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The corporate leaders
have been making big differences, depending on their performance, which
means the quality of the leader determines corporate future. From 2000
to 2002, revenues of companies ranking from one to ten on the Global
Fortune 500 list rose by an average of 13.2%. But revenues of companies
ranking from 11 to 20 dropped 7.7% on average, showing uneven
performances.
As
the business environment rapidly changes and gets more and more
competitive, the role of leaders of firms has become increasingly
crucial. At a time of dynamic change, the role of leaders in leading
their companies in the right direction cannot be overemphasized.
The Best Leaders
- Flexible, dynamic, and challenging character
Leaders in this group are capable of upgrading their companies’ core
competency which is built over the years by adapting to the competitive
conditions. They are always on guard against backsliding and
continuously striving to improve and reform their management style as
well as corporate culture. The more they perform, and the better they
respond, the more innovative they become.
- Working as an competent deliverer of the corporate vision
Leaders in this category show employees clear business direction on the
strength of their own vision of the future. Their role can be compared
to that of an evangelist. They usually have a sharp nose for good
management; they swiftly catch potentials for profits when they see them
by strategically capitalizing on their external networks in achieving
ambitious goals
- Indomitable leaders
Leaders in this category face problems head-on, overcoming corporate
difficulties by aggressively and decisively restructuring their ailing
companies. Carlos Ghosn of Nissan and Carly Fiorina of Hewlett Packard
possess these qualities. Leaders of this type will not give up until
they succeed. Once they see an opportunity for success, they will jump
at it and endure until they achieve their goals.
As you can see, there are a number of advantages that company can get
from the good quality of leaders. On the other hand, sometimes, company
goes out of business due largely to its leader who has poor performance.
The Worst Leaders
- Falling leaders
These leaders, in times of difficulty, are unable to sustain the rapid
growth. Their earnings decline sharply in times of recession. Leaders in
this group have been criticized for pursuing short-term profits through
questionable means such as collusive links with politicians, creative
accounting, and deceiving consumers. Not only does this tarnish the
image of the leaders themselves, but also spoil the reputation of their
companies.
- Hesitating leaders
Leaders in this group usually fail to respond swiftly to new market
trends. Ineffective responses to the markets and not being able to adapt
to new trends ultimately will lead their companies to crisis after
crisis.
So far, I mentioned a lot of things to help people to become the best
leader. As a matter of fact, a number of employers or the leaders of
firms have already known how to properly manage their company to make a
lot of profit. However, the reason why each of them has different
performance in their workplace is that some employees keep observing and
analyzing business situations with leader’s sight even though they are
not leader of the group, which means that some employees have already
been working as a leader since low level position. In a word, we need to
obtain the sense of the best leader and train it in order to perfectly
comprehend the sense.
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