A clear vision is essential for company success, but is your entire team on board with it? Is that mission in line with their own personal goals? It’s not as straightforward as stating, “Here’s what we need to do, now go do it.” You must also establish the why behind the activity, as well as guarantee that each employee’s own ‘why’ is specified. They will stall and pull performance down with them if they aren’t involved in the company’s future.
ACTION STEP: Hold a Goal Workshop with your team to describe the company’s vision as well as each employee’s mission.
2. You must establish a culture.
One of your responsibilities as CEO is to establish and maintain a culture that distinguishes your organization. A company’s culture encompasses more than simply a stylish office, flexible work hours, and Friday beer at 4:00 p.m. The intrinsic beliefs, enthusiasm, and behaviors that push you and every team member to accomplish their best job establish a culture. A culture is formed by a wide range of elements such as objectives, benefits, surroundings, incentives, tasks, respect, and personality traits. If your employees do not fit within and appreciate these characteristics, you will be held back.
ACTION STEP: Conduct a thorough assessment of your company’s culture to determine where you are now, where you want to be, and the gaps you need to close to get there—then put your plans in place.
3. You must be reasonable in your expectations.
Many CEOs arrive with their weapons drawn, eager to shake things up and change the game. Change, on the other hand, brings tension. Workload shifts occur as a result of change. Change brings with it a variety of approaches to bringing it about. This may cause havoc in the workplace. If you want to be a successful CEO, you’ll establish realistic and attainable goals for your staff that don’t burn them out, annoy them, or overwork them in order to keep them fully functional and pleased.
ACTION STEP: While being strategic and vision-oriented is important, you must also be aware of what is going on in the trenches. You, too, were once there. Take care of your employees, and they will reward you handsomely.
4. You must control your tension.
Stress causes sick days, decreased productivity, interpersonal troubles, moodiness, and a variety of other challenges for you and your team. It’s important not to underestimate the impact of stress. It has an influence on health-insurance costs, innovation, employee turnover, and overall work satisfaction. Successful CEOs understand that they must not only manage their own stress at work and at home, but also provide organized training, resources, and perks to their workers. Because there is no such thing as a one-size-fits-all stress treatment, you must tailor resources to each individual employee.
ACTION STEP: Collaborate with a wellness coach or consultant (or find someone inside your firm) to develop a thorough stress-management program that is tailored to each member of your team.
5. Benefits should be tailored.
As a wise CEO, you understand that benefits cannot be tailored to each individual. Some people place a premium on compensation and benefits, while others place a premium on flexibility and independence. Smart CEOs get to know their employees on a personal level to ensure that they are providing perks, prizes, and incentives that are tailored to each individual’s requirements and desires in order to accomplish a great job and bring their best to work every day.
ACTION STEP: Conduct a survey to learn more about your team’s benefits preferences. Then get creative with what you can give to suit their demands.
