Good leaders are masters of competing competencies

Russell Reynolds Associates, a leading executive search company, and Hogan Assessments, experts in psychometrics, have conducted an analysis of psychometric data of more than five million leaders. The aim of the analysis is to scientifically identify the characteristics of managers with a high potential to be promoted to the highest management and most likely to succeed in these roles.

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The results of the analysis were published at this year's World Economic Forum in Davos, Switzerland. It turned out that successful leaders are "masters of competing competencies" mainly in the following four areas.

1. Disruption and pragmatism

Companies need leaders who come up with disruptive innovations while remaining pragmatic about the priorities and pace of change in the organization.

2. Risk-taking and restraint

Successful leaders take advantage of opportunities and calculated risks, but they must be vigilant enough not to damage their organization.

3. Heroism and vulnerability

Heroic leaders must be careful not to confuse tenacity and passion with illusions. In order to constantly improve both themselves and their organizations, they need a lot of information and advice from others.

4. Motivation and higher goals

Good leaders motivate their people by providing energy and inspiration. At the same time, however, they need to know when to withdraw in order to support the success of others and connect the organization with its higher values ​​and mission.

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Article source World Economic Forum - organizer of the Davos meeting of political and business leaders
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