Four Vital Traits of Great Leadership

Four Vital Traits of Great Leadership

Anyone who holds a position of management, or has manager in his or her title is a leader by definition. However, not all managers are good leaders. The workplace is full of lousy managers. It takes great skills and a conscious effort to be a good leader.

These following four traits will play a big role in how successful you become as a leader.

1. Be a Good Coach–have you ever had any coaches that left a positive lasting impression on you? What made them great? Most likely they were great “coaches” and not unruly dictators. Good coaches teach instead of direct and dictate. They lead their teams by example and help them grow and develop. They know when to push and when to pull back and nurture. These kinds of coaches, or leaders, are able to find the right balance between the two and therefore get the most out of their teams. They also understand that each person is different so they must adapt to each individual’s needs.

2. It’s All About Respect–good leaders want respect. But they understand that respect is earned. They also know that respect works both ways. They recognize that when they give others respect, that respect will likely be returned. They trust those they lead to do the job they’ve been hired to do. They don’t micromanage. Instead, they allow their employees to fail and learn from that failure. By trusting their employees to succeed they gain their respect and their trust. Good leaders show respect by working with, and not above, their employees.

3. Master of Communication–communication is vital to the success of any relationship. Good communication leaves little room for error. But it takes practice to become a master communicator. Good leaders understand that there are many styles of communication. They have the ability to tailor their communication to whatever situation arises. They know how to teach, direct, advise, coach, motivate and listen. In fact, good leaders know that good communication starts with excellent listening skills. Practicing the art of good communication is the only way to get better at it. Doing this will allow you to express yourself with clarity, which less room for misunderstanding.

4. Flexibility–are you adept at adapting? If you want to be a great leader you have to learn to be flexible. That means you’re not only capable of handling change, but you’re prepared to adjust and adapt as it happens. Good leaders think fast and make decision quickly. They know that indecisiveness can kill success. Things can change rapidly in the workplace. In some cases, no two days are alike. Good leaders are able to adapt to the ever-changing workplace environment and help their teams adapt, as well. They must be able to focus on both the work process and the people they work with.

You Can Be a Good Leader

Whether your title includes manager or not you can be a leader. And if you’re already a leader then add these traits to your skill set to become a better one.

We hope you found this article about “Four Vital Traits of Great Leadership” helpful.  If you have questions or need expert tax or family office advice that’s refreshingly objective (we never sell investments), please contact us or visit our Family office page  or our website at www.GROCO.com.  Unfortunately, we no longer give advice to other tax professionals gratis.

To receive our free newsletter, contact us here.

Subscribe to our YouTube Channel for more updates.

Alan Olsen, is the Host of the American Dreams Show and the Managing Partner of GROCO.com.  GROCO is a premier family office and tax advisory firm located in the San Francisco Bay area serving clients all over the world.

Alan L. Olsen, CPA, Wikipedia Bio

GROCO.com is a proud sponsor of The American Dreams Show.

The American Dreams show was the brainchild of Alan Olsen, CPA, MBA. It was originally created to fill a specific need; often inexperienced entrepreneurs lacked basic information about raising capital and how to successfully start a business.

Alan sincerely wanted to respond to the many requests from aspiring entrepreneurs asking for the information and introductions they needed. But he had to find a way to help in which his venture capital clients and friends would not mind.

The American Dreams show became the solution, first as a radio show and now with YouTube videos as well. Always respectful of interview guest’s time, he’s able to give access to individuals information and inspiration previously inaccessible to the first-time entrepreneurs who need it most.

They can listen to venture capitalists and successful business people explain first-hand, how they got to where they are, how to start a company, how to overcome challenges, how they see the future evolving, opportunities, work-life balance and so much more..

MyPaths.com (Also sponsored by GROCO) provides free access to content and world-class entrepreneurs, influencers and thought leaders’ personal success stories. To help you find your path in life to true, sustainable success & happiness.  It’s mission statement:

In an increasingly complex and difficult world, we hope to help you find your personal path in life and build a strong foundation by learning how others found success and happiness. True and sustainable success and happiness are different for each one of us but possible, often despite significant challenges.

Our mission at MyPaths.com is to provide resources and firsthand accounts of how others found their paths in life, so you can do the same.