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Are You a Good Leader? (Infographic) Running a small business requires strong and strategic leadership. Here are the skills you need to succeed today.

By Kate Taylor

Opinions expressed by Entrepreneur contributors are their own.

Once, it may have been enough for a company to find something that works and keep doing it over and over again. Today, in a marketplace of continual innovation and change, a company needs strong and strategic leadership to truly thrive. But what does strong leadership mean?

Fifty-three percent of corporations placed growth as their number one priority in 2013. To achieve this growth, companies have turned to ethical leaders to pave the path of innovation. Eighty percent of top-quintile companies aim to adapt ethics to changing business needs, while only 36 percent of bottom-quintile companies do the same.

Related: 5 Morning Rituals to Keep You Productive All Day Long

Along with ethical leadership, companies are in pursuit of leaders who can use their power wisely, manage crises and cultivate a culture of change. The infographic below, compiled by NEC's Online Master of Science in Project Management, offers key data and statistics on leadership in an evolving marketplace.

Check it out.

Click to Enlarge+
Are You a Good Leader? (Infographic)

Related: Thinking of Quitting? Remember, the Sun Will Rise.

Kate Taylor

Reporter

Kate Taylor is a reporter at Business Insider. She was previously a reporter at Entrepreneur. Get in touch with tips and feedback on Twitter at @Kate_H_Taylor. 

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