Veteran businessman Norm Brodsky suggests five criteria necessary to excel as chief executive officer. A CEO:
1. Has to be a leader, not a pied piper. He defines a pied piper as a charismatic figure who leads people over a cliff, while a leader safeguards the business and credibly conveys what needs to be done.
2. Sees around corners, knowing what’s coming, avoiding trouble and seizing opportunity.
3. Loves solving problems, which means prioritizing them and working relentlessly until the main ones are fixed. At the same time, CEOs can’t ignore the upside.
4. Always puts the organization ahead of his or her ego gratification.
5. Is financially literate beyond accounting, using data to spot trends and opportunities, problems and potential disasters. With that kind of feel, a leader can steer the herd to greener pastures.
— Adapted from “Are You CEO Material?” Norm Brodsky, Inc.