Risk & Business Magazine Cain Insurance Fall 2016 | Page 28

ARE YOU A VISIONARY BUSINESS LEADER? Are You A Visionary Business Leader? BY: GARY BELDING, BELDING BUSINESS FINANCING SOLUTIONS Looking Towards The Future W hile most visionaries are leaders, not all leaders are visionaries. Anyone can think of one good idea, but visionaries have big ideas, again and again. Merriam-Webster’s dictionary offers three definitions for “visionary”: • having or showing clear ideas about what should happen or be done in the future • having or showing a powerful imagination • of or relating to something that is seen or imagined in a dream or vision The characteristics of visionary leaders are having the ability to plan and implement an idea or vision, being a good listener and empowering others in the decisionmaking process. Visionaries focus on the future and not what is happening now. To be effective, their visions must be attainable, have a specific timeline and be measurable. Visionaries are ahead of their time, are always thinking and are creative by nature. A visionary will know his or her strengths and weaknesses. The McDonald brothers who founded the McDonald’s restaurant business may have been good businessmen, but they were not visionaries. The brothers were satisfied with their business and became complacent, despite wishing to expand. Ray Kroc, who bought the restaurant business in 1961 from the McDonald brothers, was a visionary. He had the vision and took the business to new heights. including their employees. The employees in any organizations are the most underutilized resource available. Another great example of a visionary was Henry Ford. The general consensus from most business owners is listen to your customers and find out what they want. Henry Ford expanded on the idea of listening to your customers and said, “if I had asked people what they wanted, they would have said, ‘faster horses.’” He believed that you need to anticipate where the market is going, not where the market is now. Always look at the big picture and focus on the target. Change your routine. Begin by looking at everything in a new way. Even your day-to-day routine can be revised, and you can learn to step outside your comfort zone. Practice looking past the first, obvious answer. This will start you thinking differently. Ignore self-doubt and stop sabotaging your own ideas. Begin brainstorming without filtering anything. Think through the best ideas, and then focus in order to find a way to make them happen. Apply this new way of thinking to everything in your business. Steve Jobs is probably the greatest example of a visionary. By changing how we communicate and by changing the scope of how we use technology today, Steve Jobs is the definition of an innovator and is considered one of the most creative minds the world has seen. WHAT DOES IT TAKE TO BE A VISIONARY? Although some business visionaries may have a natural gift, there are concepts and approaches that can be developed. Never allow the lack of money to stop you. This will begin your creative new process. + Visionaries do not work in isolation. Visionaries will use their resources, Gary Belding has worked in both the private and public sectors for in excess of forty years and understands the world of financing. Gary has the experience, knowledge, and ability to navigate through the financial landscape and now operates his own business, Belding Business Financing Solutions (www. beldingsolutions.com). 28 | FALL 2016