Skip to main content

The CEO Test

 

Today brings a must-read book for leaders at all levels. The book is, The CEO Test, written by Adam Bryant and Kevin Sharer. You’ll learn what truly matters to be a successful leader and you’ll discover a clear roadmap for succeeding in these seven critical challenges – the CEO test: 

  1. Can you develop a simple plan for your strategy?
  2. Can you make the culture real—and matter?
  3. Can you build teams that are true teams?
  4. Can you lead transformation?
  5. Can you really listen?
  6. Can you handle a crisis?
  7. Can you master the inner game of leadership? 

“Passing the CEO test does not mean scoring a perfect ten out of then on each of the challenges. That would be unrealistic, as we all have our strengths and weaknesses. But we do believe that to succeed in a leadership role, you have to achieve a certain threshold level of proficiency in each of the skills,” explain the authors. 

Throughout this no-nonsense insider’s guide to navigating leadership’s toughest challenges, you’ll discover critical insights, revealing stories, compelling quotes and valuable lessons from dozens of successful chief executives. 

Some of my favorite takeaways from the book are these critical leadership questions and quotes: 

Questions:

Can you create a vision that the frontline person can understand, and see how they fit into it? 

How would you reimagine your company if you were starting it now, based on what you think the new normal will be once the crisis ends? 

Quotes:

The status quo is enormously powerful, and the enemy of change. 

When you have your own agenda when you’re listening to someone, what you’re doing is formulating your response rather than processing what the other person is saying. 

Leaders need to be more visible than usual during times of crisis, because they need to set the tone through their words, deeds, and body language. 

This week, authors Bryant and Sharer answered these questions about their book and the seven challenges that comprise the CEO test: 


Adam Bryant


Kevin Sharer

Question: For someone new in their leadership role, which of the seven tests do you find is typically the most challenging for them? 

The biggest challenges we see for all leaders, from new managers to veteran senior executives, involves creating clarity around strategy. In our extensive work with senior leaders across many companies, we have come to appreciate the degree to which the word “strategy” is a Rorschach test. Much like a classic inkblot, it means different things to different people. 

When you ask some people about their strategy, they may go to a very high altitude, sharing generalities about what the company does. At the other extreme, executives can get very granular, saying that their strategy is the ten priorities they are working on just for the next quarter. What is often missing is a middle layer that answers the simple questions of, where are we going and how are we going to get there? 

The most effective model for setting strategy we’ve encountered comes from Dinesh Paliwal, the former CEO of Harman International. He advocates a one-page exercise that states: 

  • an overarching goal of what the company wants to achieve over a certain period (which might be shorter for start-ups and longer for more established companies);
  • the three or four levers that a company has to pull to achieve the goal;
  • the challenges that have to be overcome to achieve those goals; and a scoreboard for measuring progress and success. 

Developing a simple plan – whether you are running a small team or a division —requires the important and rare leadership skill of simplifying complexity. There is a fine line, of course, between simplifying and oversimplifying, but the best leaders are able to boil down the strategy to just a handful of memorable ideas. 

At Disney, for example, CEO Bob Iger has said from the start of his tenure that the company will focus on embracing technology in all its forms, developing great content, and global expansion. That may seem obvious — the best strategies often do seem obvious — but they have been the guiding principles of Disney’s growth.  

Question: For someone who has been a leader for quite a while, which of the seven tests do you find is typically the most challenging for them? 

The test of building and leading a team of direct reports is a challenge for even the most experienced leaders, who can fall into the trap of thinking that if they assemble a group of high-achieving executives and call them a team, then they will then act like a team. 

But leading a team and being part of a team are very different skills, and the members of, say, a C-Suite team have probably spent much of their career being at the head of the table. Getting them to work effectively with their peers, even when they may be competing for resources, requires intentional effort from the person leading the team. 

We believe there are four key questions that every leader must answer for a team to be effective:

  1. What is the purpose of the team?
  2. Who should be on the team?
  3. How will the team work together?
  4. What is the leader’s role on the team? 

While every team is a work in progress, and must constantly be refreshed with people who have the skills to take the company to the next level, a measure of success will come from clarity around answers to each of those questions, which are too frequently overlooked and result in dysfunctional teams. 

And to the first question, “What is the purpose of the team?” there should only be one answer: to work together on tasks and setting priorities that are best executed as a team. What are the big strategic lifts that need the combined force of the entire team or subgroups of the team? Maybe internal cultural challenges need everyone’s attention, or industry dynamics are demanding a faster timetable for a digital transformation. These are the sprawling “How are we going to do this?” questions that no individual member of the team can answer alone. 

Question: When preparing your successor, which of the seven tests should you without doubt ensure your successor can pass? 

For the most senior roles in the C-Suite, particularly the CEO job, there is a test that is more about the inner game of leadership, rather than what you must do as a leader. Top leadership jobs are endurance tests. Not only do they require tremendous stamina, but they also require leaders to have a thick skin to handle the relentless criticism and second-guessing. It is easy for leaders to feel as if they are losing control of their lives to the job, because there is always more to do, and there are always crises, both small and large. To remain effective in their jobs and not be overwhelmed, leaders have to take care of themselves first so that they can help others. 

In a sense, these roles are a kind of paradox: the very best leaders are selfless—it is not about you, but rather what you can do for the people you lead and for your organization. Yet if you aspire to be that selfless leader, then you must learn to take care of yourself first; otherwise, your physical and emotional energy will be compromised, limiting your ability to help others. So, winning the “inner game” of leadership means answering the following questions, among others

  1. How do you manage your ego, which the trappings of leadership have a way of inflating, so that you don’t become overly confident and start communicating in ways that are off-putting to people?
  2. How do you handle all of the stresses from the endless demands, the weight of expectations, and the consequences of your decisions?
  3. How do you remain calm on the outside when you may be in turmoil on the inside?
  4. Where do you get the stamina to be your very best, in every encounter, through days of back-to-back meetings with different groups, all of which have outsized expectations of you?
  5. How do you make time for yourself so you can reflect beyond the demands and pressures of today to peer over the horizon? 

While these pressures are particularly magnified for CEOs, every person in a leadership role experiences them to some degree.

Thank you to the book's publisher for sending me an advance copy of the book.

Comments

Popular posts from this blog

Coach Campbell's Leadership Principles And Winning Approach

Trillion Dollar Coach  is about  Bill Campbell , someone you likely never heard of, who coached several of the biggest names in Silicon Valley during a 16-year tenure, and who’s behind-the-scene wisdom helped created over a trillion dollars in market value. Authored by  Eric Schmidt ,  Jonathan Rosenberg , and  Alan Eagle , they share that from Steve Jobs and Dick Costolo to Larry Page and Sundar Pichai, these big names in Silicon Valley give credit to Campbell for much of their success. Campbell, who died in 2016, started his career as a football coach at Boston College and Columbia then switched to business in 1979. As leaders at Google for more than a decade, Schmidt, Rosenberg, and Eagle had the benefit of experiencing Campbell’s executive coaching firsthand. In addition, for the book, the authors interviewed over 80 people with whom Campbell also worked. Through stories from those interviews, Trillion Dollar Coach features specific strategies and action ste...

The Phoenix Encounter Method For Leaders

“All businesses sooner or later face the need to reconstruct their future,” explain the authors of the new book, The Phoenix Encounter Method . “They will need to destroy part or all of the incumbent business model in order to build their breakthrough, future-ready organization.” Therefore, this book shares a new method of leadership thinking – the Phoenix Encounter – relevant to all organizations in today’s ever-changing environment. Readers will learn how to proactively bridge the gap between perceiving a threat and doing something about it. Written by three INSEAD professors ( Ian C. Woodward , V. “Paddy” Padmanabhan , Sameer Hasija ) and Rum Charan , you’ll learn the steps needed to create a wider range of options to: Defend your organization Fortify its core business Build specific renewal initiatives The steps are grounded in transformation that includes these three elements : The Phoenix Attitude : a set of mindsets, habits, and behaviors that allows a leader to ...

The Five Critical Roles You Need To Build A Winning Team

  The new book, Team Players , by leadership expert and New York Times bestselling author, Mark Murphy , explains why a team needs more than strong leaders—it needs the right mix of five roles and talents to succeed.   In addition, Murphy reveals that the secret to extraordinary teams isn’t making everyone the same—it’s embracing and leveraging fundamental differences through those five distinct team roles. No amount of teambuilding, trust, or cohesion can overcome having the wrong mix of people in the room.   The five essential roles and talents are:   The Director assumes a leadership role within the team, guiding its direction and making important, difficult, and even unpopular decisions.   The Achiever immerses themselves in the details of accomplishing tasks and getting things done, with a keen eye for delivering error-free work.   The Stabilizer keeps the team on track with meticulous planning, processes and procedures, clear timelines, and organi...

Leader's Playbook For Perpetual Innovation

  For over twenty years, Dr. Behnam Tabrizi has taught organizational transformation at Stanford University in its Executive Program, which he also directs. And now he’s written, Going on Offense: A Leader’s Playbook for Perpetual Innovation .  In a seven-year study, Tabrizi found that companies that focus their energy on building a supportive, purpose-driven culture that keeps people on edge, and boldly adapts to new environments are the companies that truly excel.  “Most companies pray for one innovation to skyrocket their growth. But the secret to success for the most innovative and agile companies is not just one good idea, rather a dedication to perpetual innovation and relentless experimentation that pulses through an organization, top to bottom,” explains Tabrizi.  His new book provides an insider view into the drivers of success and challenges in 26 organizations—including industry giants like Apple, Tesla, Amazon, Microsoft, and Starbucks—along with a...

10 Disciplines To Help You Stay Sharp And Energetic

The new book, Shine , is a transformative guide that illustrates how looking inward is the key to unlocking true entrepreneurial freedom. Certainly, Shine is a book for entrepreneurs, however, it is bound to benefit any business leader.   “Entrepreneurs often have a burning need to succeed. But that same relentless brilliance that propels you in your career can take a toll on your teams, personal relationships, and even your health,” explain author Gino Wickman and coauthor Rob Dube . “Our book will help you strike a crucial balance between those inner and outer worlds while taking your success to new heights.” In  Shine , Gino shares 10 disciplines to help you stay sharp and energetic without burning out. The 10 Disciplines teach you how they can lay a foundation that creates space in your busy life for you to consistently and optimally perform and achieve your inner peace.   “I have helped tens of thousands of entrepreneurs achieve significant business succ...

The 10 Essential Elements Of Dignity

In their book, Millennials Who Manage , authors Chip Espinoza and Joel Schwarzbart , quote Donna Hicks 's explanation about how dignity is different from respect . Dignity is different from respect in that it is not based on how people perform, what they can do for us, or their likability. Dignity is a feeling of inherent value and worth. Therefore, Espinoza and Schwarzbart recommend that leaders treat those they are leading with dignity and follow Hick's 10 Essential Elements of Dignity : Acceptance of Identity - Approach people as being neither inferior nor superior to you. Assume that others have integrity. Inclusion - Make others feel that they belong, whatever the relationship. Safety - Put people at ease at two levels: physically, so they feel safe from bodily harm, and psychologically, so they feel safe from being humiliated. Acknowledgment - Give people your full attention by listening, hearing, validating, and responding to their concerns, feelin...

How To Conduct A Successful Post-Merger Integration

  Most business leaders think that mergers fail because of bad strategy or overpaying. But according to former senior partner at McKinsey and Harvard Business School’s David Fubini , that’s not where deals break down. They fail in what comes during and after integration.   More specifically, “Integration is what makes or breaks the success of a deal. Not design, not financing, not due diligence, not negotiations of structure,” says Fubini. “Because no matter how expertly you manage these elements, if you can’t bring all the pieces together, all your efforts might as well have been an academic exercise."   Fortunately, in his new book, Post-Merger Integration: Building The Mindset, Skills, And Discipline Needed For Deal Success , Fubini (along with Patrick Sanguineti ) offers a behind-the-scenes look at how deals actually succeed and where they go wrong. And he shows leaders how to develop an Integration Mindset that will enable you to navigate the complex, nuanced reality...

Find The Truth In The Middle

If you're a parent of two children you already know that when the two are fighting and child #1 tells you what happened, you then ask child #2 what happened, and most often  the truth is somewhere in the middle  of what the two children have told you. Surprisingly, many managers, even when they are parents, don't use this parenting "discovery" skill in the workplace. Instead, they often listen to only one side of a situation. Whether it is because of lack of interest or lack of time, they don't proactively seek out the other side of the story. The unfortunate result is those managers form incorrect perceptions that can often lead to poor decisions and/or directives. So, the next time two employees are at odds, or when one department complains about another department within your organization,  take the time to listen to all sides of the situation to discover the truth that's in the middle .

How To Find Your Balance Point

A few years ago,  Brian Tracy , along with  Christina Stein , published,  Find Your Balance Point . "The desire for peace of mind and the idea of living a balanced life are central to your happiness and well-being. When you start to live your life in balance with the very best person you could possibly be, you will enjoy the happiness you deserve and experience harmony among all the elements that make up a successful life for you, as you define it," explain the authors. The book teaches you  how to identify you balance point, move to it at will, and automatically return to it whenever you want . "You need to establish your balance point before you can set and achieve the goals that are important to you," explains Tracy. The starting point is to develop absolute clarity about who you are and what matters to you. This means you much be clear about your  values . Then, chapter by chapter, Tracy and Stein take you through: Creating your vision and ...

Business And Life Lessons My Father Taught Me

I post this every year on or near Father's Day because the business and life lessons my father taught me stay with me forever. What he taught me has served me well--even lessons I learned when I didn't at the time necessarily realize I was learning from him. So, I thank my dad for teaching me the following business and life lessons : Listen - Growing up, I thought my Dad was perhaps shy or quiet. Really, he was just a great listener. I believe that's what made him so wise. He would listen to anyone. Young or old. New acquaintance or friend. Provide - My Dad provided for me. Music lessons. Vacations. Summer camp. Boy Scouts.  He gave. He put others' needs first. Today, I find in volunteering likely the same satisfaction he felt when he provided for his family. Educate - My Dad's passion was education. He loved to learn. He loved even more to teach. He lived to help other people learn. In the workplace, providing learning opportunities is one of the most powerful ...