Text Version of Infographic: 7 Skills of a Great Business Leader
Anyone can be a boss. But not everyone can be a great leader.
Even ‘natural born leaders’ aren’t equipped with all the skills required to effectively manage a team. Many skills must be learnt through leadership and management courses.
Business management courses can help fill the gaps in your skillset so you can develop important leadership qualities that benefit you, your team, and your business.
These 7 leadership skills are some of the most essential for being an effective leader in the workplace.
1. Emotional Intelligence
Recognising and controlling your own emotions as well as being sensitive to the emotions of others is vital for any team leader. Emotional intelligence fosters a safe work environment for employees.
According to a study, 71% of hiring managers value emotional intelligence over IQ, and 75% are more likely to promote a highly emotionally intelligent worker.
2. Managing Operational Plans
Operational plans give everyone in your business a clear idea of their roles, responsibilities, goals and objectives. Without an effective operational plan, productivity and direction can suffer.
3. Leading and Managing Effective Workplace Relationships
This skill involves supporting positive workplace relationships while considering the company’s values, goals, and cultural diversity. Strong colleague relationships are the backbone of a positive company culture.
“By valuing relationships and investing in your people, your business sustains momentum.”
– Glenn Llopis, ‘The Innovation Mentality’ (2017)
4. Leading and Managing Team Effectiveness
A leader is only as good as their team. You should be able to lead work teams to achieve goals and objectives while actively engaging with the management of the organisation.
5. Implementing Diversity in the Workplace
This involves the skills needed to develop, implement and review diversity policy and procedures in the workplace.
Research from the Diversity Council Australia shows 81% of HR leaders believe senior leadership is critical to the success of a diversity and inclusion strategy.
6. Managing Workforce Planning
Every effective leader should have the knowledge to research requirements, develop objectives and strategies, implement initiatives, and monitor and evaluate trends to manage the planning in their organisation.
7. Interpreting Market Trends and Development
Staying on top of market trends is a must to maintain a competitive edge. Forecasting future business needs starts with analysing industry and competitor marketing performance.
Are you looking to improve your skills and knowledge to be a great leader?
A Diploma of Leadership and Management from MyPath Education focuses on these seven skills, so you can effectively manage your staff to perform at their best while improving your bottom line.
You can get more information about our Diploma of Leadership and Management and other business management courses by submitting an online enquiry or calling our friendly team on 07 3489 7777.