When someone is in the position that Peter Loftin is in, it becomes a seat where you have a lot to live up to in terms of responsibilities. As Uncle Ben had told a young Peter Parker before he became the “Spider Man”, “With great power comes great responsibility”. When you are the business leader of an organization as successful as Loftin led, you need to make sure that you are teaching people how to do work the right way. At the same time, it is also important to make sure that follow up work is being done

Whenever you are learning something new it is very important that you act on the same.

Severing the proverbial umbilical cord

As a great business leader, it is very important that you know when to let people go and let them develop on their own. It must be said that Peter Loftin did know this really well. Otherwise, he would not have become as successful as he finally did. There are many ways in which this can be done and one of them is to assign definite responsibilities and tasks to people. When you are an effective leader you are gradually able to reduce the level of dependence that people have on you.

You need to work in such a way that your teammates and subordinates can become leaders in their own right as well.

The need to review oneself

If you wish to be as successful a business leader as Peter Loftin became then selfassessment, and that too on a regular basis, is quite important as well. Is it very important to keep looking at your strengths and weaknesses on a regular basis? Do you need to ask yourself some very tough questions such as how much you have improved within a certain time span, what are the new qualities that you have developed in the interim?

What are the opportunities that you have been presented in the period under review? How much have you been able to utilize them? You can be sure that someone like Peter Loftin did this on a regular basis and that is the reason why he is where he is today. More than anything else this would help you perform a proper evaluation of how successful you have been as a business leader and what you need to do in order to get even better than what you already are.

What should you do?

There may be times when you see that the results have not gone in your favor. In that case, you need to keep your chin up, have faith in yourself, and believe that this is a bad phase that would pass as well. At the same time you also need to keep introspecting, keep thinking how you can get better in the days to come. You can be sure that if you do not do this all the passing phase would become a lasting one for sure. It is always important to be on one’s toes.