The rigours of today’s competitive business climate push even the most seasoned leaders to their limits. No organization is immune to setbacks. Many top business leaders agree that life is a constant string of adversities – the new normal. Some, however, are ill-suited for it and pay a dear price.
Leaders achieve success through their talent, intelligence, flexibility, and wisdom. Those who overcome the odds often point to an even more powerful trait: perseverance. Many of today’s top captains of commerce believe it’s the key to winning the race – more important than skill and more vital than past experience, notes management consultant Steve Tobak in What Makes a Successful Entrepreneur? Perseverance.
But what about leaders who lack the necessary stamina? What happens to those who don’t know how they’re going to manage, day in and day out, under the heaviest of loads? Are they simply destined to fail in a cruel world?
The answer is no, according to Dr. Angela Duckworth, author of Grit: The Power of Passion and Perseverance. Perseverance can be developed from within. If you’re a leader who’s gained a foothold on stamina, you can forge a culture with it.
What Is Perseverance?
More than simply trying hard, perseverance is a gut-generated determination to not give in and never give up. It comes from a spirit that refuses to accept the failure of quitting. A leader who perseveres stands ready to endure for the long haul.
Successful accomplishers are always chasing something greater: goals that are difficult to achieve. They feel they have something to prove – to themselves and/or others. They have direction, know what they want and hate falling short of it.
Leaders with perseverance strive to excel. As Duckworth puts it, perseverance is a satisfaction with being unsatisfied. Dogged leaders continually measure how far they’re willing to push themselves and how much they want to win.
Do you find yourself frequently changing course midstream, altering your goals as you go? Are you prone to disillusionment when things go awry? Do you lose interest in long-term projects? If so, you may lack perseverance. Your organization may consequently lose money, people, and direction when situations get tough.
Alternatively, persevering leaders grow their interests and remain focused on them. Their consistent pursuit of gains moves them through the roadblocks that stymie more passive leaders. When you persevere, you’re not as bothered by setbacks or letdowns. You’re motivated to embrace and overcome them.
There are myriad business success stories about leaders who had a persevering spirit and led their companies through crisis, bankruptcy, or startup hardship. Steve Jobs and Lee Iacocca had the stamina to save Apple and Chrysler, respectively, from bankruptcy. Jeff Bezos endured the long startup struggle at Amazon. Dan Hesse led Sprint out of the gaping jaws of killer competitors. Not all stories are this dramatic, but the principles of perseverance equally apply. Every company faces trials that call for persevering leaders.
Are you worried that perhaps you don’t have the perseverance necessary to be a great leader and navigate your team through crises? The herd and I are here to help you hone this skill with our personal coaching programs.
As always, I would love to hear from you. I can be reached here or on LinkedIn.