Kevin Modany is a private equity management consultant with strategic planning, executive management, financial planning, and executive management skills. His experience in the corporate world has helped him identify the key attributes that every high-achieving executive should have.
The company’s future vision
CEOs should think of the big picture and have industry knowledge plus familiarity with their company’s services or products. They should also be familiar with the competitive landscape.
Finally, they should develop a mission to help them achieve their vision and communicate it to all relevant stakeholders.
Outstanding work vision
Exceptional CEOs should be prepared to do everything it takes to move the company forward. They should also invest in identifying and implementing solutions aligned with the organization’s mission and vision.
Even with budget or resource constraints, good CEOs always strive to produce high-quality products or services for clients.
Communication skills
Whether speaking to investors, employees, external partners, or other stakeholders, CEOs should strive to communicate in a way everyone understands and be transparent. They should also have an open communication channel and listen to other stakeholders’ opinions.
Motivation and collaborative skills
Kevin Modany says CEOs should treat everyone respectfully, encourage and value people’s contributions, and motivate employees toward effective collaboration.
Data-driven decision process
CEOs must consider all relevant factors when working on a strategy or operation decision. They should also gather and analyze information like marketing campaign results and national sales data.
High-level resourcefulness
Despite the industry, an organization’s business landscape can change suddenly without warning. Exceptional CEOs should quickly adjust, taking advantage of new opportunities and navigating new challenges.
They should also ensure that all activities and strategies align with their company mission and vision.
Performance responsibility
Kevin Modany says that good CEOs take responsibility for the company’s positive or negative performance because they are the organization’s face.
Innovation-focused
CEOs must focus on creating innovative products and services in the current highly competitive market. They should also encourage employees to generate new ideas.
Positive emotional intelligence
Highly performing CEOs should manage their emotions and approach situations logically. They should also empathize with employees and offer a positive work environment.
Employee development focus
Kevin Modany says that prioritizing employee development benefits the employees and the organization. Therefore, CEOs should invest in training programs and career growth opportunities.