Managers put their judgement, reputation and maybe their job on the line to make decisions. Making decisions and taking risks go hand in hand. There is always the possibility of making mistake when taking risks. Managers have to be able to recognize whether the decision made or the action taken is foolhardy or daring. If they fail, they have to learn from the experience.
Managers also have courage to formulate their own vision and communicate with employees.
Communicating a vision is essential to getting a task accomplished or attaining specific goal. Leaders believe they can make a difference. To help clarify a vision what can be done, they need to determine the goals of the organization. Then they can explain the vision to employees. How managers interact with employees will have a definite impact on their success.