How to reconcile differences in your leadership team

by MPA29 Jul 2014
By David Lykken
Special to MPA

When you assemble a team of high-performing, strongly convicted leaders, there are bound to be differences. Oftentimes, those differences can be used to your advantage. Diverse perspectives can allow you to move your business forward in a powerful way. On the other hand, differences can lead to some intense conflict.
The key to reconciling differences, while still allowing your leadership team the flexibility to have those differences, is to foster a culture of trust. When your leaders feel that they can trust each other, they are able to accommodate one another's differences because they know that each is looking out for the other's best interests.
The important thing is to allow your leadership team to be open and honest with communication. Differences lead to conflict only when they're forced to fester in silence. Open discussion will allow the differences in your leaders to lead you in the right direction.

David Lykken is 40-year industry veteran who has been an owner operator of three mortgage banking companies and a software company. As co-founder and Managing Partner of Mortgage Banking Solutions, David consults on virtually all aspects of mortgage banking with special emphasis executive leadership development, corporate strategic direction and implementation as well as mergers & acquisitions. A regular contributor on CNBC and Fox Business News, David also hosts a successful weekly radio program called “Lykken On Lending” ( that is heard each Monday at noon (Central Standard Time) by thousands of mortgage professionals. Recently he started producing a 1-minute video called “Today’s Mortgage Minute” that appears on hundreds of television, radio and newspaper websites daily across America.


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