With any business, it’s vital that CEOs focus on being effective leaders and avoid letting the desire for more profit overshadow their talent for leadership. To be a successful CEO, there are certain traits that are imperative to possess in order to lead the company and work toward its future success. Without these vital traits, a CEO may be able to hold the position, but he won’t be considered one of the “great” CEOs.
They are self-aware
Even though you’ve made it to the top of the company, it doesn’t mean you’re infallible. Great CEOs know that they sometimes make mistakes and understand their own weaknesses (as well as their strengths!). Knowing where they do and do not excel allows a CEO to delegate tasks as necessary. Through being self-aware, a CEO can also handle constructive criticism and improve in different areas.
They are optimistic
A negative attitude can bring the entire company down, so it’s important that a CEO displays optimism, even if there are some issues. Keeping a positive attitude and showing that optimism to employees will encourage them to look on the bright side and work toward finding a solution, instead of unproductively worrying about a problem.
They are realistic
Just as optimism is important, so is being realistic. Great CEOs know what to expect from their employees and know what is too much to ask. A company doesn’t become successful overnight and issues cannot be immediately resolved, so a CEO must know what a realistic timeline is for the business, as well as what expectations she should have for the business, given its resources.
One of the most important traits a person can have in any position is showing others that they care. When a CEO is genuinely interested in his employees and concerned about their well-being, it translates into him valuing the company. This sense of value often inspires employees to work better. The best way to show you care is listening to people when they talk and making an effort to sincerely understand what they’re saying.
They are risk-takers
Generally, risk is involved if you want a business to show serious growth. CEOs understand the importance of risk-taking, but also know how much risk is appropriate for their individual business. Taking unnecessary risks is bad and can endanger the company.
They are learners
Great CEOs are always learning. Whether it’s how to better work with employees or developing a new skill through classes or a conference, truly fantastic CEOs make a point to keep learning throughout their professional careers. You can always learn something new and you’d be surprised what skills might benefit your career.