Top 10 Traits of an Effective Leader

Posted on 1.April.2015 by Mike Winters | @amcomcap

Businesswoman leader in modern office

Image: javi_indy / Envato Elements

In 1954 the renowned psychologist Raymond Cattell developed the Leadership Potential Equation, which is still used today to screen job candidates and determine best placement within an organization or business. Cattell’s Leadership Potential Equation includes 10 traits that characterize an effective leader. How many of these 10 traits do you have?

1. Charisma. Leaders with a high level of personal charisma are capable of inspiring strong emotions in people, which they can use to motivate towards a common goal.

2. Compulsiveness. Good leaders are usually socially precise and perfectionistic, which means they’re very aware of their integrity and reputation and therefore very careful when acting upon something and making decisions.

3. Conscientiousness. Leaders are generally thorough and vigilant in their desire to do well, which usually means they’re efficient and organized, with the self-discipline to get things done with thoughtfulness and care. They have high standards and try their best to live up to them.

4. Dominance. Effective leaders are usually dominant, assertive, and competitive. They enjoy overcoming obstacles and are good at making and enforcing decisions.

5. Emotional Stability. Most successful leaders are emotionally stable. They are well-grounded with a decent level of self-esteem and they create an environment where people feel safe to bring their own ideas to the table. In other words, they don’t behave erratically or fly off the handle (most of the time, at least).

6. Empathy. Leaders must have the ability to put themselves in another’s shoes and understand where that person is coming from. Empathy is the key to building trust.

7. Enthusiasm. Good leaders tend to be expressive, energetic, and enthusiastic. Their enthusiasm is usually backed by optimism and openness to new ideas.

8. Intuitiveness. Everyone has blind spots—even the most well-informed leaders. That’s why it’s important for leaders to use their intuition and trust their gut when making decisions.

9. Self-Assurance. Most leaders believe strongly in what they’re doing and have little need for external approval. They are self-confident and bounce back quickly from mistakes or failures.

10. Social Boldness. Leaders are usually socially confident, extraverted, even fearless, and they enjoy challenges and risks. They’re right at home as the center of attention. Leaders who are socially bold tend to develop more relationships, which can become important resources.

And that’s it. Those are the top 10 traits of an effective leader. That’s not to say that there aren’t great leaders who fall short on one or more of these traits—there are always exceptions. But the more of these traits you exhibit, the more likely you are to be a strong leader. And if you’re lacking in any of them, there’s always work to be done to improve in those areas.

image description

Roy Brooks and American Commercial Capital, LLC, has provided invoice-factoring services to Houston-area small businesses since 2003. We work with businesses in San Antonio, Dallas, Austin, Fort Worth, Beaumont, Port Arthur, Corpus Christi, and other nearby Texas cities.

If you want to learn more about how cashflow-sensitive invoice factoring can help your business, give us a call at 713-227-3863, contact us here, or fill out our form for a free, no-obligation quote.

READ MORE FROM AMERICAN COMMERCIAL CAPITAL

What Is Invoice Factoring? (And How Factoring Can Help Your Business Grow)

What Is Invoice Factoring? (And How Factoring Can Help Your Business Grow)

Image: Rawpixel / Envato Elements

Invoice factoring is a type of business financing unfamiliar to many small business owners. It provides a business with working capital and solves cash-flow problems, but it’s not like a bank loan or credit. So let’s break down invoice factoring and explain exactly what it is and how it can benefit your business.

So, what the heck is invoice factoring?

Invoice factoring is when…

Mike Winters 31.07.2021

Business Video Roundup: Successful Habits, Leadership & How Trash Makes Money

Business Video Roundup: Successful Habits, Leadership & How Trash Makes Money

Image: winnievinzence / Envato Elements

In this week’s business video roundup, Gary Vaynerchuk asks the leaders behind major companies like Logitech and McDonald’s how they stay close to culture, Brian Tracy reveals how to get started developing successful habits that will help you achieve your goals, and Marie Forleo talks entrepreneurship with Floret Farm’s Erin Benzakein, who has successfully guided her business from garage startup to global distribution. Plus,…

Mike Winters 23.07.2021

Business Video Roundup: Staying Motivated, Being a Great Leader & More

Business Video Roundup: Staying Motivated, Being a Great Leader & More

Image: ckstockphoto / Envato Elements

In this week’s roundup of great videos for entrepreneurs and business owners, Gary Vaynerchuk talks about why hyper-focus can lead to missed opportunities, Marie Forleo reveals how to stay motivated when you’re being pulled in multiple directions at once, and Brendon Burchard explains five practices that every great leader must implement. Plus, five leadership lessons from Apple CEO Tim Cook and CNBC’s incisive look…

Mike Winters 16.07.2021
Back
AMERICAN COMMERCIAL CAPITAL HOME

HOW MUCH COULD FACTORING INCREASE PROFITS FOR YOUR BUSINESS?

CALL 713-227-3863