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Traits Of An Effective Business Leader

How to become a strong and more effective leader

You may have started your business to make money from what you love, or to see your name on the side of a helicopter. Whatever your motivations, a good business depends on a good CEO. One of the many skills you’ll have to possess is good leadership. Whether you like it or not, you’re the captain of the ship. Here are a few traits of an effective leader.

Vision

Put your vision down on paper
Writing your goals down will help you clarify your ambition
and convert it into a business vision. (Picture from Pixabay.com)

The first trait is vision. I know, you hear “vision” come up in nearly every seminar and training day. While some people may use it as an empty buzzword, I’m not one of those people! Vision means that you have ambition, and the careful foresight to carry your company forward. You should be focussing on the big picture with every decision you make, and taking steps that coincide with your long-term goals. You should be ambitious, but not foolhardy. Don’t bite off more than you can chew, but take your business places that your competitors are too timid to approach. Every little thing you do at your business should be compatible with your vision. This will ensure growth and better employee performance.

Confidence

Show confidence
Developing and showing self-confidence in your business will also inspire others
working with you. (Picture from Flickr.com)

Confidence is perhaps the most important trait a good business leader can have. If you don’t have confidence in your own actions, then neither will your employees and partners. Gaining confidence often starts with an appraisal of your own personality. Think about your personal strengths and weaknesses. Then, make sure you exhibit your strengths, and work to improve your weaknesses. If changes in your industry take you by surprise, then you should be tapping into more news resources. Perhaps you feel like you struggle to hold people’s attention during presentations. In that case, look into some presentation training. You can also gain confidence by being more decisive, and controlling your own stress levels. When you iron out your kinks, you’ll be able to spread an infectious confidence into every part of your business.

People Skills

Develop people skills
Doing business means dealing with people, which is why people skills are
very important trait of any business leader. (Picture from Flickr.com)

Finally, people skills. These are important for any professional. However, if you’re a business leader, they become even more important. You need to be able to listen to people, and show a genuine interest in what they’re saying. Yes, that goes for all your lawyers and accountants too! You may not think it, but flexibility with this is another important trait of an effective leader. You shouldn’t always want or need to be right. When a manager or a partner has a problem with the way you’re running things, make sure to give a little while you defend your position. This will not only make you a more popular boss, but could also strengthen your business as a whole. When your staff feel comfortable with offering their opinions, you might notice problems which you never would have considered before.

Helge Lund, CEO StatoilHydro
As you develop effective business leader traits, you will naturally show a commanding presence, such as true business leaders do. (Picture from Wikimedia Commons)

Make these traits part of you, and you’ll be a much more effective leader. Being an authority over a large number of people can feel a little daunting. However, with a strong leader at its head, there’s no limit to where your business can go.

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