A CEO can get to know their board of directors better by spending time with them. This could be through formal meetings, informal gatherings, or one-on-one sessions. It's also important for the CEO to understand each board member's expertise, perspective, and expectations. Open communication, active listening, and mutual respect are key to building a strong relationship with the board. The CEO should also be prepared to spend about 20% of their time managing this relationship.

stars icon
24 questions and answers
info icon

Some examples of real leadership opportunities that can prepare someone for a CEO role include leading a team or a project, taking on a management role, or heading a department. These experiences can help develop the necessary skills such as decision-making, engaging with others, reliability, and adaptability. It's also beneficial to gain in-depth knowledge about the chosen industry and to be noticed for the results achieved. Managing relationships with board of directors can also be a valuable experience.

A CEO can ensure they are adapting boldly to new challenges and scenarios by practicing and gaining experience in the four behaviors associated with success as a CEO: making decisions with speed and conviction; engaging with others in a way that drives results; relentless reliability; and adapting boldly to new challenges and scenarios. They should also be prepared to spend 20% of their time managing the relationship with their board of directors.

A CEO can demonstrate their reliability by making decisions with speed and conviction, engaging with others in a way that drives results, adapting boldly to new challenges and scenarios, and being relentlessly reliable. They should also be prepared to spend 20% of their time managing the relationship with the board of directors. It's also important for a CEO to keep their calendar commitments focused on the important long-term issues.

View all 24 questions
stars icon Ask another question
This question was asked on the following resource:

The CEO Next Door

There are four behaviors associated with success as a CEO: making decisions with speed and convictio...

View summary
resource preview

Download and customize more than 500 business templates

Start here ⬇️

Go to dashboard to view and download stunning resources

Download