3 vital lessons for aspiring business leaders

The Conference Board chief economist Dana Peterson joins Wealth Host Brad Smith to share her tips for aspiring leaders. “The one thing is that great leaders have to be innovative and visionary, but they also have to be willing to roll up their sleeves and jump into the deep end and into the trenches with the folks that they’re leading,” Peterson says, adding, “Certainly, it’s inspirational leadership that encourages your staff and the people who work for you to get out there and try new things, because they know that you will have their backs and you will be in the deep end with them.” “Another thing I think is important is that leaders must combine EQ with IQ,” Peterson says about the need for business leaders to display emotional intelligence in their decisions. “You have to do more listening than talking sometimes and taking the perspectives of many different voices.” Catch Conference Board chief economist Dana Peterson also weigh in on the economic impact of President Trump’s tariff policies. To watch more expert insights and analysis on the latest market action, check out more Wealth here. This post was written by Naomi Buchanan.Read More