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What are the key qualities of a leader in business?

Forbes, one of the most influential magazines in the world, states that successful leaders

are the strength and intellect of their organizations. They are the pioneers tasked with guiding

their business away from potential hazards. They must understand when to take chances and how

to inspire personnel to put forth additional effort toward the strategic goals of the company. Great

leaders dedicate time and effort into mastering critical skills that better enable them to empower

others, whether consciously or subconsciously. This essay will highlight the three most crucial

qualities of a powerful business leader through statements and examples from successful

business figures.

The first and foremost skill for a leader to possess is emotional intelligence. It is the

person's capacity to understand and control their own emotions as well as those of others.

Self-management entails being able to prioritize your goals and taking accountability for

achieving them. Self awareness refers to the ability to manage your time, attention, and feelings

while keeping conscious of your privileges, limitations, and potential biases. Socially aware

leaders are adept at controlling stress and balancing their personal and professional

commitments. However, they must also keep in mind the importance of compassion and respond

appropriately to people.

Communication skills are as equally important as emotional intelligence. A team's

success depends on a leader's communication skills. Strong leaders are effective communicators

because they know when to speak and when to listen. One of the most crucial things to keep in

mind as a leader, according to Andri Kawel, CEO of Forex Trading News, is to listen to your
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team. One of the most underutilized and underrated qualities of an effective leader is listening.

Without listening, it is impossible to fully comprehend what your team lacks. Izhok Chernyak,

founder of Best Advisor, also said "A successful leader would listen to advice and comments

from their team members, thereby fostering growth and development".

A strong business leader must also have a vision for the future and be persistent in

working towards that vision. Outstanding leaders are able to envision the future of their company

and set definite, executable goals that will be advantageous to it. They exude assurance and

optimism, which encourages others around them. Managing change while maintaining a balance

between stability and advancement is what it takes to be a visionary. It is also about adopting

fresh strategies without straying from the primary objectives. The creation of the iPhone by

Steve Jobs serves as a concrete example for this quality. In 2007, the first iPhone model was

created. 15 years later, the name is still strongly recognized and continues to rank among the

top-selling consumer goods.

Strong leaders, in the eyes of many, are born, not made. According to those who hold this

point of view, there is little to no possibility that you will ever demonstrate good leadership skills

if you don't do so early in life. However, the reality is that exceptional leaders can be created. I

strongly believe that this gives faith to many aspiring individuals because it shows that anyone

can succeed as a leader if they are committed to honing their abilities. Anyone can become a

successful leader in business if they devote the right amount of time and effort and with a little

bit of luck.
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Works Cited

Patel, Deep. “11 Powerful Traits of Successful Leaders.” Forbes, 12 Oct. 2022,

www.forbes.com/sites/deeppatel/2017/03/22/11-powerful-traits-of-successful-leader

s/?sh=455c40d6469f. Accessed 3 Jan. 2023.

Rashid, Brian. “Real Life Leadership Lessons from Real Life Leaders.” Forbes, 10 Dec.

2021,

www.forbes.com/sites/brianrashid/2017/01/17/real-life-leadership-lessons-from-real

-life-leaders/?sh=1485ed2b3ec3. Accessed 3 Jan. 2023.

“6 Leadership Skills You Need for Business Success | HBS Online.” Business Insights

Blog, 16 Sept. 2021, online.hbs.edu/blog/post/leadership-skills. Accessed 3 Jan.

2023.