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The Four Best Ways to Develop Leaders in Your Organization, with Bill McDermott, Host of ProfitSense

April 12, 2024 by John Ray

The Four Best Ways to Develop Leaders in Your Organization, with Bill McDermott, Host of ProfitSenseJohn Ray
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The Four Best Ways to Develop Leaders in Your Organization, with Bill McDermott, The Profitability Coach

The Four Best Ways to Develop Leaders in Your Organization, with Bill McDermott, Host of ProfitSense

In this commentary from a recent episode of ProfitSense, Bill discusses the four best ways to develop leaders in your organization.

Bill’s commentary was taken from this episode of ProfitSense.

ProfitSense with Bill McDermott is produced and broadcast by the North Fulton Studio of Business RadioX® in Alpharetta.

Transcript

There are many people that believe, “leaders are born, not made.” They believe there are natural leaders that just seem to have some genetic makeup that turn them into leaders. I respectfully disagree. I believe leaders have a growth mindset which drives them to be lifelong learners and become leaders based on their growth and development.

There are 4 ways that leaders develop:

  1. A highly capable individual. These individuals make significant contributions to their team or organization through their talent, knowledge, skills, and work ethic. They are experts in their field and can consistently produce high-quality results.
  1. A contributing team member. These people are team players who excel at working with others to achieve common goals. They can build relationships, motivate others, resolve conflict, delegate effectively and empower their team members.
  1. A competent manager. These individuals can organize and direct their team members to achieve specific goals. They can set clear expectations, provide feedback, and develop their team members’ skills.
  1. An effective leader. These people can inspire and motivate others to achieve high performance. They are able to create a clear vision for the future, communicate that vision effectively, and build a strong culture of trust and accountability.

So where do you see yourself on this spectrum? And what would it take to go from a competent manager to an effective leader?

About ProfitSense and Your Host, Bill McDermott

Bill McDermott
Bill McDermott

ProfitSense with Bill McDermott dives into the stories behind some of Atlanta’s successful businesses and business owners and the professionals that advise them. This show helps local business leaders get the word out about the important work they’re doing to serve their market, their community, and their profession.

Follow this link to find the show archive.

The show is presented by The Profitability Coach. The Profitability Coach helps business owners improve cash flow and profitability, find financing, break through barriers to expansion, and financially prepare to exit their business.

Bill McDermott is the Founder and CEO of The Profitability Coach. When business owners want to increase their profitability, they don’t have the expertise to know where to start or what to do. Bill leverages his knowledge and relationships from 32 years as a banker to identify the hurdles getting in the way and create a plan to deliver profitability they never thought possible.

Bill currently serves as Treasurer for the Atlanta Executive Forum and has held previous positions as a board member for the Kennesaw State University Entrepreneurship Center, Gwinnett Habitat for Humanity, and Treasurer for CEO NetWeavers. Bill is a graduate of Wake Forest University, and he and his wife, Martha, have called Atlanta home for over 40 years. Outside of work, Bill enjoys golf, traveling, and gardening.

Connect with Bill on LinkedIn and Instagram and follow The Profitability Coach on LinkedIn.

Filed Under: North Fulton Studio, One Minute Interviews, ProfitSense with Bill McDermott Tagged with: Bill McDermott, developing leaders, Leadership, leadership development, ProfitSense, The Profitability Coach

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Studio Partner

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John Ray is a Show Host and Producer and owns the North Fulton (Georgia) studio of Business RadioX®. John and his team work with B2B professionals to create and conduct their own podcast using The Generosity Mindset™ Method:  building and deepening relationships in a non-salesy way that translates into revenue for their business.

John also operates his own business advisory practice, Ray Business Advisors. John’s services include advising solopreneur and small professional services firms on their value, their positioning and business development, and their pricing. His clients are professionals who are selling their expertise, such as consultants, coaches, attorneys, CPAs, accountants and bookkeepers, marketing professionals, and other professional services practitioners.

John is the author of The Generosity Mindset:  A Journey to Business Success by Raising Your Confidence, Value, and Prices.

John is the host of North Fulton Business Radio and The Price and Value Journey. North Fulton Business Radio, the longest running podcast in the North Fulton region of Georgia, features a wide range of business and community leaders. The Price and Value Journey is devoted to solo and small firm professional services providers and covers issues such as pricing, value, and business development.

John and his wife, Dr. Monica Ray, a dedicated teacher with 28 years in education, are grateful for their blended family of 5 children, 5 grandchildren, and 5 pets.

John is a Deacon in the Episcopal Diocese of Atlanta.

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