A Dive Into What Makes a Great CEO

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CEO

Last Updated on February 25, 2024 by Ali Hamza

Being a CEO of a company is a versatile role. You become the representation of the company to both internal and external stakeholders, in partnership with the management, the company’s board, and the general public.

Here are a few qualities that make a great CEO

Motivation

You should have the enthusiasm to pursue the company’s goal and be able to instill that attitude in the employees. You will get the best out of the business if you motivate the employees to provide the best services they possibly can.

Motivated colleagues will put more energy and effort into driving the company’s business forward.

Vision

A CEO needs a clear plan for the levels they want to take their company to. The executive head of a company always needs to have ambition and optimism. A leader needs to be able to inspire others toward your vision and goals for the company.

You can use CEO coaching to be excellent in identifying your company’s needs, hiring the right employees, and establishing your vision.

Receptiveness

It is essential to listen to your employees and fellow executives when they offer you advice on their areas of expertise. Showing interest and good listening skills will build your image internally in the company. It will also improve your understanding of the business’s daily operations, impacting better decision-making concerning the business.

Trust

Being trustworthy and inspiring trust among your colleagues will create good leadership impacts as a CEO. Both you and the stakeholders need to have confidence in the work delegated to you. You will have enough time to concentrate on the main agenda and gain from a positive working establishment.

Foresight

By foresight, you should be able to think on matters concerning the company’s future planning critically. A CEO needs to have foresight because they deal with a lot of money, business activities, and investors.

Also, to steer the company in a good direction. Have better foresight by thinking out of the box, taking your time to weigh the cons and pros, and putting forward developments.

Thinking out of the box will help you reach unexpected solutions in a way that you did not anticipate. Taking your time before making a decision will help you consider every scenario with its cons and pros and benefit the business’s long-term success.

Putting forward the company’s development will help you monitor several changes in the company. This enables you to focus on all vital areas without neglecting other areas.

Reliability

Even if you are the CEO, you need to be reliable. A CEO exhibiting unreliability will lose the trust of his employees and the board. A CEO can be dedicated to being transparent, delivering on commitments, and considering your words and actions.

Be transparent and honest when you decide whether the action will succeed or not. It would be best to deliver the commitments you make and remember to be open to when you will provide. Consider your words and actions beforehand, as they will be heavily scrutinized by those you lead.

Teamwork

Engaging in activities without involving your employees may hinder the office workflow and creativity needed to make the company successful. Be an intelligent CEO by implementing team-building activities to help your team make strategic and proper decisions.

You can promote teamwork by hosting a virtual conference event to connect your employees and create a positive work environment.     

Decency

Decency will help build a relationship with your investors, employees, shareholders, and it will significantly assist you in becoming a better CEO. It will portray compassion and be keen on how different conditions impact the public and your employees.

You can show decency to your colleagues and the public by requesting feedback, finding work approaches, and considering the human factor first. Request for feedback from clients by talking to them about how they perceive a decision you made and later on analyze the input. Find approaches in a situation you have not yet imagined when handling difficult situations.

Do not get lost on numbers and business only even though you are in charge of that part, but always consider the impact your decision has on people.

Closing Thought

Generally, a good CEO should be capable of juggling more than a few critical duties while being a respected and trusted decision-maker. However, making a great CEO is more than a list of a few characteristics.

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