Today’s CEOs Need Critical Capabilities

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    Chief executives today navigate a world unprecedented in complexity and unpredictability. Their success hinges on adaptability, authenticity, and continual growth in the role, even more than on preparation beforehand, says the ‘CEO Report’ by the Saïd Business School at the University of Oxford and Heidrick & Struggles. The report shows the role of CEO is structurally unique and preparation is, therefore, always incomplete. Embracing a mind-set of continual learning and curiosity is necessary for CEOs to cope with the uncertainty around them. The report identifies several critical capabilities CEOs need to succeed. These include the ability to determine not just the speed of change, but also the real and perceived scope and significance to the organization and its stakeholders; using doubt as a powerful decision-making tool; authentic adaptability; finding balance for both themselves and their organizations; and continued growth and renewal.