When you think about a list of leadership skills to help you increase your power to create wealth it is important to ask yourself who you are as a person and how can you lead. Breaking down what leadership means can help you answer this question. The following list of leadership skills to help you increase your power to create wealth was compiled by Joe Grushkin, a fellow network marketer. The list contains two words from each letter of the word leader and one word for -ship (the last for letters of leadership). This list of leadership skills will create for you power to create wealth.

L
Learning: If you think you are a leader and you are not continually in the process of learning, then you are done as a leader. You must focus on continuous learning and expansion. Being a leader also means being a student as well.
Leverage: As a leader you have to understand the power of leverage. Leverage makes it easier for yourself and the team you are leading. You must understand leverage from both a financially and a time management standpoint.

E
Energy: You can not be low key as a leader. You must be exciting to be around as well as excited about what you are doing.
Enigmatic – As a leader, you must be enigmatic and always be thinking better and have an idea of power and energy. Your focus should be powerful. With this, people will naturally gravitate to you.

A
Attitude: As a leader you must have both a positive attitude all the time and have an attitude of belief in your goals.
Attract: A good leader is always attracting the right kind of people. You can attract the right kind of people through your energy.

D
Direction: You must be focused at all times on where you are going.
Duplication: As a leader you must know what you are presenting to others. Whatever you are doing as a leader, it must be easy and simple enough that your followers and team members can do it too.

E
Enthusiastic – To be a leader, you must be sold on yourself and sold on what you are doing first, before presenting it to your team members and followers. This is enthusiasm.
Encouragement – Focus on your team more then on yourself. People don’t care how much you know until they know how much you care.

R
Response ability – I made responsibility two words because as a leader you must have the ability to be respond. You will need to respond to your environment on a level of professionalism and integrity.
Recognition – Always recognize others. Recognize your team members and their results. Recognize who they are as individuals and what they are capable of. As a leader, people will put the “spotlight” on you, but it is your responsibility to reflect it back on your team and your followers.

S
Sincere – When a leader talks, takes action and interacts with others, you can hear the sincerity in his or her voice and see it in his or her business. People will automatically be attracted to your sincerity.

H
Honesty – When a leader says he or she will do something, you can count on them to follow through with their word. A leader not only “talks the talks” but also “walks the walks.” Leaders also hold themselves accountable for their actions.

I
Integrity – Integrity is one of the most important characteristics to build as a leader. You must always protect your integrity and never do anything that would sacrifice or put your integrity at risk. A famous saying regarding this integrity is, “it takes years to build a reputation, but one second for a reputation to be ruined.”

P
Professional – Leaders are professional in every aspect. This includes, for example, the way they talk, the way they dress, and how they conduct business.

By breaking down leadership and making a list of leadership skills, you can better understand what skills you possess and what skills you lack. By honing your leadership skills you will have the power to create wealth for yourself and your team.

Are you a real leader? Not if you’ve ever tried to put one of these over on someone.

1. It’s not my fault.

Oh yes it is. The leader steps up to accountability for whatever happens on his or her watch. Did the President personally screw up the response efforts to Hurricane Katrina? No, but it was his fault. That was his team that dropped the ball.

2. Hey, I didn’t hire so and so.

You thought you had me on this one, didn’t you? After all, when you inherit a job with people in place, you can’t be responsible for everything they do, right? You’re supposed to be responsible for your own team.

Correct, and unless and until you make some changes, the team you inherit is your own team. Don’t waste time making changes if they are needed. And don’t hesitate for a second when it’s time to support the people on your team, whether you hired them or not.

3. We had a miscommunication around expectations.

This is one of the most over used excuses in the book. Good leaders know the importance of clear communications, and they know how to test understanding early on in any program or project to make sure people are communicating effectively. What this really means is that we didn’t start managing this effort until it was already too late.

4. I don’t have enough resources to get the job done.

Staffing levels, budgets, required technology are all things that get negotiated going into a job or a project. Once the starting bell has rung, you are on the line. Do surprises occur? Yes, and when they do the leader does not make excuses. He or she clearly and effectively outlines how the game has changed, and engages all parties needed to figure out how to respond.

5. I wanted to (hire/fire/approve/disapprove/start/stop) that one, but my boss made the final decision.

Then you’re not the leader, are you? Leaders have bosses too. Even CEO’s have to answer to a Board. But when you turn around to those who view YOU as the leader, you have to own every decision.

Leaders and excuses? They really don’t go together.

Leadership qualities are qualities that characterize effective leadership. What are these qualities?
Let me lay it out clearly.
For starters, effective leaders are . . .
1. Humble
2. Decisive
3. Selfless and self sacrificing
4. Empathetic
5. Disciplined
6. Good communicators (they communicate the agenda clearly and effectively)
7. Fair and unprejudiced
Effective leaders . . .
8. Maximize the potential of their people by empowering them
9. Surround themselves with people smarter than they are
10. Do not care who takes the credit
11. Admit that they are infallible and admit mistakes when they make them
12. Have a burning desire to make a difference . . . a positive difference
This list is by no means exhaustive. In fact, I can go on and on.
But no matter how long the list of leadership qualities is, I can tell you honestly that without three of these leadership qualities you will inevitably fail as a leader.

What are these four uncompromising qualities of effective leadership?
1. Surround yourself with people smarter than you
2. Acknowledge mistakes when you make them. Take corrective actions, learn from them, and move on
3. Maximize the potential of your people and
4. Be selfless. Serve your people and your organization. Abhor personal gain.
The desire for personal gain will colour your judgment and will ultimately lead you to the path of failure.
To illustrate, consider what happened recently in the company where I work.
As I write this, I work for a global beverage company with roots in the UK. I am in one of the offices in West Africa. My company’s cocoa based beverage drink has about 50% share of the country’s total cocoa based beverage market. Clearly, it was a big operation. Some two years back, my company’s CEO and the finance director were fired. Why? Over statement of company accounts. The company wasn’t doing well. Instead of telling his bosses so, the CEO . . . with the collaboration of the finance director . . . tempered with the accounts to make the company look good and thus, retain his position as CEO. This situation went on for about three successive years before external auditors contracted by the parent company in the Uk detected the fraud. That incident resulted in a loss to the company of over $116 million U.S. dollars. And shareholders have been told they should not expect dividends for the next two years. The CEO was a young talented fellow who had been CEO of the company for over 10 years. He was well respected in the community, even winning the position of “The Most Respected CEO” in my country twice.

So, what went wrong? What took him down?
1. The desire for greater prominence, greater fame, and personal gain.
2. Arrogance. He refused to admit he was wrong and wind down production to match demand and market opportunities (He had a vision to make the company a billion dollar company by year 2010. He called this . . . project marathon).
When the market wasn’t growing as fast as production was growing, he refused to slow down production. The factories kept on producing at break-neck speed and the company kept on acquiring more warehouses to store what was produced that the market could not accommodate)
3. He surrounded himself with ‘yes men’ – directors who were at his mercy . . . directors who stood by and watched while the life investment of shareholders went down the drain
Make no mistake about it.

No matter how good you currently are, no matter how intelligent you may be, no matter how many awards you have won, you will fail eventually if you are not a selfless leader.
Remember all the leadership qualities discussed above. But whatever you do, do not forget the four most important leadership qualities.
You can be a great leader. Effective leadership is within your reach. It starts by understanding leadership qualities you need essential for effective leadership.
The good news is . . . these attributes can be learned. And . . . this is your big chance.

The Pareto Principle says that 80% of job is completed in 20% of time.

Another application in a non-planning environment is that 80% of the efforts tend to achieve only 20% of the results. By thinking and planning we can reverse this to 20% of the efforts achieving 80% of the results. This signifies the importance of Planning.

“A Plan is a trap laid to capture the future”Allen. Planning is the process by which you determine whether you should attempt the task, workout the most effective way of reaching your target and prepare to overcome unexpected difficulties with adequate resources as it helps to achieve the maximum effects from a given efforts.

It bridges the gap from where the organisation is to, where it wants to be. It provides a framework within which a business must operate. It is a proactive process that is intended to help individuals; group and organisation’s performance objective. But people avoid Planning because of Organizational Problems (poor effort and reward structures, fire-fighting, the get-stuck in culture, no monetary/ non monetary motivation) or Individual Problems (laziness, lack of commitment, resistance to change, fear of failure, no experience).

According to Mr. Aryan Punamiya, General Marketing Manager Shree Sai Creation Ltd, “An ideal business plan should be simple, clear, suitable, flexible, continuous, comprehensive, complete, realistic, acceptable and balanced with clear unity of purpose and direction which ensures benefit to all and fullest, utilization of resources and opportunities. It offers a bench mark against which actual performance can be measured and reviewed. A business plan can play a vital role in helping to avoid mistakes or recognize hidden opportunities. It helps the management to understand more clearly what they want to achieve, when they can do it and how they should do it in a logical order¨

As rightly said by Thomas A. Edison, Being busy doesn’t always mean real work. The objective of all work is Production or Accomplishment and to either of these ends there must be forethought, system, planning, intelligence and honest purpose, as well as perspiration.

Seeming to do is nothing. A Plan should be realistic view of expectation, depending upon the activities, a plan can be long range, intermediate and of short range. Always set realistic targets/ deadlines. Realistic means the manager should know what his team is capable of and what is expected of it by their superiors. It is a blue-print of business growth and a road map of development. It is looking ahead with a defined goal in writing which is realistic, specific, acceptable and easily measurable with a purpose as it helps in deciding the objectives both in qualitative and quantitative terms, keeping in view the resources.

REMEMBER: The plan will not solve all your problems. Planning is not a magic bullet for curing what ails. It is just one of the vital ingredients needed for success. However, Planning enables you to turn your dreams into reality. Planning is an essential stepping stone to business success. Failing to plan to win is the same as planning to lose! If you fail to plan, you plan to fail! Planning is a lively activity revise it, regularly as needed, as it is process that involves making and evaluating each set of interrelated decisions. It is selection of organisation’s mission, objectives, values, beliefs and translation of knowledge into action.

Dwight D. Eisenhower once said that that Plans are Nothing, Planning is everything. Planning takes into account all the Internal factors (new product, services or requirement of the organization, new technology, changes in organizational structure, changes in the vision, values, norms) and External Factors (competition, social, economic, global, demographic, natural, technological, task, political, legal), makes good assumptions about the industrial market environment, analyses them and focus on the critical ones. Planning is an anticipatory decision making process that involves situational analyses, forecasting outcomes and events, considering implementation issues and contingencies.

“Planning is bringing the future into the present so that you can do something about it now¨ Alan Lakein. Provide sufficient time and money for planning process. Induce evaluation procedure in the plan and reward effective implementation. Always focus on the results as it is the starting point of whole management functions ¡V like organizing, directing, controlling, co-ordinating, staffing are related to planning. Planning facilitates decision-making. Planning draws on a wide range of knowledge from many different business disciplines like finance, human resource management, intellectual property management, supply chain management, operation management, marketing and production management.

Planning is rightly defined as, “The process of setting goals, developing strategies and outlining tasks and schedules to accomplish the goals.” Finally, I conclude by the famous words of Tim Driskell Climber, “If you decide to go out to these wild places and put yourself in these conditions be responsible for yourself and those in your party. There are many requirements; good judgments, common sense, experience and leadership are just a few. Unexpected things can and do happen ¡K¡K Be Prepared. Expect the unexpected. Always carry a sack on every climb. Be prepared to spend the might up there! Plan for the worst; but hope for the best!¡¨ Here, are some important

Whether you are consciously aware of it or not, on some level you are continually leading yourself and others. As a result, it would only make sense that you strive to improve your leadership skills and get the most out of life for everyone in your sphere.

If you desire to lead a passion-filled life wherein you are a positive influence to everyone, you will enjoy incorporating the following practices to assist you in consistently living your life as a conscious and strong LEADER.

1)Have a clear vision of yourself, others, and the world.

Who are you? What do you stand for? What is your life purpose? How do you want to influence others? How do you want to contribute to yourself, your family, friends, colleagues, and the world? Answer these questions to formulate a concrete vision of yourself and your world. Then, start living your life as the leader who makes your vision a reality!

2)Know and utilize your strengths and gifts.

You have unique gifts that you were born with and personal strengths you’ve developed over your lifetime. Realizing and utilizing these gifts and strengths will assist you in being a formidable leader.

3)Live in accordance with your morals and values.

Making choices and taking actions out of accordance with your morals and values leaves you with a nagging “Bad” feeling. This feeling seeping in from your subconscious mind hinders your success in your career and your relationships. On the other hand, making choices and taking actions aligned with your morals and values helps you succeed almost effortlessly. People sense integrity and will naturally respect your opinion and leadership.

4)Lead others with inclusiveness and compassion.

The greatest leaders are those who include everyone in their sphere of influence by recognizing each person’s greatest value. To be one of these leaders, look beyond the obvious and see others with insight and compassion. Many of history’s greatest leaders have admitted that they rose to the top because another leader recognized and harnessed their potential.

5)Set definitive goals and follow concrete action plans.

You have to know where your destination is before you can map out a plan to get there. To improve your leadership skills, first set specific life goals with appropriate timelines. Design your goals by moving backwards from the end of your life to the present week. Then, formulate action plans you can commit to that will get you to where you want to be.

6)Maintain a positive attitude.

No one respects a grumpy or negative person. With a positive attitude you are looking at the bright side of life. People are naturally attracted to you when you have a positive attitude. By being positive, you will lead a happier life, as well as be surrounded by other positive people. You will also magically attract exciting offers and possibilities.

7)Improve communication skills.

Having great leadership skills includes your being able to clearly and specifically communicate your vision, goals, skills, intentions, and expectations to others. This also includes your ability to listen to what other people are consciously or unconsciously communicating. To become a great communicator, continually strive to improve your verbal, nonverbal, and listening skills.

8 ) Motivate others to greatness.

A leader is as powerful as his team. As a leader, you will want to surround yourself with a powerful team by assisting others in recognizing and utilizing their strengths, gifts, and potential. Motivating others to their own greatness will improve the group energy, increase the vitality of your projects, and move you forward toward achieving your goals and vision.

9)Be willing to admit and learn from failures and weaknesses.

Face it – No one is perfect, and everyone has made a mistake or two in their lives! The most successful leaders know that the key to success is not in avoiding falling or failing, but to learn from their mistakes. As a strong leader, you will also be able to communicate your weaknesses to your team, so that you and your team can appoint someone who excels at that particular task or activity.

10)Continue to educate and improve yourself.

Great leaders continue to improve themselves in every possible way. The person who thinks he is an expert, has a lot more to learn. Never stop learning. Be receptive to everyone’s perceptions and information from around the world and beyond.