What Is Shared Leadership?
A majority of businesses are increasingly dependent on team-based work due to its higher efficiency and quality when compared to individual work. A team incorporates various perspectives and experiences, if it functions well. So, the question becomes how to organize an effective team, and the concept of “shared leadership” is introduced.
Different from the traditional idea of “vertical leadership,” which indicates that one assigned leader takes charge of the team administration, shared leadership implies that all members in the group can exercise leadership regarding their specific tasks. While conventional leadership development focuses on the growth of senior-level managers, shared leadership development concentrates on all team members exercising leadership based on each member’s expertise and the demands of the situation.
Why Do We Need Shared Leadership Development?
- Shared leadership motivates team members to be committed and contribute innovative thoughts.
- It allows employees the freedom to speak up and can increase a company’s employee satisfaction rate.
- Individuals can implement their expertise.
- Team members work collectively, share various perspectives and contribute to better team performance.
- A successful outcome is the result of each team member’s contribution; therefore, shared leadership can create a sustainable internal working environment where employees voluntarily continue contributing for the growth of the company.
How Do We Develop Shared Leadership?
- Encourage transparency in the team
According to a survey conducted by TINYpulse, a company providing employee engagement surveys with more than 40,000 respondents, there is an extremely high correlation (93.7%) between transparency in a team and employee satisfaction. There is minimal cost to provide this transparency. So, it is feasible and necessary to encourage team members to update the whole group with any new ideas or decisions to create a flow of information within the team. Ultimately, this transparency can motivate employees to work more willingly and efficiently.
- Encourage transparency in the team
- Provide a psychologically safe working environment
In a psychologically safe working environment, employees are more likely to share their thoughts. A psychologically safe climate allows an exchange of personal ideas and helps employees overcome the fear of rejection. This environment eventually boosts the formation of a collaborative and responsible atmosphere, which is constructive to shared leadership development.
- Support autonomy in employee work
There is a growing trend of employees seeking independence in companies. In other words, they are looking for opportunities to govern their work and make their own decisions. Autonomy is proven to be one of the most effective catalysts for each team member’s sense of responsibility, accountability and independence. Once team members have the initiative to work in an equal environment, shared leadership will follow.
These three points are just the first steps toward shared leadership development. Developing shared leadership in an organization will require more strategies depending on each individual situation. Want to learn more about developing shared leadership in your firm? Click here to contact a CoreAxis specialist who can give you a customized plan for shared leadership development based on your inquiry!
The information contained in this article is for informational purposes only. No information (or possible omissions) contained in this article shall be considered legal advice and no attorney-client relationship is established.