Becoming a great leader, Part 2 of 5.
Becoming a great leader requires taking proactive steps to improve your own leadership capabilities. But there’s more to it than that.
Engaged leaders need to stay on top of the current trends influencing their individual company, their industry, their employees and attitudes toward the working world in general. To ensure that your company continues to achieve great results, focus on these five leadership trends in 2019:
Welcome female leadership.
A 2018 analysis found that only 24 of the companies listed in the Fortune 500 had a female CEO — troubling numbers in a time when the importance of female leadership is becoming increasingly obvious.
A report from the Peterson Institute for International Economics found a direct correlation between female leadership and profitability. According to the report, “A profitable firm at which 30 percent of leaders are women could expect to add more than 1 percentage point to its net margin compared with an otherwise similar firm with no female leaders.”
For business leaders, the next challenge comes in addressing this disparity. Companies that wish to grow need to find ways to diversify their leadership teams. By creating a more inclusive and welcoming culture, leaders can foster an environment where everyone can achieve success.
A version of this article originally appeared on Inc.com
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