Leaders must define their Priority for Success

 “A leader shows the way” — John Maxwell

In 2012, after one year of serving as the MD/CEO of NLNG, we had grown annual revenue to above $11 billion from the initial historical average of $6 billion per year. We achieved this remarkable feat by producing 10% higher volumes than in previous years. Additionally, we secured new higher-price markets in Asia and greatly benefited from higher energy prices in the market.

Success is not on the basis of luck as to be a great leader you must have the right mindset. I was aware that it is important for leaders to have a set of priorities, a few, I must say. Leaders can fall into the trap of having too many things to focus on. When I assumed the role, I had three priorities: 1. Sustain historic performance, as the company had a track record of success. 2. Take the company to the next level. 3. Make the company an inspiration for the country.

Truth is, in the fast-paced world of leadership, the ability to prioritize is not just a skill; it is a cornerstone of success. Whether in business, politics, or personal endeavors, leaders who can clearly define their priorities stand a greater chance of achieving their goals and making a meaningful impact. Here's why having a few key priorities is crucial for leaders looking to navigate the complexities of their careers, businesses, and lives:

Clarity of Vision:

Prioritizing forces leaders to articulate their vision clearly. When leaders have a few key priorities, it becomes easier to communicate their goals and rally others around them. This clarity of vision provides a roadmap for decision-making and ensures that everyone is working towards a common objective. Without clear priorities, leaders risk ambiguity and confusion, which can derail progress and lead to inefficiencies.

Effective Resource Allocation:

Time, money, and energy are finite resources, and effective leaders understand the importance of allocating them wisely. By identifying their priorities, leaders can channel resources towards the initiatives that matter most, maximizing their impact and minimizing waste. Whether it is investing in new technology, new markets, developing talent, or pursuing strategic partnerships, prioritization enables leaders to make informed decisions about where to allocate their resources for the greatest return on investment.

Productivity:

Leaders who have a few priorities can concentrate their efforts on what truly matters, avoiding the trap of spreading themselves too thin. This not only increases productivity but also fosters a sense of purpose and direction. By staying laser-focused on their priorities, leaders can make meaningful progress toward their goals and inspire others towards the same.

Adaptability and Agility:

Priorities must provide for flexibility to adapt to changing circumstances. Effective leaders understand that priorities may need to shift in response to new challenges, opportunities, or market conditions. By reassessing priorities and adjusting course when necessary, leaders can stay agile and responsive in a rapidly changing world. This allows leaders to navigate uncertainty with confidence and seize emerging opportunities for growth. It is however critical to think of this not as “additions” but “replacements”.

Long-Term Success:

In the pursuit of short-term wins, it is easy for leaders to lose sight of the bigger picture. However, leaders who have a few key priorities are better equipped to make decisions with long-term implications in mind. By focusing on initiatives that contribute to sustainable growth and lasting impact, leaders can build a foundation for long-term success and resilience.

A leader must focus on where value lies and channel resources accordingly; whether it is in their personal life, career, or in a business they lead. A leader must look ahead to ascertain the picture of the future, even if it is daunting or different from what others see, and a leader can’t do this if all over the place. It is important to note that as you develop into a great leader, you will have a lot more responsibility, and as such, you must prioritize for success.

“…People who can focus, get things done. People who can prioritize, get the right things done.” – John Maeda..”

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