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The Skills And Qualities Of An Entrepreneur

   

Added on  2021-02-19

13 Pages3680 Words30 Views
Leadership

Table of Contents

INTRODUCTIONLeadership indicates to the art and quality of motivating people and employees towardsan act, work and ask to achieve the aims and objectives of it. It can be a process by whichinfluence is created on individuals and they are motivated for attaining their objectives andoperating a company in en effective and appropriate manner which makes it more rational andadhesive (Aaker and Joachimsthaler, 2012). In an organisation, it refer to the ability of leaders tomotivate and inspire the behaviour of individuals as this creates significant impact on ways inwhich tasks are carried out in effective manner and make contribution in the growth of the firm.This assignment will discussed about the skills and qualities which are required to be asuccessful business. Further will be defined about the distinguishes leadership management andexplained about learning of leadership from own experiences.MAIN BODY 1. What is involved in being a successful leader?To be a flourishing leader, there exists diverse traits, skills characteristics & qualities areneeded which leaders successful in their lives. There are skills, traits and qualities of successfulleaders which are mentioned below:Qualities of successful leadersCourageous- This is most crucial that the individual must have the quality of courageous.Because it help in preparing them to take risks in each situation when no one else will. In anorganisation, the leader who has this quality, they are help in providing solution of hard situationwhen no one other are taking action (Antonakis and Day, 2017). Diligent- It is another quality which is required and necessary to be a successful leader.With the help of it a leader can preserve in conviction, courage, creativity, compassion etc. In acompany, the leaders who have this quality, they work hard and achieve the aims of the firmseffectively in set period of time and help in the success of the company. Responsive- Successful leaders are liable to address the needs of individuals or followers.They make improvement and modified their behaviour according to the situation. In a firm, whenthey are working in a team then they clearly and efficiently listen to their team, their issues andproblems so that they can provide solution regarding them help in attaining the aims of the team. 1

Flexible- The successful leaders always ready and are able to deal with them. Theymodified & alter methods and adopt them depending on conditions, circumstances and context.In an organisation, to be a successful leader, the individual must always ready to adopt new ideasand changes if they are helpful for the development for the organisational growth (Avolio andYammarino, 2013). Traits of successful LeadersEffective communicator: To be a successful leader, it the main trait that the leader mustbe effective communicator so that they can share their views and ideas to others. This help inunderstanding the vision and mission of the task clearly and the employees will do workregarding them. Commitment and persistence: By showing dedication as well as genuine commitment,employees can be motivated. For this leader needs to think strategically through which they canformulate short as well as long term goals. Leader is an individual who is committed to give theirbest through which organisational goals can be attained within stipulated time duration (Beckand Cowan, 2014).Willingness to learn, unlearn and relearn: Leader is a person who never stops learningfrom the opportunities they have and from possibilities. They are open as well as have growthmindset which makes them different from others (Beck and Cowan, 2014). Leaders take risksthrough which they can attain good results.Tranformational leadership theory: As per this theory leader can be only efficacious ifthey are able to alter or transform perceptions, exceptation and behaviour of followers andguides them for attainment of goal which will assist them to accomplish their visions. Thisdenotes that leaders have influential and charismatic personality . Leader posess certain traitswith respect to this they includes:Psychological transformation in terms of bringing alterations within mindset as well asperceptions of their followers.Influential leads to creation of affirmative impact on their followers. Along with this,they also generates affirmative energy among followers. Leaders encourgae their followers for attainment of objectives and goals which tends tocreate powerful impact on perceptions as well as behaviour of their followers. 2

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