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What does leadership mean to your business?

Insight | Different styles | Effective leadership | Issue

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Leadership has long been an issue debated by advocates of different styles. Some insist that effective leadership means imposing a dictatorial office structure, while others favour a more relaxed approach.

But leadership comes in many forms, which means that there’s no one style that will work for every business. It is not limited to those in positions of power within a company, either, which means that all employees have the opportunity to display leadership in different ways.

Effective leaders do share some of the same characteristics, however. So what are some of the most important aspects that leaders can show and how can they be applied to your business?

Presence

Whether talking about the company’s board or an office manager, in most cases for a leader to be considered effective, they should have a consistent presence within the business.

They should be approachable in order to communicate their plans and ideas. However, communication is not just the ability to speak. It requires good leaders to listen to those they manage, whether that’s hearing an idea or a complaint. Leadership involves having enough humility to see those under you in the organisational structure as essential to the company.

Maintaining a noticeable presence within your company will also provide reassurances to your workforce. This, in turn, will go some way towards boosting their confidence and helping them be as productive as possible.

Adaptability

Some businesses are constantly changing staff, services or operating methods. Others have to continuously adjust to new legislation, particularly those in the financial sector. When companies find themselves in this situation, it is vital that its leaders are equipped to deal with it.

Things don’t always go to plan either. When strategies have to change, leaders have to be flexible enough to enforce contingency plans with authority and the confidence that the outcome will be positive.

Adaptability is an essential characteristic of a top leader, as well as those who aspire to leadership positions. Looking for adaptability in candidates should also be a top priority during recruitment. You can rely on an experienced recruitment agency to find the right people to take forward to interview.

Developing skills

Does your company’s management team constantly work on improving their skills? If not, why not?

Developing new and existing abilities is important to the future survival of your company. It can make it easier for the company to diversify its service portfolio, particularly when the sector is changing. This is particularly relevant to the accountancy industry, which often has new regulations imposed on it.

Companies that want to innovate and break new ground will need leaders who see the value in staying curious. They need to be able to learn new things in order to push the boundaries of what they can offer their customers.


Sources
https://www.fastcompany.com/3004914/5-characteristics-great-leaders
https://www.entrepreneur.com/article/227012

Posted by Jon Aspinell on 24th March 2017

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