Business Express is an online portal that covers the latest developments in the world of business and finance. From startups and entrepreneurship to mergers and acquisitions, Business Express provides reporting on the stories that matter most to business leaders and decision-makers.The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.
ac - Business Express

Being realistic is deemed the top trait of a successful business leader, according to new research from ECI Partners

London, 30th November 2021: A quarter of CEOs (25%) think being realistic is the most important characteristic of a successful business leader, according to ECI Partners’ new Growth Characteristics report, released today.

The research found that being realistic is even more essential for leaders of larger companies, with 35% of CEOs in businesses with 500 or more employees citing it as the most essential trait when it comes to being a successful business leader.

Realism was closely followed by being logical (24%) and loyal (19%) as the most important traits of a successful CEO.

ECI, the growth-focused private equity firm, surveyed over 500 fast-growth SME business leaders as part of its Growth Characteristics report in order to define what makes a successful CEO as well as to understand current challenges and growth opportunities.

Interestingly, less than one in ten (8%) stated that being enthusiastic or inspirational was a key characteristic for being a business leader, and only 15% of business leaders cited the importance of being vision-led.

Leaders may recognise that, more than just being figureheads, their focus needs to be on delivering demonstrable results, a viewpoint which may have been exacerbated by the pandemic, with businesses needing to be realistic about what could be achieved in trying circumstances.

Don't miss out on any breaking news or insightful opinions!
Subscribe to our free newsletter and stay updated on the go!

By submitting this form, you are consenting to receive marketing emails from: Global Banking & Finance Review. You can revoke your consent to receive emails at any time by using the SafeUnsubscribe® link, found at the bottom of every email.

Tom Wrenn, Managing Partner at ECI Partners said:

“Businesses have contended with a wide range of new challenges in the last two years and strong leadership has been crucial to help businesses both survive and thrive. The personalities, behaviours and attributes of business leaders will have played a major part in how businesses and teams have responded to these challenges and how they’re positioning themselves for the future.”

Joanna Swash, Group CEO at the ECI-backed leading outsourced communications company, Moneypenny added:

“I’m not surprised that the three most important characteristics are to be ‘realistic, logical and loyal’ and for me, I’d summarise these under the ‘authentic leader’ banner, which I am passionate about.

“In a fast-paced, high growth business environment, your people need to really believe in you, knowing that your decisions and actions have extremely firm foundations and that you always speak the truth and are not afraid to share both the good and bad news. If this authenticity runs throughout the company culture, then your people will in turn emulate this behaviour, helping them to be the best they can be.”


Recent Post: