Strand-Ridge
  • Home
  • Biz Services
    • Biz Consulting
    • Strategy Workshop
    • Public Speaking
    • Biz Training
  • StrandRidge Academy
    • Sustaining High Growth For Long Term Success
    • Global Productivity Mindset
    • On-Demand Video Archive
  • Biz Exchange Mall
  • Global Trade Promotion
  • Contact
  • About
  • Motivation To Succeed
    • Motivational Videos Archive
  • Events
    • Upcoming Events
    • North East Business Exchange
    • ARCHIVES 1
    • ARCHIVES 7
    • ARCHIVES 8
  • Leadership Insights
  • Strand-Ridge Cafe
  • Consent To Receive E-mails

Leadership Skills

6/29/2015

0 Comments

 
Picture
Essential Leadership Skills
Turn your ideas into action

To succeed in business you need the leadership skills to lead a team that can turn your ideas into productive action.

The leadership qualities we all need to have include:

Listening And Learning

There is a classic Simon & Garfunkel song that says, “… People talking without speaking. People hearing without listening … “We have to listen to what our stakeholders say. Analyse the feedback and research the facts so you can make informed decisions that support your business objectives.

Establish channels for continual communication with your stakeholders.  

Informed Risk Taking

Business is about taking calculated risk. This requires weighing all the strengths and weaknesses of all available options. The final decision requires steps that can be taken to mitigate risk.

Risk management includes planning the course of action that needs to be taken in the event of a negative outcome occurring.

Some years ago a tsunami destroyed hotels and small businesses along the beach-front in the region of Phuket, Thailand. This was a very popular international tourist destination. When a tsunami happens it can cause almost total loss for businesses in the area. However, the likelihood of a tsunami actually happening is small.

Many of the small businesses in this part of Thailand did not have insurance to cover the losses. The only positive factor was that the capital needed to rebuild these businesses were small enough to enable the leaders of many businesses to restart their business.

Planning for the worst case scenario is an essential leadership skill that can help you to take the necessary calculated risk.      

Building A Team of Talents

The extent of leadership success is very depended on the quality of your team of advisers and individuals involved in implementing your action plan.

Engage the best people possible to work with you. Business leadership requires the ability to govern a business competitively. This requires the skills for getting the right talents to perform to best of their ability in implementing your plan of action.  

The successful entrepreneurs in the field of information technology succeeded in giving us smart devices and software applications by hiring the best minds in engineering, finance and marketing.

So, learn from the best, build your team of talents and motivate them to act decisively.   Siddha Param
International Business Consultant

Reboot your business plan for sustained high growth

Click For Link To:

CENTRE FOR EXCELLENCE

BUSINESS EXCHANGE DIRECTORY

Do share this article on social media and with those interested

0 Comments



Leave a Reply.

    Archives

    September 2020
    March 2020
    February 2020
    January 2020
    December 2019
    November 2019
    October 2019
    September 2019
    August 2019
    July 2019
    June 2019
    May 2019
    April 2019
    March 2019
    February 2019
    January 2019
    December 2018
    November 2018
    October 2018
    September 2018
    August 2018
    July 2018
    June 2018
    May 2018
    April 2018
    March 2018
    February 2018
    January 2018
    December 2017
    November 2017
    June 2017
    August 2016
    July 2016
    June 2016
    May 2016
    April 2016
    March 2016
    February 2016
    January 2016
    December 2015
    November 2015
    October 2015
    September 2015
    August 2015
    July 2015
    June 2015
    May 2015
    April 2015
    March 2015
    February 2015
    January 2015
    December 2014
    November 2014
    October 2014
    September 2014
    August 2014
    July 2014
    June 2014
    May 2014
    April 2014
    March 2014
    February 2014
    January 2014

    STRAND-RIDGE news provides free business knowledge articles.

    Categories

    All
    High Growth Planning

    RSS Feed

Powered by Create your own unique website with customizable templates.