Successful leaders learn they must harness the talents and capabilities of people in the firm through the force and clarity of their vision and strategy
One of the mysteries of the workplace is how to become a chief executive officer. Some people, of course, seem to know the secret. But the rest of us wonder: Is there a special formula? And if so, can I rise to the top?
“Optimally, preparation for the way up involves seeking out wide-ranging roles that will stretch you, roles that often extend well outside your comfort zone but that provide broad experience and allow you to develop a whole-enterprise systems perspective of how companies operate. Preparation also entails hard inner work, pushing yourself to address any weaknesses in your leadership skills.
Speed to the top is not always of the essence. Sometimes future CEOs at a critical time stepped down to pursue a promising pathway that ultimately helped prepare them for the top. The key is to develop greater operational, strategic and leadership skills. Most boards also expect CEO candidates to have had at least one stint as a general manager of a large unit or division.
Other studies have shown social skills increasingly prioritized in executive hiring, with the greatest surge for CEOs. Their own research, examining correlations between leadership skills and company performance of 47 CEOs selected to lead public companies, found the highest performers were the most accomplished in influencing through empowerment. They stress that the directive style has its moments in certain situations such as crises.
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