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. 

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Leadership

Lead From the Top: 5 Core Responsibilities of a CEO

Knowing exactly what the chief executive's role entails is critical for steering a company to success.

Health & Wellness

How to Set Boundaries and Protect Your Peace When You're Overwhelmed

Try these strategies to establish boundaries and help prevent yourself from feeling overloaded in a world full of information and constant pressure.

Business Ideas

70 Small Business Ideas to Start in 2025

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2025.

Science & Technology

3 AI Tools to Help You Start a Profitable Solo Business in 2025

Ready to automate your business and scale without a team? This video is your step-by-step guide.

Business News

Warren Buffett Says to Forget About 10,000 Hours of Practice — If You Want to Master Something, Do This Instead

At the 2025 Berkshire Hathaway shareholders meeting, the "Oracle of Omaha" described the systematic approach to success that has worked so well for him over his storied career.

Business Solutions

Update Your Team's Productivity Suite to Office 2021 for Just $49.97

An affordable way to upgrade your team's MS Office.