The New Leadership

“I’m not one to stand ahead of the team and say, ‘This is what we’re going to do,'” Lisa Price, founder and CEO of beauty brand Carol’s Daughter, tells PINK about her leadership style. “I want to hear what everybody else has to say so we can come to a decision together.”

Price embodies collaborative leadership, which focuses on bolstering individual members of the team rather than the boss. Workers are inspired and the bottom line benefits. Organizations that focus on the group’s outcome vs. the leader’s income give all members of the team a powerful voice and, in this way, the chance to optimize themselves along the lines of excellence.

Group-centered leaders are expected to oversee and guide their group to success. Whether that means completing a project, presenting a report or creating a new concept – as a leader, you make sure the job gets done.

This management trend is gaining interest. Experts agree that this leadership type can increase employee performance and build trust among team members.

What are the benefits? Collaborative leadership builds trust among within the team and allows each person to feel valuable. Leadership experts say that maintaining a shared vision, keeping all members properly engaged and scheduling routine collaboration periods are key to making this type of leadership work.

Bonus PINK Link: Find out how Lisa Price transformed family kitchen recipes into a national beauty brand in PINK’s exclusive Top Woman profile.

By Caroline Cox

“Never doubt that a small group of thoughtful, committed people can change the world.  Indeed, it is the only thing that ever has.” Margaret Mead