DDI recently conducted some in-depth research, analysing over 1000 senior executives. They identified a small set of skills that great leaders possess, if they are to drive revenue growth and profit. We call these “the money skills”. The specific business and leadership competencies that drive profit are:
Entrepreneurship – crafting plans and capitalising on market opportunities
Business savvy - quickly and accurately sizing up the merits and risks in complex business scenarios
Driving execution - devising specific plans and organising people to achieve strategic objectives
Decision making - making effective day-to-day judgments about short-term issues
Leading change - identifying the need for organisational change, and effectively leading people through it
So what can we learn from this? When it comes to development within your organisation what should you be looking for and where should you begin?
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