How great business leaders are made

Business leaders wear many hats. They are accountable for a wide range of responsibilities and having well-developed leadership skills is critical to success. Whether you are a general manager of a big successful business or are trying to get your own company off the ground, a great business leader has a number of key qualities that allow them to succeed in a leadership role. Today we talk about how great business leaders are made. 

Curiosity

Great leaders are curious at all stages of their careers. Being curious means seeking out new and innovative ideas to improve their business. The curiosity and willingness to try new things can positively impact the company culture, as the best leaders encourage their members to be ever-inquiring and inventive. 

Self-evaluation

Successful business leaders do self-evaluation of their own strengths and, more importantly, weaknesses. This allows them to see the abilities they lack and consequently, delegate tasks to team members who possess them. Good leaders will also identify their weaknesses so that they can also work towards improving them. 

Communication

In order to be a great business leader, you need to have open communication with the rest of your team. Clear communication is important for identifying the team’s needs and especially when working with a decentralized workforce. Strong teams are forged through clear, effective communication from the top-down. 

Goal setting

Good leadership also involves setting clear business goals for the company, the team and yourself. Great business leaders are able to clearly articulate their step-by-step vision. This helps motivate their team to do the hard work necessary to achieve the desired results within a company.

Risk taking

The business world is full of challenges. A true leader is willing to take risks in order to boost performance or achieve goals. They also know when exactly to take these risks by collecting data and running scenarios to inform their decision-making. 

Thank you for taking the time to read our article on how great business leaders are made. And if you are interested in studying Business Administration in Berlin, we offer two specializations: Human Resource Management and Leadership and International Management & Marketing, as well as a BA degree in Digital Business & Management. Feel free to contact our Student Affairs team at any time via application@berlin-international.de.