You have a finite amount of leadership capital. It’s a combination of your positional authority, your credibility with specific individuals earned over time, your reputation as conveyed by others, and your skills to influence and persuade.
Sidebar: the word “credibility” comes to English from Latin word “credibilis,” the word for “believe.” It’s really a term of economic exchange – I believe this coin or paper currency is worth X. [Read more…] about Spend Your Finite Supply of Leadership Capital
