There are many leadership styles and different qualities are suited to different environments. While some situations call for leadership that is direct and defined, other situations call for a more nuanced approach that allows for time and dialogue before decisions are made.
What is clear in any situation is that leadership is necessary. Be that leading the political decisions of a nation or the buying decisions of an enterprise, someone needs to be the person responsible for making the final decision and taking responsibility for that choice.
We’ve put together 5 reasons why strong leadership is important to a business and the benefits of having it in place.
- Implements vision and values
Most businesses have a vision of how the business will grow, be perceived by customers and the role it will play in the community. Sometimes these things can be disregarded in the day to day running of a business.
A strong leader helps to ensure that employees know and understand the company’s vision and values and remind them to implement it into their daily actions.
- Boosts morale
Constantly recruiting is time-consuming and expensive, so boosting morale to help retain employees is important. A happy, contented workforce who feel appreciated and involved in a company’s journey will be more likely to stay loyal to a business, whilst achieving productivity targets – something which a strong leader will ensure happens.
- Ensures effective communication
An effective leader ensures that decisions that affect employees, the direction of the company or growth opportunities are communicated effectively to all employees in a timely manner.
From the date of the End of Year Staff Party to the acquisition of a new business asset, a leader informs employees (and delegates communications) of any important news that influences the future of the business and those working for it.
- Motivates employees
Strong business leaders will motivate employees, whether this is in a monetary form via salaries and bonuses, or the implementation of schemes and reward systems that can benefit all staff. They should also recognise hard work and achievement where necessary, so staff feel appreciated for what they do and motivated to continue the good work.
Leaders who lead by example are a solid source of ongoing motivation. By being a humble but knowledgeable leader who communicates their expectations and lives up to their own standards, a leader motivates others to follow the example.
- Provides appropriate resources
Having the right tools to do a job effectively is important for every member of staff and a strong leader will make sure these are available for the whole organisation. Doing this will show that they care about the quality of work produced and they will make the effort to ensure they always can.
None of these points about being a good leader is categorised into leadership styles. That is because these qualities can be displayed under any leadership style. An autocratic leader can still communicate well and set standards by example. A laissez-faire leader can provide resources while also implementing the company vision.
Strong leadership is essential to your business success, no matter what style it is in. Without guidance and accountability, a business cannot choose a path and grow into a successful and respected industry leader.
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