Essential Qualities of a Good Business Leader
Leadership has been a basic part of our existence for a long time, throughout which many definitions of leadership have been developed. To be effective, leaders that the workplace need a specific set of skills and characteristics to motivate team members to not only follow them but also achieve success. While team leaders may possess certain qualities such as honesty and compassion, other qualities are gained through experience and formal education. Below we discuss some of the qualities that make a good business leader.
Most, if not all leaders require good communication skills to enable them clearly explain fundamental details to team members, from specific tasks to organizational goals. Leaders are required to have a good mastery of various forms of communication such as one-on-one, departmental, written, verbal, large meetings and negotiation skills to enable them solve problems, streamline decision-making and achieve great results. Among the key aspects of communication leaders should also have is being open to feedback and suggestions. Business leaders should also aim to achieve steady communicational flows between themselves and the rest of the team while remaining aware of whatever concerns they may have.
Exceptional organizational skills are expected of any effective business leader. By having good organizational skills, business leaders can develop sound strategies and goals that allow their teams to achieve maximum performance. Good business leaders should also have long-term visions of what they seek to achieve in the future. They are able to balance the need to follow tactics when required without compromising their strategic outlook. Good organizational skills make business leaders powerful facilitators, helping to members understand what their goals are and how they can meet them efficiently.
A good business leader should be confident in his/her own abilities, as well as his/her team members’ abilities. Confident leaders are able to display conviction which reassures team members of the authority they have, while inspiring confidence in them.
While sometimes overlooked, good leaders should display transparency and honesty. Good business leaders should realise that they are responsible for the entire team hence be willing to take the blame if things do not go as planned. Leaders should be people of their words, follow through on their promises and be very consistent with recognition and rewards. Leaders should be able to admit their strengths and shortcomings, as this is a good indicator of character, builds trust among the team members and creates a supportive, strong team dynamic.
Last-minute changes and tragedies are not uncommon in the workplace. Therefore, good business leaders ought to be very flexible to accept and adapt whatever changes that may come their way.