The traits and abilities needed for successful leadership in the current age have adapted to the challenges of a swiftly transforming business landscape. Leaders must cultivate a strong array of abilities to handle these challenges proficiently.

Modern leaders must possess strategic thinking. The ability to develop and implement long-term strategies that align with organisational goals is crucial in today's competitive landscape. Strategic thinkers evaluate market trends, foresee obstacles, and pinpoint growth opportunities. Leaders like Facebook's Sheryl Sandberg exemplify this trait, leading their companies through challenging landscapes with precise, strategic foresight. By thinking strategically, leaders can formulate decisions that set their firms up for continuous success and innovation.

Communication skills have always been important but are now more critical than ever. Effective leaders must be adept at conveying their vision, expectations, and feedback clearly and persuasively. This involves not only speaking and writing well but also actively listening and engaging with their teams. Transparent and open communication fosters trust and collaboration, which are vital for a harmonious and inspired team. Leaders like Oprah Winfrey have achieved success through excellent communication, inspiring and affecting people around the world. Mastering communication allows leaders to energize their teams and create strong organizational cultures.

Resilience is another key characteristic for leaders in the modern era. The fast-paced, here often volatile business environment requires leaders who can endure challenges and come out stronger. Resilient leaders maintain a positive outlook and are capable of navigating crises effectively, ensuring their organisations are stable and directed. Leaders such as Angela Merkel, former Chancellor of Germany, are noted for their resilience in the face of economic and political challenges. By cultivating resilience, leaders can sustain their organisations through difficult times and drive long-term success.