What makes a good leader in business? Here are five qualities. Good leaders are patient and long-term thinkers who persist in the face of challenges. They are able to understand the perspectives and needs of others and have a sense of empathy. Good leaders have a good sense of humour. They are also able to see the big picture. Patience is a valuable asset, especially when the situation requires it.
Integrity
Many leaders profess to value integrity, but what exactly does that mean? Many companies have conflicting definitions of what integrity really means. One fraud specialist, Christopher Bauer, talks about some of the pitfalls of ethics and outlines what a good leader should look like. To better understand what integrity means, consider these examples. Integrity means not compromising on the truth, putting the best interests of the organisation before personal gains.
Fairness
Being a fair leader in business is more than just showing respect to your colleagues. People judge fairness based on how you act, not on the merits of your decisions. Fairness can bring financial benefits, too. Let people have their say and ask questions. If your decisions are unjust, resentment can spread like wildfire. Practicing fairness in business can benefit both parties.
Creativity
Developing creativity in a business leader requires unconventional thinking and action. Creative leaders are able to collaborate, build relationships, and empathize with others. They can generate new ideas and help their company stay ahead of the curve. The skills of a creative leader can lead to a successful career and increased revenue. If you want to learn how to be a creative leader in business, read on to discover some ways to develop your creativity and become a better leader.
Empathy
Empathy is a key component of business, particularly in sales. Salespeople who are empathetic understand the needs of customers, which improves customer satisfaction and loyalty. Business leaders such as Satya Nadella have cited the importance of business empathy in his speeches. Here are some other ways that empathy can enhance your company’s performance.
Delegation
A great leader knows how to delegate. They know how to ask questions, observe the work they delegate, and provide feedback. They know that no one likes to fail or not have enough time to make an impact. Ultimately, the ultimate goal of delegation is to increase productivity and freedom. Delegation is the process of letting others make decisions in a business, while still having control. It takes time, but it’s worth the time and effort.
