The bets of CEOs are those who emerge during crisis situations. A perfect example of this is Bob Dudley who took over the reigns of British Petroleum (BP) post the oil-spill on the Gulf of Mexico. A crises CEO is one who is well-prepared and accepts where flaws exist within the system. Such leaders are very good at identifying risks and mitigating them. They are very good at talent management as they focus on people first. They are level-headed most of the times. Management systems and people hierarchies are kept agile at places where these leaders rule. These CEOs are very good at collaboration and teamwork. Though they bear the brunt of the responsibility, they are not afraid to take due advice from team members.

https://knowledge.insead.edu/leadership-organisations/the-best-ceos-are-ready-for-crises-9241

Uploaded Date:14 June 2018