“Many business leaders are seeing the relationship between long-term success and sustainability, and that’s very heartening,” said Jacqueline Novogratz, an American entrepreneur, author and founder and CEO of Acumen, a nonprofit global venture capital fund whose goal is to use entrepreneurial approaches to address global poverty.

Employees are the backbone of every business and if the employees are not happy or unsatisfied with the business then it can reduce productivity and engagement at the workplace. Successful leaders have a great set of skills to manage a business successfully and they also know various ways to encourage their people to work hard and provide effective work results for the company. But leading the team requires a unique set of skills. Moez Kassam is a successful leader who is been helping many new and upcoming leaders to understand the skills to lead their team. He is also the co-founder of Anson Funds. Anson Funds Management LP operates as an investment management company. The Company offers investment advisory, retirement planning, and consulting services.

Here are some ways how to lead people in an effective way:

Give them the freedom to use their talents:

Great leaders know that if they do not allow their employees to use their skills in the workplace then it can put a negative impact on the business growth and also can create a fuss at the workplace. Leaders should encourage their employees to use their talents and skills to provide more effective and efficient work results. When employees get a chance to work according to their skills then they will be able to help the business achieve its goal.

Permit them to make mistakes:

Due to a lack of face-to-face conversation employees lose their confidence and this will impact their work results. Leaders need to invest some of their time to connect with their employees and allow them to share their vision, issues, and feedback. This will make the employees boost their confidence and when leaders allow them to make mistakes and learn from them then it can help in improving the performance of their employees.

Guide them to work together toward a compelling vision:

A leader needs to empower their people to work in a team to get much faster and effective work results. When a leader provides a great vision for their company’s future then they also need to make sure that their employees are able to understand the vision and their work task clearly. When your team is focused on working as a team rather than individual work then they will be able to understand each other and can also support their co-workers in their difficult situations.

Show up as the leader and develop leaders within:

Leaders are the role model for their employees in most businesses and the way they show their skills to tackle any negative situation effectively and to stay positive all the time even in the most hectic situation inspires the employees to learn from them and work hard to achieve those skills to provide to improve their work performance. Moreover, a good leader can use their year-long experience to guide their employees in different ways to overcome their challenges and difficulties both inside and outside the workplace.