Many leaders understand the merits of principle-based leadership.
But...what does principle-based leadership mean?
Specifically - what exactly does principle-based leadership mean?
James Allen1 provides most-clear answers to this question.
For example...excerpts of James Allen's wisdom:
“The first things in a sound life – and therefore in a truly happy and successful life – are right principles.”
“The first principles in life are principles of conduct.”
Allen states 5 of them...
Duty “The principle of duty means strict adherence to one’s own business, and just as strict non-interference in the business of others.”
Honesty “It means not cheating or overcharging another. It involves the absence of all trickery, lying and deception of word, look or gesture. It includes sincerity, the saying what you mean and the meaning what you say.”
Economy” “The conservation of one’s financial resources is merely the vestibule leading toward the more spacious chambers of economy. It means, as well, the husbanding of one’s physical vitality and mental resources.”
Liberality: “Liberality follows economy. Only the man of economy can afford to be generous. The spendthrift, whether in money, vitality, or mental energy, wastes so much on his own miserable pleasures as to have none left to bestow upon others.”
Self-Control: “Self-control is the last of these five principles, yet it is the most important.”
“The five principles are five practices, five avenues to achievement, and five sources of knowledge.”
Footnote
1. James Allen, ‘Foundation Stones to Happiness and Success’, (1913)