Build Series EP.2: Upleveling as CEO with Rob Southern and James Bergeron - EP.243
Sep 24, 2024
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Rob Southern, an experienced CEO renowned for his company acquisitions, joins James Bergeron, a leadership coach specializing in executive growth. They share transformative insights on upleveling as a CEO, emphasizing the pivotal role of executive coaching and continuous self-improvement. The duo discusses the nuances of measuring progress, discerning crucial signals in leadership, and finding personal management styles. They also reflect on the importance of inner values and learning from diverse leadership influences to navigate challenges in dynamic business environments.
CEOs should dedicate about seven hours weekly to personal growth to balance business demands and foster continuous development.
Upleveling as a CEO requires embracing self-awareness, adopting new habits, and maintaining a robust support system for ongoing adaptability.
Distinguishing between relevant signals and distracting noise is vital for timely decision-making and measuring progress as a CEO.
Deep dives
The Importance of Reading and Continuous Learning
CEOs are encouraged to prioritize reading and ongoing personal development despite often feeling guilty about stepping away from daily business operations. This episode highlights that a rule of thumb for CEOs is to dedicate time specifically to their own growth, suggesting a ratio of about seven hours per week devoted to self-improvement for every 40 hours spent on business tasks. Reference to influential figures like Warren Buffett underscores the idea that becoming a voracious reader is beneficial for leadership success. Ultimately, being intentional about learning helps CEOs balance the demands of their roles while fostering personal growth.
Upleveling as a CEO: Definitions and Frameworks
Upleveling as a CEO is described as a continuous journey rather than a finite planning exercise, encompassing self-awareness, the development of new habits, and a support system. The discussion emphasizes that success isn't solely about tangible benchmarks, but about ongoing adaptability and growth, which may appear elusive at times. Tools such as establishing key practices and adopting critical questions, like defining daily priorities, play a significant role in this self-improvement process. The commitment to regular coaching and feedback further aids in recognizing personal development and accountability in leadership.
The Role of Mindset in Executive Development
Mindset is identified as a critical component of upleveling; it informs how CEOs navigate challenges and the evolving landscape of their businesses. Embracing lessons from both successes and mistakes while understanding that past achievements may not suffice for future success is emphasized. The conversation also notes how managing feelings of impostor syndrome becomes vital for ongoing confidence and decision-making prowess. Developing a mindset that values extraordinary actions and fosters resilience is essential for navigating the complexities of leadership.
Establishing a Support System and Practices
Building a robust support system is crucial for CEOs, including engaging with mentors, peer groups, and professional coaches to facilitate constant learning. The dynamic between a CEO and their coach is highlighted as a significant relationship that fosters accountability and strategic insights. By actively seeking feedback from boards and leveraging platforms like YPO (Young Presidents' Organization) and EO (Entrepreneurs' Organization), CEOs can establish a comprehensive network that supports their growth. Practicing regular reflection on specific goals and progress ensures that leaders remain focused and aligned with their aspirations.
Measuring Progress as a CEO
Measuring progress as a CEO can be challenging, but key indicators include the ability to make timely, quality decisions and the effectiveness of team leadership. Regular feedback sessions with board members and executives provide both qualitative and quantitative insights that gauge performance and growth. The importance of distinguishing between relevant signals and distracting noise within the organizational environment is discussed as integral to effective decision-making. Ultimately, the growth in both personal capabilities and team dynamics reflects the journey of up-leveling as a CEO.
In this second episode of the Build Series, I speak to Rob Southern and James Bergeron about their experiences and strategies for upleveling as CEOs. We discuss their journeys in acquiring and running companies, the importance of executive coaching, and actionable habits and practices that contribute to continuous personal and professional growth. We also delve into distinguishing signal from noise, the evolution of leadership style, and the inner drivers that motivate long-term improvement as a CEO. This episode mixes profound personal stories, practical advice, and in-depth analysis aimed at current and aspiring CEOs.