October 2024: What does it take to lead well?
Strong leadership demands experience and functional expertise. But it also requires flexibility and a willingness to learn from others — even those outside your industry.
In this edition of Empowering Leaders, we explore how board chairs and CEOs can build trust-based relationships, share an excerpt from our recently released book, The Life Cycle of a CEO, and examine what publicly traded and private equity-owned companies can learn from each other.
U.S. boards are increasingly separating the chair and CEO role, which can augment the board’s independence and lead to more effective oversight. But it also creates a new dynamic between the board and chair.
Enjoy an excerpt from our groundbreaking new book, The Life Cycle of a CEO, which examines the real drivers of performance and provides practical advice for CEOs navigating the ups and downs of their tenure.
For all of the differences between publicly traded and PE-owned companies, there are plenty of lessons that companies from each realm can learn from the other. We spoke with several CEOs who had successfully led companies in both private and public environments to learn what it takes to find a CEO who can lead and thrive.
Wellness & Self-Service Technology Expert | Wellness Leader & Consultant | Educator, Author, & Inspirational Speaker | Wellness Innovation & Research Advocate| Inspiring Wellness Leadership | Global Adventurer
2 周Well said! True leadership goes beyond skills and experience; it’s about staying open to new ideas and learning from diverse perspectives. Flexibility and curiosity create a well-rounded leader who can adapt and inspire in any situation.
Cognitive Architect @ NeuroThinking Institute | Co-Founder and CEO
3 周Thank you for sharing these insights on leadership! I completely agree that flexibility and a willingness to learn beyond one’s functional expertise are essential for today’s leaders. It’s especially important to build trust-based relationships that allow leaders to make more adaptive and informed decisions. As the newsletter highlights, learning from diverse sectors can be highly beneficial. This is where systems thinking can add even more value: by recognizing interdependencies within and across industries, leaders can spot patterns and anticipate how various factors influence one another. Systems thinking also empowers leaders to view their organizations as interconnected ecosystems, helping them drive more cohesive and impactful strategies. A recommendation might be to incorporate systems thinking workshops or training sessions for board chairs and executive teams, providing tools to map out complex relationships and refine their strategic approach. This perspective can be transformative for any leader aiming to navigate today’s multifaceted challenges with both resilience and insight.