Attributes of Leadership 3

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Courage :  Courage is the state of mind of an individual, in times of danger and difficulties, with firmness and stability as guides. It also involves the display of visible caution against avoidable risks. The individual's action revolves on the strength of the character, sufficient to surmount the effects of fear, which is relegated to the background. Self-Confidence :  Self-Confidence is the belief in one's ability to accomplish tasks.  An individual relies solely on his or her strength to successfully complete an activity without recourse to external influences. Decisiveness :   Decisiveness involves the ability to take decisions promptly and permanently, without resort to procrastination or contemplation. An individual does not reverse his or her decisions once taken. Donate
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Michael Porter

Michael Porter, an engineer, has a doctorate in economics from Harvard Business School. Porter authored Competitive Advantage in 1985. ​The book extensively treats the idea of the value chain. The chain comprises inbound logistics operations, outbound logistics, marketing and sales, and services. In200, Porter became a professor of Harvard University. Porter stated that five factors determined competition in business. The factors include: 1)Existing rivalry in firms. 2)The threat of a new entrant to a market. 3)The threat of substitute products and services. 4)The bargaining power of suppliers. 5)The bargaining power of buyers.

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