The presence of a great leader can be the difference between a team that succeeds and one that fails. Studies have shown that companies with strong leaders have nearly double the revenue growth compared to companies with weak leaders. This is especially relevant in the modern information economy, where productivity often depends not on a rote set of mechanical skills, but on the complex interpersonal factors inherent in coordinating a team of people with wide-ranging disciplines.
While there’s no “secret formula” to becoming (or making) a great leader, there is a set of common traits that many great leaders share. Here are five of the most important traits of great leaders, and how you can put them into practice in the workplace.
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