Trust your instincts. How many times have we heard this phrase as advice for leaders? We shouldn't deny the importance of leadership instincts, but at the same time, we also should view them with skepticism. Many of our “instincts” are actually habits that were formed over decades in many different environments.
CEOs face all kinds of challenges when it comes to forming and maintaining an effective and cohesive leadership team. Trying to do so as the result of a merger during slack U.S. economic conditions is one of the most challenging situations of all.
Samsung's disastrous Galaxy 7 Note smartphone recall shows the perils of fostering an authoritarian management culture.
Research into how the federal government actually functions would scare anyone off.
Companies with more female senior managers are likely to perform better across a variety of measures, including sales growth, return on equity, debt levels and share-price appreciation, according to an analysis by Credit Suisse.
Even for people with years of experience, mentoring and guidance, making the leap to an executive leadership position is a challenge hard to fully prepare for. There’s no way to understand what it’s like to sit in an executive chair until you get there.
Early on, every Pixar film "sucks", Ed Catmall, president of the animation studio once famously said. The important thing is getting it from "suck" to "not suck", he added, by taking ideas through a refinement process that can involve directors offering each other critical yet constructive feedback. There is a lot CEOs can learn from that message.
So what does it take to make it as a leader? Hard work? Talent? The ability to handle pressure? While all of these qualities are indeed important, it appears a crucial determinant is how many different job functions aspirants have performed over the course of their career.
Always look toward the long-term, take risks and find your own personal voice. Those are just some of the ways in which the most influential women of the middle market have become successful and remain so consistently.
If you want strong leaders in the future, start developing them now—don’t wait until they’re already in leadership positions to give them the coaching they need.