“Common sense is the knack of seeing things as they are and doing things as they ought to be done.” —Harriet Beecher Stowe
From the desk of Richard Du, founder and chairman of SANTOS Holdings.
The art of common sense in business and leadership refers to the practical and intuitive ability to make sound decisions and navigate complex situations. It involves using experience, judgment, and a deep understanding of human nature to guide decision-making, often in the absence of explicit rules or guidelines.
Effective leaders with common sense in business can build strong relationships, adapt to changing circumstances, and achieve long-term success while minimizing risk. Developing common sense in business and leadership requires a combination of self-awareness, emotional intelligence, and a willingness to learn from experience and feedback.
Key Takeaways
- Effective leaders with common sense in business can build strong relationships, adapt to changing circumstances, and achieve long-term success while minimizing risk.
- Most people desire the same treatment you do.
- Regarding attitude, motivation, and productivity, most teams choose fair and decent managerial treatment.
- Treating people with respect I mandatory
- Expect the best from people and don’t settle for less. Anticipate excellence.
- Promote common sense by setting clear and fair goals and hold individuals accountable.
At SANTOS Holdings, I have always acknowledged the critical role that common sense plays in assisting our team members in making educated decisions and solving complicated challenges using logic and reasoning.
Common sense is a fundamental pillar that enables people to overcome uncertainties and problems, guiding them toward effective solutions and excellent outcomes. As we investigate the importance of common sense within our organization, I see how it may revolutionize our approach to decision-making, problem-solving, and overall performance in today’s dynamic business landscape.
In Manhattan’s thriving real estate market, I recognize the importance of common sense. One of our recent initiatives exhibits how using practical judgment can result in substantial achievement. When we discovered a viable development site, I highlighted to my team the significance of rigorous market research and strategic decision-making. Instead of getting caught up in the latest trends, we used common sense to determine the property’s potential. We carefully assessed the neighborhood, examined potential tenants’ needs, and anticipated reasonable financial outcomes. Here are several specific actions that promote common sense in your leadership:
Most people desire the same treatment you do: Most teams choose fair and decent managerial treatment regarding attitude, motivation, and productivity. When they are treated fairly, they will work more.
Treating people with respect: Expect the best from people and don’t settle for less. Anticipate excellence. While not all your staff may be superstars, they can all put in superior effort.
Set clear and fair goals and hold individuals accountable: Formalize your expectations with clear, well-defined goals and objectives that teams can understand and support. Clear goals reflect clear thinking. Research shows that accountability is essential, but senior managers often neglect it.
As a result, we could make informed decisions regarding the project’s design and amenities, ensuring they aligned with market demands. This approach attracted high-quality tenants and allowed us to secure favorable financing terms. Our foresight helped us sidestep common pitfalls many developers encounter, such as overextending budgets or miscalculating market trends.
Ultimately, our project exceeded financial expectations, generating substantial returns for our investors while minimizing headaches along the way. By trusting our instincts and applying common sense to every aspect of the development process, I have seen how SANTOS Holdings proved that a grounded approach can lead to remarkable success in the competitive Manhattan real estate landscape. This experience reinforced my belief that common sense is not just an asset—it’s a cornerstone of our business philosophy.
Our organization’s decision-making and problem-solving processes rely heavily on common sense. If my teammates have common sense, they can help us overcome obstacles with a realistic and logical mindset, and we can make decisions based on facts and logic. This equips people to think practically about problems, consider facts impartially, and weigh possibilities to make educated judgments that support our company’s objectives. My team can quickly detect problems, determine their causes, and offer effective remedies because we promote good judgment and balance the pros and cons.
I have witnessed firsthand how common sense emerges as a powerful ally for my team members at SANTOS Holdings. It facilitates rational thinking, practical judgment, and adaptability in the face of developing circumstances. By embracing the wisdom of common sense, they are equipped to address challenges with clarity, resilience, and resourcefulness, ultimately propelling the company toward its strategic objectives.
We remain dedicated to nurturing common sense in our organizational culture, reaffirming our commitment to developing a workforce proficient in critical thinking, sound decision-making, and sustainable growth. Let us maintain the fundamental idea of common sense as a guiding force that propels our collective achievement at SANTOS Holdings.
Contact us today to explore the immense possibilities if you want to take your leadership to new heights or learn more about Blue Ocean and SANTOS Holdings’ valuable business offerings.