What one leader wishes he knew when he started
Since moving into his first leadership position at Great Eastern Financial Advisers in Singapore, Cheng Huann Yeoh, ChFC, CLU, has climbed the ranks to reach the director level with Advisors’ Clique, an organization of 1,000 advisors, with another 28 director partners. But when he started his leadership journey in 2015, the team he oversaw was small. Job descriptions were rough guidelines that left a lot of important work unaccounted for. By necessity, some team members needed to assume extra responsibilities. Yeoh found it easiest to take on as much as possible, leaving the rest of the extra work to a single trusted subordinate.
Yeoh now sees that strategy as a mistake. A better approach, he thinks, would have been to spread the work among the entire team, even if that initially resulted in more mistakes. “Thinking back, what could have been adjusted was to give some of the responsibilities to the second-liners,” Yeoh said.Continue Reading