BA Law, Economics, and Public Policy
University of Washington
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I'm a US-based economic development professional who specializes in government contracting and business retention and expansion. I am passionate about both optimizing processes and building a positive workplace culture

COLLABORATION AND SHARED LEADERSHIP
There are two general aspects to leadership, the decision making process and culture fostering. Both of these factors require a holistic understanding of the organization's purpose and goals. This is best supported by a variety of perspectives and inputs. No matter how efficient, capable, and knowledgeable an individual may be, the singular leader will not be as effective in developing and leading a robust organization as a shared collaboration model.
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That is not to say that there shouldn't be a delegated leader to decide on contentious issues within the leadership team. A company will have a hierarchy in the board room, The U.S. senate has a majority leader, and the U.S. house of representatives has a speaker of the house. None of these examples allows for an individual to act as they please. Instead, the actors delegated to make the final decision do so on the body of work done based on the input all of the members of leadership.
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The leadership team in an organization may make all of the right business decisions, but that doesn't mean that they're inherently successful. Fostering a positive culture is vital to the well-being of an organization. If your employees are dissatisfied with leadership, then they will be dissatisfied with their work. This could lead to high rates of turnover and/or lowered productivity from an apathetic workforce. The dissatisfaction could come from sub-market wages and benefits, undertrained supervisors and managers, or a general lack of community. No matter the source, leadership is tasked with understanding the toxicity and correcting it.