top of page
  • Writer's

Looking to Become CEO? Here Are Three Ways to Get to the Top

Researchers conducted a 10-year study to learn what it takes to become the next CEO of your company.

Elena L. Botelho and Kim R. Powell studied over 17,000 C-suite executives as part of the CEO Genome Project and discovered that rising to the top isn’t what you would expect. It actually had nothing to do with having a business degree from an Ivey League school or having a perfect track record.

Researchers identified three “catapults” that allowed 97% of those they studied to reach CEO status.

1. Making a big leap.

Over one-third of those who were researched took a huge leap within the first decade of their careers. The study notes that rather than questioning whether or not they were qualified for the opportunity, these CEOs took a chance at something that was way beyond their expertise. By doing this they actually learned on the job and ended up gaining way more experience than they would have – which helped them succeed later in their careers.

2. Cleaning up a big mess.

The research found that over 30% of CEOs led a team through a messy situation. These CEOs were able to prove themselves through a difficult time, take the COVID-19 pandemic as an example. They were able to assess the situation in a calm manner, make decisions under pressure, take careful risks, and rally their team.

3. Don’t be afraid to go small.

The study found that 60% of CEOs took on a smaller role with greater responsibility at some point in their career. These CEOs were able to get a lot of management experience through working for a smaller company or moving to a leadership role in a young team.

References: CNBC

For more business tips and advice, you can watch all our videos on our YouTube Channel here.

Want to attend one of our upcoming virtual events? Click here to learn more.

18 views0 comments
bottom of page