Excelling at organizational leadership requires both a strong understanding of industry trends and a high level of emotional intelligence. Effective leaders bring these skills together to devise effective strategies and motivate their employees to achieve exceptional results.
An understanding of one’s industry as it exists today, as well as the trends likely to shape it in the years to come, is essential to effective leadership. The best leaders are flexible and forward thinking in their outlook, according to Forbes.
Maintaining an overly fixed perspective, or commitment to doing things as they have traditionally been done, can lead to organizational stagnation. This can create new opportunities for an organization’s competitors and, in many industries, can quickly result in an organization falling behind on market trends. The best leaders prevent this by empowering those around them to propose novel ideas, and they are always listening and willing to consider other perspectives.
Because managers are essentially responsible for leading teams, high levels of emotional intelligence can help them excel at organizational leadership. Knowing what motivates employees, how to set high expectations, and how to provide feedback in a constructive, appropriate manner are all important skills for leaders. Communicating clearly, consistently and effectively are further important components of effective leadership.