Leadership Strategies of Successful CEOs
There are a few leadership treats that are common to successful CEOs. Some of which we try to discuss here.
Here are a few leadership concepts that are common to high flying CEOs.
Look out for the “”Iceberg”
Successful CEOs are visionary. When we say “Iceberg”, we mean the ability of a CEO to describe the different elements of the organization’s culture from the hidden and unseen to the visible and explicit.
This is one of the most common treat of great CEOs. They have the ability to see into the future. The capability to see beyond the imagination of the employees.
Most times, the ideas and projection of a CEO may sound weird to the employees who may see them as impossible to implement in reality.
Even when this happens, as a good CEO, you shouldn’t be upset. Whenever you record 100% buy-in from your employees, know that there is danger.
There should be at some points some sorts of disagreement between CEO or founder who sees the future and the employees who do not. The reason for this is because they both have different levels of experience, mindsets, and factors to take into consideration.
As the head of the organization, you are expected to always look out for opportunities and trends and even pitfalls and telling everyone what to do to avoid dangerous curves.
Leaders know what’s to happening next. Employees execute on the current and probably overvalue the past.
It is the job of a good leader to communicate ideas and plans down to the employees.
Understand you’re a parent, not a babysitter
Most of the times, this understanding is what differentiates successful CEOs from the unsuccessful ones. Good and successful CEOs don’t micromanage. They allow the employees do their work while they watch and occasionally step in to support. They are parent and not babysitters.
The biggest vulnerability of CEOs with this leadership style is creating entitlement. That is, their ability to fix problems and create top-line revenue which gives other leaders with the organization a false impression that they are the ones getting results in their respective departments.
Successful CEOs give their employees room to try, fail and most importantly learn. At the same time, they help them to acquire the capability to carry out high level executions on their own.
Successful CEOs are risk bearers. They sometimes take decisions that neither they nor the company is ready for.
It is always the responsibility of successful leaders to take the bull-by-the-horn. To take decisions that might raise tension in the organization in the short run, but beneficiary in the long run.
Make your employees feel safe
Job security is one of the greatest concerns of employees. This is one thing successful CEOs do and do very. They make people feel safe and secure around them.
There are a number of reasons safety help create speed in business;
When people do not waste their time trying to figure out how to resolve a situation, they will have time enough for projects and programs execution. As a result, the entire organization working machinery produces higher output faster.
It is the duty and responsibility of a CEO to create a safe business environment where employees feel comfortable sharing their plans in advance.
This, successful CEO knows how to do very well.
CEOs work for their employees
This is one of the top Leadership Strategies of Successful CEOs. The knowledge that their employees don’t work for them, but they for the employees.
Although, This is very hard for a lot of leaders to understand and accept.
Many leaders and managers think that becoming one is the “graduation” without knowing that is rather the other way.
The bitter truth is that successful CEOs actually work for their employees.
They understand everything their employees want per time. CEO constantly adapt to the needs of their employees from the organization.
When you are promoted from a project executioner to a team manager, you are promoted from trading on IQ to trading on EQ. You are promoted from doing the actual work to listening to employees and meeting their needs, taking blame, and yea, being the bigger person.
The best CEOs are actually the best career mentors.