To develop an effective business strategy, you need a great deal of data and a comprehensive analysis of your industry and your competitors, but a well-thought-out and deliberate strategic plan will provide an enormous competitive advantage over your competitors who have no strategy in place.
Do you stay on top of your company issues? How well are you tuned in to your company issues? Are you sure you haven’t missed anything important, both in your organization and world trends? Even those executives who said yes to all questions cannot be certain that the CEO bubble doesn’t apply to them. Surprisingly, a lot of execs live in so-called “la la land” where everything seems perfect on the surface until one moment when it stops.
From making key decisions to meeting Wall Street expectations, the average CEO has really a lot on his plate, working 10 or 11 hours per day which amounts to 58 hours a week on weekdays, additionally six hours on weekends, according to Time. Despite having just 24 hours like everybody else and not less but more duties and deadlines, the question is why CEOs are able to tick off much more tasks on their to-do list than the average full-time employee.
As a leader, your primal goal is to get results, but have you ever wondered what leadership style you have? A lot of leaders never ask this question because they find it needless. Their leadership style is based on their instinct. However, some degree of self-awareness can make you even more effective. Let's look at the 6 leadership styles created by Daniel Goleman.
Jeff Bezos, the founder of Amazon and the second richest man in the world, will step down as the chief executive officer by the end of this year. The Amazon founder will hand the reins to Andy Jassy who is right now the CEO of Amazon Web Services, the company’s cloud computing business.
Steve Jobs was one of the greatest leaders of all time. Some people love his leadership style, some hate it, but it is difficult to stay indifferent to such a prominent figure as the founder of Apple. His life was full of ups and downs that show that even the greatest leaders need to learn all the time and adjust their actions to specific circumstances.
Leadership is a repeated subject matter of business discussions, but do we really know what leadership truly means? Defining leadership can be much harder than we think because it means different things to different people.
Powerful leaders help us achieve more and more. They are able to persuade us to believe in their vision and work hard to make it happen. They are so charismatic and influential that we feel proud to be part of the communities they create.