While the top skills for effective leadership remain the same as last year’s, “adaptability to change” ranked higher, underscoring the importance of being able to navigate today’s ever-changing business environment.
Skill* |
2014 |
2013 |
|
|---|---|---|---|
| 1 | Adaptability to change | 60% | 54% |
| 2 | Strategic thinking | 55 | 57 |
| 3 | Integrity | 48 | 51 |
| 4 | Very good communicator | 40 | 50 |
| 5 | Being trustworthy and open | 38 | 43 |
| 6 | Vision | 35 | 32 |
| 7 | Develops and fosters diverse teams | 33 | 20 |
| 8 | Delegation | 28 | 41 |
| 9 | A positive mind-set | 26 | 31 |
| 10 | High self-awareness | 26 | 20 |
The most effective leadership skills of a good leader depend on you you ask.
Adaptability to change is an important skill for Andrew Chastain, president & CEO of Witt/Kieffer. According to Chastain, CEOs must expect the disruptions. “From a talent standpoint, surround yourselves with executives and staff who handle chaos and roll with it. Make flexibility and adaptability essential competencies to recruit for,” he said to Chief Executive.
Another CEO who says adaptability is important is John Merakovsky, CEO of IR, a global provider of experience management solutions for unified communications. He said to Chief Executive, “There are several core traits that I require in my leaders; intelligence and a willingness to learn and adapt.”
He also cited the importance of honesty and integrity and the “willingness to engage in good faith conversations in situations of conflict” as well as self-awareness and the emotional maturity to listen and accept feedback and grow.
Trustworthiness is an effective leadership skill for many CEOs. Business consultant and author John Kador says: “When well-led by a trusted leader, organizations and work groups just perform better. Teams simply cannot function without trusted leadership.” When Steve Greenbaum, new CEO of in-home care provider ComForCare, is looking for leadership traits in people as they move up the ranks, values is one that stands out.
“I look at an individual and I ask myself, “will they be open and honest, and inclusive, and transparent, and trustworthy?” he says.
In terms of the ability to foster diverse teams, Ross Kelly writes: “Just because we may think we employ individuals from a rich mix of backgrounds, doesn’t necessarily mean that we do.” He says that it doesn’t come from a place of maliciousness, but the brain “making shortcuts to avoid having to conduct tedious and time-consuming analysis.”
Ability to delegate is an important trait of a good leader, but many CEOs don’t give it enough attention. According to author Marilyn Ferguson, the other side of every fear is freedom. “The fact of the matter is, companies with CEOs who are afraid of delegating responsibility and holding those parties accountable to their work will never reach higher levels of success,” she said to Chief Executive.
Self awareness came in last on this last, but Tasha Eurich, a organizational psychologist and executive coach, wrote to Harvard Business Review that research backs up the premise that self-aware CEOs are more effective leaders, communicate more effectively, make sounder decisions, and are less likely to lie, cheat, and steal.
Eurich noted that while most people think they are self-aware, it’s a rare quality. She says though that leaders who “focus on building both internal and external self-awareness” along with the ability to seek honest feedback, will reap the rewards of this leadership trait.
Top 10 Skills Needed for Effective Leadership
Biggest Hurdles to Developing Leaders
Deloitte: Building a Future on Millennial Recruits
10 Best Private Companies
List of 40 Best Companies for Leaders
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1:00 - 5:00 pm
Over 70% of Executives Surveyed Agree: Many Strategic Planning Efforts Lack Systematic Approach Tips for Enhancing Your Strategic Planning Process
Executives expressed frustration with their current strategic planning process. Issues include:
Steve Rutan and Denise Harrison have put together an afternoon workshop that will provide the tools you need to address these concerns. They have worked with hundreds of executives to develop a systematic approach that will enable your team to make better decisions during strategic planning. Steve and Denise will walk you through exercises for prioritizing your lists and steps that will reset and reinvigorate your process. This will be a hands-on workshop that will enable you to think about your business as you use the tools that are being presented. If you are ready for a Strategic Planning tune-up, select this workshop in your registration form. The additional fee of $695 will be added to your total.
2:00 - 5:00 pm
Female leaders face the same issues all leaders do, but they often face additional challenges too. In this peer session, we will facilitate a discussion of best practices and how to overcome common barriers to help women leaders be more effective within and outside their organizations.
Limited space available.
10:30 - 5:00 pm
General’s Retreat at Hermitage Golf Course
Sponsored by UBS
General’s Retreat, built in 1986 with architect Gary Roger Baird, has been voted the “Best Golf Course in Nashville” and is a “must play” when visiting the Nashville, Tennessee area. With the beautiful setting along the Cumberland River, golfers of all capabilities will thoroughly enjoy the golf, scenery and hospitality.
The golf outing fee includes transportation to and from the hotel, greens/cart fees, use of practice facilities, and boxed lunch. The bus will leave the hotel at 10:30 am for a noon shotgun start and return to the hotel after the cocktail reception following the completion of the round.
