It’s frequently said that those who lead, read. Research has shown that reading keeps leaders smart, creative and social. For those who want to lead, reading is not a nice to have or a luxury, reading is a habit successful leaders consider critical to their success.
You and I are spending more and more time on our digital devices and watching TV. Studies suggest that Britons spend more time on tech than asleep, Americans will spend more time on digital devices than watching TV , whilst the average American watches 5 hours of TV per day. All these activities may be entertaining, but they do little to improve your leadership ability.
Considering these findings “when was the last time you read a book?”
If you are one of the many who don’t have a reading habit you are missing out. Reading is a great way of improving your leadership ability.
It has long been known that successful leaders are readers. Billionaire investor Warren Buffett and his partner Charlie Munger, Berkshire Hathaway’s vice chairman, credit their success to a significant amount of reading.
Warren Buffett says, “I just sit in my office and read all day.”
What does that mean? He estimates that he spends 80 percent of his working day reading and thinking.
“You could hardly find a partnership in which two people settle on reading more hours of the day than in ours,” Charlie Munger commented.
When asked how to get smarter, Buffett once held up stacks of paper and said he “read 500 pages like this every day. That’s how knowledge builds up, like compound interest.”
All of us can build our knowledge but most of us won’t put in the effort.” – Shane Parrish, The Warren Buffett formula: How you can get smarter
Effective leaders continually invest in their personal development and one of the best ways is by reading. Reading is critical for personal development and personal development is key to effective leadership. However reading only benefits you to the extent to which you’re able to process and apply what you’ve read.
“The only difference between who you are today and the person you will be in five years will come from the books you read and the people you associate with.” – Charles Tremendous Jones
If you want to improve your leadership you need to read. Effective reading is a habit that goes beyond just skimming or scanning. Effective reading requires you read deeply, understand and apply the ideas and lesson to the challenges of the day. Here are some habits that will help you get the most out of your reading.
As a leader the most important investment you can make, is an investment in yourself. You are the most precious asset you own. You can become anything you want provided you make the right investments.
“The only difference between who you are today and the person you will be in five years will come from the books you read and the people you associate with” – Charles Tremendous Jones
Continuous investment in your development is the key to leadership greatness. Effective leaders invest in themselves in the following three ways.