Summary
Includes related article - Human Resources
The difficulty of gaining competitive advantage in an increasingly globalizing business environment makes it imperative for CEOs to develop certain critical skills. Among these are communication skills, including the ability to receive and convey ideas. Business leaders should also be analytical, that is, they must be able to draw conclusions and make recommendations from the information they possess. A third skill essential for CEOs is the ability to 'make things happen,' to be able to grow an idea into an actual product. A fourth necessary skill is the ability to work as a member of a team without demanding to be the team leader. Finally, CEOs must be adept at time management. They should be able to prioritize tasks according to importance. Beyond these critical skills, CEOs are obligated to provide their organizations with leadership and vision.See the full content of this document
Extract
Critical skills and the CEO.
With competitive advantage difficult to attain in global markets that are ever-more complex, it's time for a hard look at the basic competencies CEOs and other managers need.
America's business leaders face an ominous challenge: survival in a world increasingly marked by high technology and international competition. More than ever, CEOs will need to make critical decisions about the people hired and trained for leadership roles. With our competitive advantage narrowing in some areas--and disappearing in others--it is time to revisit the fundamentals--the blocking and tackling skills necessary for our future leaders. What are these fundamentals? In 1992, the...See the full content of this document
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