The essence of leadership in business

THE ESSENCE OF LEADERSHIP IN BUSINESS THE PERSONAL ATTRIBUTES OF LEADERS Top three Passion Strategic vision External stakeholders exerting the greatest influence on business leaders: Consumers Mentorships are a reciprocal relationship, as business leaders can share their experience as well as get a fresh perspective from junior colleagues Kathryn Parsons, co-founder, Decoded Over in 10 attributes for business leaders Regulators Institutional investors THE IMPACT OF LEADERSHIP ON PERFORMANCE Interpersonal skills respondents think personality plays a crucial role for business leaders Over half say technology has shaped business leaders’ profile in the past years SOURCES OF INFLUENCE 69% say being hands-on is as crucial for leaders as leading from above Everybody knows who’s the boss You don’t need to be isolated or in a corner – all that does is remove you from your own business Doug Richard, founder, School for Startups Over in 10 executives think companies’ performance is linked to managerial excellence Only 27% rate their firm’s chief executive as exceptionally good If leaders want their company to thrive, then their firm must serve a social purpose the customer believes in Firms have to stand for something more than profitability alone Pippa Malmgren, founder, DRPM Group SPO N SO R E D B Y: Unless otherwise stated, this infographic depicts the results of a survey of 601 business executives conducted by The Economist Intelligence Unit in October 2014