Define Leadership for Business

Define Leadership for Business.

Leadership is the most important factor for the outstanding and continuing success of a business. You could also add entrepreneurship as a close second. Hermann Simon claims this in his great book 'Hidden Champions of the 21st Century' where he describes the success strategies of unknown World market leaders.

A simple definition is that leadership is the art of motivating or inspiring a group of people to act towards achieving a common goal. A leader provides a set of goals and a purpose of direction.

A leader is the person in a group that possesses the combination of personality and skills that makes others want to follow their direction.

For some inspiration I give some leadership examples and some famous leadership quotes.

Characteristics of Leaders

It could be stated that a leader has the following characteristics

  • Unity of Purpose and Focus
  • Single-mindedness and clarity of thought
  • Stamina and perseverence
  • Confidence and Fearlessness

Leaders can also adopt various styles. Indeed six leadership styles have been identified.

In particular, click here to learn about What is Transformational Leadership.

What is the difference between a Leader and a Manager?

Click here to learn about what the difference is between management and leadership

Required Leadership Competencies

Click here to learn about the key leadership competencies as defined by Deming and Scholtes, which relevant to Business Intelligence advocates.

Finally Is a leader born or made?

While there are people who seem to have natural leadership abilities, many leading experts claim that, people can learn to become leaders by improving particular leadership skills and competencies.

Go to Top of 'Define Leadership for Business'

Back to 'Business Intelligence' Home Page