8 Core Technical Skills Essential for Successful Business Leaders

First, accurately position the business.

The ability to position and reposition a business is especially important when the external environment changes. Improving the efficiency of information transfer is the climate of our time. All people are affected by changes in the efficiency of information transmission.Forbes 30 Under 30 In the early days of the Internet, the transmission efficiency of public and private information increased, portals, instant messaging and social networks sprang up, mobile Internet multiplied the number of people accessing the Internet and improved the efficiency of information transmission, and in the smart era, the efficiency of information transmission has been further improved through information dissemination, which allows people to obtain more information of interest per unit of time.

These changes, though only a few decades old, have transformed many businesses. Some enterprises have grown from nothing to something, and even become Fortune 500 companies.Fortune 40 under 40 list There are also some enterprises that failed because they could not adapt to the changes in the external environment. Internally, the products and services offered are also changing dramatically. Some businesses started out as dating services for young people, but as they have grown and become the infrastructure for people's lives and work, their businesses have expanded and changed dramatically.

In this process of rapid change, businesses need to make frequent localization adjustments. In times of change, continuous localization has become a way of competing from business to business. Companies must find the core business niche that will satisfy customer needs and realize profits. This is the basis for business survival, and it is also the business thinking and ability that leaders must have.

Second, foresee the future and lead change.

Leaders must have an insight into the changing trends of the complex world, so that business management is at the head of the tide of social change. Therefore, leaders must be active and proactive in classifying the world economy around them and predicting the trend of change.

The deeper a leader's understanding of the external world, the faster he or she can find radical solutions to internal problems. Many leaders have come to realize that development is the key to solving problems. The key to solving a business's problems is not to make up for mistakes, but to reposition the business in the face of changes in the external environment so that past problems become insignificant in the context of development, or successes make up for failures.

Third, management teamwork.

The right people can make better and faster decisions and achieve better business results by uniting and cooperating with the right behaviors. The same is true for management teamwork; it cannot be forced, but it must be strategic.

Fourth, develop leadership skills.

To develop leadership skills, it's usually a good idea to leave a position open and then see who fits the role.

Fifth, build a core team.

Team members naturally focus on their own functional expertise and personal ambitions. But these differences usually lead them to work in different directions, which can be accentuated when conflicts arise between different business units. Leaders must allow subordinates to align their egos, personal ambitions, and individual agendas with the goals of the organization and urge everyone to work toward a common goal.

Sixth, set the right goals.

When setting a goal, leaders need to make full consideration of the balance between what the company should achieve and what it can achieve, which is the art of management culture of living within one's means. The key issue in setting the right learning goals is not because of what we want to achieve, but for what kind of action we want to take to achieve the goal.

Seventh, focus on priorities.

Leaders must focus on their priorities, which requires them to develop a roadmap for achieving their goals and to coordinate the resources, actions, and energies needed to achieve them.

Eighth, build social coalitions.

Leaders need to anticipate and respond to external environmental pressures that are beyond our own control but that can affect the economic development of our businesses. For example, pressures from suppliers, customers, and government work organizations, among others. Avoiding a business getting into trouble is done by building a socialist coalition.

In short, in an era of change, successful leaders must have eight core competencies to face the challenges. Managers must not only develop their own skills in this area, but also lead management teams to help them learn to cope with changes in leadership in the external environment.