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Skills required six leaders of the new era creatively
Creativity
Sensitivity
Vision
Diversity
Focus
Patience
Relentless innovation, Focus, Resilience, Adaptability, Re imagining
Aspiring CEOs often view the work of visionary leaders such as Elon Musk and Alan Mullaly and promptly place them on a pedestal. You may believe that the leaders you admire are smarter, luckier or more creative than you, but the traits that make them wildly successful can be honed over time.
These characteristics have dictated how these leaders have responded in the face of adversity, maximized available resources and made the decisions that set them apart. Here are five CEOs I admire and the traits entrepreneurs can hone to duplicate their success.
1. Elon Musk: Relentless innovationElon Musk, CEO of SpaceX and Tesla Motors, has revolutionized entire industries with his focus on moving beyond the status quo.
Related: 6 Personality Traits That Can Make You a More Trusted Entrepreneur
Both companies faced bankruptcy in 2008, and Musk was forced to decide between allocating his remaining funds between the companies or focusing on one. He felt compelled to support both ventures, and the risk paid off. Tesla is trumping Ford and General Motors with gross profit margins well over 20 percent, while SpaceX was one of two companies chosen by NASA to develop the next generation of systems to take U.S. astronauts to the International Space Station.
“If things are not failing,” Musk says, “you are not innovating enough.”
2. Nick Woodman: FocusGoPro CEO Nick Woodman’s idea was born from a personal problem: not being able to take great pictures and videos while surfing. After months of intense focus, a prototype was born. Woodman is now focused on building a bigger platform to allow GoPro users to easily share videos.
Founded 12 years ago, GoPro has made Woodman worth $1.3 billion. The company name is almost synonymous with the product category, like Xerox once was with copying.
3. Alan Mulally: ResilienceAs Ford Motor Company’s former president and CEO, Alan Mulally is behind “one of the most impressive corporate turnarounds in history.” Mulally guided Ford out of billions in losses and avoided bankruptcy without government bailouts. His focus on teamwork and accountability created a new company culture that drove results and focused on positive leadership with a vision toward moving forward.
4. Shantanu Narayen: AdaptabilityBusinesses that become stagnant usually die. Adobe Systems CEO Shantanu Narayen looked down the road and didn’t see a future that included distributing software on physical discs. He decided to change the widely-used Adobe Creative Suite to a subscription-based model.
He wasn’t the first, as Netflix had added streaming to its DVD rental services. But Adobe’s graphic design empire was built on its box sets and annual releases of new versions. Narayen boldly changed his company’s distribution model, and the growth in subscription members has proven its success.
Related: The 8 Instinctive Habits of Remarkable Leaders
5. Philip Krim: ReimaginingCasper CEO Philip Krim, along with his co-founders, has completely reimagined the process of buying a bed. From the price to the delivery -- the mattresses are shipped compressed in reasonably sized boxes -- this startup has thought through the entire process, including a 100-day trial period.
The company, which launched in April, raised more than $15 million in funding and earned more than $1 million in revenue in its first month of business. Krim’s success proves that innovation isn’t only for high-tech industries.
How to cultivate your own successful traitsAs a leader, you may not embody all of the traits mentioned above, and that’s OK. It’s important to know which traits come naturally to you and which may not.
While you don’t have to follow all the advice you receive, remain receptive to new ideas. As you accumulate experience, examine your actions and ask for regular feedback to discover your strengths and weaknesses.
To develop your own leadership style, find a variety of mentors. Mentors can provide experienced perspectives to help you determine the best way to respond to business challenges. These mentors could be peers, potential investors or leaders from entirely different industries.
Don’t just rely on your mentors’ experience -- search for case studies. Consume as many news stories, articles, documentaries, books and blog posts as you can to learn how others approach challenges.
Finally, network to gain additional perspectives. Take advantage of workshops, conferences and other opportunities focused on leadership development to learn new skills and network with others who can offer diverse points of view.
Many of the leaders you admire aren’t superhuman -- they’ve honed their ability to utilize their best traits to drive positive change within their organizations. Your approach to a situation can mean the difference between positive mental health and burnout, profit and loss and success and failure. When you learn to harness your greatest strengths, you become a better leader and a catalyst for change.
Related: The Difference Between Successful and Very Successful People
The CEO is the head of the company and therefore the responsibility for the entire company rests upon their shoulders.
The following skills are necessary and need to be learned if you have dreams of becoming a CEO, or want to ensure that your term in that position is profitable for you and your company alike.
The Ability to Be Innovative
Globalization, a competitive business environment, escalating inflation and rapid technological advancement all mean that organizations are faced with a rapidly changing business environment.
The key to success for any organization is to be able to innovate on a continuous basis and deliver a range of features in their products and services that are not yet marketed by their competitors. A CEO must ideally be able to anticipate the future and design a set of strategies that effectively combat change and result in profitability in the long term.
A Risk Taker
A CEO must ideally be able to take calculated risks after conducting an in-depth evaluation of the probabilities associated with the profit and loss outcomes of the decision.
Any individual that is risk-averse is not generally suitable as a CEO candidate, as an executive that has an inability to take risk is likely to force the company to lag behind other competitors. A CEO should be able to take risks, although the risks must not jeopardize the survival or the profitability of the company.
An Optimistic Nature
A CEO should have an optimistic nature in general, and able to identify opportunities even within difficult situations.
The individual must be able to think outside the box and design strategies that can effectively combat the threats faced by the organization, while inspiring others to keep a positive attitude and work hard to get through bad times.
Leader is the one who,
1) Develops new leader
2) Leads from the front
3) Owns the responsibility
4) Owns the criticism as well
5) Always learns from everyone
6) Is Credible, Honest and punctual
7) Always speak from the mind
I would suggest for a CEO to have a very good managerial skills, along with few of the above qualities because having all the above criteria's wont him good CEO.
I agree with the answers provided by Mr. Khalid, Mr. Smeer and Mr. Tarig.
Fully Agree with Omar Saad Ibrahem عمر سعد ابراهيم answer.
CEO must possess clear vision, innovative qualities, risk taking abilities, knowledge about his job, aware of competition from others, skill to comprehend future prospects, finding new ways to expand business, ability to retain and recruit top skilled people who will be back bone of organization and most imprtantly flexible and adjustable to changed conditions.
Thank you for the invitation I agree with the answers of experts and specialists
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