Self-awareness: The key to effective leadership?

by MPA09 Apr 2014
Self-awareness is an underrated leadership competency, as it underpins the more obvious qualities of a leader, including confidence and strategic thinking. Learning how to master it could consequently be the key to becoming an outstanding leader and inspiring your mortgage origination team to hit greater heights.
Holding a mirror up to yourself and your own beliefs and actions is essential if you want to become an effective leader, according to Sarah Derry from People Reaching Potential.
“By consistently reviewing yourself, looking at your actions and evaluating your behaviors, you will develop the ability to critically and honestly assess your own strengths and weaknesses,” Derry says.

“This creates self-awareness, which drives your ability to manage your emotions and critically assess yourself, and be honest with the answers around that.”
It’s only once you become aware of your own strengths and potential flaws that you can effectively lead others to lean in towards their best qualities, Derry says.
It is a challenge, he says, because many leaders have gotten to where they are thanks to developing good functional and technical skills. However, when it comes to actually leading a team “we often haven’t yet developed the self-awareness and confidence that is required of this type of role”.

One of the aims of engaging in self-observation is to help you break down barriers and connect with your team, as people are “often not aware of the impact they have on others,” she said.
“Someone might say, ‘They’re really intimidating, they seem angry all the time,’ – when in actual fact, the person is just concentrating really hard, or they’re running around the office trying to meet a deadline,” Derry said.
“When you get certain feedback more than once, and there’s some consistency in the message, it’s worth looking deeper. People love to be asked their opinion, so if you ask trusted colleagues for honest feedback, you’ll get it.”


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