3 Commonalities in the Most Successful CEOs
A chief executive officer is a role that gets a lot of attention, but what exactly does a CEO do in a company? How does it differ from other executive positions? At the role's core, a CEO leads an entire corporation, so they are likely the final decision maker on most subjects. CEOs can work at large international corporations or be hands-on with small businesses or start-ups. What are the three traits most successful CEOs have in common? Here's a closer look.
Self Confidence and Self Awareness
The most successful CEOs demonstrate confidence and self-awareness through a combination of traits and behaviors. They are often decisive and can act quickly based on their knowledge and instincts. They are generally risk-takers and willing to make bold moves when necessary without being reckless or impulsive. They also know when to seek feedback from others and listen to good advice and constructive criticism. Good CEOs are also transparent and will communicate openly and honestly about the organization's goals, challenges, and successes.
Thinking strategically is also a critical skill for a successful CEO. They should have a clear vision of where they want to take their organization and can articulate it to others. They think about the big picture and think long-term. They can anticipate future trends and market shifts and plan accordingly. They are also data-driven and analytical. They can use data to inform choices. And, maybe most importantly, they're adaptable. When things change, they can pivot quickly.
A successful CEO is also someone who inspires their team through their leadership rather than ruling with an iron fist. They set a positive example for their team to follow and demonstrate the values they expect from their employees. They work on earning respect and trust. They are successful communicators who clearly define their goals and vision to others. They are honest and transparent. They also empower their employees. CEOs will hire a qualified team and trust them to do what they are experts at rather than trying to do everything themselves. They will recognize and reward successes. And above all else, they will foster a positive and inclusive culture where employees feel safe to share ideas and opinions and collaborate.
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Published on Jun 19, 2023