Archives for posts with tag: CEO

In a previous post I talked about the 3 things a CEO needs to do really well. There are also 3 things that are equally important for the leader of the business not to do:

1) Interfere. You’ve hired the best people in the key roles – according to rule 3 of the previous post – so let them do their jobs

2) Push the HIPPO. The Highest Paid Person’s Opinion doesn’t count as much as much as the data and information coming into the business

3) Let them know who’s boss. They know you’re the boss, and modesty, humility and honesty are much more admirable traits in a leader

There are 3 things a CEO or Managing Director should be able to do really well:

1) Articulate the vision of the company, consistently and regularly

2) Ensure the financial welfare of the company. Secure the money in – accounts receivable and funding – watch the cash flow, keep to the budgets

3) Hire the best people possible in the key roles, either those with form or those who can grow into the role.

Master those 3 and you’re well on your way.