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Michigan Business Beat | Jennifer Maxson, Qualities That Distinguish Great Bosses from Merely Good Ones

Michigan Business Beat
October 24, 2024 12:00 PM

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Jeffrey Mosher welcomes back Jennifer Maxson, President, Jennifer Maxson & Associates, Belmont, MI

Hear Jennifer and Jeffrey discuss leadership qualities, common mistakes, emotional intelligence, and tips for improving team performance and retention in the SoundCloud Podcast shared below:

Jeffrey and Jennifer cover several topics:
● As a leadership coach, what do you believe are the most crucial qualities that distinguish great bosses from merely good ones?

● How can leaders effectively balance being approachable and maintaining necessary authority within their teams?

● In your experience, what are some common mistakes new managers make, and how can they avoid these pitfalls?

● Based on your outcomes, how does an improvement in leadership impact teams?

● Can you share two or three practical tips for bosses looking to improve their leadership skills that they can start using right away?

Talking Points
● The impact of good leadership on employee retention: Studies have shown that approximately 57% of employees have left a job due to poor management. Good bosses can significantly reduce turnover rates, saving companies both time and money in recruitment and training.
● The ripple effect of effective leadership on team performance: Research indicates that teams led by high-performing managers are 50% more productive and 44% more profitable than those led by average managers. Good bosses elevate their entire team's performance.
● The connection between leadership quality and company profitability: Companies with high-quality leadership development programs have been found to outperform their competitors financially. Investing in leadership pays off.
● The role of emotional intelligence in effective leadership: Leaders with high emotional intelligence scores are responsible for 58% higher productivity and 70% higher employee retention rates compared to those with lower EQ scores.
● The importance of continuous learning and adaptability for leaders: In a rapidly changing business environment, adaptable leaders who prioritize ongoing learning are 25% more likely to outperform their peers and lead their companies to long-term success.

About Jennifer Maxson:
Jennifer Maxson is a highly driven and influential figure in networking, communication, leadership development, and public speaking. With her extensive experience and expertise, she serves clients by offering tailor-made individual coaching, executive coaching, and group training services. As a Certified Professional Coach, she is dedicated to delivering exceptional consulting services that empower clients to achieve their goals.

About Jennifer Maxson and Associates For individuals and businesses seeking experts in Leadership Development, Jennifer Maxson & Associates is the comprehensive, results-driven coaching partner. The mission of Jennifer Maxson & Associates is to Enhance the Credibility of Leaders. We develop leaders at all levels through Everything DiSC® assessments, personalized coaching, and programs focused on communication, presentation skills, and leadership. Our purpose is to inspire current and future leaders to Lead to the Max!®

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Michigan Business Beat, hosted by Chris Holman, discusses economic development, new or unusual entrepreneurial initiatives, and successful business practices from different regions and industries around Michigan with a wide range of entrepreneurs and business leaders.

8:00 AM every Monday through Friday
Replay: 8:00 AM, 2:00 PM, 8:00 PM, 2:00 AM The music for 'Michigan Business Beat' is graciously shared use of Phil Denny's "Traffic Jam" off his 2012 CD 'Crossover'

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