Key Leadership Skills Term Paper

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Management Overview

Three Most Important Managerial Competencies

The three most important managerial competencies are transformational leadership, the ability to create and sustain communication, and the ability to translate a compelling vision into pragmatic, practical steps to fulfillment. Of these, transformational leadership is by far the most important, as it encompasses individualized consideration, the ability to provide intellectual stimulation for subordinates, inspirational motivation and the ability to manage influence across the organization. Transformational leaders have the ability to combine these attributes and create unified, tightly integrated work groups and departments who are capable of accomplishing more than any single contributor or worker could. Great managers are able to take into account the needs of a specific situation or condition and selectively apply the best possible transformational leadership styles with emotional intelligence (EI).

Creating and sustaining communication is the accelerator that makes trust happen faster throughout any organization.
Leaders need to take time and invest in their subordinates including creating and sustaining open, candid relationships with each of them. Communication is also the catalyst that drives much better leadership results and performance in remote, distributed teams. Many managers need to realize that the time spent improving their relationships with their teams is essential for their leadership to be effective.

The third competency is the ability to transform a compelling vision into pragmatic, practical steps to fulfillment. This takes a focus on how to factor in the strengths and weaknesses of each member of the team and plan work accordingly. The vision a leader has is critical to the long-term direction of any company, and their ability….....

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