Lead on Purpose

Promoting Leadership Principles in Product Management

Are You an Effective Business Leader?

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Guest post by Mike Gardener

With the economic climate as tough as it currently is, leadership qualities are the main cornerstones of success when it comes to virtually all kinds of businesses. But what are the most important qualities when it comes to effective business leadership? And what are the essential characteristics of leaders that can inspire others to succeed in challenges that would otherwise seem impossible?

Good Judgment

First of all, every business leader that wants to be successful in his or her field needs to know the field inside out and understand even the smallest details, which are sometimes the most important factors in business projects. With good judgment, business leaders will be able to delegate all the task properly and to the right workers, meaning that everything will be done as efficiently as possible and without any wasted time or resources. To find out more about the topic, read this HBR article.

Dedication

Second is the dedication factor. It is of the utmost importance that the person who wants to lead is also the person that is the most dedicated to the goal at hand. Without dedication, there is no chance of having the entire team come together and remain inspired to do well. Success might come nonetheless, but it will be completely random and it will depend on many unrelated factors.

Responsibility

To make things even more complicated, all business leaders that have ambitions to succeed in their fields need to be able to take responsibility for their decisions and actions. That might seem like a very straightforward thing to do, but it often turns out to be one of the issues that many simply cannot overcome. The thing is that it is usually very easy to take responsibility whenever things are going according to the plan. Accepting responsibility for failures, however, is a much more difficult thing to do. Nevertheless, it is also one of the most essential challenges that business leaders need to face (and professional responsibility is obviously not the only thing to care about, social responsibility is yet another thing that has to be accepted). Honesty and willingness to accept defeats can go a long way – and, together, they can help leaders turn a bunch of skilled workers into a true team.

Creativity

Finally, leaders that want to succeed also need to be creative to overcome all the difficulties that might arise at any given moment. Original plans are worth sticking to and they will work in the majority of cases – but, from time to time, it is also quite important to innovate and change strategies at a moment’s notice. And that is when creativity will be crucial to the overall chances of succeeding. Successful business leaders will recognize those occasions and won’t be afraid to change strategies in order to find a way around the obstacles that might be found along the way. Perhaps unsurprisingly, it is also possible to find schools that emphasize creativity in business leadership.

Uniting Through a Vision

There is, however, a bottom line to all these things. Namely, there is one ability that every effective business leader simply has to have – the ability to unite everything under one clear vision. You might be a leader that knows his or her business field inside out and still remain relatively unsuccessful if you are unable to present a vision that others could follow and a goal that others could strive for. The fact that the most successful business leaders (check this list for a good idea about how visions and businesses are related to each other) are also often regarded as true visionaries is definitely not accidental. The very opposite of that is true – it shows exactly what are the most important qualities when it comes to business leadership.

Mike Gardener is one of the owners of TheOfficeProviders.com , a company that provides office space for all kinds of businesses. Visit their website in order to find a suitable office space for your own business or just to learn more about the company itself.

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2 thoughts on “Are You an Effective Business Leader?

  1. Great post, I especially like the last topic, Uniting Through a Vision, and how you mentioned it needs to be clear. I think many leaders are ineffective because their focus isn’t clear, that they try to do too many things at once and their vision becomes muddled and distracted. Thanks for the insight and food for thought.

  2. Pingback: 7 Leadership Articles You Won't Want to Miss - Best of the Web Friday June 28 | Jesus Led Business

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