Top 10 Qualities Every Company CEO Must Have

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These are the men & women of the moment, the people who are heading multi-billion dollars’ worth of businesses all around the globe, they are running the world’s economy and making differences in the lives of millions they employ – they are known to us as CEO. The Chief Executive Officer of a company, the highest point of decision making in a business organization, and the person who is responsible for the success or failure of a business. The Chief Executive Officer is responsible for the running of the company, that is, its management, organization and well-being. They report to the Board of Directors in the company and offer leadership, direction and purpose to it.

CEOs are generally leaders, they are entrepreneurs who are functioned to lead a business house towards success, and they form the strategies, manage tasks, delegate responsibilities and are lone communication point between the corporate functions of a business and the board of directors. They have emerged as the most important people in the corporate world because of the influence that their position wields on the fortune of a company. A CEO can make or break a company with his/her actions. They are the most-sought after species in the corporate world because the qualities that are required to be an A-grade CEO are a rarity and perhaps that is the reason why they are so handsomely paid. Below we list out the ten qualities that make for a great Chief Executive Officer.

 

1.  Capacity to Inspire – For when the chips are down

Inspire

A CEO needs to have the uncanny ability to see in the future and also make his team members see the same image he sees. He needs to keep inspiring his team towards achieving the goal and required tasks during time when energies will be fading, stress will overtake and nothing will seem going right. A good CEO will recognize that in order to keep his staff motivated and productive he/she will not to give them a break now and then. Inspiration can come from making the employees feel part of the bigger plan through equity shares in the company, bonuses or other benefits.

 

2. Dedication – Vital for success

Dedication

When you as a leader will lead by example in delivering quality and hard work you will be able to motivate and expect the same out of your followers too. By being in the trenches with others at work and being totally dedicated to the goals and values of the company will you be able to earn the respect and admiration of your juniors who will then try to emulate you. By setting the standard of dedication him/herself a CEO can keep getting the quality of work he/she needs on a regular basis.

 

3. Creativity – Getting out of the comfort zone

Creativity

A quality that keeps all the successful CEOs remain successful is creativity. In the world of cut-throat competition and constant challenges, one needs to be able to think on their feet and find new and improvised ways of solving challenges and getting out of tough situations. In critical situations your employees will look to you for guidance and motivation, and your creativity will help them get out of such situations.

 

4. Rewarding small achievements – Celebrating success

Rewarding small achievements

A CEO today needs to be able to realize the small achievement of his team and should celebrate these achievements which will lead to the achievement of the bigger goal. CEOs should be able to recognize such opportunities for celebrations as it helps the team to keep their focus on the larger goal, understand they are moving in the right direction and also imbibe the concept of change healthily.

 

5. Positivity – A great virtue

Positivity

A quality that that goes hand in hand with humor, positivity is a quality that all great leaders have and CEOs are no exception to it. When the tide is against you it is the eternal optimist who sails through in the end and achieves his/her goals. Positivity is also related to motivation which helps you in keeping your team focused on the bigger picture; qualities like positivity and motivation are mark of a great leader as it helps them carry their team to the finish line when some of the members are losing steam.

 

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