Mantra to be a great 21st-century CEO!

All CEOs have the same responsibilities, such as working with the board, engaging stakeholders, setting direction, and creating a positive culture according to a study done by McKinsey and Company.

The researchers further state that what separates the best from the rest is how they approach these tasks.

What do CEOs do? Why do they do it that way? And what matters most?

To answer those questions ,McKinsey, identified 200 highly successful CEOs and conducted in-depth interviews with 67 of them. They found that there is no simple recipe for success, but there is virtue in simplicity. Indeed, the CEOs McKinsey interviewed could describe their business strategy in an elevator ride up Shanghai Tower.

McKinsey has identified the six mindsets that characterize great CEOs as follows:
Be bold, Treat the soft stuff as the hard stuff, Solve for the team’s psychology, Help directors help the business, Start with “Why?” and Do what only you can do.

Courtesy: McKinsey and Company

Read More: https://www.mckinsey.com/featured-insights/leadership/how-to-be-a-great-21st-century-ceo

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