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Define Leadership for BusinessDefine Leadership for Business. Leadership is the most important factor for the outstanding and continuing success of a business. You could also add entrepreneurship as a close second. Hermann Simon claims this in his great book 'Hidden Champions of the 21st Century' where he describes the success strategies of unknown World market leaders. A simple definition is that leadership is the art of motivating or inspiring a group of people to act towards achieving a common goal. A leader provides a set of goals and a purpose of direction. A leader is the person in a group that possesses the combination of personality and skills that makes others want to follow their direction.
It could be stated that a leader has the following characteristics
Leaders can also adopt various styles. Indeed
six leadership styles
have been identified.
Click here to learn about what the difference is between
management and leadership
Click here to learn about the key
leadership competencies
as defined by Deming and Scholtes, which relevant to
Business Intelligence
advocates.
While there are people who seem to have natural leadership abilities, many leading experts claim that, people can learn to become leaders by improving particular leadership skills and competencies.
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