Published: 2021-10-02
Views: 468
Author: Contributor
Published in: Management

Poor leadership can cost businesses more than just employee morale.

According to Gallup data, 24 percent of workers are actively disengaged as a result of bad management, resulting in less productive, less profitable, and more likely to create turnover teams.

And turnover adds up quickly, amounting to nearly twice the annual wage of each person who leaves.

That is why strong leadership is so critical. You need people who can successfully explain the firm's vision, guide teams, and drive change in order to retain employees, satisfy customers, and boost corporate efficiency.

The Characteristics and Qualities of a Good Leader

#1. Integrity

The value of integrity should be self-evident. Though it is not always a statistic in employee evaluations, integrity is important for both the individual and the organization.

It is especially critical for top-level executives who are setting the organization's course and making a plethora of other critical decisions.

According to our findings, organizational integrity may be a possible blind spot. Make certain that your organization emphasizes the value of honesty to leaders at all levels.

#2. Ability to Delegate

Delegating is one of a leader's primary duties, however, it can be difficult to delegate properly.

The goal is not just to free yourself up, but also to enable your direct reports, facilitate teamwork, provide autonomy, lead to improved decision-making, and assist your direct reports in growing.  To delegate effectively, you must first establish trust with your team.

#3. Communication

Effective communication and effective leadership are inextricably linked. You must be capable of communicating in a variety of methods, from conveying information to coaching your team members.

The effective implementation of communication throughout your organization has a direct impact on the success of your business plan.

Discover how better talks can genuinely improve your company's culture. Professionals in all industries benefit from being able to communicate effectively.

Give staff precise instructions and explanations so they understand how to complete their responsibilities efficiently.

Consider the following communication hints:

A. Be clear

Clarity can help team members understand what is expected of them. Incorporating detail and rationale into your communication can help people follow orders and adjust to unusual situations.

B. Answer questions and address concerns 

Inquiring if an employee or colleague has any questions ahead of time can help to resolve conflicts. If someone is confused about the procedure or the steps to take, you will be able to move things along more quickly if you address this as soon as possible.

C. Listen and keep an open mind

When their thoughts are heard in a professional setting, most people appreciate it. Listening to your staff not only enhances their engagement but also expands your pool of potentially beneficial ideas.

D. Give feedback

It is critical to provide feedback and follow-up communication in order to keep things operating smoothly. If someone is not meeting project expectations, a nudge in the right direction can do wonders. Consider recognizing a coworker who is doing something well in order to promote more of the same.

#4. Self-Awareness

Although this is a more inward-looking skill, self-awareness is essential for leadership. The more you know about yourself, the more productive you can be.

Do you know how others perceive you or how you present yourself at work? Take the time to learn about the four components of self-awareness and how you may improve each one.

#5. Commitment and Passion

Your employees look up to you, and if you truly want them to start giving their all, you must be as well. When your team members see you getting involved with them, they will do the same.

It will also help you gain your subordinates' respect and instill new energy in your team members, allowing them to perform better.

If they believe you are not fully committed or lack passion, the leader will have a difficult time motivating your people to achieve the goal.

#6. Sound Decision-Making Capabilities

All successful leaders must be able to make the best decision at the expected time, as well as having a vision for the future.

Leaders' decisions have a significant impact on the masses. Your position as the leader of the organization demands that you must think long and hard before making any sound decision, but once made, you should stick to it.

Although most leaders make decisions on their own, it is strongly advised that you consult with key stakeholders before making any decisions. After all, it is they who will benefit or suffer as a result of your decisions.

Effects of the Qualities of Good Leaders

History has kept the stories of successful leaders who were able to strike the right balance between business foresight, achievement, and personality.

They carry a good sense of vision, courage, integrity, humility, and focus. They are also good at making strategic plans as well as catalyze team cooperation.

A responsible leader is someone who takes ‘responsible action.' In a business sense, this entails making choices that take into account stakeholders such as workers, clients, and suppliers, as well as the environment, community, and future generations.