What abilities a successful CEO needs
As per this New York Times article:
- The ability to allocate cash flow for growth. Without growth, little else matters.
- The ability to pick the right managers for the operating jobs. C.E.O. “vision” is largely realized through the people in the critical posts.
- The ability to inspire the troops. Charisma comes in many colors; getting others to be excited about the mission is one of them.
- The ability to be aware of and understand all the moving parts. Chief executives don’t need in-depth knowledge of every discipline — accounting, marketing, sales, benefits, taxes and so on — but they need to know enough about each one to ask the right questions.
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