¶ … business leader would be an individual who, well trained and equipped with the knowledge and skills required to run a team of persons, would take the organization that has employed them from where it stands to a state of profit. A good manager must be able to run the company effectively and efficiently with all the tools at his disposal, including the team of innovative people. He must be able to use his communication skills and his charisma to influence and encourage his team into giving their best performance, which would in turn bring in more ideas and therefore more profits for the company.
Business Leadership and Management Skills
The word 'manage' in English means the basic idea of being able to control events and things as they are meant to be controlled or manipulated, even if the system itself has not been designed and decided upon by the 'manager' of the situation. In a similar manner, the manager does not decide the various values and objectives and aims of the situation; rather, they are all a part of the system to run the event or the situation perfectly and efficiently. Therefore, it can be stated that when a manager has to manage an event, he will have to solve or sort out the multitude of problems that may arise en route, and this may help him to manage better.
In general, the so-called 'destination values' of profit and growth are embedded in the company and its mission statement, and the manager has to be well aware of this fact before he proceeds to manage the company. Management is therefore the most important event in a company, without which the company would not be able to function at its best. Strategy is an important part of the management of a company, and this is something that would be able to provide the much-needed edge over other companies that this company needs. Closely linked to strategy is 'innovation' wherein the more innovative ideas the manager has, the quicker he would be able to climb up the ladder of success. (The Art of Management, How can you learn to manage and acquire the skills that the art of management requires?)
Discussion
The real problem faced by a company is that there is actually no sort of technical standards with which to judge and to compare a manager, even though it is indeed a fact that the term 'scientific management' describes the qualities of a good and able manager. However, the truth is that a good manager knows very well that 'management is not measurement', and that most operations, whether they are for the purpose of generating profit or they are for some other reason, would need an efficient and capable manager to innovate, and wherever possible, come up with brilliant new ideas or use novel ideas to create new and innovative activities. A manager would also need excellent administrative skills that can start an operation and run it smoothly and effortlessly and efficiently, without nay hitches on the way, and also be able to ensure that others within the company perform their allocated duties to their optimum best. This, more than anything else, would ensure the success of the organization. (Business Management Skills- The Art of Management: The triple talents of the manager, the entrepreneur and the innovator)
A successful Business Leader generally possesses a number of easily identifiable qualities that most employers are well aware of, and these are the qualities that would stand a manager in good stead when in need of a new post. However, it is extremely difficult to try to rank these qualities, and this is because of the reason that they all work together, and one cannot function without the other. Another reason for the difficulty in ranking these qualities is that the industry is constantly changing and rapidly developing, and as a consequence, it becomes impossible to know which one quality is better than the others. One of the best qualities that a business leader would possess is the existence of a good supply management capability in the individual, which would enable him to work effectively with those people who are outside the company, and when he has to work with them, for example, with the service vendors or with the product vendors, he would have to ensure that the company's best interests are never compromised. (Top Ten Leadership Qualities of Successful CIO's)
Another good quality of an effective business...
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