As a company executive, you’ll take on a leadership role and will be charged with making decisions that shape the direction and trajectory of the company. Your decisions will most importantly affect the lives of your company’s employees and consumers. Therefore, it is important that you have a solid combination of management and decision-making skills.
There are many ways to facilitate the learning required to enhance your leadership skills within or away from your workplace.
A company’s success lies with its decision-makers, who are the company executives and its investors—the shareholders. Shareholders are important to the company because they provide funds for the company to keep it in business, this also means that shareholders have a stake in the company and its success. They should understand the basics of insider selling before committing to buy shares in a company.
Company executives who own more than 10% of the company’s stock can buy and sell stock whenever they wish and don’t have to report their activities to shareholders. This places shareholders at risk of losing their investment if the stock price falls below market value and company executives sell their shares without alerting shareholders who could stand to lose their money.
This is rare because most company executives work for the success of their shareholders and consumers. The best company executives are always working to improve themselves and their integrity, leadership, and communication skills.
There are many ways you can become an asset to your company. Below is a list of character traits you’ll need to be a successful company executive.
Strong Leadership Skills
Leadership encompasses your ability to understand, encourage, make the best decisions, and nurture your team. As a leader, it is important to use your past experiences as a map to help you better yourself. Building healthy humility and confidence are the hallmarks of great leaders. Confidence allows you to take on any challenges and make the best decisions.
You’ll only succeed at what you love and fail at what you condemn. Fortunately, love for your responsibilities can be fostered through a positive mental attitude and affirmation of love for the work. Affirmation of love for your work will activate passion for your work, making it something you look forward to doing and actively participate in.
Strong Moral Compass
Being grounded in good and honest moral principles and ethics will help you keep your company on the right path regardless of any challenges that might arise. The success of your company will depend on it. Consumers and employees look to be associated with a company that has integrity and positively affects the world and all in it.
Effective Communication Skills
C-Suite executives need the ability to effectively communicate at every level of the company. You’ll need to develop your ability to persuade and influence decisions with confidence. The ability to effectively work with others provides positively reinforcing feedback and receive feedback from colleagues. Taking communications and influence class would help you develop your skills.
Learning change management skills will give you the ability to quickly identify useful opportunities and confidently lead your company in an effective and successful direction. Change management skills are highly sought-after skills for company executives.
High Emotional Intelligence
This is the ability to be aware of, control, and express your emotions. It means being self and socially aware, having the ability to handle interpersonal relationships in a judicial and empathetical manner. It is the key to both personal and professional success.
As an effective executive, you’ll also focus on developing your team’s skills and careers. It’s important to have a diverse team with different strengths and abilities to ensure success.
Well Rounded Approach
Company executives have to have a passion for the entire organization to know how to implement new policies that make the company successful. You should take a holistic approach when implementing policies so that they positively affect the whole company.
When you delegate, you use it as an opportunity to teach and mentor your team. Your team should look to your expertise when they need help and you should encourage them to succeed using positive reinforcement.