Leadership is not just something that can be learned from a book. It is learned by experiences and challenges in different circumstances.


The more difficult the circumstances the more a potential leader will learn.


A good leader in business must also be a coach. Corporate management involves not only decision making but coaching others. Leaders need to be in the field, however challenging the circumstances, to show people they care for and support them.


A coach must give confidence and motivate the 'players', or in business, the employees. He or she must also instill confidence in the 'fans' – the stakeholders and the customers.


Obstacles along the way only bring out their passion for the company or the team. Leaders learn from succeeding and failing while working with others. They have the opportunity to recognize their own weaknesses and consider their own career. Leaders look at the future while working on the present.


Opportunities for growth often involve a degree of risk. A leader must learn to shoulder risk. If the results are good, the leader is a hero! If the results are bad, then the leader has to take the blame. Not everyone can perform well under that kind of pressure.


When there is success in one area, leaders should be presented with a challenge in another area where they have never worked before. As the challenges become tougher, they gain confidence in themselves and earn the respect of their colleagues.


Those who gain maturity through such experiences will become valuable contributors to the company for the future.


Source: The Ghosn Factor, Miguel Rivas-Micoud, McGraw Hill