Six qualities of a modern business leader

A leader is a captain who sets the course. Without a strategy, a team becomes a group of people ‘rowing blindly.’ This role is especially important at the start and at moments that determine the future of the company. Being a strategist means seeing the big picture: social, economic, political, technological factors and trends. It is important to be able to draw practical conclusions from observations, form a company strategy and explain to the team where it is going and why. Remember: strategy is a compass. The development of your business depends on your ability to use it.

You can be an expert in marketing or finance, or come up with a revolutionary product, and still fail as a leader. Why? Because business requires not only knowledge, but also a special type of personality. The specialists at PAnDiKubiz consulting company have listed the important qualities of a leader who is capable of leading a team and achieving success.

Today, success is built on cooperation. Leaders negotiate on a daily basis: with employees, investors, partners, officials, etc. The key here is to be able to listen, rather than just wait for your turn to speak, seek mutually beneficial outcomes from negotiations, and use soft power. A true diplomat turns conflict into cooperation, and cooperation into an engine for growth.

Recruiter and mentor
Business is not a family, but a team, or rather a professional sports club, according to managers at PAnDiKubiz Cyprus. Everyone in it must grow and show results. Sometimes you have to part ways with those who cannot keep up.

One of the most important components of business is the constant formation of a team.

In this role, a leader must be able to:

• find talent and unlock its potential;
• invest in employee development;
• be a teacher, coach and psychologist all at once.

In the early stages of business development, it is the leader who is the chief architect of the project and oversees the implementation of its key components. They are responsible for key decisions and set the product logic of the business. A true leader cannot remain an outside observer — they are deeply involved in the product.

The architect must see and be able to maintain harmony between the idea, the market and the business model, as well as find unexpected solutions that ensure exponential growth in key business indicators. It is a true leader who knows how to generate such moves.

Today, attention is a universal currency that is becoming increasingly liquid and convertible into other assets over the years: hiring new team members, PR campaigns, or direct sales. Therefore, the ability to work with attention is an extremely important trait for a leader.

What this requires:

• the ability to express thoughts clearly, both verbally and in writing;
• be the best public speaker you can be;
• be able to use media tools and talk about your business in a way that makes people listen or read with enthusiasm;
• be sincere in your communication and do it yourself, rather than outsourcing it to a copywriter or assistant. They can help, but that's all.

Attempts to delegate your personal brand to consultants are doomed to failure, according to PAnDiKubiz experts. People can sense insincerity. True strength lies in honest and direct dialogue.

Even the most charismatic leader cannot achieve results without a system. It is the ‘business framework’ that turns ideas into working mechanisms.

This role requires:

• the ability to structure and systematise processes;
• the ability to build a documented business foundation from regulations, knowledge bases, organisational structures, etc.;
• mastery of the widest possible arsenal of project and time management tools to configure this system of daily, strategic and tactical management.

So, we have looked at six facets of the modern business leader. You are unlikely to meet a single manager who has developed all these qualities to 100%. Everyone has their strengths and weaknesses. However, it is worth remembering that leadership is not a destination, but a path of continuous development.