Confidence

Confidence refers to an individual’s level of self-assurance and self-esteem.

There are two distinct types of confidence:

• General self-confidence is a personality trait that develops during a person’s formative years. This type of confidence determines how a person regards themselves and their abilities on a day to day basis.
• Specific self-confidence is situation-dependent; it is determined by the situation or task that an individual is faced with.

Confidence is a reflection of an individual’s internal dialogue that results from judgments, expectations, experiences, and past feedback.

Leaders with confidence are more likely to be decisive, to openly acknowledge mistakes or shortcomings, to listen to alternate or opposing points of view, and to have resilience in the face of failure or criticism.