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Where there is effective leadership, one can see good, sustainable results, said Pretorius. But effective leadership is a joint responsibility as the business environment becomes more complex.
"The business world we used to know doesn't exist anymore - the change has been that fundamental. The reality is that business leaders have to make complicated decisions on an ongoing basis, under a lot of pressure. Against that backdrop, if we talk about effective leaders today... and I've had my fair share of success and failure... there are some guidelines for success for effective leaders:
"I have learned many things about leadership," Pretorius said. "Leadership is a responsibility, it isn't a right. I have to earn the support and the loyalty and respect of my people. I can never demand it. And I have to earn it on an ongoing basis: the moral right to lead. I have learned that leadership is not about ego and authority, it's about results and achievement. Leadership thrives on results, and not on salutes. Leadership is not about how many people want control. Leadership is about how many people we liberate, so that they can achieve their own potential. Leadership is not about instructing - but about coaching and encouraging. It is not about taking, but about giving. Leadership is about leading people to a better tomorrow.
"The new paradigm of leadership is all about the strength of your spirit, the power of your ideals, your humanity, your ability to win the hearts and minds of all your team members."
Pretorius says he reminds himself everyday of four key principles: "give my people direction; earn their trust; deliver results; and I must give them hope".