These meetings will yield great payoffs if you deliver on some basic tenets. One-on-one coaching sessions with your direct reports are the foundation of these crucial relationships. Have regular coaching sessions with your executive teamĭevelop relationships with your executive team based on candor and accountability. You will coach others to step up and move the enterprise forward according to the strategy you put into play.
You are not just the chief executive, you are the chief mentor. Employ research, analysis and perspective.Ĭonsider these steps from Vistage Speaker Marc Emmer, President of Optimize Inc., to encourage a rigorous strategy development process:ĭeveloping your people is where you should spend the majority of your time.” - Robin Stanaland, Vistage Chair In building strategy, be disciplined and eschew shortcuts. Let the musicians master their instruments you are the conductor now. You need to step back and work on your business. Seasoned chief executives offer this advice for first-time CEOs tackling strategic planning: The fastest way to screw up your company is to become an activity junkie and mire yourself in details, says Vistage Chair Dan Wertenberg.ĭon’t fall prey to the temptation of getting in the business and solving problems. As CEO, you have the power and scope to determine the direction of your organization. Setting your company’s course is arguably the most significant and daunting responsibility you will face.Īfter all, a company without strategy won’t last long. Accelerate your leadership development with this First-time CEO Survival Guide.
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