《¤》Most Important Skills ‘a CEO’ Should Have To Run Business:- 👩🏻‍💼👨🏻‍💼💡📋🏢《¤》

Published in

The Early Bird’s Club

10 min readJul 31, 2021

📌In today's business scenario, certain companies use a standardized way of acquiring corporate necessities for their employees in the business platform, and thus, the highest point on the business pyramid is basically the CEO, who carries enormous responsibility for their company.

Thus, the business CEOs usually apply certain advantages and methods on their business platform from using certain skills and behaviors in order to inform their work and leadership to their working teams. Basically, employees know their CEOs behavior well, as thus, the general public based on the larger corporations because of the CEO’s client-facing responsibilities, and for this probable reason, the company’s CEOs must demonstrate their specific skills, both hard and soft which allows them to show their executive mastery. Therefore, becoming a CEO takes only hard work and dedication in order to grow your business platform effectively and efficiently in the global market. However, it seems that as the business title is tagged upon someone, then, they probably could forget the certain traits which they admired in their business successor. Effective leadership is the most important aspect as well as an important role for a CEO for their company and its team’s success. Thus, the CEO must have the potential and ability for learning through their past experiences and getting lessons from those failures for their future scope. It is very important that a CEO must learn from those sudden mistakes in order to prevent them from happening again during their other business startup. If a CEO does not have an effective crisis management system in the business place when a sudden situation occurs, he or she needs to learn what they actually needed for their future references and so that they will be able to build up a business plan based on the first failures of their new business starting. In order to put yourself on the business track for becoming a successful CEO, they need to create a thriving, healthy, and perfect working business culture for attaching your employees on your working sector and making them feel invested and nurtured and allowing the company to be in competition in the global market. Basically, any successful CEOs need to embrace their business platform allowing for changing and preparing into a flexible platform rapidly since in today's business scenario, changing is becoming a fundamental part for any business platform in order to face their business rivals through their supply of effective products and services.

It is important for any business CEO to be more confident and optimistic but not arrogant about their business skills and what they offer their employees. The business should remain aware of and confront challenges while still striving order to reach its audacious goals. Basically, the employees are the basic souls in order to run their business working sector, and in case if there is any problem, the CEO needs to understand their team problems and let them face their own problems in order to reach their goal and the risk of making any mistakes is probably grateful for any employee who is working and focused on other things. Thus, the CEO must understand the business problems which arise out of anyone’s control. The role of a CEO is probably the difficult or versatile factor as they are the ones who basically face their company through certain internal and external stakeholders, working closely with the business management, the boards, and the public, and also maintains responsibility for the long-term strategy of the company and installing their brand values in their working employees. Sometimes lack of transparency can also affect the business platform since, when an employee gets to believe that their CEO is hiding any basic information or failing to act openly, they usually begin to question their decisions. In a certain survey, around 94% of employees indicated that their trust between employees and senior leaders was critical while only 62% actually trusted their organizational leadership. So the CEOs need to focus and allow a transparency behavior that allows deep trust and credibility in their business leadership. It may look like an obvious fact but the market scenario always keeps on changing as time goes on. So, it is very important that every business leader needs to think outside their own thoughts because sometimes there are better ways for achieving their business goals. When a CEO thinks outside their own box, it makes them and their company a new stand out to their customers and business prospects in the market scenario.

Some of the Top CEOs around the business scenarios in 2021:-

a)Rich Lesser( CEO of the American global management consultancy- The Boston Consulting Group).

b)Shantanu Narayan(Chairman, President, and CEO of Adobe Inc.)

c)Gary C Kelley(Chairman and CEO of The SouthWest Airlines).

d)Satya Nadella(Chairman and CEO of Microsoft).

e)Paul Cormier(President and CEO of Red Hat).

f)Horacio D Rozanski( President and CEO of Booz Allen Hamilton).

Being a successful CEO is probably carrying a new responsibility and guiding your employees with exact business advice for working perfectly and being motivated in their working sector in order to perform well in the global market.

Certain Skills A CEO requires for running their business platform:-

a) Strong communication skills:: Being a business or startup leader, the CEO needs to have strong communication skills in order to allow communication with their business partners and employees working under their company. Thus, communication is the basic key in any business setting, and being a business leader of that probable company, a CEO needs to learn how to communicate effectively with their audience in order to boost their business growth. By motivating his or her team for completing the business projects in a proper manner and at a fixed time, a CEO must be able to communicate what their teams basically requires, from whom, what methods or business tools are needed, when they need it by and how things should be done sincerely. On a certain business quote, the top executives are consistently transparent and allow balance in their business communication as they allow effective translation in the view of their business potential and challenges, and expectations by using direct and readily understandable language that could be easily for allowing effective connections with their working teams.

b)Ability to be Innovative:: As the business sector is getting effective through the certain effects of globalization or liberalization in the business platform, probably a competitive business environment usually allows escalating through inflation and rapid technological advancements in certain areas allow the basic mean which the organizations are faced through the rapid changing business environment. The basic value in order to become successful for any organization is that they need to be able to innovate on a continuous basis and allow delivering of the huge range of features in their products and services which is yet marketed by their competitors or become trending in the current market. Thus, a CEO needs to ideally anticipate their own future and design a set of business strategies that allows effective change and results in business profitability in the long term.

c)Vision:: Being a business CEO, the business leader needs to have a proper vision in order to reach their business goals very quickly such as Steve Jobs, Elon Musk, Indra Nooyi, etc. The business CEO also needs to be able to compel their business communication through that vision in order to inspire, motivate and lead their working partners or teams to contribute to its success path quickly. In order to improve or develop their business ability by having a successful and positive vision, surround yourself with those leaders or individuals who basically have bigger visions or positive mindsets in their business uplifting. Ambition and optimism are the two good things for the company and the head of the company needs to have believed in their business goals and having inspiration for others in the form of your vision is an important tool in order to be a business CEO.

d) Collaborative with employees:: CEOs are basically known for their sharp minds, decisiveness, and business attitude since, top-performing CEOs usually understand that if their business organization is reaching the level of higher positions such as Fortune 500 companies, they should get their entire organization to think on that same way. According to a job satisfaction and engagement survey, 48% of employees considered frequent communication between employees and considers senior leadership to be very important in their business ability for allowing engagement. For example, Larry Page, a parent company of Google, basically hosted frequent employee conference calls known as TGIF or thank god it's Friday for allowing discussion for their ongoing company objectives, activities, and action items. They begin each call by sharing status updates of previous business discussions including their executive staff who is securing their company’s future and thus, all the employees have the chance to ask questions and collaborate on ideas the executives discussed. Having employee engagement with their CEOs in order to collaborate and share their own ideas and share their views in the business platform for making their sense of ownership and also permits insights into the company’s goals and encourages them to engage in its success with ideas of their own.

e) Approachability:: Having the title of the CEO hugely carries a lot of weight and responsibility and allows to create a working atmosphere of avoiding their intimidation in the business sector. The business title alone can also allow discouraging for their employees from approaching their leadership for conversing on certain business matters that are critical to the ongoing business operations. Having a business atmosphere of approachability basically allows the CEOs to encourage the employees for sharing their own ideas, concerns, and feedback which is vital for their company success and thus results in building stronger relationships and deep trust in the leadership between the CEO and the employees. Being a CEO who has exact influence based on their working title may allow intimidation on their employees to act on their working platforms in the rightful direction.

f) Higher Emotional Intelligence:: Basically, certain CEOs of many successful business corporations know the basic part for their success which is attributed to their employee collaboration. Stronger CEOs always have Carrie’s belief in forming a strong network or bond with their working teams and knowing the best way usually allows a mutually beneficial bond between them. CEOs are not always extroverted but they can easily read their people’s emotions and are generally warmer in their thoughts for allowing easier approach, trustworthy and uplifting behavior. The CEO is the main part of any company’s culture as their strengths, values and personal struggles are reflected upon the organization as a whole. Thus, emotionally intelligent CEOs are basically required for any of their emotionally intelligent companies in order to grow their business goals and as the CEOs build up their EI in themselves, it basically allows positive impact and reflection in their leadership culture.

g) Understanding their employees:: A CEO should always understand their employee's matters in and out of the workplace since, employees are those people who basically live outside their work sector, and if there’s an emergency, a CEO should always understand and let the employees handle it in their own way. The risk of making mistakes is far greater if any of the employees are working under them and focussing on other things. A CEO should always understand their worker's minds and certain problems that usually arise out of anyone’s control and accept those situations and allow handling things accordingly.

:: In order to be a successful CEO, you need clearly define your leadership skills so that others could able to follow your business model in a systematic manner. If you do not provide the leadership your organization needs, then, people will seek it from other platforms undermining your influence and credibility. As an aspiring and effective CEO, you need to communicate clearly and consistently so that the employees could work for your company properly through their basic understanding of the productive and effective way.

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《¤》Most Important Skills ‘a CEO’ Should Have To Run Business:- 👩🏻‍💼👨🏻‍💼💡📋🏢《¤》

Published in The Early Bird’s Club

Written by Dona Ghosh Dastidar