As a leader, new or otherwise, one of the greatest gifts you can receive is sage advice from a wise mentor. Imagine your luck, if someone would take the time to write you a letter with a 10-point checklist of tips, gathered over many years of experience as well as interviews with leading CEOs and chairmen from around the world.
Well, it’s your lucky day! Published in the McKinsey Quarterly is a Letter to a Newly Appointed CEO, written by their former managing director Ian Davis. It is written for a new CEO, but it is valuable to all leaders who believe in self-reflection and lifelong learning.
Here is a small sample of the advice offered:
Context is critical – you must be keenly observant both internally and externally, and remember that what worked in one context doesn’t necessarily transfer well to another.
Don’t just surround yourself with people you are comfortable with – it is important to have a bit of grit to reduce decision making bias and risk.
Make mindful choices – rather than letting circumstance or your staff determine your priorities.
Get objective, balanced feedback and information – find some room and time for mavericks and talking to your frontline staff.
I feel strongly that you will find several, if not all, of these ten pieces of advice extremely valuable.
To read the full article, you can go to https://www.mckinsey.com/featured-insights/leadership/letter-to-a-newly-appointed-ceo