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What are The Requirements to Be a CEO?
Beverly Lieberman,
President
Halbrecht Lieberman Associates
Boards of Directors who hire CEO's generally answer
“experience”. The=
y seek
candidates who have similar industry experience, come out of companies of
comparable /or larger in size, have positive Wall Street/investor relations
experience, have a "vision", leadership skills and a demonstrated
ability to build an effective team. Educational credentials are usually
required as well.
While all the above are important, an often unstated but vitally important
element in the selection of successful candidates is th=
eir
perceived "fitness" for taking on the key assignment. Senior
executive positions are difficult. They require long hours, intense focus, =
lots
of travel, challenging business obstacles to deal with, etc. All of this ca=
use
mental and physical stress with its associated wear and tear.
While all agree that it is not appropriate to select candidates based on
physical impressions, my experience in the many executive searches I have c=
onducted
is that the winning candidate has the “image" of energy, drive a=
nd
the ability to withstand the work load. In the recruiting process, the Board
members are curious to discover if the candidate has a routine work out
program, plays tennis, jogs, golfs, etc. Of course, an executive's physical
appearance gets noticed right away. While it is not legally appropriate tha=
t a
candidate gets turned down because of physical attributes, the leaders of
Fortune 500 companies most often possess "executive bearing", whi=
ch
implies an advantage to being physically fit and not significantly over wei=
ght.
Is physical appearance/fitness widely considered an indicator of potential
success? While none of us want to admit it, the answer is a resounding
"yes". We have historically looked up to people who are "tall
and slim". Just think about it for a moment... look at the example of =
U.S.
Presidents...JKF, Lyndon Johnson, Jimmy Carter, Bill Clinton and the George
Bush's. These men were/are all about 6' tall and trim. While talented
executives will not all have the benefit of the perfect physical appearance=
, it
is important to make a conscious effort to maximize your physical impact. T=
his
includes managing your physical fitness, your weight and paying close atten=
tion
to your wardrobe in order to package yourself for success.
Hand
in hand with physical fitness goes emotional and psychological fitness. The
ability to focus, handle pressure, deal with complexity and ambiguity and m=
ultiple
demands all cause stress. How does an executive deal with these issues? I f=
ind
it very often the case that top executives have learned to use relaxation
techniques such as meditation, short naps, walks and visual imagery to help=
out
during working hours. Some executives make use of a coach or mentor. Some s=
eek
support, quietly, from psychologists. No matter which technique works best,=
it
seems the case that it is imperative to utilize some resources to help mini=
mize
or relieve the stress.
There is a major theme today that will become increasingly prominent in the
years ahead-- it is "work/life balance". The most advanced
corporations have initiated Human Resource programs that promote this goal =
and
help teach employees ways to achieve balance. These corporations are
discovering the benefits of increased human performance and preservation of
critical human resources.
And in order to attract the best candidates, I suggest that the Boards of
Directors and top executives embrace the benefits of work and life balance =
and
not only be supportive but be willing to act as role models. Young and midd=
le
age executives no longer plan to work 12 to 16 hours a day on an ongoing ba=
sis
in order to advance their careers. Many executives are opting out of this. =
Some
are even turning down promotions and relocations. Some are working flex hou=
rs
and even staying home with the kids and letting their spouse take over the
income earning roles. Creating a culture of fitness and performance will gi=
ve a
corporation an edge over those who focus on traditional methods.
We need to acknowledge that, in addition to experience, health and fitness =
are
important elements to getting “the big job”. They are also crit=
ical
elements in the success of an executive and the organization he or she lead=
s.
So, if you are not on a fitness for success program, get one started. It's a
major factor in your success, your company's and your family's.
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