Q) Think of a two firms’ CEO whose leadership you admire and you think they are successful. What is about their skills, attributes and traits that causes you to admire them. Discuss in details how successful leaders should formulate and implement strategies
Answer
The two companies chief executive officer whose leadership I admire
are Jeff bezos of Amazon and mark Zuckerberg of Facebook. I think
they are extremely successful because both of them are self made
people who have made themselves at the top position with the help
of their own effort.
The ability of successful leaders of how they formulate and
implement strategies are discussed as follows-
1. They have the ability to learn from their past- chief executive
officer of all the top companies in the world have A Remarkable
quality of learning from the past. They have the the working style
in which they only make one mistake at once and never repeat the
same mistake again.
2. Extraordinary communication skills- the success of any chief
executive officer depends on the ability of them to communicate the
vision with the team members. They have a strong communication
skills. They can effectively translate the view of the business
potential and challenges in a easy and understandable language to
the team members.
3. Strong relationship - chief executive officer have the ability
to build relationships with the customers and their employees. As a
matter of fact they believe that it is impossible to succeed at a
individual level so they maintain good relationship with all the
potential clients and good employees in the organisation.
4. True optimism- chief executive officer have a realistic optimism
of the opportunities in the market. They have the actual
understanding of the reality and also of how the future is going to
be. They always tend to make products and services keeping in mind
the future demands of the current market situation, this helps them
to keep ahead of the competitors.
5. Ability to take calculated risks- chief executive officer always
have the willingness to take calculated risk and they always see
opportunities considering the risk factors involved in taking the
decision. They know that taking risk, has the ability to overcome
the fear of failure. So they always take calculated risk while
taking decisions.
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