Leadership capital is the recognition that there is a finite amount of power that any leader possesses. It can be expended foolishly, by leaders who harp on matters that are trivial and strategically unimportant. Such capital is acquired slowly over time through building trust and confidence with the team by demonstrating that the leader has the long-term good of the team and the mission in mind. Prioritizing those areas where standards cannot be compromised and holding the line there while allowing for some slack in other, less critical areas is a wise use of leadership capital.
Leadership Capital
