MANAGING in the

NEW WORLD

There are certain key practices and mindsets followed by the best of CEOs across the globe irrespective of industry. Their personal working norms adhere by the principle of only doing what they are capable of. As a result, they manage their office time and energy, while strictly guarding against any chances of hubris setting in. Authenticity is their leadership model of choice. They are also adept at curating the right corporate strategy, taking in to account the company vision and appropriate resource allocation. They always take in a long- term view towards the external stakeholders. A guiding social purpose is often behind their business decisions. Excellent CEOs also work with the directors towards achieving the business goals. For this, they build the right relationships at work. Organizational alignment is key to them, so the talent recruitment is done in a way to align the personnel to value generation. Employee engagement is just one part of culture building. And finally, these excellent CEOs build their teams. Decision making is unbiased, management practices are seemingly coherent and teamwork thrives.

Source:https://www.mckinsey.com/business-functions/strategy-and-corporate-finance/our-insights/the-mindsets-and-practices-of-excellent-ceos

Uploaded Date:06 January 2020

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