8 Traits The Best Leaders In Business Possess
Regardless of how they came to be leaders in an industry, all business leaders share a handful of the same traits. Harvard Business Review notes that despite it being difficult to predict who will become a leader and who won’t, a handful of personality traits are typical across all leaders. Successful leaders are those that manage to take these traits and leverage them to inspire and lead. The best leaders tend to demonstrate these eight impressive traits:
Making split-second decisions is essential to a leader. Having the presence of mind to make a conscious decision could steer a company away from disaster in the nick of time.
Why it’s Important: Industry Week suggests that decisive leaders tend to get the respect of their subordinates by making decisions and acting on them. No leader could function without the respect and support of his or her subordinates, and in this sense, decisiveness sets the stage for the leader to command respect because of his or her decisive nature.
Integrity is a leadership quality that doesn’t demonstrate itself. It’s about standing up for an ideal or a purpose that is greater than oneself. Leaders with integrity demonstrate a moral compass that inspires others to follow in their example.
Why it’s Important: The Economist mentions that employees prefer working for people who are ethical because they can trust that person to treat them right and do what’s most beneficial for the business. Integrity is an essential trait to inspire trust in those one leads. Without a strong ethical background, followers may feel unsure of themselves, and this could undermine a leader’s ability to lead.
Leaders with innovative backgrounds are the men and women who enter the unknown and bend it to their will. A leader might have many leadership qualities, but vision plays a specific role in how he or she grows and develops their company.
Why it’s Important: Forbes states that leadership success begins with a vision. Insight into what a company should be and what it can develop into are essential to the growth of a business. Leaders that have vision are much better at plotting out a roadmap to success because they know exactly where they’re going.
A creative leader isn’t afraid to experiment with traditional methods of doing things. Innovative leaders stand out in the field because they can set themselves and their business apart from the competition.
Why it’s Important: Expedite notes that creativity is about introducing new ideas into a field. For a leader with a creative streak, it’s about bringing that creativity to bear by pushing the boundaries of what the area knows and does. This sort of creativity is how new ideas enter a field, and old ideas are examined and improved upon.
As a personality trait, leadership is the ability to inspire others to do better and to follow one’s example. A leader must be self-aware of his or her direction and leverage that to help those below him or her achieve their full potential.
Why it’s Important: Leadership sets an individual apart from the others in the field. It establishes a person as the person that others defer to, and it commands respect. The quality of leadership is what defines who a leader is and what he or she does.
Leading isn’t always about focusing on oneself. The best leaders are those that see things from the perspective of their employees. Empathy is the ability to understand the experiences of others and relate to how they feel.
Why it’s Important: The Center for Creative Leadership (CCL) reports that empathy makes for better leaders, and subordinates of those leaders tend to respect and value them more. In the corporate world, where being cutthroat is a valued skill, being able to understand the feelings of others might be even more valuable and less frequently encountered.
Motivated leaders always have a goal in sight, and as they achieve those goals, they keep setting new ones. Motivation is one of the leadership qualities that help to push a business or office to new heights since a motivated leader always has his or her sights set on the next achievement.
Why it’s Important: Chron states that the best thing a leader can do to motivate those under him or her is to lead by example. Highly motivated employees are usually led by leaders that demonstrate a self-starter drive that makes those employees want to do more.
Successful communication is vital in all leadership positions, but leaders that are good at developing a rapport with others tend to create more meaningful relationships with their subordinates. A leader that communicates always knows what his or her employees are up to and if they need help.
Why it’s Important: McGill University suggests that communication is essential in managerial positions because it is necessary to establish a value system and a framework for motivating employees. Leaders that communicate effectively are those that can lead effectively.
A Combination of Factors
Each leader demonstrates one or more of these leadership traits. The very best leaders, on the other hand, exhibit all of them. None of these traits function on their own, and they usually need additional features to back them up. Put together they can create a leader that not only knows the needs of his or her subordinates but also how to best address those requirements in a way that is understanding and beneficial to both the company and the individual.