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■What is an executive mindset? A mindset essential for success
If asked what an executive mindset is, many people may find it difficult to answer. Even among those who run companies, there are surprisingly few who have a proper understanding of the executive mindset. In this article, we will explain in detail what the executive mindset is necessary to make a business successful, and the three things that managers should have in mind.
1. The executive mindset necessary for a business to be successful
An executive mindset is the mindset, way of thinking, and awareness that managers need to develop their company management. Mental attitudes and ways of thinking are invisible and abstract, and you may feel that it is difficult to understand the impact they have on management. However, whether or not you have an executive mindset has a huge impact on the speed and accuracy of decision-making required of managers. It is important to maintain a consistent mindset when leading employees.
2. What managers should have in mind
What kind of mindset do managers need to have? Let's take a closer look at three things: having a clear vision, valuing employees, and being conscious of contributing to society.
2-1. Have a clear vision for your business
The first mindset that managers should keep in mind is to have a clear vision for their business. Even if you encounter unexpected troubles or your business temporarily falls into a slump, if you have a clear vision for your business, you will not lose your focus. You will be able to move forward toward your vision without simply changing the content of your business. The manager's vision will be communicated to employees in the form of a corporate philosophy. When hiring employees, hire people who agree with the corporate philosophy, and when training employees, repeatedly discuss the corporate philosophy. This will lead to managers and employees sharing the vision of the business, and will create a strong organization with a sense of unity.
2-2. Be responsible for and value your employees
The second is to be responsible for and value your employees. Managers have a responsibility to pursue happiness and remain honest in both the financial and mental aspects of their employees. As exemplified by the term "black company," which was nominated for the 2013 buzzword award, there are quite a few managers who think that it is okay to exploit their employees as much as they want for the sake of profit. Even if you can temporarily cut costs by making employees work long hours for low wages, few employees will stay in a poor working environment for a long time.
Many people want to work for managers who are sincere towards their employees and their families and believe that people are their greatest asset. Financially, it is important for the company to return profits to employees by achieving results. Mentally, it is important for employees to work with a sense of fulfillment and enthusiasm. If each employee is highly motivated, the atmosphere of the entire company will improve and a virtuous cycle will be created.
2-3. Be conscious of contributing to society
The third is to be conscious of contributing to society. It is important to be conscious of providing value to society, rather than just trying to make a profit. For example, developing products that make customers' lives more convenient and selling them at a fair price can be considered a contribution to society. Contributing to society may sound difficult, but all you have to do is do something that will be beneficial to society. It is not acceptable to make profits by selling inferior products to customers at exorbitant prices. Many successful business owners have ambitious goals, such as contributing to society or their local community, which ultimately lead to profits.
Don't forget your business owner mindset
When things get tough, it's easy to take a profit-first approach, but try to remember what vision you had when you started your business. It's important to always keep your business owner mindset in mind. Maintain a consistent mindset of valuing your employees and being conscious of contributing to society, and act accordingly.
【 TransACT Group 】
