CEOs of modern companies should focus on people and culture, act boldly and look after their own wellbeing, according to a June 3 McKinsey report.
To learn these valuable tips, McKinsey spoke to 67 powerful CEOs and asked them what leadership style they embody and why as well as what their advice was to other leaders of modern companies. Here are the six responses that summed it up:
- Act boldly, seeking new opportunities.
- The "soft" issues of people and culture should be treated as though it is just as important as strategy and operations.
- Start with roles, not people, then find the best people for those jobs.
- CEOs should establish a strong and honest relationship with the board of directors.
- Understand the purpose of the organization and lead with it in mind.
- Only do what is humanly possible, prioritizing mental health and wellbeing.