Aspiring managers, business owners, and top-level leaders consistently focus on developing the competencies they consider crucial to success. After decades of research into leadership skills, experts have identified a range of competencies that create the "ideal" leader. While opinions may vary, many agree on a core set of skills that are vital for running a thriving organisation.
Attracting and retaining talent requires creating the right atmosphere. While growth opportunities and training are important, fostering a culture of respect and trust is key. A study by Dr. Sunnie Giles in the Harvard Business Review found that earning trust and respect involves maintaining high ethical standards and clearly communicating expectations. When employees feel confident in their leadership, they are more likely to collaborate and contribute to a more innovative working environment.
A great leader has a clear view of the business’s future and understands the steps needed to secure it. Leaders with strategic focus can respond effectively to industry challenges, adapt plans quickly, and make important decisions that align with long-term goals. They translate broad business strategies into meaningful short-term objectives and know when to consult their teams and take calculated risks.
Goal-oriented leaders empower their teams by providing clear direction while giving employees the freedom to take action. Leaders who avoid micromanaging allow their teams to flourish, resulting in a more motivated, confident, and accountable workforce. Empowered employees often record higher levels of job satisfaction and engagement.
Successful leaders create a sense of community within their business, ensuring that everyone feels part of a common goal. When employees feel connected to the organisation, they become more proactive, engaged, and invested in its success. In contrast, a lack of unity can lead to disengagement and reduced productivity.
Leaders need the courage to take risks for the benefit of their organisation. This includes sticking to a plan for success, expressing beliefs even when others are uncertain, and making bold decisions. While taking risks is essential, it must align with the organisation’s overall mission and lead to positive outcomes.
Employees can become frustrated if they feel there’s no room for growth. Great leaders foster organisational development by providing new learning and career opportunities. Allowing room for mistakes is also key, as growth often involves trial and error. Leaders who invest in their teams’ development are rewarded with loyalty, higher-quality work, and improved performance.
Leadership competencies, like any skill, can be taught and developed. Ongoing leadership training and development help build essential skills across the organisation. Creating a successful business is an ongoing challenge, and leaders play a crucial role in ensuring their teams have the resources needed to thrive.
Many thanks,
Alex & The Excel Team
P.S. If you would like to discuss any of your other learning & development challenges, book in your discovery call.
About Excel Communications
Excel Communications is a learning and development consultancy based near London in the U.K. For more than 30 years; we have been collaborating with clients across the globe.
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