July 25, 2023
The latest NBAA Business Aviation Management Committee (BAMC) Summer Leadership webinar examined the impact of values-based leadership and how focusing on this idea can allow leaders and teams to be their authentic selves.
Scott Moore, CAM, founder of Moore Life Leadership, opened the session by describing the difference between management – setting and meeting metrics, scheduling teams – and leadership.
“Leadership is a choice, not a title; a conscious choice to work first on yourself, to in turn positively impact the lives of those around you, said Moore, adding this statement was coined by Luck Companies, where he was a leader of the flight department. “You can be a leader at any level, but you have to make that conscious choice to first work on yourself.
“I define values-based leadership as living, working and leading in alignment with your core values and life purpose in order to ignite the extraordinary potential in those around you,” Moore said.
Indications of good leadership include employee engagement and trust in their boss. In general, between 22% and 30% of employees are actively engaged in their work, while 86% of employees who resign from a company leave their boss – not their company, Moore said.
This lack of engagement and employee turnover results in a cost of $500-750 billion per year in lost productivity and trillions in recruiting and training costs.
Meanwhile, “climate,” or how it feels to work in a company, has a 30% influence over performance outcomes. Leaders have 70% influence over an organization’s climate, which in turn is the main driver of discretionary effort, he added.
In other words, values-based leadership leads to better employee engagement, employee excellence, customer and stakeholder loyalty, increased revenue and profit with more capital for investment to achieve your organization’s mission.
People successfully demonstrating values-based leadership have some core competencies in common. These people are highly self-managed, have aligned values, are authentic towards others, show wisdom and have strength of character.
Moore emphasized the importance of relationships as a leader.
“Our entire existence is built on our relationships with others,” Moore said. “In fact, every business transaction is a relationship.”
Moore will be hosting an NBAA Professional Development Program course, “Aviation Leadership: Prepare Yourself for Takeoff,” Oct. 15-16, prior to the start of the 2023 NBAA Business Aviation Convention & Exhibition 2023 in Las Vegas, NV. Learn more about the PDP course.