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Lessons from the Great American Leaders & How They Apply Now

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Awash in Data But Starved For Knowledge

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Leaders are awash in data and information but starve for knowledge. Information is useless unless it readily provides the leader with key insights that allow him or her to apply their expertise to solve a problem, resolve an issue or improve performance. Additionally, too much information can hinder a leader’s ability to effectively lead their organization.

As corporations grow, they tend to become bureaucratic. Individuals generate reams of reports and forms to justify their position and importance. Some managers hide their inefficiency behind mountains of reports and data. Effective leaders are able to rise above this sea of information and distill it into a series of key metrics and reports. This effort provides them with the knowledge needed to manage their areas of responsibility.

This is important for leaders to understand because it is too easy to get bogged down in meetings and reports that don’t contribute to their productivity and profitability. Leaders use information to their advantage but cast off the burdens of needless information that hinder their ability to lead.

Leaders are able to filter through the bureaucratic sea of information to obtain the specific data and reports they need to effectively manage their activities and organizational unit. They are able to do this by using the following techniques:

Knowing What Is Being Reported and Available

Leaders know what is being reported throughout the corporation and what is available to them. They are able to filter out the reports and information they need to receive. They cancel or delegate other reports to subordinates to analyze for them.

Knowing What Information Is Needed

Leaders know what critical sections or numbers in a report they need to access. Where possible, they use subordinates to generate a simple one-page summary of the information they need to effectively lead and manage their organization. If necessary, they refer to the full reports for additional detail. They understand that delegation frees up their time and ability to effectively lead. This action also allows subordinates to professionally develop critical skills.

Knowing What the Information Reports

Effective leaders ensure they are provided with precise information and data they require to efficiently lead and manage their organization. They also know what every metric means to them at a single glance, gauging whether performance is increasing or lagging. When necessary, they know where to go to obtain the supporting data and analysis required, to assist them to pinpoint problematic areas of performance.

Knowing How Often Information Should Be Received

Effective leaders know the frequency when specific information needs to be reported to them. They know what information they need to have at their fingertips and what can be periodically reported to them. They understand that timeliness of specific information is essential to their success. They also know that information reported too frequently is as hindering as having too much information.

Knowing What to Do with the Information

Effective leaders know what to do with the information they receive and what events and activities each piece of information and data triggers within their organization. They clearly understand what the information means to them and how they need to apply it.

Knowing What Will Happen if Information Is Not Received

Leaders understand that there is certain information that is essential to effectively direct and lead their organizations. They also wisely know that a great deal of information will never be missed if they never receive it. Unessential information is delegated to subordinates or eliminated all together.

Knowing How to Maximize Time by Minimizing Information

Information can take many forms besides reports. Many leaders are needlessly copied letters, faxes and emails by subordinates. More are included in countless meetings. Effective leaders learn how to delegate and eliminate many sources of unnecessary information. They understand this works to hamper their ability to effectively lead and manage their organizations. If their presence is requested at a meeting, they assign a subordinate to represent them or turn down the request if their presence is not totally necessary.

Effective leaders understand that a specific amount of information is required to manage the organization. Anything above that level is a needless burden. If they allow it, an oversaturation of information decreases their effectiveness and productivity. They use their expertise, wisdom and experience to distinguish between the information they need to know and the information that carries little or no value to their efforts.

Excerpt: Planning to Maximize Performance: Pinpoint Leadership Skill Development Training Series (Majorium Business Press, Stevens Point, WI 2011) $ 16.95 USD


Performance Management Must Begin With the Managers

Attaining Organizational Results Requires Visionary Thinking and Planning on Multiple Levels

Performance Plans Create Results and Maximizes Performance

Measure What Needs to Be Measured

For Additional Information the Author Recommends the Following Books:

Performance Management: The Pinpoint Management Skill Development Training Series

Maximizing Financial Performance: Pinpoint Leadership Skill Development Training Series

Strengthening Leadership Performance: Pinpoint Leadership Skill Development Training Series

Timothy F. Bednarz, Ph.D. | Author | Publisher | Majorium Business Press
Author of Great! What Makes Leaders Great: What They Did, How They Did It and What You Can Learn From It (Finalist – 2011 Foreword Reviews‘ Book of the Year)
Linkedin | Facebook | Twitter | Web| Blog | Catalog |800.654.4935 | 715.342.1018

Copyright © 2013 Timothy F. Bednarz, All Rights Reserved

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