Skills and knowledge are necessary to make someone unique and successful. The report has already discussed the case study of Microsoft Corporation in order to discuss the leadership skills of Mr. Bill Gates in that context. Leadership is an essential quality of an individual that develops useful, effective and innovative ways of achieving a set of business goals (DuBrin, 2015). A leader has to be visionary who should have the ability to think beyond all possible limitations.
Leadership is believed as an innate quality of an individual and at the same time it should be groomed and adopted with time and according to the situation. The essential leadership skills (see Appendix) will be discussed one by one in the following parts in order to understand the significance and impact of leaders in the growth and success of an organization.
A leader must be able to predict future situations and issues in the way of the organization. Poor or wrong detection of threats and weaknesses may damage the prospects of the organization. When the leader of an organization is also the founder of the same, the responsibility becomes more intense (Daft, 2014). It is up to a leader to set the mission of the organization and have visionary outlook to enhance the company. To put it in another way, a leader should always remain ahead of time and other people in the organization so that he/she can design and shape up the future prospects of the organization (Northouse, 2011).
A leader is always expected to think out-of-the-box and perform out-of-the-way. The ability to challenge in a leader is important as change is an integral of any business. Detecting the obsolete aspects in a business or in an industry and offering the appropriate replacement which will empower the organization in a better way are very important for a leader to initiate (Lussier and Achua, 2015). It is not necessary for a leader to question or doubt every existing aspect of a business but it is definitely required for a leader to have that analyzing perspective that compels to challenge (Kruse, 2013).