“The heart of leadership is putting others ahead of yourself. It’s doing what is best for the team. For that reason, leaders have to give up their rights. The cost of leadership: Leaders must be willing to give up more than the people they lead. Leadership means sacrifice.”(Maxwell,2007) This is very true. A leader sets the example for an organization so morale is boosted when an effort of sacrifice is displayed. That alone can increase productivity. Many leaders have taken salary cuts to prove they are willing to sacrifice themselves for the sake of company growth. That is true to a certain extent. However, many of these leaders are seasoned executives and have already amassed a great deal of wealth. The pay cuts are symbolical and can lead to even more profitable opportunities for a leader.
(Philippians 2:3-4, TLB) states, “Don’t be selfish; don’t live to make a good impression on others. Be humble, thinking of others as better than yourself. 4 Don’t just think about your own affairs, but be interested in others, too, and in what they are doing.” We do not know whether a leader is sacrificing as a form or strategy or if they are compelled by their personal convictions to do so. Whatever the case may be, it tends to work more times than not and has proven to be an effective attribute of a great leader.
John C. Maxwell (2007). The 21 Irrefutable Laws of Leadership: Follow Them and People Will Follow You (10th Anniversary Edition)