By Subhojit Roy, Co-Founder, Connections PR
To be successful in business, you need outstanding leadership skills. You should be able to command a room and inspire a team of associates to perform at their best.
Leader needs to be able to clearly and succinctly explain to your employees everything from organizational goals to specific tasks.
Bold to Take Risks
A great business leader has an entrepreneurial spirit and is not afraid to take risks to advance the business and improve revenues. Bold leaders are those who are willing to take a risk by developing something new. Ability to speak their minds on controversial topics, they also must have the ability to take a position contrary to seniors on a contentious topic. Such leaders like to move at a faster pace than others. Bold leaders can think, set extremely high goals, or tackling big initiatives. Bold leaders are unafraid to take on powerful competitor. They also seek feedback from others on their decisions. They are open to implement unconventional or new ideas and also take responsibility for an unpopular decision or own up in failures.
A sense of competition helps to propel the best business men and women to the forefront of the industry. The desire to do better than similar organizations can prove vital to your success. The aim of competition is to have one winner, so in most situations, there will be at least one or many losers. Successful leaders don’t allow a failure to define who they are as a person. Simply put, they never quit. Competition teaches you to bounce back from failure and respond positively to pressure and challenges, and then adapt to move forward towards greater success. Competition teaches preparation. The Scouts have a motto: “Be prepared,” which means you are always in a state of readiness in mind and body to do your duty. Competition teaches us about goal setting. Creating and setting goals is an important part of being in any competitive landscape.
A Good Intellect
Thorough knowledge of the business world, as well as of technology, economics, politics, history, and other matters, is important for business leaders. Intellect helps to cultivate a global perspective and sparks creativity. To be effective, leaders must have a solid understanding of how their emotions and actions affect the people around them. The better a leader relates to and works with others, the more successful he or she will be. Take the time to work on self-awareness, self-regulation, motivation, empathy, and social skills.
Ability to Take the Initiative
Initiative is important in business as it continually pushes people to work harder, learn more, and perform better. The best leaders are pro-active, they take charge of their own learning. Because they’re self-aware and they seek feedback, they know their strengths and areas for improvement and they know what needs to be done. They don’t wait for someone else to tell them what to do. They take the initiative to find and solve problems and to meet and create challenges. They seek the developmental opportunities they need. If the resources aren’t available from the organization, they find a way to gain the experience, example, or education some other way.
Solid Communication Skills
Great communication skills are essential, as no business transaction is a solitary endeavor. Business leaders must be able to communicate effectively in writing and orally to ensure the highest levels of efficiency. In many ways, life is all about communicating. And at no time is it more critical to be a strong communicator than when leading people and organizations.
The best leaders have the ability to effectively explain fundamentals, strategy, alternatives, challenges and action plans.
Information is giving out; communication is getting through. As you can imagine, there is a world of difference between giving out facts, figures and other material and getting through to people. Communication – the kind that really gets through and makes a difference – takes work.
Most successful leaders have unrelenting ambition. They have lofty goals and do whatever it takes (within legal limits, naturally) to achieve those goals. The word ambition simply means for one to have a desire to do or complete something. Ambition is crucial to a leader and their success. Ambition is essentially a leader’s own vision for how they see themselves contributing in the future. Vision is one of the few traits that almost every great leader will have. Every leader, whether is quietly ambitious. But ambition is necessary for a great leader. But for a leader to be great, they need to have a vision for others, as well as themselves.
A Reliable Nature with Personal and Professional Integrity
Great leaders are unfailingly reliable. They can be counted on to get the job done and always make a positive contribution. Strong leaders treat people the way they want to be treated. They are extremely ethical and believe that honesty, effort, and reliability form the foundation of success. They embody these values so overtly that no employee doubts their integrity for a minute. They share information openly, and avoid spin control.
A keen sense of integrity is important to ensure that business transactions are conducted with ethics in mind. A successful business person conducts him or herself in a respectable manner and always acts fairly and responsibly.