skills for leaders

Filed in archive Entrepreneurship on October 6, 2004

Knowledge@Wharton has a noteworthy story about leadership - nothing you won't have heard before but nice to get some ideas:

"Lasting Leadership also identifies eight attributes of leadership, each of which has its own chapter in the book, that are evident to varying degrees in these individuals.

1. They are able to build a strong corporate culture.

2. They are truth-tellers.

3. They are able to find and cater to under-served markets.

4. They can "see the invisible" - that is, spot potential winners or faint trends before their rivals or customers.

5. They are adept at using price to build competitive advantage.

6. They excel at managing and building their organization's brand (which in some cases may be their own name).

7. They are fast learners.

8. They are skilled at managing risk.

The article goes on and tells us two well-known success stories - Amazon and Southwest Airline. Go get the full idea there....