The Personality Traits of a Good CEO
It is not easy to find a good CEO; there are not a lot of people who have the necessary skills. The problem is made even worse by the fact that most people really have no idea what to look for in a CEO. In reality it is the personality traits that the CEO has that are most important in determining how successful he is likely to be at the job.
Probably the most important trait that a good CEO has to have is that they have to be a good leader. A big part of the job of a CEO is to lead the other employees of the company so they need to be good at it. One of the challenges that many companies face when they are hiring a CEO is that it can be difficult to determine exactly what makes a good leader. There are all sorts of different qualities that a leader can have so there is no model that applies in all cases. As long as people are willing to follow them they are a good leader.
Another important trait that a good CEO has to have is vision. One of the most important tasks that a CEO can have is planning for the future of the company. This is another of those things that can be hard to assess when you are hiring somebody. Most people at a company are focused almost exclusively on the things that need to be done right now. A CEO has to be able to step back and look at where the company needs to go in the future.
It is important that a CEO have the courage to make the tough decisions. This is something that businessman Steven Heyer points out most people are unable to do. Very few people want to have to take responsibility for having to make the final decision so they usually look to pass it off to somebody else. This is not something that the CEO can do, as the one who is ultimately in charge they are also the one who ultimately has to be responsible for making the tough calls. They also have to have the courage to take responsibility for the results of those decisions.
A good CEO has to be willing to take risks but do so in a smart way. There will be times when it is necessary to take a risk and a CEO who always takes the cautious approach will miss lots of opportunities. At the same time they cannot be taking so much risk that it puts the company in a dangerous spot. Having good judgment when it comes to taking risks is critical for CEO. They can't be afraid of risk but they also can't take unnecessary risks.