Finding success in the 21st century can be a daunting proposition, to say the least. Modern companies must think on both a macro and micro scale in order to properly assess the competition that they face. In doing so, they must also follow a leader who is effective at taking advantage of opportunities as they present themselves.
Daniel Shin is the co-CEO and founder of PortOne Global, a massive and rapidly expanding payments processing orchestrator in the Asian markets. Known for his collaborative approach to management, Daniel Shin has often emphasized the importance of effective leadership within his business dealings.
Discussing what makes him successful, Daniel Shin took time out of his day to relay the most effective ways a leader can guide his staff.
Effective Leadership Traits
Effective leaders are often the head of the company and the engine within it. Resourceful leaders like Daniel Shin focus on developing a clear vision for the future: offering a big-picture vision filled with small-picture details. Shin points to the different ways he can approach a project while collaborating with his partners as a premier example of his big-picture thinking in action.
In addition to offering a clear vision of the future, Daniel Shin thinks it is of the utmost importance that people engage in constructive communication in order to tackle goals. Shin suggests that collaboration is the key to long-term success, particularly in industries as fast-moving as his own.
Finally, effective leaders maintain a constant focus on efficiency and productivity, supporting better results through their own leadership tactics. To make this happen on a macro level, Shin believes it is important to understand the different members of your team and their strengths.
Skills of an Effective Leader
Dynamic leaders don’t simply climb out of the ground; they are created through the development of different attributes. Daniel Shin believes effective leaders often possess a few intersecting traits, highlighted below.
High Emotional Intelligence – Dynamic leaders must be able to tackle problems while maintaining a focus on innovation. The free-flowing exchange of ideas during a meeting can come from individuals with high levels of emotional intelligence.
Delegation and Prioritization – Effective leaders must also be able to delegate and prioritize tasks as they arrive, putting the most important ones in their place. By prioritizing properly, leaders can reduce burnout, better align their teams, and focus on timely project completion.
Team Development – Finally, Daniel Shin believes it is imperative to take time to properly develop people management skills. Creating a dynamic and trustworthy team can be the key to success, particularly for business leaders looking to complement their own strengths and weaknesses.