Becoming an excellent Chief Executive Officer is one of the ultimate goals people aspire to achieve in their life. A CEO is the highest ranked executive officer of a company and sets the strategy as well as the future direction of a business or company. Many ambitions professionals aspire to and work their ladder up to become CEOs. But what does it take to become one? What can you do today to set yourself on the path of becoming a CEO?
The Role of CEO
From one organization to the other, the role of a CEO differ. This difference is brought up by the unique demands of each business as well as the structure of the board. But typical tasks include creating and implementing the mission, vision, strategy and the overall direction of a company. CEOs work at formulating a strategic plan and representing the organization on all matters including media.
What it takes to become a CEO
If you are looking forward to becoming a CEO, you will require a great amount of knowledge, focus, intelligence, determination and business flair. Because the career pyramid gets narrow as you move up the ladder, it means there is no shortage of suitable candidates interested to fill the role of a CEO.
The requirements of a modern CEO continue to evolve as a business operates in a very competitive and dynamic environment. In most cases, a great CEO has a strong educational background with a wide experience in various business fields. They also have a proven work experience. CEOs evolve to become better professionals as they acquire knowledge, sound judgment and wisdom over time.
Personal Qualities of CEOs
When it comes to personal qualities, CEOs need to be excellent communicators capable of giving both expert directions and well-thought opinions. They must be always energetic, motivated, ever objective, calm under pressure and creative. They should be able to give solutions where it appears clear no any.
Anyone with preliminary skills and experience has the opportunity to become CEO. In some cases, some candidates have a better chance of becoming CEOs over others – a good example is if becoming a CEO is based on background, family companies among others. Patience is a fundamental stepping stone to reaching the top job.
There are some important and specific skills you need to become a CEO. First, as a CEO, you are the keeper of a company’s vision. You are the leader of the company and you must be willing to absorb the pain for the team. You must be ready to take a great burden of stress, mental torture as well as pain. You must be excellent in scouting talent and recruiting. Find the smartest people to join your team and delegate tasks.
As a CEO, you must be a good link between the company and investors. A good investor picks 2-3 companies per year to work with; you must make investors work easier. Be able to learn on the job as you will be required to be good at almost everything. You must have the courage and unwavering ability to say NO. Additionally, you must have some technical knowledge and skillsets.