Successful Executive Leadership in 2023
Updated: Apr 12
There are many factors that contribute to success in any field, but some experts believe that the key distinguishing factor for success as an executives is the ability to make decisions quickly and confidently. In a fast-paced and ever-changing business landscape, those who can make decisions quickly and decisively are more likely to find success. Of course, this is not the only factor that determines success as an executive. Other important qualities include good communication skills, the ability to motivate and inspire others, and a deep understanding of the industry. However, being able to make decisions quickly and confidently is certainly a major key to success in any executive role.
One leader that comes to mind as we reflect on actions that lead to success is one of the most successful executives in American history
John D. Rockefeller Sr. His innovative business practices and astute investments made him the richest man in the world and helped to build several powerful global companies that are now Conocophillips, BP, and Exxon Mobil to name a few. He was also instrumental in aiding Dr. Martin Luther King Jr, and his funding of biomedical research resulted in several life saving vaccines. Clearly, his legacy continues to this day.
As clearly evidenced with the example of John D. Rockefeller, there are many attributes or characteristics that can contribute to a successful executive career.. Some of these include drive, ambition, innovation, strategic thinking, strong communication and interpersonal skills, and the ability to inspire and motivate others. Executives who possess these qualities are often able to achieve great feats within their organizations and in life.
Here are some additional keys to consider:
1. A successful executive is typically highly educated, with a mix of both professional and academic degrees.
2. These executives are also oftentimes very well-connected, with a wide network of contacts in various industries.
3. Successful executives are typically very strategic thinkers, able to see the big picture and make decisions accordingly.
4. They are also typically very good at multitasking and managing multiple projects simultaneously.
5. Finally, successful executives are usually excellent communicators, both in written and verbal form.
Whether you are a seasoned executive or positioning yourself for a leadership opportunity understand that your accomplishments are only a component of success.
You will also be measured on how impactful-whether positive or negative your decisions were to others. Lastly, being humble and caring for not only your employees, but humanity as a whole will further establish a legacy that will stand the test of time.
“It takes 20 years to build a reputation and 5 minutes to ruin it. If you think about that, you’ll do things differently.” – Warren Buffett
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