The best executives tend to act not when they possess all possible information, but when there is enough data to accurately project outcomes. Waiting for a complete, detailed report on every possibility often means delays, missed opportunities, and ceding advantages to competitors. In the real world, executives rarely have the luxury of perfect insight.
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In an ideal world, leaders would have all relevant data before making a final call. High level leaders also need to have good judgment about the timing of choices. Executives need the confidence to make important decisions, and the smarts to make them wisely. The choices that the C-suite makes have the farthest reaching and longest lasting consequences. Undoubtedly, the choices executives make are more high stakes and hold more weight than the typical on-the-job judgment call. Chances are, executives skew on the higher end of that figure. Researchers estimate that the average adult makes around 35,000 decisions per day. It is absolutely essential for executives to have big picture thinking and be able to factor in many variables when analyzing situations. Narrow perspectives do not make for effective decision-making. Not to mention, high level leaders need not only consider the present, but also plan for 5, 10, 20 years down the road. Since executive-level decisions tend to affect the entire enterprise, every role within the C-suite must have a holistic view of the organization and consider the impacts on all departments when implementing change.īeyond internal operations, executives must also be able to envision the organization’s relationship to the industry and market at large, and the global climate. CEOs and presidents must have an understanding of each individual area of the company, as well as how those parts fit and work together. The responsibility of an executive is to shape and guide the entire organization.
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Here is a list of the most important skills for C-suite positions, founders, and company heads. Executives with these skills may show the signs of a good manager. Many of these traits overlap with leadership skills, HR skills and team management skills.
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The purpose of these qualifications is to identify professionals who would excel in upper management from the general workforce. For example, adaptability, decision making, and change management. Members hold office for a period no longer than the expiry of the term of office of the Chief Executive who appoints them.You found our list of top executive skills and competencies for C-Suite leaders.Įxecutive skills and competencies are traits high-level leaders need to oversee organizations. Terms of Office of Executive Council Members Members of the Executive Council have to be Chinese citizens who are permanent residents of the Hong Kong Special Administrative Region with no right of abode in any foreign country. Members' appointment or removal is decided by the Chief Executive. At present, the membership of the Executive Council comprises 21 Principal Officials appointed under the Accountability System and 16 non-officials. Appointment and Removal of Executive Council MembersĪrticle 55 of the Basic Law stipulates that the Chief Executive shall appoint members of the Executive Council from among the principal officials of the executive authorities, members of the Legislative Council and public figures. Members tender their advice individually, but the Council's conclusions are presented as collective decisions. If the Chief Executive does not accept a majority opinion of the Executive Council, he shall put the specific reasons on record. Except for the appointment, removal and disciplining of officials and the adoption of measures in emergencies, the Chief Executive shall consult the Executive Council before making important policy decisions, introducing bills to the Legislative Council, making subordinate legislation, or dissolving the Legislative Council. The Chief Executive presides over its meetings. The Executive Council normally meets once a week. Under the Basic Law, the Executive Council is an organ for assisting the Chief Executive in policy-making.
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Executive Council Purview of the Executive Council