New leadership qualities for the new economy

The business world has changed with the shake-up of the economy, have you?

Leadership skills that might have gotten you through in the past, may not work in the new economy. Forbes.com highlights four ways to ensure you are a leader in these changing times:

1. Evaluate what’s missing from your personal leadership portfolio. Are there areas like finance, risk management or technologies that you need more background in? Now is the time to develop those skills.
2. Take an inventory of the people around you. Who has a skill you can learn from? Who may not be good at adapting to the new economy?
3. Engage in debate and conflict. Be able to accept debate, diversity of view and dissenting opinions.
4. Don’t go it alone. Have someone you can confide in.

How do you think managers should adapt?