CEO’s think in a different way than the rest of us, and this results in increasingly higher levels of mastery in their business. CEOs
In studies and interviews with CEO’s, researchers uncovered 7 strategies that many business leaders apply when running their company:
1. Schedule wisely
Most CEOs are bogged down by constant meetings and emails, and that breaks up your day into only a few minutes of free time here and there. If you want to be successful, Jason Fried of 37 signals recommends limiting time-wasting meetings and emails. Set some time aside to think creatively without interruption.
2. Walk around the office
At first blush, this may seem rather absurd. After all, with computers and interoffice telecommunications, it seems unnecessary to visit the cafeteria, stop by the water cooler, drop by someone’s cubicle, or even run some copies on the office photocopier. Yet these apparently random excursions and errands allow CEOs to talk to executives, clarify issues, and even brainstorm new ideas. Marc Lore of Diapers.com has found this is a great way to keep people informed and on the same page.
3. Keep the personal touch
Walking around the office doing small chores is not the only way that CEOs keep the personal touch alive. They often do it in other ways, too. For instance, they may answer their own phones, send out their own emails, or join the staff in the break room to strike up personal conversations.
4. Practice productivity rituals
As offices become increasingly automated, it is easy to be distracted while appearing to be working. For instance, emails or telephone conversations can be distracting and addictive. By keeping an eye on time hogs and minimizing their level of interactions, CEOs can spend more time being focused on creating new projects or monitoring existing projects. Tim Ferriss, author of “The Four-Hour Workweek,” recommends doing an 80/20 analysis of daily activities at least once a month. The 80/20 analysis involves looking at the 20 percent of your activities that drive 80 percent of your success.
5. Understand stress in themselves and other
CEOs not only monitor their own stress levels to make sure that they are on top of things, but they also seek to learn how their key people cope with stress so that they know how to head off a potentially destructive loss of work flow.
6. Be customer-focused
It can be easy to become disengaged from customers and their needs as a CEO. If you want to be successful as a company, you have to be customer driven. Todd Pedersen, CEO of Vivint, said, “Let’s see what the customers need and want, and then deliver it better than anyone else.” With that statement, it’s no surprise that Vivint reviews and other customer feedback are an essential part of continually improving their products and services.
7. CEOs trust their people to get the job done.
A classic example of this approach is the CEO of Go Daddy, Bob Parsons. His domain name registration company consists of staff members who have become so self-sufficient that he can accomplish everything through them. In fact, he can even go on vacation without worrying that chaos will ensue. Using trust, he has allowed people the time they need to learn how to handle things well.
What is remarkable about these ideas is that they are not remarkable. CEOs, it seems, are adept at applying common sense, creating practical solutions, and doing things that foster innovation. For instance, it may seem unremarkable to walk around an office or let most people do most of the work. However, CEOs tend to see the big picture and they have found through experience that the common touch can sometimes seed extraordinary results.