<img height="1" width="1" style="display:none" src="https://www.facebook.com/tr?id=349935452247528&amp;ev=PageView&amp;noscript=1">
Search
word-map-thumb

The Alternative Board Blog

6 Personality Traits that Make Someone a Successful CEO

Jan. 9, 2017 | Posted by The Alternative Board
Personality-Traits

Being a CEO or business leader is among the most challenging and demanding job titles out there. Some say the most successful leaders are born with the “right” skills and personality traits. Others contend a strong-willed, ambitious individual who wants to succeed can learn and acquire the necessary attributes for success.

Wherever you fall on the scale, here are six personality traits that virtually all successful CEOs display in their careers:

1. Passion. Call it “drive” or “a thirst for success,” but it’s hard to think of any effective business leader who doesn’t display a clear-cut passion for his or her work. Passion keeps you focused on getting things done, rather than finding excuses not to act. Passion means aiming at an objective and attaining it, and then moving beyond.

2. Quick and bold decision-making. Top-performing CEOs aren’t daunted by the fact that they have to make critical decisions on a daily basis. They become adept at sizing up a situation, analyzing the pros and cons, and deciding on a course of action to keep the business moving forward.

“Clear decision making also sets off a positive chain reaction,” notes business writer Will Yakowicz. “When a leader makes a clear decision it inspires confidence across the company, sets priorities and decreases the chance of competing goals getting in the way.”

3. Refusal to make excuses. Effective business leaders understand making excuses is a waste of time and energy. If things go wrong, they accept responsibility and look for ways to learn from the situation. This also means they’re unafraid of failure. Without taking risks, change and innovation simply aren’t possible.

Want additional insight? Read 7 Steps for an Effective Hiring Process now to learn more

DOWNLOAD

4. Willingness to learn everything about the business and industry. While it’s not necessary to be an “expert” in all facets of the company, successful business leaders possess more than a passing knowledge of every department and operation. This not only helps when it comes to making key decisions, but it leads to a dynamic, all-encompassing vision of growth that integrates different functions into a cohesive whole.

5. Outstanding communications skills. Great CEOs know how to communicate their message without getting lost in company CEO, personality traits of a CEOjargon or by puffing up their own egos. They understand the need to be absolutely clear when addressing various stakeholders—and how to frame their message so different audiences (investors, employees, customers, vendors, and so on) “get” what’s being said and know what to do with that information. They know how to inspire and motivate—essential qualities of leadership, regardless of your business or industry.

6. Unafraid to get in the trenches. Effective CEOs refuse to hide away in their executive suites. As much as their schedules permit, they take every opportunity to work (or at least observe) their teams in action. It’s the only way to get first-hand knowledge of what’s happening on the company’s frontline.

These business leaders “are right there” with employees, “balancing the priorities and inspiring their team to help win the next opportunity,” says Jeanne M. Sullivan at VentureBeat. “They are quick to sort out mistakes in a ‘blameless autopsy’ so that success may be achieved the next time.”

Effective management is not something that can be attained overnight - in fact, this is something that many business owners continually work on. We asked owners how they would rate themselves as a leader of their company and only 5% rated themselves a perfect 10. Check out TAB's PULSE Survey on Business Leadership for more information on this topic! 

Read our 19 Reasons You Need a Business Owner Advisory Board

DOWNLOAD

Written by The Alternative Board

Related posts

Tips on Achieving the Elusive Work-Life Balance
Apr. 16, 2021 | Posted by The Alternative Board
Among CEOs and business leaders, the search for the best work-life balance has been going on for years. Only recently has the crucial importance of this balance become crystal-clear for everyone....
How to Build Employee Culture with a Remote Team
Apr. 6, 2021 | Posted by Phil Spensieri
Whether your staff have been working from home for the past year or rotating between home and the office, there is no doubt that for most of us there has been a change in our working environment....
5 Tips to Help Remote Workers Feel Like Part of Your Team
Feb. 11, 2021 | Posted by The Alternative Board
Even before the COVID-19 pandemic struck in 2020, a leading trend among businesses was employing remote workers in a wide range of job responsibilities. The trend has, by now, attained something of a...
Employee Onboarding Tips that Help Boost Retention
Feb. 9, 2021 | Posted by The Alternative Board
The effective onboarding of new employees is clearly a benefit to businesses, but some companies persist in “winging it” whenever a new hire joins the team. As we have noted before, businesses that...
3 Tips on Vetting Your Most Promising Job Candidates
Feb. 4, 2021 | Posted by The Alternative Board
It would be nice to think that every applicant to a job opening at your business is always telling the truth in their resumes, during their interviews, and throughout the hiring process....
8 Ways to Keep Your Team Accountable in a Virtual Environment
Jan. 29, 2021 | Posted by The Alternative Board
Remote work is the new normal. In fact, remote work was gaining ground even before the pandemic hit, and with the start of 2021, many IT companies have permanently taken this route. However, there...
How to Measure the Success of Your Team
Jan. 26, 2021 | Posted by The Alternative Board
Having an engaged and high-performing team should be a top priority for every small business. A talented individual is always a big asset, but when you put several such individuals, there’s no limit...
Attract New Talent to Your Team in 2021
Jan. 19, 2021 | Posted by The Alternative Board
Like all other facets of society, the business world has undergone seismic changes in the past year. However, one operational element—the recruitment and hiring of quality talent—remains unchanged....
7 Ways For Onboarding New Employees During the Pandemic
Jan. 7, 2021 | Posted by The Alternative Board
Employee recruitment, training, and orientation are critical to the success of any organization. A well-thought-out and executed onboarding plan helps set new employees up for success.  However, the...
Dealing with Grief in the Workplace
Nov. 24, 2020 | Posted by Jodie Shaw
  One of the most difficult things a leader will have to deal with in the workplace is the death of an employee. Whether the result of ongoing health complications or a tragic accident, a death in...