What is Corporate Leadership?
Corporate leadership is comprised of the executives and managers who run a company. It occurs when a company foresees ultimate success from the strong leaders that run its daily operations. Leaders themselves are responsible for effectively managing the company's resources, working with advertising teams and inspiring others to do their best work. They also envision ways to improve the company from the perspective of overall involvement. Ultimately, the actions and decisions of executives are what is referred to as corporate leadership.
It takes both training and talent to be able to take on a role as a leader of a company, whether it's in a major international firm or a smaller company that deals only at the local level. It also takes certain character or personality traits to be able to thrive in such a high pressure, often cutthroat environment. Adapting to change is one of the most important traits when leading a company. One must be good at talking with people if not precisely charismatic, and public speaking skills are needed for some roles within a company's leadership.
Corporate leaders know that a customer may leave the company even if they're content if another company is out there offering a better deal, even on a slightly lesser service. It's the job of those in a position of leadership to scout the competition. They need to brainstorm and think of ways to make the company constantly better or consistently successful.
As businesses around the world change and adapt to an international market in a way that's never been done before, leaders of all backgrounds and cultures often come together for meetings and decisions. Those in corporate power are often expected to do a lot of travel and research. While one cannot be expected to pick up a language overnight, knowing other languages now can help a manager rise within a company, a skill that would have simply been a nice resume anecdote in the more localized corporate world of the past.
Corporate leadership has changed a lot over the years. Company leaders of the past thrived by running operations by the book as they were instructed by the owner. Now, the success of the company is often met by allowing those in charge to use a variety of personal talents and skills to help keep the company on the path to a planned vision. The old style gave the business owner what he asked for, but the new system gives the owner what he needs to have his company become or remain successful.
There are organizations around the world that exist to help companies excel the effectiveness of those in charge. This can ultimately benefit everyone involved in the company. A company that is run efficiently is often a more successful one. In fact, the Corporate Leadership Center was founded in the US as a business-academic forum to assist, encourage and instruct others in the art and science of corporate leadership. Its program Leading Women Executives gives recognition and support to women, aiming to help qualified women rise to top in positions of leadership.
I've found that it is helpful to adopt a leadership style that is normally somewhere between these two extremes. Different situations may also call for different styles. In a time when a lot needs to get done, it may be good to be a little more like a tyrant than a friend.
Depending on the person, the company, and the group, leadership styles will have a considerable variety. There is often a friendly leader, who is everybody's favorite boss, but can tend to get buddy buddy with the workers and let them get away with too much. On the other end is the tyrant, who pays no attention to the workers as people but tries to drive them hard.
Leadership skills include the ability to recognize and reward essential qualities in various positions. With this skill comes the ability to avoid and criticize a lack of these abilities. Oftentimes, workers will possess certain skill sets which make them predisposed for a given position, and finding the perfect niche for them is an important part of leadership.
Leadership development in the corporate world requires a good knowledge of people relations and business issues which will come up in the hierarchical system. It is important to relate to people who work for you and be liked, but it is even more important to make sure they get the job done. This often results in a conflict of interest in being a likable person to them and being a strong leader. Often, you just have to let their negative opinion about you go, and you can't please everybody.
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