Business

Lead a Team: 5 Skills you’ll need to make it happen

“A man who wants to lead the orchestra must turn his back on the crowd”, said Max Lucado, an American author and pastor at Oak Hills Church in San Antonio, Texas.

Well, to manage and lead your team effectively, you will need to develop some key characteristics and skills. If a leader is not able to lead their team effectively then they cannot accept their team to perform well. 

Here are 5 skills you’ll need to develop to lead a team:

Clear, Effective Communication:

As a leader, this is your job to make sure that your team is able to complete in the manner you want. For that, you will need to provide them clear and transparent information about the work requirements, so that they can understand what their work is how to do that work. When the employees can able to understand their work easily then they will provide effective and efficient work at the workplace. Try to connect with your people with emails, messages, meetings, or face to face, so that you can understand what issues or problems they are facing. 

Emotional Intelligence:

Well, a good leader is very well aware that emotions can make the work harder to complete, so they have the ability to manage their emotions. There are some qualities that a leader must obtain like a sense of self-awareness, empathy, and they are able to encourage and influence their people with qualities they have. When a leader shows hard and effective work at the workplace, this will encourage their employees to follow their path and work hard to achieve a similar goal. 

Organization:

The most valued thing for maintaining an effective work environment is to be organized. As a leader, you will have a lot of workload on your shoulder along with the daily task your team members perform. If you have not organized your work schedule then it can cause a mess at your workplace and will definitely affect the business growth. So, make a note about all the important tasks that are needed to be finished urgently and leave the other task for the next day. 

Ability to delegate:

Well, there is no employee in the world who will not love to take better responsibilities. So, instead of micromanaging every task, it’s better to delegate some of that task to your employees and they will be more than happy to take new responsibilities. Good leader knows their employee’s strengths and weaknesses, and leaders can delegate some tasks according to their employee’s strengths. When you offer your employees to work independently, you will see much better work results. 

Decision-Making:

Decision-making is one of the most unique qualities that most successful leaders have. Well, allocating resources, delegating duties, and prioritizing tasks are some of the decisions that fall to the leader. To become a quick and effective decision-maker, a leader needs to have knowledge about the latest business trends, market workflow, and latest technologies. Also, their confidence helps them in accurate decision-making. 

One of the best examples to help you understand team management is Moez Kassam, a hedge fund manager, venture capitalist, and entrepreneur. As co-founder and Chief Investment Officer of Anson Funds, Moez Kassam presides over $1.5 billion in assets with exceptional results, regularly earning him a spot among the globe’s top performers by both Bloomberg and Barron’s magazines. Based on annualized returns from 2018 to 2020, Anson Funds Toronto ranked among the Top 10 Hedge Funds by Barclay Managed Funds.

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