What key skills do successful business leaders need?
The most important skill is strong and accurate decision-making ability. You must be able to move forward and not be paralyzed by uncertainty. Even if your decision is wrong, you will know it quickly and can proceed with greater knowledge. The worst thing is to be too overly cautious about taking action. Also, I believe in listening to your instincts. Looking back at decisions I have regretted, I invariably would have been better off following my inner voice. Finally, I recommend that business partners have solid buy-sell agreements. This is something that is often neglected in the beginning stages of forming the business. Everything is going well, and there is good will between the parties. That is the time to get the buy-sell agreement nailed down. It is a lot easier to do when things are harmonious than on the back end when there may be philosophical differences. HOW TO REACH: Office Pavilion, (858-784-5200) or www.opsd.
