Think Like A CEO: 10 Bold Moves
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Boldness….if you don’t make history, you don’t exist!
Being bold requires a fearless mindset and intellectual stamina to sustain long-term growth. Although, we believe there is no single model for success. We do know, having the right mindset can make or break your career.
When I think of CEOs, certain habits, traits and practices come to mind. Things like strategic decision-making — allowing for circumstances to unfold before rushing into something, and listening to and asking for feedback to surface to make smart decisions.
The CEO Mindset is about taking time out each day to take a step back and look at the long-term direction of your business. It's about looking at the big picture and knowing how to share a compelling vision on what you're working towards.
As we help businesses transform into a new reality, we are noticing a handful of CEOs performing beyond their expectations because of the bold moves they make.
We like to share some ways to help direct your boldness on a path towards transforming your business by thinking like a bold CEO and it all starts with your Mindset which leads to the ability to acquire new skills to compete in this competitive landscape.
So we thought it would be a good idea to pick out 10 BOLD moves we see CEOs doing to separate themselves from the crowd in their Digital Transformation Journey.
10 Bold Moves
Adopt a transformation mindset: Make the transformation personal by modeling the desired mind-sets and behavior to put the transformation into focus.
Cut in order to grow: Treat your cuts as investments opportunities by investing more in other areas to move faster over time.
Assault the status quo: Don’t settle for the old ways of doing things, make trying new and unpopular things comfortable as a way of doing business.
Pursue strategic M&A and divestitures to improve the company’s portfolio: Acquire companies that spell out a common purpose can motivate, retain and align employees around long-term goals.
Boost productivity through digitization: Unlearn your business and use platforms to modernize your business smarter, safer and faster.
Do what others are afraid to do: Be vulnerable about what you don’t know and allow people who are more competent to lead conversations where you feel less informed.
Make a difference that benefits humanity: Let your voice be heard, but do not get so caught up in daily crises where you miss out on emerging opportunities.
Act Fast: Have the willingness to take bold and rapid action to either pivot-or-persevere fast..
Build The Culture: Establish your brand identity, social impact and profits around your Corporate culture and use it to energize the actions and deliverables of your employees
Create and sell a Compelling Vision: Set aspirational targets and announced them externally.
Remember
If you desire to make the big difference you want and what the market needs, you must practice bold leadership. Bold leadership requires courage and a commitment to change. Genuine, bold leaders are trailblazers who create a significant paradigm shift that improves the current situation. They are the ones who Make history.