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Shared Leadership: How It Can Make Your Organization Better

Optimizing Human Capital

Due to the increasingly complex business world, many growing organizations introduce shared leadership. The philosophy of shared leadership lies in optimizing human capital to provide the best possible solution to various issues surrounding the organization. To be successful, shared leadership requires several conditions, which must be met.


7 Keys to Shared leadership

According to Marshall Goldsmith in his article “Sharing Leadership to Maximize Talent” in Harvard Business Review (Ref: https://hbr.org/2010/05/sharing-leadership-to-maximize), there are seven important things to be aware of.

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Encourage by Giving the Opportunity to lead.
It should be done with much care, as unnecessary rivalries among the more qualified individuals could create unnecessary friction that can harm teamwork.
Define the decision-making capacity
Clarity and transparency provide the necessary foundation for decision-making activities. This being said, boundaries of each co-leader must be defined to ensure good collaboration between them.
Encourage Team members to take initiative
This would require co-leaders to work together in creating a safe environment for team members to speak up, give feedback, and provide suggestions without being asked. Problems can be detected early this way.
More qualified , More Autonomy
Such autonomy must be based on track record and experiences either within or outside the organization, which is especially necessary for high-level leadership.
Decisions should not be second guessed
Create a culture where decisions made shouldn’t be second guessed by team members, as co-leadership may create some confusion if the individuals sharing the leadership have different opinions on various issues and create unnecessary anxiety among members.
Co-leaders as facilitators and mentors
The best leaders serve, not give orders. In co-leadership, the leading individuals are “servers,” thus they facilitate team members together with mutual understanding. They do need to manage as well, but the managing roles can be created for individual technical managers who are the most qualified.
Follow-up reviews and evaluations are highly encouraged
To ensure that co-leaders are on the same page on various issues, it is important to give reviews and evaluations periodically. Encourage team members to give feedback and provide suggestions at any time so that transparency can be upheld.
Shared leadership allows co-leaders to combine and complement their strengths in technical and soft skills, as well as allowing them to work on their weaknesses by learning from each other.

At last, shared leadership could be what your organization needs to survive in a complex and ever-changing business world. Whenever a leader can no longer handle the workload optimally, or the organization grows too rapidly that more brains are required, it is time to seriously consider shared leadership.