All entrepreneurs and managers need to wear multiple hats. They are held accountable for a number of responsibilities, right from accounting to business development. Ram V Chary says that entrepreneurs and managers would have to act as a business leader, and take crucial decisions, manage its team, formulate the business strategy, and so on. Mr.Chary has himself held leadership positions in different companies. In the span of his career, he served as a CEO, president, executive vice president, director, and consultant. Hence, he has a good knowledge about the importance of good leadership for a business.
The right leaderships go a long way in enabling a business to consistently grow and prosper. However, being a good leader is not an easy task. Ram V Chary says a person would need certain personality traits, skills,knowledge and a level of experience to a be a good leader for a business. No one becomes a good leader in one day, but with hard work and persistence, they can surely take steps towards becoming one over a span of time.
Here are a few tips for becoming a good business leader, as underlined by Ram V Chary:
- Identify strengths: All people have their own talents and skills, which can be quite helpful in leadership positions. One can note down what they consider to be their strongest assets and skills. Keeping these factors in mind, one must decide on the best steps to take to progress in their career. For this, they should try not to compare themselves with others, but approach people who inspire them and ask for advice.
- Develop existing skills: Exercising and building upon the strengths one may already have would go a long way in enabling them to reach their full potential. Becoming an expert in their individual field can help people to enjoy more value as a leader, and open up new avenues for them
- Find a mentor: A mentor can significantly help people to understand the skills needed to be a good leader, and work on them. They can also help people to avoid common and recurring obstacles, and become equipped to approach any person or circumstance without getting intimidated.
- Get a different perspective: Business leaders need to be right, at least most of the times. Not only must they have good instincts and strong sense of judgment, but they also should seek advice from people belonging to diverse backgrounds and having different perspectives, listen carefully and work to dis-confirm their beliefs. Keeping themselves open to various lines of thought can help business leaders to make more accurate decisions, which are driven by long-term thinking and experience, rather than emotions.
Any business would go through multiple obstacles and hindrances every passing day. It can be easy to lose sight of the bigger picture in the middle of all this. A good leader must have the capacity to steer a business in the right direction, even in the mid of chaos.