Being a CEO is one of the most difficult and challenging roles out there. The wellbeing and overall health of an entire organisation lie on the shoulders of the CEO. Any decisions which impact the company negatively may be of detriment to the financial and job security of several employees.
One surprising piece of research shows that CEOs work approximately ten times more than the usual eight-hour shift which comes with corporate jobs. Who would blame them? Having the entire organisation’s future based on the decisions taken by them is enough to stress anyone out. Not only do they need to work extremely hard, but they are also expected to plan and take good calculated decisions. In this article, we will discuss some good processes that most successful CEOs adopt.
This process involves going back at the key moments of the day and evaluate the appropriate decisions to take, together with what to avoid. As one would expect, not all days will be positive, and a CEO must understand and learn from his shortcomings. They need to constantly be aware of any important lessons they might learn, so that they keep themselves on the right track.
Successful CEOs are constantly reading. Many successful ones such as Warren Buffet, who is chairman and CEO of Berkshire Hathaway, spend numerous hours in the day reading. Keeping constantly updated with the latest news is necessary for any CEO so as to remain abreast with what is happening in the world. This is all the more true in a world where innovation is constantly on the rise and no company leader can afford to be left behind.
Keeping track of ideas
CEOs that make a positive impact are often quite creative. In order to keep up with their ideas, they jot them down. A lost idea could be a missed opportunity to significantly improve the business.
Having stressful days is quite normal for CEOs. In this respect, keeping active goes a long way in maintaining their ability to think clearly.
At some point during the day, normally just before relaxation time, they disconnect from their devices. This period of detachment is necessary for relaxation and allows one to sleep better, which is ultimately paramount for enhanced quality of work.
Fail to plan and you plan to fail. Successful CEOs set and monitor their goals every night. Doing so allows them to keep track of what they need to achieve and prioritise accordingly.