Ending Soon! Save 33% on All Access

Are You a Good Leader? (Infographic) Running a small business requires strong and strategic leadership. Here are the skills you need to succeed today.

By Kate Taylor

Opinions expressed by Entrepreneur contributors are their own.

Once, it may have been enough for a company to find something that works and keep doing it over and over again. Today, in a marketplace of continual innovation and change, a company needs strong and strategic leadership to truly thrive. But what does strong leadership mean?

Fifty-three percent of corporations placed growth as their number one priority in 2013. To achieve this growth, companies have turned to ethical leaders to pave the path of innovation. Eighty percent of top-quintile companies aim to adapt ethics to changing business needs, while only 36 percent of bottom-quintile companies do the same.

Related: 5 Morning Rituals to Keep You Productive All Day Long

Along with ethical leadership, companies are in pursuit of leaders who can use their power wisely, manage crises and cultivate a culture of change. The infographic below, compiled by NEC's Online Master of Science in Project Management, offers key data and statistics on leadership in an evolving marketplace.

Check it out.

Click to Enlarge+
Are You a Good Leader? (Infographic)

Related: Thinking of Quitting? Remember, the Sun Will Rise.

Kate Taylor

Reporter

Kate Taylor is a reporter at Business Insider. She was previously a reporter at Entrepreneur. Get in touch with tips and feedback on Twitter at @Kate_H_Taylor. 

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Business News

'Creators Left So Much Money on the Table': Kickstarter's CEO Reveals the Story Behind the Company's Biggest Changes in 15 Years

In an interview with Entrepreneur, Kickstarter CEO Everette Taylor explains the decision-making behind the changes, how he approaches leading Kickstarter, and his advice for future CEOs.

Career

Is Consumer Services a Good Career Path for 2024? Here's the Verdict

Consumer services is a broad field with a variety of benefits and drawbacks. Here's what you should consider before choosing it as a career path.

Business Ideas

87 Service Business Ideas to Start Today

Get started in this growing industry, with options that range from IT consulting to childcare.

Business Models

How to Become an AI-Centric Business (and Why It's Crucial for Long-Term Success)

Learn the essential steps to integrate AI at the core of your operations and stay competitive in an ever-evolving landscape.