The Top Habits of Effective CEOs: Agile Leadership

Effective CEOs
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In this blog, we continue to explore the topic of agile leadership, which we covered in a recent breakfast we facilitated with business owners and CEOs.

In particular, we focused on the lessons from a study conducted by Michael Porter and Nitin Nohria from the Harvard Business School. The study provides an insight into the habits and day-to-day activities of successful CEOs of a number of large global organisations; including details how much time they spent on their key daily activities.

The top 10 strategies that made these CEOs effective give all leaders a good benchmark of how we should spend our time.  Once incorporated into your life they will help you to become a better and more agile leader, regardless of the size of your organisation.

  1. Leave 25% of free space in your diary for spontaneous meetings;
  2. Protect blocks of 2 hours or more of alone time to think, plan and execute projects;
  3. Focus on shorter and more effective meetings with clear agendas (e.g.instead of running an hour-long meeting, catch up for an efficient 30 or 45 minutes session);
  4. Be the champion of your company’s culture; lead by example;
  5. Create aligned and clear strategy across the business to provide clarity of direction for all;
  6. Manage emails during set times and set expectations in terms of which emails you will respond to;
  7. Develop leadership capability across the business and spend time with your direct reports knowing the impact this will have on your personal effectiveness;
  8. Limit routine responsibilities and focus on your quarterly business agenda and conduct regular business performance reviews;
  9. If your business operates in a B2B environment, make time to meet with your key customers;
  10. Lastly, make time for your personal wellbeing, including physical fitness and hobbies.

We hope you have found these strategies helpful.

For more information on the HBR study, follow this link.

 

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OUR DIRECTORS

Chris Mandzufas

Chris Mandzufas

Chris has a diverse range of skills and experience as a result of providing accounting, taxation, advisory board and management consulting services to owners and directors of fast growing businesses.

Chris Smith

Chris Smith

Chris Smith has been a member of the Chartered Accountants Australia & New Zealand since 2006, a member of the Tax Institute of Australia since 2013, and a registered Tax Agent since 2018.

Tony Monisse

Tony Monisse

Tony’s key focus is the integration of strategy and financial management. To this end he has developed tools and process that facilitate this integration, including business modelling, target setting and rolling cash flow forecasts.

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