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Sunday, July 11, 2010

Qualities and Competencies to Become Successful CEO

  • Start thinking and behaving like a CEO at whatever level you are at present. Everyone is really a CEO of his own job. If he starts handling his job the way a CEO handles the corporation, he shows a definite potential of a future CEO of a company. Refer: (Ownership on Job) http://job-ownership.blogspot.com/, (Genuine Professional) http://knol.google.com/k/shyam-bhatawdekar/the-genuine-professional/6txz9nck6g3/10#
  • CEO should have the competency of looking at the “whole”: outside of the company and inside of the company. He should be able to assimilate and link together the entire factors of business: people, economy, governments, markets, customers, employees, technology, business associates and the lot. CEO’s assumptions or paradigms about each of these factors should be correct; otherwise there would surely be problem(s) for the company in the future.
  • CEO should have a great vision. He should be able to foresee what is good for the organization and what is not and organize the necessary decisions and actions. He should be able to ask questions like what the company’s business should be and what it should not be and then, should be able to find the right answers.
  • CEO has to be very courageous. Having envisioned the changes needed, he should have sufficient guts to lead those changes.
  • CEO should have the competencies to uphold high standards of ethics even under trying times.
  • CEO should have competency of keeping his organization clean legally, always on the right side of the law. Refer: (Corporate Governance) http://corporate-governance-policy.blogspot.com/
  • CEO cannot just have only result orientation. Equally important is his process orientation. The two together set tone for long term as well as short term successes.
  • CEO should be great in strategic planning and goal setting. Setting up of the strategies and goals for the organization gives the road maps, mile stones and destinations as an effective guide to its people. Also refer: (Strategic Management) http://strategic-managing.blogspot.com/ and (Goal/Target Setting) http://goal-target-setting.blogspot.com/
  • CEO should be able to communicate with all sorts of people everywhere, effectively. It includes his convincing and influencing abilities. It includes his keen listening abilities and interpersonal relations. It includes his consensus and team building skills.
  • CEO should be good in his analysis, judgments, decision making and firmness.
  • CEO should have great eyes for the talents.
  • On the whole, CEO should possess excellent leadership qualities. Refer: (Leadership) http://lead-max.blogspot.com/
(You can download eBook "Competencies and Competency Matrix" from http://nbuu.co/cm)