Inside the Strategy Room 165. Four steps to becoming a high-potential CEO candidate
56 snips
Jul 7, 2023 AI Snips
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Six Responsibilities of Excellent CEOs
- Excellent CEOs excel in all six key responsibilities, not just a few.
- These responsibilities include setting direction, aligning the organization, mobilizing leaders, engaging the board, connecting with stakeholders, and managing personal effectiveness.
CEOs as Integrators
- Great CEOs are integrators, effectively connecting different parts of their organizations.
- They recognize and manage information asymmetry, seeing more than anyone else in their organization.
Ajay Banga's Broad Vision
- Ajay Banga, CEO of Mastercard, demonstrated a broad vision by focusing on "kill cash" rather than just credit cards.
- This broad vision led to significant growth for Mastercard under his leadership.