Fascinating 10-year study by Harvard Business Review finds that successful CEOs share four common traits:
- They are decisive, and make decisions quickly and with conviction
- They get buy-in from employees and key stakeholders
- They look for early signs of success or failure, and adapt or pivot speedily
- They are reliable, and deliver results. That means they are judicious with what they promise, and strive to over-deliver.
The HBR study was based on 17,000 executive assessments by ghSMART, which studies career history, business results, behavioral patterns and emotional intelligence (EQ) in the C-suite of large companies ranging from publicly held Fortune 500s to privately held medium-sized firms and others backed by private equity.
Fun fact: Only 7% of high-performing CEOs graduated from an Ivy League university, and 8% didn't graduate from college at all.