Everything Rises and Falls on Leadership. But unless you are an effective leader, you will always fail to lead.
Charles Teague, CEO of LoseIt!, explains “To me, leaders are entrusted to be shepherds of a collective goal. Teague continues, “But once a leader steps into a team, it’s their responsibility to keep the team on track to that goal. That means providing the motivation, material support, structure, and guidance for the group.”
In my experience being an effective leader is the drive towards a collective goal but more importantly, it’s about making better decisions. Charlie Munger, Vice Chairman of Berkshire Hathaway, labels the system of making better decisions as the latticework of mental models. The models are fundamental and unchanging, and the knowledge is leveraged to make better decisions.
There is no single best strategy to develop an effective latticework of mental models. But I have been experimenting with two approaches that have been yielding excellent results: reading deeply and surrounding myself with capable leaders.
Are you interested in finding out more about these strategies? I have a once-a-week email newsletter that helps you understand how to become a better leader. The newsletter is a strategic conversation on how the leaders have leveraged a latticework of mental models to not only make better decisions but evaluate the number of unique scenarios which impact their companies.