Jeffrey Ross, Glenoe Associates

Thursday, July 26, 2012

What Makes a Good Business Leader?



There are all kinds of ways of defining a good leader. Therefore there are no right or wrong answers to this question.

I think the best leaders are determined by results. However these results can be measured both quantitatively and qualitatively.

Quantitative:

  • Did he/she attain the stated sales/profit goals?
  • Did he/she attain the stated increase in market share?
  • Did he/she launch an important new product successfully?


However, in many cases, the Qualitative measurements are at least if not more important in certain circumstances such as in a “turn around” situation or a new company start-up in its later stages.


  • Does the CEO (leader) have a clear vision and able to articulate it to management?
  • Has the CEO (leader) recognized his/her weaknesses and hired people who posses those strengths to fill those weaknesses?
  • Is the CEO (leader) able to “rally” the troops to get the job done?


Both of these measurements are very important. Although sales and profits ultimately define the success of a good leader, long term success relies on the qualitative as well.

Hey, no one said this was going to be easy!


2 comments:

  1. A good leader in order to succeed should own some leadership skills like responsibility, self-confidence, capacity of taking the best decisions and why not taking some risks.
    It's quite an interesting subject and because of this, I recently followed a leadership strategy consultant program at http://www.robinsonleadership.com, where I've learned so many useful things!

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  2. Thank you Diana for your comments.
    Everything you have listed is absolutely true and required of a good leader.
    A risk taker is a wonderful thing. Also making sure a good leader is willing to be held accountable to and for his people.

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