Four Traits Your Next CEO Must Have For Your Organization to Thrive

Four Traits Your Next CEO Must Have For Your Organization to Thrive

An organization's long-term success depends on hiring a CEO who possesses certain traits. A good CEO always maintains a focus on the long-term future, has an entrepreneurial mindset, knows the fundamentals of business, and has the behavior of a consummate diplomat. CEOs with a clear vision can lead the organization to thrive for a long time. Additionally, for an organization to remain resilient, they should hire CEOs who are visionary and always stay attuned to the trends. Another important trait is to have an inherently entrepreneurial mindset that helps the organization try new things and be innovative. Furthermore, solid grounding in reality and the fundamentals of the business is essential for making unbiased decisions. Finally, a CEO must be a consummate diplomat and treat everyone with respect and dignity.

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The eight best practices in innovation

The eight best practices in innovation

Innovation expert shares his top eight practices for effective innovation: communicate a compelling 'why innovate', have a formal innovation plan, adopt an experimentation mindset, reframe failure as an opportunity to learn, look inside and outside for ideas, focus on changing behavior first, create an idea-receptive culture, and learn and use a new toolkit.

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