Habit 4 - think win-win

Interpersonal leadership is important because achievements are largely dependent on co-operative efforts with others. He said that win-win is based on the assumption that there is plenty for everyone, and that success follows a co-operative approach more naturally than the confrontation of win-or-lose.

Habit 5 - seek first to understand and then to be understood

This is one of the great maxims of the modern age €“ Mr Covey's habit of communication €“ and this is extremely powerful. He explained this in a simple analogy as, €diagnose before you prescribe€.

Habit 6 €“ synergise

The principle that the whole is greater than the sum of its parts, which implicitly lays down the challenge to see the good and potential in the other person's contribution.

Habit 7 - sharpen the saw

This is the habit of self-renewal, says Mr Covey, and it necessarily surrounds all the other habits, enabling and encouraging them to happen and grow.

Mr Covey believed that most of us spend too much on what is urgent and not enough on what is important, and business learning can help educate you on what your priorities should be. The key is not to prioritise what's on your schedule, but to schedule your priorities.

Management is efficiency in climbing the ladder of success. Leadership determines whether the ladder is learning against the right wall and there is no doubt that an MBA will teach you leadership skills.