHOOD says:

    Now realized the power of leverage. So, I can use that little influence to maximize greater opportunities. Thanks.

    Like

  4. FAITH says:

    Thos lesson is secret revealed.
    Thanks to GOOGLE, MINDTHE_GAP, and THE-FACILITATORS.

    Liked by 1 person

  5. Ojo Nurudeen says:

    I have been made to know from this lesson that the power of Leverage and Leadership are very important substance needed in any organization to remain afloat in business.
    We are very grateful for this knowledge.

    Like

  6. Ojo Nurudeen says:

    l have been made to know from this lesson that, the power of Leverage and Leadership are very important substance needed in any organization to remain afloat in business.
    We are very grateful for this knowledge.

    Like

  7. This is so amazing, I was never known the programme will bring more light to my life..I really appreciated for being one of d trainee’s..much tnx to my facilitators.

    Like

  8. Faidat says:

    Enlightening lesson. I appreciate mind the gap for sharing this information with us

    Like

  9. Arit Archibong says:

    Topnotch! Thank you @mindthe_gapng

    Like

  10. Felix Akinnibi says:

    Having the right connections.
    Updating my knowledge continually.
    Great stuff. Thank you!!

    Like

  11. Ekpoanwan Ibe Effiong says:

    “opportunity might come your way that require that skill your are looking down on today and then it might be late to adjust”.
    Thank you for this lesson, The Power Of Leverage And Leadership. I have to put more effort in what ever talent or skill I have now. God bless your kind works mindthegap and google.

    Like

  12. Aisha Abdullahi Danbaba says:

    Tnxs so much @mind the gap,this lecture ix lyk a light to my darkness

    Like

  13. This lesson is an Eye-opener. I love every bit of it

    Like

  14. Abass Bakare says:

    Most of these, I have heard before, but, the quote “Never mistake activity for achievement” just made my day, thanks for citing that.

    Like

  15. Bassey, Asuquo says:

    Today I’ve learnt a lot abt the power of leverage and leadership all thanks to @mindthe_gabng

    Like

  16. It’s Educating…….. Nice one

    Like

  17. Toty Etekpi says:

    Rich content,enjoyed the lesson thank you @MindThe_GapNG and my facilitators great job!!!!

    Like

  18. Alyasa'a Hassan says:

    I have been going through this particular post over and over again. I am not just learning from it, but also absorbing the ideas. This is rich knowledge and a rare opportunity to all of us that were recruited by the Federal Government of Nigeria under the N-power Agro Programme in other to function as intermediaries between farmers and research. We should take this training very, I mean very seriously. I can’t thank the facilitators of this training enough. May God bless our endeavors.

    Like

  19. Oladeji Adeola says:

    Wow!
    I really enjoyed the lesson .
    I feel more valuable.. Thank you Mindthe_Gap for the opportunity

    Liked by 1 person

  20. Letty Edet says:

    Today’s lecture was one of it kind, I just didn’t read it I eat it. This is the greatest empowerment on earth, teaching one to become. Thank you for the power

    Like

  21. Sola Mathew says:

    One of the challenges encountered by intrapreneurs is the knowledge and the ability to market themselves via the technological world. This has either reduced or Mar their visibility for sales.

    Solution is educating as many as possible on digital marketing skills.

    Like

  22. Victor Abel Ibrahim says:

    Understanding the greatness that there is in one’s ability to effectively utilize the power of leverage will definitely change ones way of thinking to a positive goal getter not just from self but also others. Much respect for you @mindthegap

    Like

  23. Yahya says:

    Money is indeed nothing compared to the power of knowledge. I have nothing to say rather than to applaud your effort towards human development. Have learnt a lot and realized some of my problem from this, thank u.

    Like

  24. kazeem omokayode says:

    Cash Flow Management: Many entrepreneurs, especially the inexperienced ones, do not manage their finances properly. This is one of the reasons why some businesses start, run successfully for a while and eventually pack up with nothing to show.
    Giving out too many credits to costumers will definitely affect your fund. Using fund from your business capital to pay personal bills is a poor management practice that spells doom for any business.

    Solution: The solution is to plan to manage your cash effectively, do not give out too much credit, and limit diverting funds from your business to other unprofitable liabilities.

    Like

  25. Oseni Wasiu Olawale says:

    This is another interesting lecture. Thank you

    Like

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