Key Traits That Every Leader Needs to Master According to CEOs

July 28th, 2015 | Food for Thought, Workplace Resources | No Comments »

A contributor to Entrepreneur magazine, Chuck Cohn, the CEO and Founder of Varsity Tutors, recently shared information about five CEOs that he admires and the traits that these CEOs possess. He says that “these characteristics have dictate how these leaders have responded in the face of adversity, maximized available resources, and made the decisions that set them apart.” So what do these visionary leaders do that we should duplicate ourselves if we are trying to better leaders? What do Elon Musk and the CEO of Ford have in common? Let’s see how visionary CEOs make great leaders and what traits make them superb leaders. It is key to understanding challenges and staying resilient when it comes to leadership. It does matter.

  1. INNOVATION – For Elon Musk (Tesla and SpaceX CEO), it is moving beyond the status quo and innovating. Both of Musk’s companies, Tesla and SpaceX, faced bankruptcy back in 2008, but he overcame the odds and took an innovative approach to save both companies and not just one. He says, “If things are not failing, you are not innovating enough.”
  2. FOCUS – CEO of GoPro, Nick Woodman, has a good sense of focus and this made him a great leader from the beginning. He focused on the need he faced, that of not being able to take photos and videos while surfing, and this focus on detail drove him to create GoPro. He focused on a prototype and then expanded the company and it took off. He focused on the needs and specifics and then met them with precision.
  3. RESILIENCE – The  former CEO of Ford Motor Company guided Ford out of billions of losses and potential bankruptcy. He was able to stay resilient by focusing on teamwork and accountability and this allowed him to create a company culture that fostered success and working together.

So… get out there and find the leader within you! Innovate. Focus. Be resilient. Take chances and work together with others.