Jeanette Linfoot, is a distinguished corporate CEO turned Entrepreneur with a multi-million pound business portfolio. Jeanette is a prominent figure in the business world, having successfully advised executive Boards and individuals from various sectors including senior roles with TUI, Thomas Cook, First Choice, and Saga on achieving unprecedented growth and scale.
Drawing upon her 30+ years of global professional experience, Jeanette has identified key habits that have propelled CEOs to success, and in this article she shares those invaluable insights with SME Today readers.
- They plan ahead
High-performing CEOs strategically plan ahead, dedicating time each year for profound contemplation and research.
Achieving this level of reflection within your everyday surroundings may be challenging, so allocate time to step away and gather your thoughts in a conducive environment for clear thinking.
Successful CEOs commence their planning with a clear understanding of their ‘why,’ articulating what they aim to achieve, the purpose behind it, and the timeline for execution.
Instead of merely outlining the top three daily tasks, focus on identifying three key objectives each month and week to maintain a targeted approach.
Regular communication of your goals and expectations is also crucial to ensure everyone is working towards the same objectives.
- They manage their time effectively
A study suggests the typical CEO works approximately 300 days a year, investing 14 hours daily, totalling 4,200 hours annually. Shockingly, almost 30% of this time is consumed by emails, and an additional third is absorbed by meetings, with studies revealing that half of these meeting hours are unproductive.
Effectively executing the role of a CEO mirrors the precision of a helicopter – the ability to soar above for strategic decision-making, surveying the horizon, and judiciously landing to support the team, leverage opportunities, or address any issues.
The critical thing is then knowing when to take off again and how much time to spend in the air and on the ground.
Top-performing CEOs excel in time management, diligently delegating administrative tasks to focus on the tasks that matter most. They plan their work week and avoid participating in activities that don’t deliver value for their business.
Prioritising time is paramount, and being punctual for every appointment daily is not just a business fundamental but a reflection of reliability and respect for others’ time.
- They aren’t afraid to go outside their comfort zone
Effective CEOs demonstrate adaptability, flexibility, and a readiness to step beyond their comfort zones, and the best CEOs constantly look for new ways to improve both themselves and their organisation.
To emulate the success of top CEOs, it is vital to foster an openness to novel ideas and approaches. The best leaders embrace failing as learning and encourage their teams to do the same.
Therefore, be open to new ideas and approaches. Actively pursue learning opportunities, participate in conferences and workshops, and stay abreast of the latest industry trends and developments.
Experiment constantly, and regularly introduce new processes to uncover more efficient ways to manage both your team and overall business operations.
Embracing a culture of continuous improvement ensures sustained growth and resilience in today’s dynamic business landscape.
- They are great communicators with high emotional intelligence
Leading CEOs have high emotional intelligence with heightened sensitivity to the ‘mood’ around them, and this enhances their effectiveness as communicators.
They are clear and concise in their communications to ensure their messages are understood by their employees and stakeholders alike. Successful communicators don’t just focus on talking and what is being said – they are great listeners too.
Actively engage with the perspectives and concerns of others, responding to feedback and questions promptly and respectfully. Recognise that, as a CEO, your choice of words and attentive listening significantly influences your company’s present dynamics and future performance.
Every utterance holds weight, shaping the organisational culture and fostering an environment beneficial to success. Consciously leveraging the power of effective communication contributes substantially to the overall success and trajectory of your company. Your words do make a big difference.
- They lead by example
Exemplary CEOs lead by example, embodying the values and principles they wish for their employees and organisations to embrace, setting a benchmark for performance and integrity.
It is important to showcase to your team that you hold yourself accountable for actions and decisions, fostering a culture of responsibility.
Have a positive demeanour, being mindful of the impact your attitude has on others. This approach serves to inspire teams, cultivate collaboration, and propel your business towards enduring success.
Conclusion
Undoubtedly, the role of chief executive is demanding.
While there is no perfect combination of behaviours that work for every CEO, concentrating on these fundamental habits has the potential to significantly enhance both your personal life and business outcomes.
By Jeannette Linfoot www.jeannettelinfootassociates.com