{"id":15069,"date":"2018-07-28T18:51:09","date_gmt":"2018-07-28T15:51:09","guid":{"rendered":"https:\/\/www.ibtdi.com\/?p=15069"},"modified":"2018-07-28T18:51:09","modified_gmt":"2018-07-28T15:51:09","slug":"5-essential-qualities-of-executive-heads","status":"publish","type":"post","link":"https:\/\/www.ibtdi.com\/en\/5-essential-qualities-of-executive-heads\/","title":{"rendered":"5 Key Qualities of CEOs"},"content":{"rendered":"

\"Related<\/p>\n

What are the key qualities a board of directors looks for when appointing new CEOs? And why do so many people never become CEOs, despite<\/span><\/p>\n

having an advanced business degree and the required experience?<\/span><\/p>\n

These criteria, or qualities, are capabilities that can be developed and vary from person to person. They reflect a combination of skills, knowledge, and behaviors. <\/span><\/p>\n

Board members\u2019 decisions also involve trade-offs, since no candidate can excel at everything. The committee therefore considers the candidate\u2019s strengths and how they complement the rest of the team. <\/span><\/p>\n

However, the five key qualities considered in any such interview are:<\/span><\/p>\n

.<\/p>\n

1. Be a strategic planner with a long-term vision:<\/strong><\/span><\/h2>\n

Strategic planning involves several competencies; it is about more than simply making decisions about Markets<\/a> customers, assets, and similar matters. Although<\/span><\/p>\n

the ability to make those decisions is important, it also requires the involvement of others. Great strategists always invite others to engage in dialogue and create <\/span><\/p>\n

an environment for exploring future opportunities.<\/span><\/p>\n

.<\/p>\n

2. Be an effective manager:<\/strong><\/span><\/h2>\n

Managing a company\u2019s operations is an essential skill that every CEO must possess and master. Along with having a forward-looking vision, they must manage operations<\/span><\/p>\n

the company successfully, as operational excellence requires analytical and practical skills.<\/span><\/p>\n

A successful manager can also be recognized by their performance: they set specific goals and metrics, then develop and motivate their team to work toward achieving them.<\/span><\/p>\n

on time.<\/span><\/p>\n

.<\/p>\n

3. Have a strong cultural fit:<\/strong><\/span><\/h2>\n

Does the candidate\u2019s personality align with the company\u2019s values? Can they represent those values? Since around 70% of hires fail due to a lack of cultural fit,<\/span><\/p>\n

boards today should pay attention to this aspect when appointing any executive.<\/span><\/p>\n

.<\/p>\n

4. Be able to build good relationships with employees:<\/strong><\/span><\/h2>\n

A CEO at any company should inspire and motivate employees by communicating with them, setting a clear vision, and helping them feel capable of achieving the company\u2019s goals<\/span><\/p>\n

and tracking progress toward them. Great leaders also make the most of symbolic moments to build positive relationships with employees.<\/span><\/p>\n

.<\/p>\n

5. Demonstrate resilience in changing circumstances:<\/strong><\/span><\/h2>\n

A CEO who is not prepared and able to adapt to unexpected changes cannot continue working at the company. (The board <\/span><\/p>\n

takes this indicator into account, especially when evaluating candidates during their probationary period.)<\/span><\/p>\n

Whatever your job or role at the company, if you are a successful planner, skilled in interpersonal and management skills, culturally influential, and adaptable to change, you will not fail.<\/span><\/p>\n

One day, she will lead.<\/span><\/p>","protected":false},"excerpt":{"rendered":"

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