Michael Dadoun, the CEO of Montreal-based UpClick, has superior leadership skills

1. Michael Dadoun, the CEO of Montreal-based UpClick, has superior leadership skills Michael Dadoun

2. People who are motivated, dependable, persistent, friendly, organized, and possess foresightedness and reliability in good measure are found to be more successful leaders. Michael Dadoun, the CEO of Montreal-based payment processing company, UpClick, has been successful because he is an achievement oriented person who has the above mentioned qualities in sufficient quantities. • A continuously changing business environment and market dynamics has made the ever present question of successful leadership more pertinent. Here, we will look at some of the most important characteristics that any CEO of a modern organization must possess.

3. Openness to Experience • This refers to an individual’s interest and fascination with novelty. A person scoring high on this parameter is less rigid in his or her beliefs and is open to experience and change. • Such individuals make good leaders, as the fast evolving marketplace requires leaders to demonstrate a higher degree of flexibility. They need to keep changing with the changing times. • People scoring low on this parameter make poor leaders, as their rigid sets of beliefs prevent them from innovation, creativity, and acceptance of new ideas and views.

4. Self-Esteem • This is an important quality that any leader must possess. • Leaders with high self–esteem are sure of themselves and their surroundings. They are not afraid of delegating authority and encourage both upward and downward communication. • Good leaders in possession of higher degree of self-esteem are competent, secure, and accomplished individuals who are capable of positively influencing situational factors to get things done the way they want it. • People with low self-esteem do not believe in their own abilities and seek external approval for their actions and beliefs.

5. Self-Efficacy • Managing a modern organization is not easy. A CEO has to often cope with unseen and unpredictable events and circumstances.  • Leaders scoring high on self-efficacy believe in their own abilities and possess the capability to rise to the occasion.  • Self-efficacy is important for a leader of any organization, as it helps him cope up with challenging tasks and adapt to new ideas and technology.

6. Michael Dadoun, the CEO of UpClick, maintains an optimistic view and use passion as a catalyst for generating enthusiasm among his subordinates. • Cassius: “Men at some time are masters of their fates;The fault, dear Brutus, is not in our stars,But in ourselves, that we are underlings.” This is one of the most famous lines of Shakespeare’s Julius Caesar. We bring it here because these lines are related to another very important characteristic of a modern leader.

7. Locus of Control • Locus of control is the extent to which a person believes that he or she is the master of his or her own fate. • People with a higher degree of locus of control believe that luck or chance has no part in shaping their destinies. They control what happens to them. • This is an important attribute for any modern leader, as a person cannot be in control of surroundings, if he or she believes that external factors determine the situation inside the organization and these factors cannot be dealt with. • People scoring low on this parameter make poor leaders, as they tend to believe that success or failure of an organization depends upon luck and whims of the marketplace. • However, there is a flip side to high degree of locus of control. Many CEOs lulled by the false assurance of infallibility often make wrong decisions.

8. Self-Monitoring • Self-monitoring refers to a person’s ability to change his or her behavior to fit the changing situations. In other words, individuals scoring high on this parameter are capable of changing their behavior according to the given situation. • Individuals with a greater degree of self-monitoring make good leaders, as they are capable of changing their behavior according to the situation. A different stroke for different folks is important, as a leader has to put up different faces when dealing with different people.

9. Risk Taking • “A ship is always safe at the shore - but that is NOT what it is built for.” ― Albert Einstein • Growth–oriented entrepreneurs are more willing to take risks. In this age of quick information and intense competition, a leader has to show a willingness to take risk.  • CEOs need to take decisions quickly and act on them, if they want to ensure that an opportunity sighted by them is not grabbed by a competitor. The often repeated quote, “Look before you leap,” has become somewhat of an anachronism today. • Managers are often required to take instant decisions. They cannot afford to wait for all the relevant information before making a decision. • Life is either a daring adventure or nothing at all is proved by researches which show that decision accuracy for a risk taking or a risk adverse manager is almost the same.

10. Conclusion • Good leadership is imperative, if any modern organization is to make a place for itself in a highly competitive business environment. • A good leader is a person with a high degree of integrity, sincerity, and dedication. Dependable and organized, these individuals know the art of getting things done without resorting to the use of force and coercion. • Michael Dadoun, the CEO of Internet company, UpClick, is a person with superior leading skills. He communicates high-performance expectations to his employees and exhibits confidence in their ability to meet these expectations.