What are the competencies of a leader?
The key component of a corporate leader is their knowledge and ability to invest it in the workplace to drive forward a company’s performance.
Every company or startup needs a great leader. Good leaders don’t only know their capabilities but also share their vision of a project with team members and are able to identify their team members’ strengths.
We live in an extremely unpredictable world that is only becoming more dynamic and challenging. This complexity reflects in the business environment, which is continuously evolving. Twenty-first-century organizations need leaders who can adapt to these transformations, who manage to keep the boat afloat during a storm.
We have collected 6 significant traits of tomorrow’s leaders:
1- Leadership Awareness
In recent years, leadership has captured the attention of sociological experts and executives of large corporations. Almost everyone agrees on the positive effects that good leaders have had on the effectiveness of organizations. Without leadership awareness, it is and will be much harder to succeed.
Organizations of the future will look for trained leaders are prepared to move their business forward. The challenge is to develop these personal skills consciously (leading change, innovation, and creativity, working in a team, taking decisions, communicating, etc.).
Leaders of tomorrow will be aware of their ability to steer the wheel, and will reflect on their goals before pursuing them, all while counting on their teams and surrounding themselves with like-minded people.
2- Constant Innovation
Innovation is a crucial success factor in any activity. The competitive demands faced by current and future companies are enormous. We are in an unpredictable environment that requires rapid responses to any sudden changes.
The good news is that we can create a space that stimulates creativity, and provides greater accessibility and a multitude of tools to promote innovation. The exercise of leadership requires giving importance to innovation in any field and understanding that the real risk is in non-innovation.
Leaders will ensure that all members of the organization, from managers to employees, are involved in developing a climate of innovation in which creativity is eminent.
3- Team Collaboration
Most organizations today are built on vertical structures, in which everyone cannot cooperate in the same way. The trend is to assume a more horizontal model based on collaboration gradually.
With the development of new information technologies, collective intelligence will gain more and more weight. Tomorrow's leadership will increasingly focus on promoting this collective intelligence.
It will be the responsibility of the leader to prevent the group from being a "mass" and behave, on the contrary, efficiently and intelligently. As a result, more and more people will be involved in decision-making processes, and leadership will encourage this agent of change.
4- Delegation: Leading the Change
In an unpredictable environment, a leader cannot physically control all aspects of the workload, whereas traditionally, a manager would overlook the smallest of details including and not limited to planning, analysis, distribution of tasks and more.
When leading a group of people through an innovative program, a leader will have an open eye on talents among the members of the team and smoothly delegate tasks to the right person. This is why it is crucial for a leader to be willing to adapt to change and delegate accordingly.
Moreover, leaders will move more frequently from one culture and business model to another, which is why they will need to be flexible and adaptable. The leader of the future is called to be the driving force of change.
5- Emotional Intelligence and Social Skills
The future leader must be a mentor. Social skills or "soft skills" are becoming one of the most sought-after skills. These skills are the skills necessary to persuade, influence and convince others to achieve their KPIs and goals.
Leaders who can connect through mentoring and who can inspire confidence and empathize with others inside and outside their own organization standout from the rest.
Leadership will definitely need these skills since the mastery of these soft skills will become an indisputable value for the company. The leader of the 21st century must emerge as a "social influence" on those around him/her. One of the company's top priorities in the 21st century will be to understand and nurture the process of communication in order to achieve set goals.
A leader should always state and define his interests and express his opinions calmly without trampling on the rights of others. It is about assertiveness, one of the key capabilities of leadership. It is, moreover, an aptitude that guarantees better relations and increases the possibilities of success. Be resolute to be able to set your own guidelines and reach your goals.
The importance of leadership midst any organization is crucial to its growth. It is setting the bar high for team achievements and a cycle of sustainability built from the top management to the intern. Leadership competencies are the ability to establish a cohesion and harmony among team members all through thriving with the organization.