1. Stoicism:

There is no way that a business will not face any amount of difficulties and challenges in the future. Stoicism refers to the determination and evaluation of a challenge beforehand and to take certain measures to avoid it.

  1. Decisive Nature:

Many a times, a leader will find himself in a situation that he was not expecting to be in and at that moment he need to make a quick decision on how to handle it. A leader needs to have a decisive nature.

  1. Positivity:

It can be seen that in the big organizations of the world, the leaders have a positive vibe about them. They do not have any personal rivalry against any of their employees and if they criticize then its positive criticism and it is to make improvements in the future.

  1. Communication:

A clear communication with the employees is very important. Employees should have a clear vision about the targets and goals of the company and of different occasions they should know the strategies clearly. Only then they can give their 100%.

  1. Accountability:

A good leader instead of blaming others in times of crisis takes the blame himself. (Carreon, 2017)

Innovative Leadership style:

An innovative leadership style is so crucial in today’s world that it has replaced itself with every other leadership style that the world had known before, owing to the increased dynamics.

Innovative leaders are the people who think creatively. They generate ideas, form vision and then ultimately turn these ideas into reality. They also have the ability to motivate and inspire other people into these ideas and to help turn these ideas into reality.

It’s not necessary that it is the innovative leaders that generate ideas all the time. Sometimes even when a subordinate comes up with the idea, they welcome these ideas and help work on them to turn those into reality. It can be argued that the innovation itself is not as important as the quality of turning an idea into reality. This is the key trait of an innovative leader.

Some of the traits of innovative leaders are:

1.      Communication

Innovative leader promotes a culture of openness and innovation where they encourage critical thinking within employees as well as the channels where they can share those ideas without having the fear of “losing credit” for their ideas. An innovative leader must foster trust between the company and his employees.

2.      Courage

The innovative leader must possess the courage to get rid of any project that is not worthy anymore, shorting his losses as soon as possible. This is very difficult for some leaders as a lot of money is invested, forming a sentimental attachment with the project which is hard to overcome, this impairs the ability of a leader to see clearly through the situation.An innovative leader must be objective in such a situation and not be swayed away by his feeling.

3.      Skills

It is common that innovative leaders are normally the people who possess the skills, education and abilities which are relevant to the organization that they are working with or the organization they have formed.They have the passion for the work they carry out.(Baumgartner, 2017)……..

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