What Makes A Great Leader In Business?

Being flexible and adaptable has never been so important. But what also comes with the unexpected is the potential for opportunity. To navigate through such uncertainty is admirable – but leading a team to do the same when it comes to resetting strategies and taking (calculated) risks is a powerful tool. 

EGADE Business School at Tecnológico de Monterrey in Mexico, has recently published its decalogue for the economic and business development in Mexico. In it, it emphasizes its commitment to the Mexican entrepreneurial ecosystem and its dedication to finding proactive solutions in the face of the coronavirus pandemic.

One key theme, in particular, focuses on forging collaborative, transparent leadership. It recognizes the agenda for leaders who have the ability to ‘think strategically and communicate effectively’.

Business schools around the world, such as EGADE Business School offer a range of postgraduate degree programs which give students the opportunity to enhance their leadership skills and knowledge. EGADE’s Full-Time MBA highlights the importance of developing strong leadership skills both in the classroom and through experiential learning experiences – something which the Decalogue has identified essential when it comes to business growth during these uncertain times. 

The curriculum is dedicated to four focus areas, in order to train students as to how they can best navigate the business’s future. Business simulators and case projects enable students to develop not only their leadership skills, but their communication, project management, critical and creative thinking skills, through solving genuine business problems for established organizations.

There’s no denying the coronavirus pandemic has perhaps been the ultimate test of leadership in business. In fact, a recent Harvard Business Review article considered how ‘real leaders evolve in the face of a crisis.’ 

So whether you’re leading a project or are in a management position, keep in mind that nobody likes a leader who doesn’t lead by example.

In fact, a 2018 report by the Chartered Management Institute found that 70 percent of employers believe all students should study modules specializing in management, entrepreneurship and/or leadership.

So when it comes to fostering problem-solving and creative-thinking skills at EGADE Business School, Full-Time MBA in Innovation & Entrepreneurship students can utilize the Innovation Lab, and solve real problems for reputable organizations, while the Advancing Women in Leadership Scholarship is awarded to exceptional female leaders, who want to enhance their leadership and professional development.

It’s important to remember that there’s no one size fits all leadership style. How you lead your team depends on a number of factors and being a great leader isn’t necessarily about titles or even accolades. While some individuals may possess more typical personality traits that makes them more natural leaders, when it comes to great leadership, there’s no real set formula.