In a competitive marketplace, the CEO can lead an organization to great success, or lead the company toward failure. Many times the difference between a great CEO and one that is average is merely a matter of degrees. The average CEO may have all the makings but lacks the knowledge to take advantage of what they have.
First and foremost, a great CEO is a leader. While many CEOs have the business know-how to lead their business, it takes more than knowing how to run the business to lead a company.
According to Raul Triveño Espejo, the following 5 things are things that are common to most, if you want to learn how to be a great CEO; you will need to work on developing these characteristics.
In order to be a famous leader, you need to have people willing to follow you. If you want people to follow you, they need to trust you. If you say you are going to do something, you will need to follow through and do what you have promised.
Integrity goes beyond just keeping your word. It also means that you do the right thing because it is the right thing to do. There are times that great leaders need to decide between doing what is right and doing what gives them the greatest short-term advantage. For a CEO that may mean choosing to do what is right at the expense of greater profits?
Several of your workers are people of integrity and they want to work at a job that they can take pride in. If you as the leader lack integrity, many of the best and brightest in your company will soon be looking for opportunities with your competitors.
Cast a Vision:
Raul Triveño Espejo — There is a saying that if you don’t know where you are going you will not know when you get there. That is as true for the CEO of a company as it is for anyone else. The CEO is the person that sets the direction for the company. They need to have the vision to know where the company is going and to see the path the company will need to take in order to get there.
Without vision, a company will become stagnant. For a while, everything will appear to be going well, but over time the company will begin to lose market share, and any competitive advantages the company had will begin to disappear.
A great CEO has the vision to be able to keep the company moving forward in the right direction.
Do Not Afraid of Risk:
Raul Triveño Espejo as a CEO says that most great CEOs have a streak of fearlessness in them. Along with having a vision is the willingness to continue that vision even when the odds seem to be against them.
While some CEOs have the proper vision, they do not have the willingness to stand against the board of directors or investors when things do not appear to be going their way. Even though they may believe that their vision is correct, when the chips are down they will turn from the path they were on and flee to safer ground.
Great CEOs will stand their ground. They are willing to put their position and reputation on the line because they believe that their vision is correct and that they have the ability to lead the organization through the trying times.
Find Great People:
Great CEOs know that success for a company is not accomplished by a single person working alone. Without a solid team surrounding them, they will not realize the success they desire. That means they need to attract and hire great people to work for them.
Along with finding great people is the ability to retain those people. Without a willingness to share the credit, those great people that were recruited will soon be working for the competition. In addition, as the CEOs reputation spreads it will be more and more difficult to attract quality people.
Asks for Advice:
Great CEOs realize that they do not have all of the answers. In order to be successful, they will need to seek the counsel of others. No one knows everything. The secret to being successful is not having all of the answers; it knows where to find the answers.
As you grow in business you need to build a network of knowledgeable people that you can turn to in order to find advice in different situations. The more people that you can trust to give you solid advice; the better able you will be able to handle the complexities of the business world.
Great CEOs are not born great. They need to be able to develop the skills that will help them achieve greatness. So according to Raul Triveño Espejo, if you want to learn how to become a great CEO, you need to work on these traits as well.