Executives play in a bigger league; they play for higher stakes; and the game is for keeps. Doing the day-to-day, hands-on work doesn’t fit the job description of the executive; driving the strategy, developing the bench, and making high-caliber decisions have become the new coinage of the realm. When you understand who executives are, what they do, and how they do it, you stand a better chance of joining their ranks. Here are five suggestions for enlisting in this august body of leaders:
1.Practice F2 Leader Leadership
What explains the differences between the leader who rises steadily through the ranks versus the one whose career mysteriously jumps the track short of an executive position? If people find the fast track in the first place, they probably know how to get the job done, have displayed integrity, and offer enough intellectual acumen to succeed. When a leader offers all these and still fails, flawed leadership style may be the culprit. F2 Leaders—firm but fair leaders whom others trust—commit themselves to both relationship behavior and task accomplishment.
2. Move beyond Problem Solving to Innovative Decision Making
As you climbed the stairs to your current position, others called on you to solve problems. The status quo changed; you figured out the cause for the change; and you returned things to the way they were. But this process only restores the status quo. It doesn’t take the company into the future. Decision making, on the other hand, requires innovative thinking and separates those who land in the executive chair from those who don’t.
3. Align Strategy and Execution
A breakthrough product, dazzling service, or cutting-edge technology can put you in the game, but only rock-solid execution of a well-developed strategy can keep you there. Effective execution pushes you to decipher your broad-brush theoretical understanding of the strategy into intimate familiarity with how it will work, who will take charge of it, how long it will take, how much it will cost, and how it will affect the organization overall.
4. Plan Succession
The previously perceived quiet crisis of succession is now sounding its siren, and smart companies are responding by creating disciplined approaches to managing their futures. Leaders of these companies understand that you need a systematic approach to talent development. Individuals who take the same systematic approach to their own advancement stand a better chance of landing in the executive chair. It won’t happen without a plan, however. Define where you want to be; look at yourself and the person currently in that role. What experiences, skills, talents, behaviors, and relationships separate you from that person? Now, how can you create these for yourself?
When people characterize those who land in the executive chair, they often offer “vision” as their most important attribute. Without question, effective leadership requires a strategic focus. Click To Tweet But remember. People in mental institutions have visions, too. Seeing into the future is not enough. Those who land in the executive chair and excel there understand they must outrun their company’s competitors, all the while inspiring loyalty among those who follow them and developing their own leadership excellence.
Dr. Linda Henman helps CEOs and Boards of Directors set strategies, mergers and acquisitions, plan succession, and develop talent. She can be reached at firstname.lastname@example.org or 636-537-3774.