Leaders Should Not Dwell On Their Weaknesses

Source: Ric Payne's Blog – Confessions of a Lazy Accountant

In this blog post, Ric Payne, cofounder of the Accountants' Boot Camp, emphasizes the need for leaders to focus on their strengths, not on their weaknesses. Even though this advice may seem counterintuitive, Payne maintains that “It's way easier to get more leverage from your strengths than it is to do so from your weaknesses. This is not to say your weaknesses should be ignored but they should not take up more than 5-10% of your attention, energy and effort.”

You can always delegate tasks for which you aren't suited. But, Payne says, “To be successful you must focus on and be remembered for your strengths.” To do that, you must ask (1) what you and your firm are capable of excelling at, (2) whether it's something you and your team are deeply passionate about, and (3) whether people will pay for it.

To read the entire post, click here.

From Ric Payne's Blog – Confessions of a Lazy Accountant, http://theconsultingaccountant.com, November 1, 2009, “Focus on Your Strengths.”