Advice from a Top Leader
For Dr. Maurice Roussety, experience in adding value to business is both his career and an academic interest. He holds an undergraduate degree from Monash University in Economics. A Masters of Business Administration and Masters of Leadership from the University of New England in New South Wales, as well as a Ph.D. in intellectual property and franchise-business valuation from Griffith University in Queensland. He created the Franchise Risk Imputation Model (FRIM), which establishes a framework based on two cornerstones: risk-free rate and total risk as measured by the sum of market specific and company specific risks. He has also written a PhD thesis titled “An Integrated Economic Model for the Evaluation of Franchise Systems – A Synthesis of Agency and Finance Theories.” Currently, he is working as a professional consultant, helping business to streamline their practices and helping them to generate better revenue in the modern business world.
When it comes to professional leadership—or any other type of leadership for that matter—the key is to strike a balance in your relationships with the people you are leading. Having a closer personal connection to your subordinates helps to build trust, allows you to recognize strengths and weaknesses, and makes people more willing to work for you. At the same time, a leader needs to be separate from their colleagues. They often have to ask them to do unpleasant things; they need to be hard on them; they have to push for more results and more efficient workflow. In short, a leader is often the person who can most easily strike this balance and motivate their colleagues to better themselves through compassion and positive reinforcement.
For Dr. Antoine Maurice Roussety, experience and excellence in sustained value growth is something that he believes all leaders in their industry should be thinking about. The global market exploded with the introduction of the internet and other rapid forms of communication. Now, however, the world of business will start to shrink because of the ease that professionals have in creating new businesses.
Leadership is a term that means drastically different things depending on environment. Children learn about leadership early on in life through school and sports. They see who is willing to distinguish themselves from the rest of the group, directing their friends and classmates in activities and ultimately facilitating things for the benefit of the larger group. As we get older, our leadership skills become more refined and effective. Not everyone is a born leader, but everyone can certainly foster the characteristics that would distinguish themselves from their peers. As adults, it is important to show leadership qualities when it comes to our professional lives. While in our personal lives we tend to search for equality and shared responsibility. When it comes to our careers, it pays off to be the one who does not mind taking charge and making sure that things get done. When this potential is recognized, it can mean a promotion, higher earnings, and more respect.