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4 Skills Every CEO Needs

20140321 - home officeChief Executive Officer is one of the most important jobs associated with any company. The CEO is the one who makes important decisions and ensures that the daily operations run smoothly. While you already know that you need strong decision making skills and time management skills, you might not be aware of the other skills needed for the job. While the daily tasks that a CEO does can vary from job to job, most of those working in these positions today possess four clear and distinct skills.


You cannot expect to succeed as a CEO in the modern world unless you possess strong innovation skills. CEOs must know how to roll with the punches and pick themselves up and dust themselves off after a problem arises. Innovative thinkers are those who can think outside of the box. They can look at a situation and instantly come up with multiple solutions. CEOs know how to look at a problem from all angles and anticipate future problems. You may find that you need to handle multiple tasks at once and still be able to think about the future.

Communication Skills

The old idea of a CEO sitting in his or her office on the top floor and letting others run the company is an outdated concept. The Chief Executive Officers working today take more of a hands on approach. They work with different departments and employees every day and act as a liaison between the company and its clients or customers. You must have strong communication skills that not only help you communicate with those within you company but those who might work with your company. CEOs need both interpersonal communication skills and strong communication skills when it comes to emails and phone calls too.

Leading and Finding Leaders

One of the key skills found in professionals like Delphi CEO Robert Rosenkranz and others is the ability to lead others. Leadership skills are skills that you can develop as a team or group leader or as a politician in college. You must understand the importance of motivating others to do their best and posses the ability to make others follow in your footsteps. Good leaders also know how to find other potential leaders within a business. The next CEO and future leaders of your company are likely those working in lower level positions today.


If you think that the position of CEO is one that is rigid and stagnant, think again. A Chief Executive Officer position is one of the most flexible positions within a company. Many of these professionals find that their job duties change from day to day. They might spend one day in client meetings, working with clients in restaurants and meeting with them on golf courses before spending the next day going over paperwork and meeting with the board of directors. CEOs must also be flexible in terms of changing with the times and the ability to use new technology as it evolves.

Chief Executive Officers now spend nearly as much time working in their offices and with employees as they do meeting with clients outside of the office. As you work your way up the corporate ladder with an eye on a CEO position, make sure you possess the skills needed for the job.



My name is Derek, and I have my Bachelors Degree in Finance from Grand Valley State University. After graduation, I was not able to find a job that fully utilized my degree, but I still had a passion for Finance! So, I decided to focus my passion in the stock market. I studied Cash Flows, Balance Sheets, and Income Statements, put some money into the market and saw a good return on my investment. As satisfying as this was, I still felt that something was missing. I have a passion for Finance, but I also have a passion for people. If you have a willingness to learn, I will continue to teach.

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