Are You Ready to Be CEO?
Rajeev Arora
Business Mentor, Turnaround and Strategy Execution Specialist, People Manager and Transformation Driver / Trainer with rich and cross-functional / geographic experience in Banking, Finance and Insurance
“The view from the top is great—until you realize the air is thinner, and the fall is steeper.”
Let’s face it—most of us have, at some point, imagined ourselves in the CEO’s chair. But is the corner office really where you're headed, or is it just a daydream? Becoming a CEO might sound glamorous, but it’s not all about power suits and boardroom swagger. It’s about stepping up, making tough decisions, and carrying the weight of an entire organization on your shoulders. The organization is big or small does’nt matter, its your own ability to shoulder the nuances which matters most.?
So, how do you know if you’re really cut out for the job?? Before you put "CEO-in-waiting" on your LinkedIn, let’s do a quick reality check on what it truly takes to be the top boss.
1. Decision-making: Are You the Decider?
CEOs make tough calls, often with limited information. If your idea of decision-making is choosing between vanilla and chocolate at the office ice cream bar, well… there’s some work to do. Can you make high-stakes decisions, stand by them, and own the outcomes—whether good, bad, or ugly?? Are you the one which is perpetually into Analysis Paralysis…or the one who would surely take informed …but quick decisions !? Not everything would be available on platter or on demand.
Trait to Develop: Courageous decision-making
2. Vision: Are You Seeing the Bigger Picture?
CEOs aren’t just focused on today. You’ve got to set your eyes on tomorrow, next quarter, and the next five years. If you’re stuck in the daily grind, only solving today’s problems, it’s time to lift your head and look further down the road.? You need to be an entrepreneur and not someone who is just pursuing the top shot for glamour and great perks.? You are the Organization.
Trait to Develop: Entrepreneurial Thought process
3. Resilience: Can You Take the Heat?
The CEO role isn’t a cushy job with a big paycheck and the occasional TV interview, or the evergreen conferences – virtual or physical. It’s long hours, constant pressure, and sometimes being the scapegoat. What is your Energy levels….and How thick is your skin? Your energy has to be awe inspiring waking the dead up from their coffins.? And if a tough meeting ruins your day, you’ll need to work on that. CEOs must bounce back from failure like a rubber ball.? We had something called a crazy ball when we were young….which bounced up crazily….are you that ball !
Trait to Develop: Emotional resilience
4. Empathy: Can You Lead a Diverse Team?
In the CEO role, you’re leading everyone—from the interns to the management...and Yes, managing the board of directors as well. You’ll need to understand different perspectives and bring out the best in people, even those with conflicting viewpoints. If you can’t listen, you don’t have empathy, you won’t lead…you will only manage. ?The entire Team is looking upon you….do your own ethics and integrity define you…do they see you as a role model …as someone they would like to be….One day for sure !
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Trait to Develop: Empathy. Be genuinely empathetic, Bonus points for developing active listening skills
5. Risk Management: Do You Have a Healthy Appetite for Risk?
CEOs can’t play it safe all the time. They need to take calculated risks
Trait to Develop: Risk appetite. Start small—maybe test your bravery with sushi from the cafeteria first.
6. Accountability: Can You Handle the Blame Game?
As CEO, when things go wrong (and they will), all eyes are on you. Can you own it, fix it, and move forward without throwing your team under the bus? Leadership is about taking responsibility
Trait to Develop: Accountability. And, trust me, humility will come in handy here.? Stand by, and for your team…always !
7. Communication: Can You Inspire, Engage and Influence?
A great CEO needs to rally the troops and inspire confidence across the organization…passionately. Your ability to communicate clearly, both the good and the bad, will determine how well you lead through good times and crisis. Can you turn strategy into a story that excites and motivates?? I keep telling one and all, its not only about Strategy, its your ability to Execute which makes the difference.? So are you also the Ctrl+C / Ctrl+V on strategy…or are you the one who will ensure Delivery and Execution !
Trait to Develop: People person – Are you the bagpiper inspiring the flock to go with you.? Storytelling. If you can make budget and strategy reports sound inspiring, you’re halfway there.
So, do you have what it takes? Whether you're a seasoned CXO or a manager looking to climb the ranks, developing these traits is essential. Remember, becoming a CEO / CXO isn’t about just getting promoted; it’s about growing into the leader your organization needs. Plus, you’ll earn the right to wear those fancy CEO socks someday—because let’s be real, that’s the real goal, right?
“Remember, CEOs aren’t born—they’re built. And if you’re willing to go the last mile, that corner office might just have your name on it ..... soon enough.”
?All the very best ...stay blessed !
Chief Financial Officer at 32nd
5 个月Rajeev, it is certainly a detailed analysis on the traits of becoming a CEO. One other point to add: the Buck always stops with the CEO.
Executive Leadership | Banking, Fintech and Regtech | Strategy I Board Member| Angel Investor and Mentor
5 个月Nice Rajeev??????- if I may also add, learn the art of delegation, share knowledge and mentor and build the next set of leaders around you- the most important part that i believe many a times gets overlooked.
Board Director | CEO | Founder | Mentor | Advisor | C Suite Leader | Building Digital Banks
5 个月Rajeev. Well articulated To add and substantiate, Its “Lonely at the Top”. High Accountability, Public Scrutiny, Risk & Stakeholder Managememt, Conflict Resolution coupled with a clearly articulated Strategy and vision are the key.
Chief Executive at Full Circle & Locus Enterprises | Pragmatic Coaching & Recruitment "I help ambitious professionals enhance their careers by leveraging their expertise."
5 个月Insightful and very well articulated Rajeev!