What Business Skills Are The Most Valuable?
It takes a combination of talent to become an effective leader, including both excellent business and soft skills. Effective business leadership also requires an unending curiosity about how things can improve and commitment to learning throughout a career.
Those are the broad strokes, but they are important. Many leaders focus on finance, accounting and other long-standing components of business. These are all important, of course, but these other areas are just as critical for success.
Many who seek a graduate degree in leadership have made the commitment to continuous learning. Others also take on challenges at work that can improve their skills. Both can help prepare them for bigger roles within their organization.
The Most Important Business Skills
No one source agrees on the most important skills, but almost everyone thinks the following play a big part in successful leadership.
There are more ways than ever to communicate, but in many cases employees and even managers still aren’t on the same page with leadership’s business strategy. Communication covers many issues, including public speaking, written communication and good listening skills. All help foster a transparency that earns employees’ trust.
Embracing learning also means a leader embraces change and is more adaptable. Just the past few years provides examples of companies that did not adapt and are no longer around. Lifelong learning through graduate degree programs can help leaders hone their skills and adapt to a technology-driven business culture.
Soft skills are something no machine can replace. In addition to strong communication and listening skills, leaders need expertise in decision-making, time management, strategic thinking, ethics and reasoned judgment.
Close the Skills Gap.
As pointed out in Forbes, many people focus on the gap between the skills graduates have and the skills employers want. But for those already on the job, that gap can prove even bigger. It takes a commitment to learning and continuous improvement to keep up-to-date in your career.
Whether you are researching and learning about the next hottest skill or simply finding out more about the industry you work in, an open mind and curious mindset will improve your leadership abilities.
Developing a strong strategy, communicating it well and getting buy-in from others are important, but so is practicing strong ethics and having integrity. Over time, this builds the trust and loyalty from employees that will truly open the door to sustained success.
Leadership is a tough job. Many people want it, but once they get it, they become overwhelmed. That’s often because they are not prepared. Making a commitment to learning and improving the above skills can keep your career on the right track.