Question

What are some of the keys to success did a leader brings to his business?

Answer 1

In almost every business, People worry about is managing people. We want to get out there and meet customers and create awesome products and bring exciting new opportunities through front door. But unless business person hired people to take on the task of managing of its employees, then they are still on the hook.

The following are the leadership qualities because of which leaders bring the success for the business:

• Mission: Mission plays very important role in the leader’s life. Leaders should know what their mission is i.e they know why the organization exists. A leader has a well thought out mission describing the purpose of the organization. Every employee should be able to identify with the mission and strive to achieve it.
• Vision: Leaders should have foresight quality to see “Where do you want your organization to go?” Basically, a vision needs to be abstract enough to encourage people to imagine it but concrete enough for followers to see it, understand it and be willing to climb onboard to fulfill it.
• Goal: “How is the organization going to achieve its mission and vision and how will you measure your progress?” Like a vision, Goals need to be operational -that is specific and measurable. If your output and results can't be readily measured, then it will be difficult to know if you have achieved your purpose. You may have wasted important resources like time, money, people, and equipment pursuing a strategy or plan without knowing if it truly succeeded.
• Competency: We must be seen by advisors, stakeholders, employees, and the public as being an expert in a particular field or an expert in leadership. Unless constituents see us as highly credentialed- either by academic degree or with specialized experience and capable of leading company to success, it will be more difficult to be as respected, admired, or followed.
• Strong Team: Practically, few employees possess all of the skills and abilities necessary to demonstrate total mastery of every requisite area within the organization. To complement the areas of weakness, a wise leader assembles effective teams of experienced, credentialed, and capable individuals who can supplement any voids in the leader's skill set. This ability is what sets leaders apart from others. However, the leader needs to be willing to admit he lacks certain abilities and go about finding trusted colleagues to complement those deficiencies. After building the team, the entrepreneur needs to trust that team to understand issues, create solutions, and to act on them.
• Communication skills: It does little good to have a strong mission, vision, and goals and even a solid budget if the employee cannot easily and effectively convey his ideas to the stakeholders inside and outside of the organization. He must regularly be in touch with key individuals, by email, v-mail, meetings, or other forms of correspondence. Of course, the best way to ensure other people receive and understand the message is with face-to-face interactions.
• Interpersonal skills: Successful entrepreneurs are comfortable relating to other people. They easily create rapport and are at least more extroverted than they are introverted. These factors help leaders seem approachable, likeable, and comfortable in their position. Those qualities contribute to staff wanting to interact with their leader. They also help motivate employees to do a better job. When workers can relate to their boss, they believe that their boss is more concerned about them, with their performance, and with their output. Furthermore, they believe that they can go to their boss with problems they encounter on the job without fearing consequences for not knowing how to resolve issues.
• A "can do, get it done" attitude: Nothing builds a picture of success more than achievement, and achievement is the number one factor that motivates just about everyone across all cultures. When employees see that their boss can lead and direct, has a clear vision and attainable goals, and actually gains results in a timely manner, then that person's credibility increases throughout the organization. Entrepreneurs must modestly demonstrate their skills to give their constituents valid reasons to appreciate and value their efforts.
• Inspiration: Quite often, employees need someone to look up to for direction, guidance, and motivation. The entrepreneur needs to be that person. Hopefully, Human Resources has hired self-motivated individuals. Nevertheless, there are times, when many employees need the boss to inspire them by word or action. Employees need someone to look up to, admire, and follow. Even when the production or delivery of services looks like "it is all going well," the leader may at times need to step in personally to offer a suggestion or encouragement to ensure that employees perform their jobs in an optimal manner.
• Ambition: Resting on your laurels is bad for employee morale and entrepreneurial credibility. Employees need to be constantly striving for improvement and success; and they need to see the same and more in their leaders. When the boss is seen as someone who works to attain increasingly higher goals, employees will be impressed and more willing to mirror that behavior. It's a win-win for everyone.