5 Best Leadership Strategies of CEOs

According to Russell Reynolds Associates’ study on what differentiates CEOs from non-executives, there are nine attributes that effective CEO level leaders exhibit that other non-executives may not necessarily show. When we reviewed the study, our thoughts immediately turned to the highly successful entrepreneur and business executive Per Wickstrom. Per Wickstrom has superior leadership capabilities, which are commonly found among top industry leaders. Russell Reynolds Associates found the following 9 attributes to be distinguished characteristic of CEOs:

  • Willingness to take calculated risks
  • Bias towards action
  • Ability to efficiently “read” people
  • Forward Thinking – the ability to plan for the future
  • Intrepid – the ability to perform effectively in complex and difficult environments
  • Team Building – the ability to achieve success through others
  • Strategic yet tactical
  • Tough yet emotionally sensitive
  • Decisive yet inclusive

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Source: Russell Reynolds Associates

Out of those nine attributes, Per Wickstrom displays every one, and then some. He also values intelligent dissent, challenges conventional thinking, and is mindful of the consequences of his every action, from the micro to the macro level.

We’ve sifted through the research on executive leadership to come up with a list of the most effective CEO leadership strategies. Using Russel Reynolds Associates’ study and various other research we’ve found across the web from places like Forbes and Entrepreneur, we’ve created what we believe to be a condensed list of the 5 best leadership strategies of CEOs. Read on to learn more about the leadership strategies employed by top CEOs that work the best and can work for you too.

  1. Forward thinking and future proofing

CEOs plan for the future and protect their assets against future threats by preparing for what lies ahead. Per Wickstrom is a disruptor in his industry, and disruption is what keeps you ahead of the game and on the cutting edge of your industry. If you stay on top and plan to stay on top effectively, then you’re being a responsible CEO with outstanding leadership strategies, just like Per Wickstrom.

  1. Ability to efficiently ‘read’ people and team building

To be an effective leader, there must be plenty of high quality employees under you. In order to have quality people under you, you must be able to read people efficiently. When you can read people efficiently, you’ll be able to build a comprehensive, well-developed team of high performing individuals who can effectively collaborate as a group working towards the same overall goals.

  1. Willingness to take calculated risks

The difference in risk-taking behaviors between CEOs and non-CEO executives is that CEOS take calculated risks without being impulsive or too risky. Per Wickstrom takes calculated risks, like expanding his business further throughout the Midwest, while less experienced leaders might stagnate or try to grow too much too fast.

  1. Bias towards action

Successful CEO level executive leaders employ a strategy that favors action over inaction. Per Wickstrom, a successful CEO level executive, prefers action over inaction. He isn’t indecisive, which is a great an outstanding leadership trait. Many executives fail because they fail to act on tough decisions. Bias towards action sets CEO leadership strategies apart from the everyday leader.

  1. Challenges conventional thinking

The CEOs who really know what they’re doing challenge conventional thinking and encourage their employees to do the same. They value intelligent dissent, like Per Wickstrom does. CEOS not only have to think outside of the box, they have to completely disregard the box in the name of ingenuity and innovation.