When a wrong decision is better than none

When looking at the behaviours of top performing CEO’s, The Harvard Business Review article, ‘What Sets Successful CEOs Apart’, identified that one of the critical behaviours to acheiving high performance was the ability to make quick decisions with conviction. In fact their data suggested that people who were described as “decisive” were 12 times more likely to be high-performing CEOs.

For those executives who are considering elevating their board careers, deliberately developing, practicing and improving this key behaviour will raise the odds that they’ll become high-performing chief executives themselves.

Their research challenged many widely held assumptions. they revealed that while boards often gravitate toward charismatic extroverts, introverts are slightly more likely to surpass the expectations of their boards and investors.

They were also surprised to learn that virtually all CEO candidates had made material mistakes in the past, and 45% of them had had at least one major career blowup that ended a job or was extremely costly to the business. Yet more than 78% of that subgroup of candidates ultimately won the top job.

So as we know, never be afraid to fail and learn from those failures and don’t overlook the introverts when considering board level appointments.

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#ceo #topleadership #highperformingleadership #decisiveleadership #decisionmaking #exceptionalleadership #talentacquisition #boardcareers #talentdevelopment #learning