Good leaders are a lot of things. They’re not just smart, they also have a certain motivation to grow and learn new things, and they’re also good at—to put it quite frankly—not “freaking out,” according to Ana Dutra, J.D., CEO of the Executives’ Club of Chicago and founder of Mandala Global Advisors.
Dutra shared the following six factors of leadership success with attendees of FPA Retreat 2015. Do you have what it takes to succeed?
IQ: Successful leaders are smart. “I’ve never met a dumb CEO,” said Dutra.
Technical: Do you have the technical skills to do the job? Do you know your stuff?
Motivation: How much do you want to grow your planning practice? How motivated are you to do it?
Experience: “Been there, done that” gives a great deal of comfort to any client, according to Dutra.
Learning agility: How do you solve a problem you’ve never seen before? What do you do when you don’t know what to do? Dutra told the planners in attendance at FPA Retreat 2015 that a common cause of leadership failure is “freaking out when you don’t know what to do.”
Emotional: Do you have the emotional resources to deal with ambiguity and complexity? Those are two challenges faced by financial planners every day, Dutra said.
Journal of Financial Planning