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The secrets of CEOs
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Transcript of The secrets of CEOs
Wednesday, March 14, 2012
Chapter 13Preparing to lead
Wednesday, March 14, 2012
Aspiration to be a...
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CEO
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You need to have a career mission
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Wanting to realize your potential and make significant difference in business and beyond
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There’s no defined path to
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Majority of CEOs got a sense of their career mission in late 20s or 30s
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Triggers
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Sick with bureaucracy
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Not to be bossed around
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Economic independent
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Career planning is outdated
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Broad phases of leadership development
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Dream big
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No short cuts and promises
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Be passionate
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Leadership apprenticeship
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First few years get your hands dirty...
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Take risk
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Apprentice take many forms, life is not a game of chess.
Accumulate board experience.
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Make your first job as fast stable
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Work with leading
brands or companies
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Get the basic right
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Get broad experience as fast as possible
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A failed early-stage business was a CV stain
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Join a start up
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Have a period in entrepreneurial high growth business.
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Get close to the customers
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Get experience of 2-3 industries,3-4 functions within them.
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Working under different capital structures: Private equity owner
Family businessMNC
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Go where the growth and opportunities are going to be
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Growth industries mean disruption and innovation
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Learn to work under constant
changes and chaos
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Work globally
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Able to work with different cultures
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You know nothing early on until you’re past 40
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Adventurous
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Learn about your maximum potential
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Don’t get too comfortable
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Ideally, work with great
leader
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Observe how he leads the transformation
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Develop tomorrow’s
leadership habits
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Adapt the mindsets of a CEO
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Develop winning habits, but know how to lose
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Fail and able to rebound
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Learn how to deal with difficult peopleearly in the career
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Try to pick up a coach or mentor early on
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Taking key role
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Successfully taking responsibility for key elements of the company’s growth agenda, ideally a mix of acquisitions, partnerships, new ventures, and key game-changing or future proofing projects.
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“By 30s should experience managing people and...
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Assets for the Everest
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Relevant business and personal leadership skills and experiences that you’ve been
building up over time.
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Your responsibility
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Your reputation in the market
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Network
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Excel with the job and observe the business
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When should you leave?
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Stop believing value and culture of the business you’re in.
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Unsure whether to stay.
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Don’t need to feel 100% sure for the next job.
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Chapter 13Preparing to lead
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