Saturday, January 22, 2011

5 Keys to Leadership for Small Business


1. A leader plans.

The core of leadership is being proactive rather than reactive. Sure, leaders are good in crises – but that doesn’t mean they sit around letting crises develop. Leadership involves identifying potential problems and solving them before they reach crisis proportions – and the ability to identify and reap potential windfalls. So good leaders analyze and plan and adapt their plans to new circumstances and opportunities.

2. A leader has a vision.

Vision is essential to good leadership. Vision provides direction and without direction, there’s not much point to all that planning; your small business will still flail about. So if you don’t have one already, take your first step towards leadership by creating a Vision Statement for your business. Because it embodies your dreams and your passions, a vision statement will also serve as a leadership vision.

3. A leader shares her vision.

Sharing your leadership vision helps your vision grow and your leadership develop. As you tell your leadership vision to others, you will strengthen your own belief in your vision and strengthen your determination to make your leadership vision become reality. And other people will start to see you as a person who’s “going places”. Your leadership skills will grow as you and other people recognize you as a person with leadership potential.

4. A leader takes charge.

At this stage of leadership, you put together your planning and your leadership vision and take action. Whether it’s implementing a specific plan to improve your business’s bottom line or responding to a crisis, you, as the leader, are the one who makes the decisions and sees that the appropriate actions are carried out. You can’t just “talk a good game” to be a leader; you need to act and to be seen as taking effective action for the good of your small business.

5. A leader inspires through example.

If I asked you, you could easily name three people whose leadership qualities inspire you. If I asked you why, you’d tell me about the things these inspiring people did or are doing. Leadership is defined through action. Therefore, in developing your own leadership skills, you have to act in ways that are fitting to your leadership vision and your self – all the time. We can all name many actions of other people whom we admire, but what inspires us is the integrity that gives these actions meaning.

Becoming a leader isn’t easy because it takes a conscious commitment and consistent effort to develop one’s leadership skills. But on the positive side, anyone who is willing to make the effort can become a good leader.

And as good leadership is critical to business success, your efforts to improve your leadership skills will be amply rewarded. By working on these five keys of leadership, you can become the leader your small business needs.



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