Experts say executives should spend at least 30 percent of their time analyzing and planning for the future. Once the future course is set, leaders must determine effective ways to build skills which create operational flexibility, enhance knowledge, foster teamwork, develop, and nurture innovation. They must routinely communicate organizational progress. Leadership cannot over communicate the vision. Employees should be respected and actually treated like the most important corporate asset.
Effective leaders manage their key business processes well.
Processes are well understood. Metrics signal changes in process performance. Highly effective, results-oriented teams strive to continuously improve processes. As the company progresses, massive layoffs are replaced by gradual attrition or additional employment opportunities. Management must have the will to do it.