Every business does well when surrounded by people with strong leadership. We often hear this; is that the truth? According to a study by Gallup, companies with great leaders outperform their peers by 25% in profitability.
Not surprisingly, strong leadership makes others trust the leader, drives innovation, and aligns teams toward common goals.
But leadership isn’t just about vision or authority; it’s also about subtle, underrated skills that can transform a business from good to exceptional.
Here are three examples of underrated leadership skills that are often overlooked yet incredibly impactful:
1. Emotional Intelligence (EQ) Builds Resilient Teams
Emotionally intelligent leaders can empathize with their teams, handle stress, and resolve conflicts amicably.
In today’s business environments, EQ makes employees feel well taken care of, directly affecting their productivity and retention.
TalentSmart research indicates that 90 percent of top performers have high EQ.
By acknowledging and addressing emotional undercurrents, the leaders will be able to turn what looks like a challenge into opportunities for growth and collaboration.
2. Adaptability Drives Innovation and Growth
The business world keeps changing. Only leaders who accept change succeed during uncertainty.
A Harvard Business Review study noted that companies led by adaptive leaders showed a 30% productivity rate compared to those who led with a conventional approach.
Adaptability is embracing change, experimenting with new ideas, and being open to feedback. Such leaders may lead their teams toward innovative solutions and a competitive advantage.
3. Storytelling Inspires Action and Connection
One of the most underestimated and timelessly powerful leadership competencies is storytelling. When leaders share real stories of conquering difficulties or achieving success, it inspires and builds a shared sense of purpose.
For example, Patagonia’s CEO speaks about his company’s sustainability mission often, which motivates employees and helps the brand build loyal customers.
Communication based on authenticity instills a sense of trust in employees and makes them feel connected with the vision of the business.
Why Leadership Skills Matter in Business?
Leadership skills exceed mere task management or strategy setting but have to do with the creation of environments where people thrive.
Emotional intelligence, adaptability, and storytelling are some of the oft-neglected skills which, in themselves, hold immense potential to elevate businesses on very different levels.
This ability, when honed and utilized, will definitely assure that the performance of their teams is taken to the next level and their success is meaningful and long-term.
Strong leadership is not optional; it’s the difference between surviving and excelling in today’s competitive market.
