What It Means To Be a Business Leader In 2019

Take your staff to lunch in Hobart

Being a leader involves many qualities, but not everyone can be a great leader naturally. Before you can aspire to any leadership role in an organisation, it’s necessary to develop some basic skills and qualities. However, let’s share some expectations of what followers demand from 2019 business leaders.

Be Accountable

When you serve, there should be an emphasis on accountability and fair play. Especially in a commercial environment, board members often demand accountability from leaders. Accountability reassures your followers of their resources being managed prudently. One of the interesting facts of being a business leader in 2019 is the ease of assessing performance. There are digital programs that can track the management of office overhead costs, productivity, and challenges. The leader doesn’t have a monopoly over these tools because his followers might have high-level skills to apply them. So, it’s proper to be accountable when you lead any business in 2019.

Upgrade Your Skills and Knowledge

When business leaders lack impressive ideas, it shows in their conversations. Being an effective leader means that your knowledge base is dynamic. Instead of having stale ideas as a leader, look for ways of improving your standards and values. You can also register for skill acquisition programs that offer training and development. Upgrading your skills and knowledge can come from engaging in research programs too.

Read New Books

Regardless of a business leader’s busy schedule, book reading is often convenient before bedtime. However, leaders that have poor eyesight or fatigue issues can listen to podcasts daily. Apart from assimilating the content of books or educational podcasts, note taking can build you. Normally, our memory can’t retain every detail of what we read. Instead of failing to keep the message on your fingertips, engage your mind with a summary of what you read. Get books on leadership and people management that apply to areas of your interest. You can read wide by delving in other fields of endeavour, but not without building foundational knowledge in your niche.

Consider Gender Diversity

The world population shows a higher number of women than men. Without promoting gender bias, 2019 business leaders should include women in their team. Many organizations that I have seen are endowed with a critical mass of brilliant women. However, there should be equal opportunity for both male and female employees in any organization. It’s both a man and a woman’s world, and gender diversity in leadership can trigger more financial gains.

Succession Planning

One of the greatest challenges for individuals that are vested with leadership positions is the lack of planning. Successful organizations transcend their leaders because corporate entities are meant to serve different generations. As a 2019 business leader, you should devise plans to develop subordinates that will likely succeed in your position. Well-thought succession planning gives credibility to a predecessor’s style of leadership.

Leadership Is Action

When leaders lack the will power to implement sound business policies, it shows they are not suitable to lead. It’s proper to understand how your company’s leaders behave at top-levels before accepting the same responsibility. Understudying great leaders can inspire you to greatness and help you learn from their actions. Also, it could be the right opportunity to change unacceptable behaviour when you assume leadership roles. A leadership style that aligns with setting great examples and executing actionable plans can transform any business positively.

Be Proactive and Humane

Usually, sought-after leaders are proactive and they think about the people that are led. Apart from building a viable workforce, business leaders should initiate and support policies that support the dependents of employees. How about treating your staff on a trip to Hobart for a nice lunch and conference? Or choose another destination with an ‘Instagram friendly’ view, such as a waterfront accommodation? When 2019 business leaders guide their thoughts and behaviour with organizational cultures, it affects everyone that depends on that company. It’s not enough to dream of big welfare packages for productive employees, but leaders should be proactive with these plans.