8 Rules Every CEO & Executive Should Know About Themselves

8 Rules Every CEO & Executive Should Know About Themselves

02 Mar 2024


Rules Every Executive Should Know About Themselves

By Kieran Perry - Business Coach London

An understanding, then, of people of why they are what they are, of why they behave the way they do-is one of the most vital attributes to executive success. People are the principal asset of any company, whether it makes things to sell, sells things made by other people, or supplies intangible services. Nothing moves until your people can make it move. A. H. Smith, a former president of one of an American leading railroads, once defined his business this way: "A railroad is 95 per cent men and 5 percent iron."

The same principle holds true for every other kind of business organisation, including your own. How well do you get along with people?

What Company Leaders Should Know About Themselves

If you want me to spell this whole matter out in a little more detail, let me quote. eight rules for executive success as given by Dr. Lydia Giberson, noted medical consultant. You will observe that, with the exception of one of them, they all have to do with improving human relations:

Executive Training

  • Acquire the art of kindliness and persuasion. Kindliness is an attribute of the strong.
  • Put consideration of human dignity. above pay, promotion, or environment. Get rid of 'double standards of behaviour': one for workers, and another for management.
  • Start a request to subordinates with 'please. Proper words and actions inspire confidence.
  • Give credit where credit is due. Praise fearlessly. If you must tell somebody off, never do it in front of others. Most people's self-esteem can't take it.
  • Don't be afraid to make changes. If something has been done in a particular way for 20 years, that alone is often a sign that it is being done wrong.
  • In handling grievances, let the employee tell his full story without interruption. A kind word will help.
  • Learn to listen. The occupational disease of a poor executive is inability to listen.
  • How do you "stack up" as an executive under these rules?

 

There are many other traits an executive must have if he is to be highly successful . Some of the most commonly mentioned are character , integrity loyalty , good judgement and industriousness ,no rule for success will ever work if you don’t !

Personal Skills Audit 

Embarking on a journey of self-discovery and growth, executives must first conduct a thorough Personal Skills Audit to navigate the complexities of leadership effectively.

  • Self-awareness: Understanding one's strengths and weaknesses is crucial for effective leadership.
  • Objective Assessment: Executives must conduct an honest evaluation of their skills and competencies.
  • Identifying Gaps: Pinpointing areas needing improvement allows for targeted development efforts.
  • Feedback Solicitation: Seeking input from colleagues and mentors provides valuable insights.
  • Continuous Learning: Executives should commit to ongoing skill enhancement to stay competitive.
  • Alignment with Goals: Ensuring personal skills align with organizational objectives enhances performance.
  • Adaptability: Executives must adapt their skill set to meet evolving industry demands.
  • Prioritization: Focus on honing skills that are most relevant and impactful for leadership roles.
  • Accountability: Taking ownership of personal development fosters professional growth.
  • Reflection: Regularly reflecting on personal skills aids in identifying progress and areas for further improvement.

 

Top CEO Skills

One is the quality of courage the willingness to "stick your neck out," to innovate, to make changes (and occasionally mistakes)-in a word, to be progressive Call it what you will, it marks the mature executive from the immature executive, the man who on top of his job from the man whose job is on top of him.

Too many would-be CEOs and executives are slaves of routine. They don't seem to realise, as Dr. Giberson points out, that the mere fact that something has been done the same way for 20 years is often a sign it is being done wrong. 

CEO Training

Interactive Business Skills

Embark on a journey of professional growth and organisational excellence through CEO training, where leaders hone their skills and unlock a wealth of benefits. Explore how this transformative experience empowers executives with strategic vision, decision-making agility, and stakeholder engagement mastery. Delve into crisis management preparedness, innovation leadership, and global market insight, shaping CEOs into dynamic and ethical leaders. From succession planning expertise to personal branding and influence, discover how CEO training advocates for work-life balance while fostering a culture of innovation and integrity within organizations.

  1. Strategic Vision Enhancement: CEO training helps sharpen strategic thinking, enabling leaders to envision and articulate the company's long-term goals effectively.
  2. Decision-Making Agility: By exposing CEOs to diverse scenarios and case studies, training enhances their ability to make informed decisions swiftly, even in high-pressure situations.
  3. Stakeholder Engagement Mastery: Effective CEO training equips leaders with the skills to engage stakeholders, fostering trust and collaboration among investors, employees, customers, and the community.
  4. Crisis Management Preparedness: Training prepares CEOs to navigate unexpected crises by providing frameworks and strategies to mitigate risks, preserve reputation, and ensure business continuity.
  5. Innovation Leadership: CEOs trained in innovation leadership inspire creativity and experimentation within their organisations, driving a culture of continuous improvement and adaptation to market changes.
  6. Global Market Insight: CEO training often includes exposure to global trends and best practices, equipping leaders with the knowledge to navigate international markets and capitalise on emerging opportunities.
  7. Ethical Leadership Development: CEOs undergo training to reinforce ethical principles, fostering a culture of integrity and accountability throughout the organisation.
  8. Succession Planning Expertise: CEO training emphasizes the importance of succession planning, ensuring a smooth transition of leadership and continuity of strategic direction for long-term organisational success.
  9. Personal Branding and Influence: Training helps CEOs build a strong personal brand and develop influential leadership styles, enhancing their ability to inspire, motivate, and lead by example.
  10. Work-Life Balance Advocacy: CEO training addresses the importance of work-life balance, promoting well-being practices that improve CEOs' effectiveness, resilience, and overall satisfaction in both professional and personal spheres.

 

Team Leadership Training

Investing in team leadership training yields multifaceted benefits for organisations. By equipping team leaders with the necessary skills and knowledge, such programs foster cohesive teamwork, enhance communication, and promote a shared sense of purpose among team members. Effective leadership training empowers leaders to inspire and motivate their teams, leading to increased productivity, higher morale, and improved employee retention.

Also, it cultivates a culture of continuous improvement, where leaders and their teams strive for excellence while adapting to evolving challenges. Ultimately, the investment in team leadership training not only strengthens individual leaders but also fortifies the organisation as a whole, driving sustainable success.

Life Business Coach

Kieran Perry is a trusted business coach and sales mentor working in London, offering business coaching, sales training, executive mentoring, and management consultancy to clients across the UK and Ireland.

He has a proven track record of helping businesses of all sizes and industries achieve their goals. Kieran shares his insights and strategies for success through his blog and offers sales training courses to improve sales skills and techniques.

For those seeking business advisors, Kieran Perry is an excellent choice with online coaching and training sessions available. Follow him on Instagram to learn more about his services.

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His services include independent business advice, business coaching, sales training, executive mentoring and management consultancy to business owners, directors, start-ups and individuals across the UK and online. To read more on his business advice view his Blog for more business strategies, or see his Pricing, or Reviews . Follow Kieran on Instagram.