The teams that produce the most long-term innovation and value are the ones where these three characteristics - Leadership, Craftsmanship, and Execution of their output are balanced and in alignment.

It is possible to do good short-term work when one of these characteristics is missing or lagging. For example, you can execute well and get good short-term results while throwing craftsmanship out of the window, although that typically leads to a very serious team and technology stability issues in the longer term. You can have great transient craftsmanship and execution without strong leadership because the group is extraordinary, although circumstances like this are never supportable over the more drawn out term. Also, if you have extraordinary leadership and craftsmanship, you may wind up having a transformative individual encounter building something truly cool, but without execution, you are most likely toasted when your reserve of cash runs out.

Leadership

Leadership is a process that guides, influences and directs the behavior and work of others towards the accomplishment of specific goals in a given situation. A manager can induce the subordinates to work with zeal and confidence.

Leadership influences other’s behavior. It is also defined as the capacity to encourage a group towards the realization of a goal. Leaders are required to develop future visions, and to motivate organizational members to want to achieve the visions.

“Leadership is the capacity to advise others to seek defined objectives enthusiastically. It is the human factor that binds a group together and encourages it towards goals.” - Keith Davis

Characteristics of Leadership

• It is an interpersonal process in which a manager is into influencing and guiding workers towards the attainment of goals.

• It denotes a few qualities to be present in a person which includes personality, intelligence, and maturity.

• It is a group process. It involves two or more people interacting with each other.

• A leader is involved in molding and shaping the behavior of the group towards the accomplishment of organizational goals.

• Leadership is situation-bound. There is no best style of leadership. It all depends upon tackling the situations.

Craftsmanship

Craftsmanship is the quality that originates from consideration, care, and enthusiasm. It is a quality that is refined, practiced, and honed throughout a career.

Even if you don't think of yourself as crafty or creative — say you've never made something with your hands in your life — it doesn't matter. Craftsmanship is a mentality, and once we accept it, it is significant enough to develop.

Characteristics of a True Craftsman

• They are inspired by masterly instead of achieving status.

• They are willing to make sacrifices in finances, free time and relationships.

• They believe in the end-value of what they are developing.

• They think and plan things through first.

• They motivate themselves and can keep up the spotlight on their work.

• They put in the hours for there work to turn into a propensity for day by day life.

• They know that you've never really "made it".

Execution

Execution in the exacting sense for new businesses and with regards to your inquiry is executing on a "thought". It's not "real" until you start work to "execute" on the idea. That is, you make it a reality. To make it a reality, you assemble it, you exhibit it, you, in the long run, offer it to clients or have individuals use it.

Valuing a balance of leadership, craftsmanship, and execution, and trying to focus on all three in the presence of your regularly scheduled daily circus is hard. We struggle constantly with getting the balance right. The struggle is worth having the importance because it is the only way for us to be the best possible team. Our main goal is significant, and our potential is too incredible to even think about doing anything less.