Ten military leadership principles that translate to business

Summary

This article notes that effective military leadership fundamentals can also be applied to business; some of these fundamentals are as follows:

• Be on time, all the time
• An effective supply chain is critical (logistics), but bean counting can be problematic.
• Creating goals can apply to nearly all aspects of a modern business.
• Trust your gut (decisions), but only if your gut (informed leaders) knows the market
• Don’t think you’re the only one with a ‘secret weapon (intellectual property) – think, innovate, sell, and repeat
• Ethics and quality matter
• Remember the mission.

References

Recent Runway Posts related to this topic:

• Leadership Strategies In The Digital World - TheRunway (airforce.gov.au)
• 5 Leadership Lessons For Entrepreneurs To Be Successful In 2021 - TheRunway (airforce.gov.au)

References from the Web :

• APR 2019 What business can learn from the military. My Business
• JUL 2021 Applying the Principles of War to Business Transformation. US Army   

Source Information:

• Article Source:  Minneapolis St Paul Business Journal
• Media Check:  About Us - Minneapolis St Paul Business Journal (bizjournals.com/twincities)
• LEARNING OUTCOMES—RUNWAY | The Runway (airforce.gov.au)