Dear Friends,
With heart and mind, think of the CEO of a business enterprise. You will probably have an image before your eyes of a person sitting alone in a C-suite. The CEO is indubitably the face of corporate leadership, but what makes a successful one has always been a matter of conjecture. In this digital industrial revolution, generally termed as the fourth industrial revolution with a fast-evolving economy, CEO leadership is also undergoing change. It is not as it was two or three decades earlier. It has become more complex with newer challenges.
To lead a company is a complicated business. It's not only about making efforts reflecting in financial numbers to meet the expectations of the shareholders but also about strategic vision, creating a purpose-driven culture, employee engagement, customer satisfaction, along with building the brand of the organization's reputation and responsibility to the community in which the business operates.
A successful CEO, therefore, has to be a multi-talented person who plays all the roles he has to play and moves ahead of time. He has to be self-reflective and decisive. In today's hyper-competitive and shifting business environment, CEOs normally end up needing complex competencies that no amount of work experience can prepare them for. In the digital transformation age, building the required skill set among employees in a given timeframe would be a new challenge every CEO has to address.
Organizations look for CEOs who believe in collaboration and are ready to admit weaknesses, which can be covered up with the requisite talent available in existing teams. Skills and experience are secondary. The priority is having high EQ and empathy. CEOs need to lead with heart and mind.
Apart from leading by example, the CEO has to be more credible and responsible. Integrity, ethics, and a value system will decide the lifespan of a CEO. Transparency in processes and systems brings ethics and a value system to the organization. It also enhances employee commitment. Today's CEO is expected to develop an environment and culture where both management and employees are accountable to each other.
I have not pointed out the skill set and traits successful CEOs should have and the mistakes they should avoid because these, along with other dimensions of CEO leadership, have been thoroughly presented by experts in their articles/views with interesting examples in the cover story of this edition.
If you like it, let us know. If not, well, let us know that too.
Happy Reading!
Regards,
Anil Kaushik
Business Manager - HR Magazine
B-138, Ambedkar Nagar, Alwar - 301001 (Raj.) India
Mobile: 09785585134, 07665913854
WhatsApp: 7665913854
Website: http://www.businessmanager.in
From India, Delhi
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182With heart and mind, think of the CEO of a business enterprise. You will probably have an image before your eyes of a person sitting alone in a C-suite. The CEO is indubitably the face of corporate leadership, but what makes a successful one has always been a matter of conjecture. In this digital industrial revolution, generally termed as the fourth industrial revolution with a fast-evolving economy, CEO leadership is also undergoing change. It is not as it was two or three decades earlier. It has become more complex with newer challenges.
To lead a company is a complicated business. It's not only about making efforts reflecting in financial numbers to meet the expectations of the shareholders but also about strategic vision, creating a purpose-driven culture, employee engagement, customer satisfaction, along with building the brand of the organization's reputation and responsibility to the community in which the business operates.
A successful CEO, therefore, has to be a multi-talented person who plays all the roles he has to play and moves ahead of time. He has to be self-reflective and decisive. In today's hyper-competitive and shifting business environment, CEOs normally end up needing complex competencies that no amount of work experience can prepare them for. In the digital transformation age, building the required skill set among employees in a given timeframe would be a new challenge every CEO has to address.
Organizations look for CEOs who believe in collaboration and are ready to admit weaknesses, which can be covered up with the requisite talent available in existing teams. Skills and experience are secondary. The priority is having high EQ and empathy. CEOs need to lead with heart and mind.
Apart from leading by example, the CEO has to be more credible and responsible. Integrity, ethics, and a value system will decide the lifespan of a CEO. Transparency in processes and systems brings ethics and a value system to the organization. It also enhances employee commitment. Today's CEO is expected to develop an environment and culture where both management and employees are accountable to each other.
I have not pointed out the skill set and traits successful CEOs should have and the mistakes they should avoid because these, along with other dimensions of CEO leadership, have been thoroughly presented by experts in their articles/views with interesting examples in the cover story of this edition.
If you like it, let us know. If not, well, let us know that too.
Happy Reading!
Regards,
Anil Kaushik
Business Manager - HR Magazine
B-138, Ambedkar Nagar, Alwar - 301001 (Raj.) India
Mobile: 09785585134, 07665913854
WhatsApp: 7665913854
Website: http://www.businessmanager.in
From India, Delhi
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