We come across this question very often as a leader and also hear it all the time that what is the most important key aspects behind a renowned or esteemed business leader’s success? In the search of the same answer, we can get many answers such as technological innovation or refined marketing strategies, or a robust long term financial plan, or ultimately an inspiring leadership. All of which are important and very crucial when it comes to leading a firm or an organization.

But if we study closely, we will find that an esteemed business leader’s success is directly reflected from his or her ability to focus on the business fundamentals. Where they ought to focus on some of the basics or fundamentals of running a business such as accountability, discipline, critical analysis, managing his or her core value, and inspiring and empowering employees.

Apart from these factors, there are also some additional basic functions of management which as a leader they have to master such as Planning, Organizing, Staffing, Directing, Controlling, Motivating, and communicating. But on top of all these functions is there is a golden thread tying them together and is a very important element behind any successful or a great leadership that is crystal clear communication.

We can’t help but notice it in every successful business that how the leader’s there, motivate and inspire their people and bring about discipline and promote accountability and drive their team members or staff towards a greater vision. Clear and Effective Communication which helps in helping everyone as aptly said by Jim Rohn an Entrepreneur, author, motivational speaker. Emanuel James Rohn who is professionally known as Jim Rohn, an American entrepreneur, author, and motivational speaker.

“A good objective of leadership is to help those who are doing poorly to do well and to help those who are doing well to do even better.”

Relationship Building:

Over time the leaders have succeeded not as professionals but also as individuals by putting into using their effective communication skills to build positive relationships with their peers, clients, associates, and subordinates. It can go a long way in ensuring and establishing a rapport and making people around us feel important. Which in return results in people responding well to our directions and instructions producing the required output without any confusion.

Communicate Vision and Goals:

Having a clear goal, a vision, and a well-defined plan are essential to the success of any business. But most importantly it is the ability to share it and communicate it clearly with the team members or the other supporting structure and ultimately with the clients to bring to light what we are as a business leader trying to achieve and also help others to be focused on it helping each other towards attaining something bigger and larger than all of us.

For example, we can take Greg Boland West Face Capital Inc.’s Founding Principal, CEO, and Co-Chief Investment Officer. Toronto executive Greg Boland who has paved his path to success by doing something other investment managers were not – realizing he could identify and unlock the potential in under-exploited markets through due diligence and proprietary analytics. And communicating the same down the chain.

Gain Feedback:

We have always heard people saying that Communication isn’t a one-way street and successful leaders know that very well. As effective leaders, not only they are good at communicating their ideas but also they are great listeners. A common trait which we can observe in all successful leaders is that they show a genuine interest in the ideas and opinions of their pupil. This helps them get constant, honest, and willful feedback not only from their clients but also from their employees as well. Which helps them grow as a leader.

Conclusion:

The Bottom-line here is that clear and effective communication is the most important key to be a successful business leader. So to grow as a leader and the company to great heights. We must learn and refine our communication skills and strive to be a compelling communicator.