The survey developed by Robert Half Management Resources also found that 38 percent are somewhat confident, and 14 percent are not confident.

"There are myriad challenges in leading a company today, such as meeting regulatory demands, growing sales amid increasing global competition, and recruiting and retaining the best talent," said Paul McDonald, executive director of Robert Half Management Resources. "The most effective managers not only achieve positive results and demonstrate sound guidance in any business climate, but also are successful in building trust among employees."

McDonald notes that exemplary business leaders share several qualities, including the ability to:

• Recognize their team. Leaders don't take all the credit for their successes. They acknowledge individual and team contributions on a regular basis.
• Rally the troops. Leaders support their team. They provide resources and inspiration to employees working toward a common goal.
• Seek input from others. Successful leaders never go it alone. They appreciate the intelligence and experience of their staff and ask them for suggestions to improve the organization.
• Communicate vision. Influential leaders don't operate in a vacuum. To motivate and guide others, they demonstrate vision and communicate ideas clearly throughout the organization.
• Promote a strong work ethic. The best leaders enjoy what they do. They work hard to meet business goals, achieve results and foster a culture that maximizes employee performance.