Great leaders are characterized by qualities that separate them from ordinary individuals. These include their unrelenting pursuit of excellence, persistence in trying new things and embracing failure, managing their time, energy, and emotions, and dealing with different types of people.
Yet the most effective leaders worldwide know how difficult it can be to handle such position of power. Leadership carries with it a number of challenges, many of which are common and predictable while others are less expected. As a leader in your organization or business, you need to know how to manage and inspire your team and steer them in the right direction, prioritize and delegate tasks, and manage the company or brand’s reputation well.
Leadership also requires you to face and overcome internal struggles that usually come with such a special role. Here are four personal challenges that you will have to face and eventually overcome as a leader.
1. Dealing with Isolation
As they say, “It’s lonely at the top.” People with the highest status in the organization are likely to face this debilitating sense of isolation. As a leader, you’re responsible for looking at the bigger picture while your managers and lower rank employees handle the day-to-day operations. As you lessen the interaction with employees, you gradually lose connection with them and too much of this disconnection can pose problems in the future.
It’s important to reach out and communicate to reduce your feelings of executive isolation. Keep the lines of communication open with your managers and other employees and find time to interact with them as often as possible. The privilege of holding an esteemed position in the company doesn’t mean you have to limit your interaction to your closest circle of advisors.
2. Establishing Genuine Work Relationships
Maintaining open communication with others is not enough when it comes to leadership. You need to be intentional in creating a good, caring relationship with your people. Effective leaders recognize the importance of having the right team to support them to achieve their desired growth. But even if your team has all the right skills, the organization will not thrive without a foundation built on trust and cooperation.
Among the personal challenges of leadership is the increased level of cynicism toward other people. It’s understandable to think that people with power are likely to be targeted by opportunists. However, being constantly suspicious can prevent you from establishing a healthy working relationship with others.
3. Practicing Humility and Open-Mindedness
Holding a position of power can greatly boost one’s confidence. The world’s successful leaders and industry shakers believe in the power of their visions and think they know best how to make those a reality.
Yet if you’re not careful, this high level of self-esteem can also damage the way you work with others. You may find it hard to collaborate and get feedback from other people, especially those beyond your normal circle of advisors. Without collaboration, it’s impossible to get things done. So to overcome this personal challenge as a leader, you need to practice humility and open-mindedness. By being open to feedback and collaboration, you earn the respect of those around you and you also get a chance to challenge your preconceived notions.
4. Achieving Work-Life Balance
It is easy to think that CEOs, business owners, and managers become successful in their workplace by putting in more hours than the rest do. However, wise leaders know the importance of living a healthy personal life while fulfilling their work obligations. Achieving a work-life balance is not impossible, though it is a common struggle among many highly productive people.
Even if productivity is greatly valued, you should establish a corporate culture that promotes a well-balanced life to prevent burnout among employees. Effective leaders are able to nurture an environment that is high-performing, dynamic and flexible to allow their workers to achieve this work-life balance.
A business coach can help leaders to overcome the personal challenges that arise in leadership roles.