Street Smart Leadership VS Future Smart leadership- Robin Trehan
In leadership, you should always think about how to manage your decisions. Decisions are your fundamental issues that you will be facing almost every instant in your leadership career. How you make these decisions can affect your business both from a financial and developmental perspective. This is especially true for individuals who work on experience to make decision or predictive thinking.
This is where street smart and future smart leadership falls in. Leaders may fall into one of these categories when making decisions by relying on the type of influence that contributes to the whole process. Street smart focuses on experience and know-how on the business techniques while future smart uses analytical thinking that requires research methods to predict trends.
Street smart leadership is very effective in quick decision making times, where your experience shall lead your instinct to an effective decision. This particularly involves time-sensitive financial agreements and progress plans that require immediate attention. Being "street smart" indicates your ability to learn from your successes and mistakes as foundation for your decision. With this form of leadership at hand, you will find quicker and favorable results along with the high paced function your business should run with.
A downside to this leadership form is that your irrational sense of thinking may interfere, especially with very important or delicate decisions. You should think well before you use street smart leadership, and make sure you base it on the right experiences with successful outcomes.
On the other side of the spectrum, future smart leadership deals with analytical predictions, especially in understanding market trends and organizational patterns. This type of leadership is the "safe type" where you stick to facts and data to make a smart decision. Using relevant information to your business procedure, future smart leadership is usually associated with progressive leadership, one that maintains the functionality of the company through intelligent predictions.
A downside to this type of leadership is that you may not have the experience needed to make a decision, which can affect the success rate, especially if your data is highly hypothetical in nature or not enough to make a concrete decision.
Being a leader can be tough, especially if you don't know whether to use experience or analysis in making your decision. What is important, however, is to secure effective leadership patterns that work. Make sure to assess everything before making that final decision, as it can make or break you in the end.