The Importance of Leadership Focused on People for Business Success
In the dynamic world of business, adapting to change and fostering a positive work environment are crucial for success. Ray Titus, CEO of United Franchise Group (UFG), a global entrepreneurship leader with over 1,800 locations in 80 countries, is a firm believer in these principles.
Titus encourages lifelong learning, emphasizing the importance of reading books, taking courses, and keeping up with the internet for change adaptation. He often quotes Alfred Edward Perlman, "After you've done a thing the same way for two years, look it over carefully. After five years, look at it with suspicion. And after ten years, throw it away and start all over."
For Titus, embracing change is essential for organizational success. This belief is reflected in the educational sessions at his annual company meeting and his proactive approach to entrepreneurship, writing a book to encourage others to explore business ownership.
Titus's leadership style is characterized by positive energy and a willingness to embrace change. He asks applicants if they are optimists or realists to gauge their energy levels, and negative people don't last long at his company. Empowering employees to solve problems and allowing them to make mistakes is essential for building up a team, according to Titus.
Maintaining positive energy within a team is also essential for business success. Public recognition of team accomplishments helps maintain this positive energy, as demonstrated by UFG's award system. Recognizing and awarding team accomplishments is an important aspect of building up a team, as demonstrated by United Franchise Group.
Titus also emphasizes the importance of team unity and vision, using the motto "Culture eats strategy for breakfast" to highlight this point. Building up the team is crucial for business success, a belief shared by Titus and author Kent Coleman.
Moreover, maintaining focus on both company and personal goals is important. UFG recognizes both home office and field staff, not just sales teams, for their accomplishments, demonstrating their commitment to this principle.
The Forbes Business Council, a growth and networking organization for business owners and leaders, is a prestigious platform for accomplished professionals who can add value both through their expertise and active participation. The qualification criteria for membership include having a proven track record of successfully impacting business growth metrics, noteworthy personal and professional achievements, leadership experience in their business or industry, and a commitment to contributing thought leadership and insights to the community.
In conclusion, the lessons from Ray Titus, CEO of United Franchise Group, provide valuable insights for businesses striving for success in today's dynamic business environment. His emphasis on lifelong learning, embracing change, positive energy, and team building, coupled with his proactive approach to entrepreneurship, make him a role model for many in the business world.
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