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8 Characteristics of Great CEOs

Over the years, I have been able to work with, observe, and coach really great CEOs. It has become obvious to me that these great CEOs differentiate themselves by exhibiting certain characteristics that make them successful. My observations have led me to conclude that there are eight characteristics of successful CEOs. Here is what I found:

  1. They work hard to make a positive impact on everyone they meet.
  2. They treat others with respect, and because of that, they have large networks of people who respect them as well.
  3. They consistently surround themselves with “A” players who challenge them and elevate their game.
  4. They are realistic enough to realize that not every idea works out, so they will quickly pivot to another idea rather than giving up.
  5. They are relentless in their drive to overcome obstacles and adversity.
  6. They are willing to take risks when others would have walked away.
  7. They hate to lose more than they love to win.
  8. They love giving credit to others, and always show their appreciation for the contribution others make to their success.

You can call these what you like…principles, characteristics, or virtues…but keep in mind that they are powerful factors that contribute greatly to success.  If you can internalize and practice these characteristics in your role, your chances of becoming successful will be greatly enhanced.

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Do You Know How Your Employees See You?

Most CEOs think of themselves as “regular” people. Nothing special about them. So they govern their actions as if they were the same as everyone else. Well, there is a difference between you and the people that work for you…at least in their minds.

Perceptions are quite real to the people who see you in action. Their image of you is probably not what your image of yourself is, so you need to be aware of that. If you don’t understand this difference in perception, you cannot be a great CEO.

Your Perspective vs. Their Perspective

You see yourself as a typical business person, not much different than anyone else. You hang out with people like yourself, so everything seems quite “normal” to you. But look at it from the perspective of the people who work for you. They see a person who is in charge; someone who founded and built a company (or was brought in to run it). You make more money than they do. You probably drive a really nice car and wear an expensive watch. You are going to business lunches and traveling all over the USA or internationally for meetings. You are busy negotiating deals, giving speeches, attending important meetings offsite, and handing out awards and bonuses. Your signature is on their paychecks.

If you don’t think that presents a certain image to your employees, then you are blind. They have an image of a person who has put his/her stamp on the company, and of someone who is important, in charge, and successful. Most of them know they could never start a company and grow it, or do many of the things that you do so well. Believe it or not, they look up to you. They watch everything that you do, and you are setting the example for them. Don’t allow yourself to fall into complacency, believing that they see you like “one of them.” Because they don’t, no matter how much they say they do, or how much you try to be one of them.

Your influence on them is far beyond what you think it is. They will emulate you. They will worry if you seem distant or troubled. The part you play as CEO is crucial to their success. They need to know you are involved, interested, and thoughtful. Culture starts at the top, so that means that you, as the very top person in the organization, set the tone for everyone else. Don’t underestimate the impact your image has on your staff. Always be cognizant of the way they see you and act accordingly.