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10 Things Every CEO Needs to Do to Become a Success

10 Things Every CEO Needs to Do to Become a Success

What separates an über-successful CEO from an average one? It isn’t being super bottom-line focused or being a great salesperson (although those things don’t hurt). What elevates CEOs from so-so to stellar are the things you do to not just boost your own success but help your team grow, too.

When you commit to being a CEO who envisions and upholds a holistic growth plan for your company, employees, and yourself, it leads to success personally and professionally for everyone who touches the business.

How can you be a CEO who ups the game when it comes to creating this holistic-success mindset?

1. You must be mission-driven

A clear vision is critical to business success, but is your entire team on-board with that mission? And does that mission align with their own personal missions? It’s not as simple as saying ‘Here is what we need to do, now go do it.’ You must also define the why behind the action AND ensure that each individual employee has their personal ‘why’ defined as well. If they aren’t invested in where the company is going, they will stall and drag performance down with them.

ACTION STEP: Hold a Mission Workshop with your team to outline company vision and map out each invidual’s mission as well.

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2. You should create a culture

As a CEO, one of your jobs is to create and uphold a culture that differentiates your company. A culture is more than just a cool office, flexible work hours, and beer at 4:00 on Fridays. A culture is defined by the inherent values, energy, and actions that drive you and every team member to do their best work. It’s a comprehensive spectrum of factors including goals, benefits, environment, rewards, tasks, respect,and personality traits that create a culture. Each employee must fit into and value these elements or they will hold you back.

ACTION STEP: Do a comprehensive assessment of your company culture to identify where you are now, where you want to be and the gaps you need to close to get there—then implement them.

3. You need to be realistic

Many CEOs come on board with guns blazing, ready to rock the boat and change the game. However, with change comes stress. With change comes shifts in workload. With change comes different ideas on how to make it happen. This can create chaos in an organization. If you want to be a great CEO you will set realistic and achievable expectations that don’t burn out, frustrate, or overwork your team to ensure they are fully functioning and happy.

ACTION STEP: While you want to be strategic and vision-focused, you must also be aware of what is happening in the trenches. You were there once too. Care for your employees and they will give you massive returns.

4. You must manage stress

When you or your team are stressed out, it leads to sick days, reduced productivity, relationship problems, moodiness, and many other issues. Stress isn’t something to be taken lightly. It impacts health-insurance costs, innovation, employee turnover, and general engagement and happiness with your job. Successful CEOs know that not only do they have to manage their own stress at work and at home, but they MUST implement structured training, resources, and benefits for their employees, too. There is no one-size-fits-all stress solution so you need to customize resources for each employee.

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ACTION STEP: Work with a wellness coach or consultant (or identify someone within the company) to create a comprehensive stress-management program that is customizable to your team members.

5. You should customize benefits

As a smart CEO, you know benefits can’t fit every individual. Some people value pay and rewards while others value flexibility and freedom. Smart CEOs get to know their employees on a personal level to ensure they are offering benefits, rewards, and incentives that maximize what each person needs and wants in order to do a great job and bring their best to work every day.

ACTION STEP: Do a survey to really get to know what your team wants in terms of benefits. Then get creative in offering unique things to meet those needs.

6. You need to be flexible.

We don’t all work best in the same ways or at the same times. And while you do want to recruit and develop employees who fit the culture you envision for your company, you must also honor their individual work styles and needs. Some enjoy teamwork and others are more independent. Some are early risers while others are night owls. Like benefits or stress tools, creating a workplace that is flexible also requires customizing to each individual employees’ needs.

ACTION STEP: Instill in your management team the belief in flexibility so they can work with their employees to create schedules that work for them.

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7. You must set the right goals

CEOs are always setting and measuring goals. There is nothing worse than setting goals and having them stagnate and cause stress because you’re not making progress. When this happens it is usually because they weren’t set with the right guidelines in mind. A great goal should be gut-checked, obtainable, actionable, life-oriented, small, and supported. This goes for both personal and professional goals.

ACTION STEP: Work with an expert or coach who can help you create goals that fit your needs and hold you accountable along the way.

8. You should communicate clearly

A team in the dark is a team that can turn on you. When employees feel left behind, out of the loop, or out of control, they get stressed. Stress leads to lack of productivity, worry over job security, and even sabotage if they feel so much anxiety that they blame the company. As CEO, you must ensure you have a clear way of communicating changes, ideas, and company news that everyone can access. Plus be sure that your team has a way to communicate back to you.

ACTION STEP: Work with your HR or employee-relations team to create an open communication environment for your company.

9. You must listen well

When tough times hit a company, it’s not usually a blindside. Signs and indications were there long before it went bad. Listen to your team. Open your eyes to what is happening on the front lines. Have open dialogue with employees. Use what you learn to drive goals, actions, and changes for the success of the company, the team, and you.

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ACTION STEP: Be around. Don’t isolate yourself in meetings or your office all day. Hang out with your team to hear what is happening.

10. Don’t be a jerk

This should go without saying, but really, being a jerk never helped anyone. Many believe that being a success means being aggressive and plowing forward with your vision no matter who gets hurt in the process. But it is possible to lead well AND be nice at the same time. You don’t have to be too nice. You still need to hire and fire and discipline and create growth, but that doesn’t mean you have to be the CEO everyone hates or avoids.

ACTION STEP: Get in touch with your own goals and personality. Be honest with who you are and how people relate to you. Work on the areas in which you need improvement and your team will see you as even more of a role model.

Now it’s up to you to implement the above tips into your leadership strategy. This holistic way of approaching your business will not only create momentum in your own success but will help your team and company grow too.

Featured photo credit: Businessman looking at city via shutterstock.com

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Last Updated on December 13, 2018

There Is More to Life Than  ____________

There Is More to Life Than  ____________

I decided to leave the title of this article open ended, because I’d like you to fill in what words best fit that blank. We’re all unique individuals from different walks of life, and in different stages of life; so, that sentence will have a different meaning for each of us.

If you’re a busy working professional, why are you working in the job that you have now?

Is it because it’s something you’re passionate about and brings you a lot of satisfaction? Or, is it because you studied that in college and just found a job that hired you for those skills? Perhaps it’s because of the money that you’re earning, or know you can earn down the line?

What if you’re about to retire? You’ve got, say, 2 to 3 more years before you hit your ‘deadline’ for retiring. Have you done all that you’ve wanted to do in the past 30-40 years? Any unfulfilled goals or dreams? Are you happy with the outcome of your life to date, all the decisions and/or risks that you’ve made thus far?

I’m sure many of us started working after college in hopes of earning a good living–to be financially stable and able to afford the ability to experience and do things that we love. We start establishing a career, and with time, tick off boxes on our bucket or ambition list. As you look back on the last couple of years, just how much of your time has been spent doing things that you enjoy and love–the things that give you a great sense of fulfillment and meaning?

Have you become a slave to the economy, a slave to your work, or a slave to your kids? Or have you found a balance between work and pleasure?

When is Enough Ever Enough?

Sadly, many of us live to work.

Realists would argue that if you truly want to work to live, you still need the finances to back that up. No money no talk. That is how the world runs today. So if you don’t earn or make enough dough, it’s hard to truly enjoy life; it’s hard to be happy without money.

So, in this quest to provide just that, many of us end up spending our whole lives pursuing wealth and a life of status and material wants. But, is it ever enough? Is there such a thing as having too much money? And, at what expense?

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Many wealthy entrepreneurs, millionaires and even billionaires have come to agree that money doesn’t bring you all the happiness in the world. It’s good to have, but it doesn’t truly satisfy all desires. There comes a point where you would have ‘had it all’ and still feel a sense of emptiness: an empty void that needs to be filled, not with money or material possessions.

So the question is then, what more is there to life if not for financial stability, status or material possessions?

How do we make work a part of life instead of having it consume our life entirely? Perhaps we need to go back to look at the word life itself.

What is Your Purpose in Life?

What is the nature of life? What does life mean to you? Is there a purpose?

If we seek jobs, all we will find are jobs. But if we have a sense of purpose in how we are productive; if we seek a calling, then we will find more than a job. We will find our contribution to humanity and we will find more to life. Would you agree?

Research has shown that having purpose and meaning in life increases overall well-being and life satisfaction, improves mental and physical health, enhances resiliency, enhances self-esteem, and decreases the chances of depression. So it should be noted that to be happy in life isn’t always enough, because happiness is a surge of emotions that does not last. Instead, it’s more important to find and have meaning in life.

Meaning is not only about transcending the self, but also about transcending the present moment. While happiness is an emotion felt in the here and now, it ultimately fades away, just as all emotions do; positive affect and feelings of pleasure are fleeting. The amount of time people report feeling good or bad correlates with happiness, but not at all with meaning.

Have You Been Going on a Wild Goose Chase?

Ironically, the single-minded pursuit of happiness is leaving people less happy. “It is the very pursuit of happiness, that thwarts happiness”, according to Viktor Frankl, a famous Austrian Neurologist and Holocaust survivor. Going back to the common example of pursuing riches in order to be happy is exactly what makes many so unhappy.

So again, look at the statement “There is more to life than ______.”

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Have you answered it meaningfully? If you’ve read on this far, and are now wondering how to take that first step to figuring out what your true purpose is in life, fret not; I’m here to help you reframe your mind and actions, so that you can embark on a journey of finding true meaning to your life.

Everything that you can do and accomplish in life are bounded by 7 Cornerstone Skills. These are the true essentials needed to achieve excellence. They’ll put you on a path that gives great meaning and satisfaction in life. And, the best thing of all? They already exist in each of us. We just don’t always make the most of it, or sometimes we aren’t even aware of the power that each of these skills have to help us in life.

On it’s own, each skill is unique and can help you through different stages of life, or problems. But as a whole set, these 7 Cornerstone Skills will give you full transformation over any situation. No matter what phase of life you’re in, what you’re striving to achieve, or what feel you’re lacking, your pursuit of meaning in life will be much faster when you’re able to make use of not one, not two, but all 7 Cornerstone Skills.

The 7 Cornerstone Skills

So let me give you a glimpse into what these 7 Cornerstone skills are.

Creativity

Creativity empowers you to find unique solutions to problems, and see things in ways that you least expect.

It goes beyond the artistic impressions and aesthetics, and is a crucial building block of change.

Learning

Without Learning, you will not be able to advance and progress in life. Yet, there are many of us who always fall behind not because they don’t have the intellectual ability, but because they don’t know how to learn effectively.

Memory

And then we have Memory, one of the most vital components, because without that you have nothing to fall back on, nothing to gain from all the learning or experiences that you’re exposed to on this earth.

And with an ever increasing amount of information available, how can you store up as much knowledge as you can without overloading?

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Focus

And with any and everything that you do, a certain amount of Focus is always given.

Whether it’s the career ladder that you’ve been climbing, or the responsibility of being a parent, Focus is a flow that allows you to push towards the progress that you’re striving for.

Without focus, we find ourselves lost, demotivated and stuck in a rut.

Motivation

Many of us aren’t happy in life or with our jobs and responsibilities because we lack Motivation, and an overarching purpose as I already mentioned earlier. Motivation helps drive you forward, and gives you the focus achieve your purpose.

Habits

If you realize, every new day that comes is filled with routines. Whether it’s getting ready for work in the morning, putting your kids to bed in the evening, or setting aside time during the weekends for family time and activities, it all happens as a result of habits that you’ve built over time.

Therefore Habits dictate a big part of your life. Pursuing happiness, money or meaning all have a dependency on your habits. If you find yourself being controlled by bad or negative habits, it’s more likely to hinder you from being productive and reaching those goals.

Time

This also ends up leading to bad use of Time, or poor time management.

You might feel like you haven’t built a stable career yet because you lack proper time management. You find yourself spending a lot of time being busy, yet producing little outcomes.

Or certain habits might be consuming time that you can be using for other more productive tasks.

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Perhaps you’re on your way to retirement, and feel like it’s too late to find new meaning to your life. There’s not much time left to embark on a new journey again.

Are You Ready to Live Your Best Life?

The simple fact is, that if you can sharpen these 7 Cornerstone skills, you will realize that finding meaning in life, or reaching the goals and ambitions that you’ve set out for yourself, no matter what stage of life you’re in, is very attainable.

There is no magical method to having life figured out. The skills have always been there since day 1, you just need to know how to use it to the best of your advantage.

And I’m here to show you just how you can do that. Lifehack is all about equipping you with the best and most effective ways to increase your productivity, motivation and focus to achieve true Purpose in life, in as little time as possible.

Embark on a transformational journey with us as we show you how to learn and improve your 7 Cornerstone Skills so that you’ll come out a new person, ready to either pursue your existing goals at a much quicker rate, or to find new goals to pursue without being limited by time, age or responsibilities.

If you’ve been wanting a change, or been stuck in a rut for a while now, here is your chance to get started on pushing towards progress again.

Anyone can transform, anyone can change. Are you ready to live your best life? Click here to start your journey!

 

Featured photo credit: Caroline Hernandez via unsplash.com

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