CEOs and founders tend to become focused on the immediate and most urgent requirements of running their business. The answers to these questions will keep them grounded in reality and ensure they have a broader view of the big picture.
1. What could be the hammer blow to your business?
This encourages leaders to check for threats and blind spots. Just being aware can eliminate apathy and shift you towards being on the front foot.
2. What is happening in your sector?
You know there are patterns, market changes, technological advances, human capital movements, and political impacts you need to be aware of. Be disciplined about staying up to speed, even when things are chaotic, so that you can make the best decisions.
3. What is happening inside your organisation?
You may have a brilliant strategy to drive growth, but your organisation, its systems, and parts need to deliver on that strategy.
Leaders tend to focus on the strategy, goals, targets, tactics and approaches – but in reality, a combination of structures, processes, teams and people have to deliver these things. Knowing what is really happening inside your organisation will tell you what is possible (and what isn’t).
4. How do I ensure my skill set is up to date and keep growing my capacity?
Staying up to speed with the enrichment and growth requirements will help you evolve as a leader alongside your business, in the sector and wider environment mentioned above. Keep curating your CEO repertoire.