Five characteristics of a successful executive
1. Proficient time managers make up effective executives.
According to Becky Sharpe, being a successful CEO requires efficient time management. In her capacity as CEO of International Scholarship and Tuition Services, she uses accountability charts across her company to make sure that everyone is aware of the tasks and meetings that need to be completed.
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The charts assist them in maintaining the proper focus of their attention. For Sharpe, it entails investing her time in research and development, connections, culture, new ideas, and proving the value of emotional intelligence.
Leaders are setting a poor example for their staff when they let themselves get overbooked and therefore exhausted and overworked.
According to Sharpe, “the team will view what the leader does as appropriate.” “You will receive the same in return if you deliver late. Your society will lack trust as a result of broken promises, which makes people afraid to express their opinions and tell the truth.
Like in a medical emergency room, Guzman explains to CEOs he teaches that time management is truly about managing priorities.
“You have to constantly navigate that terrain in the emergency room department, and you have to learn how to set priorities based on what’s most important,” he adds. “It is a skill set, and executives must be able to manage their priorities and focus on what is most important in order to be effective leaders.”
2. Successful business leaders capitalize on their advantages.
To determine a person’s strengths and skill sets, there are innumerable evaluation instruments available. Although they work well, Sharpe thinks it’s crucial to discuss her strengths and areas for development with coworkers.
Sharpe avoids significant discrepancies in her perception of her strengths and those of others by putting this into practice.
In order to keep improving and developing her talents and abilities, she examines these viewpoints every three months.
According to Sharpe, “what gets watered grows just like a seed.” I write about and exercise my abilities in order to better develop and build upon them. I also tell those who can hold me responsible and motivate me to strengthen myself about my intention to do so.
3. Successful CEOs accept accountability for their choices.
Decisions taken by the company should be in line with previously defined and approved objectives or projects.
Effective leaders exemplify the maxim that there is no “I” in “team” when a choice is successful by praising the individuals and teams who contributed to the decision.
Guzman asserts that the most successful leaders walk alongside their followers rather than in front of them.
When a choice doesn’t work out, good leaders are forthright about their part in it.
According to Sharpe, “if coworkers contributed to a poor choice, those discussions take place in private.” “The most successful leaders never use blame or public humiliation to shield themselves when they make a mistake.”
4. Successful businesspeople concentrate on opportunities
Successful executives have a forward-thinking outlook and are concerned with the short- and long-term goals of their company.
According to Sharpe, humility and a willingness to accept that one does not know everything are necessary for effective forward-thinking. Being able to spot potential possibilities in the future is vital, but so is hearing what other people have to say.
In order for new concepts, markets, and technologies to excite rather than terrify, she continues, “being forward-thinking means being enthusiastic about being a beginner.”
“It’s important to embrace and share stories and responses to opportunities from the past to help focus on the future,” adds Sharpe.
“It takes a desire and/or willingness to listen to the young people,” she says, “to share the stories of ‘before’ that show you’ve always embraced growing and improving all aspects of an organization, and an open communication style about what you see coming in the future.” This would demonstrate the ability to look forward to the rest of the company.
Guzman clarified that while forward-thinking is vital, it’s equally crucial to pay attention to the day-to-day operations of the company. According to him, certain CEOs are capable of doing both. However, the majority require a co-executive who can focus on day-to-day operations.
“Having balance in an organization is absolutely necessary,” Guzman asserts. “When a forward-thinking CEO or leader lacks that partnership, everyone begins to criticize that leader because they perceive them as airy and unanchored.”
5. Successful leaders prioritize their company.
Successful leaders show that they care about their staff members’ development and well-being by doing more than just talking the talk.
Guzman adds, “I’ve witnessed it far too often where leaders claim to be invested and committed to empowering their staff and changing the culture, but their actions fall far short.” “Until people realize how much you care, they don’t care how much you know.”
According to Sharpe, active listening and straightforward communication are hallmarks of demonstrating your concern. Effective executives justify the significance of a good concept and explain its position on the overall corporate priority list if it cannot be put into action.
Additionally, according to Sharpe, “effective executives give their employees space and time to share what motivates them and genuinely care about their well-being.” “Successful executives don’t steal the limelight; they make it available to others.”
Although each person must approach leadership in their own manner, Sharpe and Guzman reaffirmed that by combining these five qualities, a person’s leadership style—as well as the individuals and organizations they lead—will thrive.
