Becoming a CEO is no easy feat, but it is a goal for manyambitiousindividuals So,howdoyougetthere?
For many, the first step is to draw up a career plan and start laying out the steps they need to take, while others might try to start building connections on platforms like LinkedIn During my time as the CEO of BMGB Capital Corp and Castlebar Capital Corp, I found that the most important steps that you can take are those that cultivatepowerfulandpracticalskills
Whatever your background may be, there are several key characteristics that serious enterprises will always have a demand for; be it in the world of finance, marketing, or strategy, top employees should always have skills in risk management, research and analysis, interpersonalrelations,andself-discipline.
Starting off with: risk management This is absolutely essential for any executive position, as without proper care, unexpected negative shocks may wreak havoc on a company. Risk management is all about planning ahead, mitigating potential issues, and safeguarding assets all powerful tools for a CEO to have This also has the added bonus of forcing you to consider the full rangeofprospects,whichcanleadtonewopportunities andwaysofapproachingchallenges.
Proper risk management also has the added benefit of improving a company’s overall efficiency A risk analysis can show where project results may be falling behind their expected timelines, meaning that the teams will be able to better prioritize and allocate work. These are all reasons why individuals skilled in risk management make excellent CEOcandidates
Next up: research and analysis When we hear the word “research”, many of us may think about scientists or journalism, but the truth is that nearly every industry requires research and the analysis of collected data. For companies in finance, for example, CEOs might research current and projected market conditions to create models for decision-making; a company in marketing would also conduct research market research to gauge interest in potential products The ability to collect and interpret data is vital for any employee,butespeciallyforthoselookingtorisetothetoplevel Itcandowonderstoset youapartfromothers.
Speaking of setting you apart: strong people skills Interpersonal skills cannot be emphasized enough Hard work and tangible accomplishments are a necessary part of advancing your career, but being able to forge connections with colleagues and clients can give you the push needed to take things to the next level. Networking is a whole lot easier when you take a genuine interest in people It’s something that many people noticeandvalue
There is one final skill that I want to highlight today, and that is self-discipline Having the driveneededtopushpastthedrudgeryoftedioustasks,likepaperwork,teleconferencing, and endless negotiations, is perhaps the most important skill for a CEO to have. You have to be able to focus on the goals that you have set out for yourself, remember why you do whatyoudo,andactonthosetoachieveyourdreams
