CEOs mostly are hardworking people doing all they could to pull it off by bringing about better results through implementing a certain strategy and a vision. A historical retrospective would show that CEOs were mostly inspired think-tanks who are at the initiation of much what humanity has achieved.
Pick up any name on your mind of the most inspiring CEO and you can easily find out how much they changed your life through what they offered to humanity.
When a CEO kicks off a new business today, they try all they can to suggest to their customers a new recipe or formula of achieving a product or service that satisfies a need.
Would that still be the case tomorrow? What’s the difference between today’s CEOs and the next CEO generation?
We live at a time when it’s in most first world countries overly easy to start a business. To encourage the economy through the creation of small and medium companies, governments in developed countries have automated the procedure of registration of new companies. The process for the owner is as simple as filling your information in an online form, paying a small fee as low as USD 15in 2017 and off you go, you have a company hosted in London!
While the main and first goal of a business is to generate profit, most companies, to the greatest disappointment of the leading CEOs, don’t make a good ROI and they too often close within 3 years after their launch. The great vision of the CEO was not enough to save the company from going to administration (bankruptcy). Here are a few remarks or conclusions I have drawn from personal experience working in this field for the past 8 years.
1. New generation CEOs are more executive, and maybe slightly less visionary. They capitalise on execution in their companies and win it hard. The CEO of old films of the 1960s, that old white man in his 50s or 60s sitting behind a desk signing papers, is long dead. Good bye King CEO and welcome CEO Brand who gives the business a much-needed human face and who should travel and be everywhere to present the brand. 2. CEOs in training at Google today tolerate mistakes and do some themselves. Mistakes are seen not as failings but as opportunities to learn and improve and a necessary part of fostering a culture of creativity. Mistakes are even
seen as a necessity to learn and let others benefit from the CEO’s leadership skills. One way to assess the competitiveness of next generation CEOs is to measure their promptitude at learning from their mistakes. 3. Next generation CEOs are way more than simple managers. They consider theirs every battle the company fights and they take stake in it. 4. Future CEOs adopt the principles and values of sharing. They want to help. They see this as giving back to the community and caring for the young talents and helping them grow. 5. Young CEOs have a personal motivation to help people close to them. This, not only shapes their style of management, but also their appreciation of the realities of society. 6. New CEOs sustain their community’s cause and find original ways to help. For many people, the only person able to make a change big enough is the CEOs. New CEOs listen to new talents and help about. 7. The modern CEO realize they need to engage people of the community to help fix the problems of the community. 8. New CEOs understand their interconnections between clouds and IoT and they perfectly understand the far-reaching influence of social networks, mobiles and Clouds on consumer experience and perception of the brand. 9. Young CEOs are active on social media. They know how to enjoy their presence to be global and reach further sectors of their target audience.