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(Download PDF) Ceo School Insights From 20 Global Business Leaders 1St Edition Stanislav Shekshnia Online Ebook All Chapter PDF
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CEO SCHOOL
Insights from
20 Global Business
Leaders
Stanislav Shekshnia,
Kirill Kravchenko
and Elin Williams
CEO School
“CEO School is the kind of concise, focused look at what works, and what doesn’t,
that busy leaders will appreciate. Invaluable lessons from those who’ve lived it.”
—General Stanley McCrystal, former Commander, US Joint Special Operations
Command (JSOC), author of the New York Times bestseller Team of Teams
“Reading through the book made me feel: I’ve been there, I have done that, but
I wish I had read this book before.”
—Arzu Aslan, CEO of Tat Food, Turkey
“The authors have provided us with new and interesting angles on how to reach
the top and then stay there, carefully crafted in the style of an easy conversation
with a wise mentor.”
—Kevin Murray, ex-CEO, executive coach and bestselling author of
The Language of Leaders and Communicate to Inspire
Stanislav Shekshnia • Kirill Kravchenko
Elin Williams
CEO School
Insights from 20 Global Business Leaders
Stanislav Shekshnia Kirill Kravchenko
INSEAD Gubkin Oil and Gas University
Fontainebleau, France Moscow, Russia
Elin Williams
Oxford, UK
“You should start a CEO School,” said a voice from the back of the class.
This happened during an ordinary session in a traditional leadership
programme for executives at a top international business school. The first
author was teaching a topic that he’d covered many times before. So he
was surprised when one of the participants challenged him with a brand-
new idea.
“Running a company is a profession, just like medicine or flying an
aircraft,” she continued. “You should be able to train people for that.”
The intrigued leadership professor (who had been a CEO) called his
friend and colleague, the second author (who—as it happens—was still a
CEO), and a single idea began to grow into a whole bunch of questions….
Is “CEO” really a profession like any other? Should there be qualifica-
tions and exams? If so who would the examiners be? What essential skills
and knowledge should be covered by the curriculum? Would this need to
be adapted to different countries and cultures? What kind of continuing
professional development would be required? Conversely, what are the
“no-nos”: the things that CEOs should never do?
Last but not least, who were the best people to answer all these questions?
Who better, we thought, than a carefully assembled selection of truly
top international CEOs from the G20 nations: the world’s 20 biggest
economies? And over the next few years we set out to interview one
accomplished business leader from each of them.
v
vi PREFACE: WHY NOT A CEO SCHOOL?
The conversations with the 20 CEOs inspired most of the ideas and
approaches presented in this book, but our thinking has been strongly
influenced by many other people, their actions and their thoughts.
Hundreds of business leaders from dozens of countries with whom we
have worked as subordinates, colleagues, consultants, coaches, advisers and
directors over the last three decades made indirect yet invaluable contribu-
tions to this book by giving us multiple opportunities to observe CEOs in
action and sharing with us their views on how business leaders develop and
what makes them effective. Our research has incorporated a number of
leadership theories and concepts, notably the theory of personal attributes,
the theory of leadership roles, the contingency view of leadership, power
theory, leadership styles, agency theory and social capital theory.
Preface: Why Not a CEO School?
ix
That said, the work of two leadership theorists strongly shaped our
thinking on leadership and the design of our research. First, the books and
articles of Peter Drucker convinced us many years ago to look at what
effective business leaders do rather than who they are, to search for a lim-
ited number of success factors in CEO performance and to appreciate the
critical roles of practice and reflection in leadership development. Drucker
insisted that good CEOs work for the organisation rather than for its
stakeholders and create great companies that outlast their leaders. Second,
Manfred Kets de Vries has conclusively demonstrated the effectiveness of
a psychodynamic approach in understanding leadership performance and
development. He emphasises the critical role of leadership experience in a
CEO’s development and especially the positive impact of dealing with
early career adversity. Many years ago, Manfred introduced us to a clinical
approach and mentored us in designing and conducting research inter-
views. He taught us to see the invisible and to hear the unsaid—which is,
we hope, what makes our CEO School such a revealing read.
xi
xii ACKNOWLEDGEMENTS
xiii
xiv Contents
CEO Bios 141
Index 149
About the Authors
xv
List of Figures
xvii
CHAPTER 1
Abstract Before school starts, we’d like to define some common ground.
The CEO is the most senior executive in the company. He or she oversees
the business and makes key decisions within the framework of authority
given to him or her by the board of directors. So what makes a good
CEO? Our experts agree that a good CEO has a sufficient (five to seven
years) track record of delivering superior operational and financial perfor-
mance (beating industry competition and delivering returns to sharehold-
ers), creates a solid foundation for the business’s growth in the long run,
prepares a successor and leaves a positive legacy that outlasts his or her
tenure. The 20 experts agree that this all adds up to a very challenging
task, but from their experience they know that it’s not impossible.
They also agree among themselves and with many academics that there
can be no such thing as a standard curriculum with a final professional
exam in a “CEO School.” So don’t expect our CEO School to be a simple
“how to” guide or a step-by-step recipe for success. Rather, it is a well-
curated collection of expert insights supported by research findings to
apply to your own experiences and leadership development strategies.
After all, the job of CEO is a job like no other. So our CEO School was
always going to be a school like no other.
As with most learning, you’ll get more out of our CEO School, if you do a
little pre-reading. And, as with most books, we won’t begin at the begin-
ning but before it. Let’s get the essential background and key facts and
figures out of the way first, so that we can all start learning in the same
place and from the same base. But before we even do that, let’s take a look
at a job ad.
Yes, the role of the Chief Executive Officer (or, depending on where
you’re sitting, Managing Director, President, Head Honcho or just plain
Big Boss) is challenging—if not downright self-contradictory at times. And
the rewards, though usually generous, will be subject to endless scrutiny.
All the same, the title of CEO is much prized and has spread like wild-
fire through the English-speaking nations and beyond. It’s a surprisingly
14 S. SHEKSHNIA ET AL.
But that’s only one way among many of putting it. In fact, we heard
about curiosity so many times during our interviews that we almost lost
count. We’ll content ourselves with passing on just five insights from five
of our co-authors, each suggesting a way in which curiosity can play a big-
ger role in anyone’s professional life. We call them curiosity-enhancing
practices, and we believe they are also performance-enhancing practices
for all knowledge workers, CEOs included.
Updated editions will replace the previous one—the old editions will
be renamed.
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