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Business Leader Qualities

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Choose one well-known business leader (such as GE's Jack Welch, Chrysler's Lee Lacocca, IBM's Lou Gerstner, and so on) to research on the Internet. Identify three of their qualities, characteristics, or behaviors that appeal to you personally. Justify why these characteristics make them good leaders in terms of how they influence the effectiveness of the others in the company and of the company as a whole. Identify which of these three character traits is the most important to their success as a leader.

Choose another such quality that is commonly attributed to your chosen business leader and explain why you believe it is less important than the one you chose to be most important. (Please note that "of lesser importance" doesn't imply unimportance.)

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Solution Summary

In this solution we choose a famously successful business owner (Sam Walton) and highlight the characteristics that helped to make them good leaders.

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Well-known business leader: Sam Walton
Company: Former owner of Wal-Mart
Three qualities that appeal to me personally would be: listening skills, open mindedness, empowering. Listening skills are very important in a leader. Individuals in a CEO position typically do not get to meet each customer (or even each employee). They must rely on others to give them this critical information. By truly listening to their employees, like Sam Walton did, leaders are ...

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