No organization can truly progress and proceed towards success without a good leadership. According to Stephen Varanko III, an effective leadership is among the key drivers for growth, development and innovation. Stephen himself has been involved in organizational leadership since high school, and has a good understanding of the importance of having a good leader in any team. He mentions that in the corporate landscape, leadership largely involves executing the vision of a company, setting the tone and culture of the firm, as well as motivating people to work together and cooperate among themselves.
Leadership can be defined as the ability of a person to lead, guide or influence other people present in their group, team or organization. According to Stephen Varanko III, leadership largely tends to entail having a clear vision, gaining the ability to communicate the vision to team members, as well as having the capacity to create strategies that help in turning the vision into reality. They also need to balance the conflict of interest of all subordinates and stakeholder. While these elements largely relates to the corporate world, leadership tends to encompass all spheres of life, including family, politics, management and so on.
To be a good leader one needs to have certain skills. While some of these skills can be inherent in certain individuals, they can also be learned and honed through mentoring and coaching. Here are few important characteristics of a good leader as per Stephen Varanko III:
- Integrity: All leaders must possess integrity to inspire trust among their subordinates and gain their respect. To a great extent, integrity is the very foundation of a good leadership. It is important for a leader to stand for their beliefs, no matter how hard a situation gets. They must inspire people with their principles, without compromising. Good leaders additionally must refrain from making false promises or take shortcuts, and deliver their promises as ethically as possible.
- Innovative: Being an innovative leader does not imply to being a creative genius. It in fact refers to a person who gives others the freedom to develop their ideas. Innovative leaders tend to be always open to new ideas and discussions. They ideally listen to all their team members carefully, and motivate others to think out of the box.
- Honesty: Like many other aspects of life, honesty is the best policy when it comes to leadership as well. Honesty is vital for people to garner trust and command respect from their subordinates. People only look up to the individuals who are loyal to their words and hold accountability of their actions.
- Confidence: Good leaders must have trust in their competencies and leadership skills, without being arrogant. They should have a good sense of sense of self-assurance and self-esteem as well.
No matter the team, group or even department a person is supposed to lead; the qualities underlined above can surely help them.