The qualities that distinguish a successful executive are many and varied. They include vision, leadership, networking and the ability to delegate. However, one of the most important factors for an executive is a strong desire to succeed. Executives who possess this trait are able to rise above any challenge and overcome any obstacle.
A good executive will set ambitious goals for a company and then help employees achieve these objectives. These individuals are also skilled at identifying and seizing opportunities that will boost the business. Additionally, these leaders are adept at working well in teams. With corporate culture placing a renewed emphasis on teamwork, this skill has become increasingly valuable for executives to possess.
When interviewing candidates for a top-level position, ask them about their personal career strategy Arif Bhalwani and how they plan to climb the corporate ladder. Then, listen carefully to their answers. They should be able to describe their plans in detail and explain why they believe these will work for them. They should also be able to give specific examples of how they intend to implement these strategies.
An executive who can’t effectively delegate responsibilities to subordinates is doomed to fail in this role. During the interview process, see if the candidate can describe how they delegated duties in previous positions and which employees they trusted to perform these tasks. Similarly, listen for any indication that the candidate is a micromanager.
Good executives are highly intelligent and can sort out the “noise” from the actual information they receive. They are able to use this information to make a quick decision that will have a positive impact on the organization. They are not afraid to make a mistake, as long as they can learn from it. They also have no patience for complaints without solutions.
They have a clear sense of direction and know what they want to accomplish, but are also open to other suggestions. This allows them to be a “trusted advisor” for subordinates, as well as peers. They can look back at past experiences and former bosses, gleaning lessons learned, and they are open to collaborating with people from outside the company who can provide fresh ideas.
The best executives are able to anticipate obstacles and make decisions accordingly. This is a vital skill because it enables them to make the most of opportunities and to avoid costly mistakes. An executive who cannot take the time to make a plan will not be effective, regardless of how smart he is.
A good executive will be a skilled negotiator who can build coalitions and gain the support of other executives. This is particularly useful in situations that require a consensus, such as deciding how to allocate resources. They can also negotiate with clients to create win-win scenarios that will benefit the organization. Finally, they are able to keep their cool in stressful situations and remain focused on the big picture. They can also adapt quickly to changing circumstances.