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The 10 Best Performing CEOs Show What It Takes to Be a Great Manager

The 10 Best Performing CEOs Show What It Takes to Be a Great Manager

Often we look upon CEOs merely as the top dogs of organizations who take away the spotlight and the largest share of the rewards, without actually doing anything themselves. They’re thought of as crooked and tyrannical people who focus solely on the benefits for themselves and their organizations without any empathy for their subordinates and customers. Very little of this is true, however. CEOs need to work much harder than any of the subordinates and their job is constantly under scrutiny, more so than anyone else. Of course, they receive their fair share of rewards for this, but not everybody can mentally, physically and spiritually handle being a CEO, although almost everyone aspires to be one.

What does it take to be a CEO, and a very good one? Harvard Business Review released the list of top 100 best performing CEOs in the world for 2014. Now, let’s take a look at the top 10 on the list to discover what unique qualities they possess that set them apart from everyone else. We hope it will serve as something to look up to for all the upcoming CEOs and CTOs of the world.

1. Jeffrey Bezos (Amazon)

After the passing away of Steve Jobs, Jeffrey Bezos has become the leading philosopher/CEO in the tech world. The founder of Amazon.com has had a great role in the growth of e-commerce. He was born in Albuquerque, New Mexico in 1964. He graduated from Princeton University in 1986 with a Bachelor’s degree in computer science and electrical engineering. He started Amazon.com in June of 1995, initially as an online book store. The start-up saw remarkable growth, sales reached $20,000 a week within the first two months.

An important leadership lesson we can learn from him is: “If you want to be inventive, you have to be willing to fail.” In the early days of Amazon, they used to hire editors to write book and music reviews. Later they tried to focus on customer opinions only. This didn’t produce desired results but it was an opportunity for them to learn something. They later started using both. We should never be afraid of failing if we really want to create something new.

2. John Martin (Gilead Sciences)

John C. Martin is the CEO of Gilead Sciences, a bio-pharmaceutical company that focuses on research. He was born in 1952. He holds an MBA from Golden Gate University and a Ph.D from the University of Chicago, but his Bachelor’s degree is in chemical engineering from Purdue University and thus, he is a chemist at the soul.

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What is inspiring about Martin is that he has made it to the top in business, although he is primarily a scientist. It’s generally believed that scientists do not make good managers, but Martin has challenged the norm successfully and inspires others who aren’t primarily educated in business to do the same.

3. John Chambers (Cisco Systems)

John Chambers, the CEO and chairman of Cisco Systems, was born in Cleveland, Ohio in 1949. He started his career at IBM in 1976 as a salesman after obtaining an MBA from Indiana University. His rise from an IBM salesman to CEO of Cisco Systems, one of the largest tech companies in the world, has been an incredible journey.

In an interview with The New York Times, Chambers was asked, “What are the most important leadership lessons you’ve learned?” Chambers replied, “People think of us as a product of our successes. I’d actually argue that we’re a product of the challenges we faced in life.” This is a very important leadership lesson to learn. He frequently quotes Jack Welch, “It takes major setbacks and overcoming those to make a great company.” It’s very important to know that what is needed is not to never fall but to rise every time after falling.

4. David Pyott (Allergan)

Allergan Inc. is a leading health care company, and lot of the credit for that goes to its CEO, David Pyott. Since taking over the Irvine-based medical aesthetics giant in 1998, he has turned it into a five-billion-dollar-a-year enterprise. Pyott was born in 1953 in London to Scottish parents. He has received an MBA from London Business School, an MS from University College London and an MA from the University of Edinburgh.

The essence of his leadership can be encapsulated in his quote, “I never saw the next five steps. I only saw the next one.” Most of us plan for several years down the road, and quite pointlessly. We plan the future assuming certain things to happen at a point in future. But we might actually never reach that point. So remember this wise man’s words and plan for and work one step at a time.

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5. David Simon (Simon Property Group)

David Simon has served as CEO of Simon Property Group for 17 years, and has been with the company for 22 years. He was born in 1962 the son of Jewish-American real estate developer Melvin Simon. He received his MBA from Columbia University and a BS degree from Indiana University. Simon Property Group is the largest real estate company in the U.S.

Simon led the efforts to make the group public with nearly $1 billion initial public offering (IPO) in 1993 and the company has never had to look back. Back then, it was the largest real estate stock offering. What Simon inspires in us is to challenge the status quo and go beyond the point where anyone has ventured before.

6. Lars Rebien Sørensen (Novo Nordisk)

Novo Nordisk is a Danish company established in 1923 whose principal aim was to produce insulin for the Danish population. Now the company exports insulin all over the world and is an unrivaled leader in its industry. Lars Rebien Sørensen, the CEO, was born in 1954 in Copenhagen. He holds an MSc in Forestry from the Royal Veterinary and Agricultural University, Denmark and a BSc in International Economics from the Copenhagen Business School. Sørensen started with the company in 1982, working in the marketing department. He has served as president and CEO of the company since 2000.

The company under Sørensen’s initiative released a vision statement for the company called the “Novo Nordisk Way”, which very much sums up the values of the company and also how the efficacious CEO manages it. The vision of the company focuses on Scandinavian values, emphasizing individual respect for everyone, social responsibility and a sense of duty towards the environment.

7. Hugh Grant (Monsanto)

Monsanto is a Missouri-based multinational agrochemical and agricultural biotechnology corporation. Since 2003, Hugh Grant has served as the CEO of this company, which was founded way back in 1901. Grant was born in Larkhall, Scotland in 1958. He has received a BSc degree in agricultural zoology and molecular biology from Glasgow University, a MSc. in agriculture from the University of Edinburgh, and an MBA from the International Management Centre in Buckingham. He has been involved with Monsanto since 1981, when he worked in Scotland for the then US-based company.

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In an interview with Leader’s Magazine, on being asked about the key priorities of the company to ensure its stature as leader in the industry, Grant answered, “The leadership I hope we can provide at Monsanto is a focus on the success of farmers.” Grant believes that when the farmers succeed, the company succeeds. A leadership should focus on sustainability and providing something of value to the customers rather than accomplishing a few short-term goals. That way, a company can go on to retain customers and grow step by step.

8. J. Michael Pearson (Valeant Pharmaceuticals)

J. Michael Pearson has served as CEO of the Montreal-based Valeant Pharmaceuticals, which was founded in 1960, since only January 2014. However, he has led a remarkable rise of the company within the year and is the eighth-best performing CEO as per The Harvard Business Review. Pearson received BS and BSE from Duke University and an MBA from University of Virginia. He worked at McKinsey & Company for 23 years before joined Valeant as CEO in 2008.

Pearson proves that it doesn’t take much to produce useful results if we do things right. Much of his success has depended upon effective measurement of his sales force. Proper monitoring of the growth of sales activities, which directly correspond to meeting of sales objectives and ultimately the yield of business results, has been his principal leadership style.

9. Mark Donegan (Precision Castparts)

Precision Castparts was founded by Joseph B. Cox in 1953. Mark Donegan has served as the CEO of this Oregon-based industrial goods and metal fabrication company for 10 years, having been with the company for 27 years. Aged 57 years old, Donegan joined the company in 1985 from General Electric Company. He earned nearly $9.7 million in 2014.

The leadership of Donegan at this global leader in aerospace manufacturing has focused on acquisitions and discovering ways to increase efficiency. Rather than creating something on their own, the company takes over other companies who have achieved some level of achievements in their target area. Precision, which is one of two Fortune 500 companies in Oregon, recently acquired Titanium metals manufacturer Timet.

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10. William Doyle (PotashCorp)

PotashCorp is the world’s largest fertilizer company in terms of its capacity. William Doyle, the highest earning Canadian CEO, has served as the company’s CEO since 1999. He has planned to retire in July of 2015 and, by then, he will have overseen remarkable growth of the company and enrichment of its shareholders. Doyle was born in 1961 and is a Georgetown University graduate. The 39-year fertilizer industry veteran initially started his career at International Minerals and Chemical Corporation.

PotashCorp has created a document containing core values and a code of conduct for directors, officers, employees and representatives of the company. The document very much summarizes the leadership style of Doyle. One of the metrics for success has been listed as, “The long-term value we create for our shareholders.” Doyle and the company’s aim has been always to provide something valuable and sustainable for the shareholders as well as the customers of the company.

Featured photo credit: KRISTOFFER TRIPPLAAR/SIPA/AP IMAGES via img.qz.com

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Nabin Paudyal

Co-Founder, Siplikan Media Group

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Published on April 16, 2019

How Self Care Can Help You Live Your Best Life

How Self Care Can Help You Live Your Best Life

When was the last time you did something for yourself?

Whether it was deciding to treat yourself with a little something or travel for some R&R, how often do you practice self-care?

Well, as good as above sounds, there’s a common misconception that many of us have about self-care: that it’s only about indulgence and enjoyment.

However, self-care goes far beyond indulgence. It’s actually about respecting your mind and body, understanding its limits, and being able to take care of every part of yourself, in a holistic way.

And, you really don’t have to go to extreme measures or do anything specific–like meditating or following a plant based diet–in order to practice self-care. You just have to make sure that what you’re doing is in your best interests.

So how can you make that happen?

Below are a few proven methods that will help you become a better version of you. Follow through with these regularly and you’ll be well on your way to living your very best life.

Listen to Yourself

The bulk of self-care is knowing yourself.

This means knowing your body’s limitations, and being in tune with your feelings, emotions and thoughts. So it’s important, then, to know who you are and what you want to do in life, in order to truly say that you know yourself. 

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What is your purpose?

Have you ever thought about this question?

Your purpose doesn’t have to remain the same throughout your life. What you found a purpose in at age 19 would likely be different at age 49.

In your current situation, think about the different roles that you have – as a working professional, a spouse, a partner, a parent, etc.

Do you feel like you are fulfilling your purpose through any of these roles?

All you have to do is ensure that what you’re chasing is meaningful to you; this will bring focus and motivation as you strive to achieve your goals.

If you have your purpose defined, then that’s awesome! You know what drives you and why.

But, if you don’t feel like you have a purpose nailed down, it’s good to start by asking why.

For example, why are you working in your particular job or industry? If the reason is vague or unclear, then your motivational energy will be the same. In which case, you may find yourself not having a direction for where you’re headed in life.

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If you’d like to learn more about finding your purpose, then I recommend you check out this article:

How to Get Motivated and Be Happy Every Day When You Wake Up

Seek Out Continuous Education

Now, this may seem less common when you think of self-care, but lifelong learning is incredibly useful and an important component of taking care of yourself.

It’s Super Practical

Lifelong learning is extremely practical these days and does not require as much effort as it may have in the past. Long gone are the days when you could only find information on something by visiting a library. In this day of the internet, anything you can imagine is at your fingertips.

You don’t need to physically go to a learning institution to learn. You can watch Youtube videos to learn new skills, take online courses to earn a degree, and scroll through an endless amount of articles, books and journals from reputable news and informative sites.

When you’re constantly pushing yourself to learn and take up new things, your mental health also improves. Research shows that an active and engaged mind is responsible for diminishing age-related memory loss and improves overall cognitive abilities.

Your Confidence Will Skyrocket

You’ll also have improved self worth as it teaches you to step outside of your comfort zone, which will undoubtedly improve your confidence.

You’ll also connect better with others by expanding your knowledge base. Learning exposes you to a multitude of new ideas and perspectives that you may have otherwise never considered. This also increases your adaptability. Whether it’s at work or just wanting to adapt to society, your peers, and loved ones, life long learning prepares you to take on new challenges.

You’ll Be More Desired in the Job Market

Another obvious reason for continuous education, is that your employability will also increase.

With the ever changing economy, and huge influences from technology, social media, science etc., job descriptions today are moving targets. Assignments and roles change so quickly in response to changing business demands, it becomes a Herculean task to keep a job description database current.

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In years past, stability was a characteristic of the world of work. Procedures, information, jobs, and organizations were established and provided continuity. Education was completed in the first 14 to 22 years of one’s life, followed by a long career occasionally punctuated by short-term job training.

Today, however, jobs, companies, and technology are disappearing and being created simultaneously. To remain current and maintain a competitive advantage in the human capital marketplace, an individual is challenged to continually learn.

People return to school at every age to enrich their skills and knowledge for their current positions. Some even prepare themselves for new jobs or career changes, moving them forward into new opportunities and technology.

We can be assured that we will be challenged to continue to learn new tasks and information throughout our lives. Successful careers belong to flexible, curious learners who are prepared for opportunities because they know themselves and where they make their best contribution. As Peter Drucker, the father of modern management stated,

“Knowledge is choice.”

Lifelong learning also increases social awareness and perspective. To genuinely understand and empathize with others, increase social awareness, and foster strong interpersonal relationships, it’s important to seek out new perspectives. Enhancing the skills that positively impact emotional intelligence can bring even greater happiness and success, both personally and at work; and, this is all part of self-care.

Improve Your Habits (Both at Work and at Home)

Now, the last piece of advice I want to introduce to your self-care regimen, is to improve your habits.

Habits define who you are, and are built up over time. You are what you eat is a great example of this. If you make it a habit to eat foods that nourish your body, rather than make your body feel bad, then you will be much healthier overall.

Good Habits Allow You to Reach Your Goals

Since habits dictate your days and nights, such as waking up every morning to get to work before a certain time, or brushing your teeth before bedtime every night, they play a major role in whether we do or do not reach our goals.

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When you form habits that allow you to progress towards your goals, you’re automatically living a purposeful day, everyday.

Habits Make Your Time a Priority

How do you spend your free time? Do you opt to lounge on the couch watching Netflix passively, or do you engage in activities that support your purpose in life?

It’s natural to waste a lot of time during the day, but fostering good habits will make you set a pattern for how you spend your time and give you the choice of what you choose to spend your time on. By improving your habits, you’ll find that you can be a LOT more productive. When you create good habits, you become more efficient with your time and a lot less is wasted.

This in essence creates an overall positive influence on your life, allowing you to treat your mind and body well, which is why improving your habits are so important to self-care.

Your Well Being Comes First

We live in such a fast-paced society, where we are often so caught up in our work, families, maintaining our social lives, our studies and everything in between. It’s an understatement to say that life can get a little overwhelming at times.

If you’ve ever watched the safety video onboard a plane, you’ll know that they always ask for a parent or adult to put on the safety mask first, before tending to the child. This may sound selfish, but the fact is that if you truly want to ensure the child’s safety, then your safety needs to come first so that you can protect and care for the child without complications from your end.

The same goes for self-care. We need to ensure that our well being is priority, so that we can be the best for the people around us.

Listening to yourself, practicing lifelong learning and improving your habits are steps that you can take to ensure you’re constantly in the best state of mind, alongside the indulgence and rest that you reward yourself with.

Featured photo credit: Photo by Raychan on Unsplash via unsplash.com

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