Impactful leadership means leading and serving with passion, delivering the best, and exceeding everyone’s expectations in the organization at all levels. On the level of CEO, the definition of leadership keeps on changing. For example, the COVID-19 pandemic put CEOs of every organization to the test. With their resilience and ability to sustain any of such conditions, they stood tall and led in ingenious ways.
CEOs have always proved their potential beyond crisis. There are multiple traits such as their courage, their passion, their intensity that differentiate them from others. The other traits that count are empathy and the ability to see the world through the eyes of others. With their generosity and humble behavior by sharing experience and knowledge, they enable their team to learn the right lessons, which is also an equally important part of leadership.
Undoubtedly, CEOs have strong communication skills, listening skills, along with the ability to read the people and adapting different management styles according to the situation. They don’t just lead by themselves; they lead with people. The most important job of any CEO is building a team by putting the right people in the right place.
Moreover, in any transformation or growth, culture is the critical element to the overall success of that growth transformation. Culture is the key strategy and hence, getting the right culture has become so critical. It has become critical for CEOs to be the people first and lead from the front. And, in order to do so, CEOs will have to work harder with the focus on the servant leadership model, with no titles.
For a CEO, there will be much more challenges that will be difficult to overcome but having the right team, approach and focus will drive any company’s success. Thus, spending time on building such a culture of people development with the right process and technology will make a huge impact.
After all, achieving excellence is good but achieving perfection always is not possible. As the trends in different industries keep on evolving rapidly, CEOs also will need to change their approach. Ultimately, the focus should always be on the team and the clients, as this can head them towards achieving huge success.
With such unparalleled expertise – Insights Success presents its new edition - Top 10 Pioneering CEOs to Follow in 2021. Featuring at its cover is Chad Holmes – CEO of Kivu Consulting. Chad states that as the CEO, it is critical to developing a people-first culture by developing high-performing teams. He adds that for any organization to grow it requires there to be unity, trust, and everyone going in the same direction after the same target.
Delve into more insightful stories of pioneering CEOs. While flipping through the pages, make sure to gain insights from the CXO standpoints and articles drafted by our in-house editorial team.
From maximizing advertisement relevance to customizing user experience, the benefits of applied sciences and advanced data analytics have become more apparent as industries adopt data-driven approaches to create new competitive advantages.
In this article, we focus on companies in the insurance industry that are implementing applications of data science to deliver efficient, risk-adjusted solutions by detecting fraudulent activity and providing a personalized customer experience.
The best place to start is by looking at some of the technological trends being used by insurance companies today.Growing Trends in the Insurance IndustryCustomer Experience & Coverage PersonalizationWith access to a customer’s behavioral, geographic, social, and account data, AI-enabled chatbots can provide seamless, automated, and personalized buying experiences.
The study shows that 73% of respondents indicated that by 2022, it will still be the leading use of AI in companies.Behavioral-Based Policy PricingIn the auto insurance industry, we are seeing ubiquitous IoT sensors provide personalized data to pricing platforms, allowing safer drivers to be rewarded by paying less for auto insurance (known as usage-based insurance).
These techniques have expanded beyond auto insurance, and we are now seeing health & dental insurance companies also use IoT sensors that provide people who maintain a healthier lifestyle with a lower rate for insurance.
This company provides a smart toothbrush to every customer and monitors their oral health, while using this information to support a dental insurance plan.
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You all might have got this question at least once in your life.Today, people are known to be successful or extraordinary, at some point in their past they were merely seen as ordinary individuals.
While some have been born leaders, some might not even have had enough resources like others but still managed to make it.Did they have any recipe to be successful?
They would not have made it if they didn’t have the required perseverance and patience in them.
They certainly would have followed their own instincts, overcame every obstacle and failure, and built their own path to reach where they are today.This clearly indicates that there is no such defined path or way that will ensure success.
You may end up building your own recipe of success, which may not work for others.If there is one thing that you can count on, it is studying their leadership styles and approaches and inculcate the same in your professional tenure.
In this edition of “The 10 Most Successful Business Leaders to Follow 2021”, we have handpicked those encouraging leaders who created their own successful sagas with their dedicated endeavors, grit, and determination.Featuring on the cover of this edition is Cameron Barrett, a personification of Accountability, Commitment, Teamwork, Innovation, Ownership, and Nimbleness.When passion meets expertise, the results achieved are transformative.
When someone utters the word ‘leader’ we often first think of the Prime Minister of the country, CEO, manager, or team leader.
Some might extend a thought to the man or woman of the house who takes care of the needs of families, support them during the troubles and give them the freedom to thrive with a choice of making decisions and owning mistakes.In short, you don’t always need a title to be a leader.
A leader is someone who “lifts a person's vision to high sights raises a person's performance to a higher standard builds a personality beyond its normal limitations,” as Austrian management consultant Peter Drucker says.Whether it is leading a family, an organization or a country every leader has to face a crisis such as the ongoing COVID-19 pandemic that tastes their leadership prowess.
And during such tough times when your family, team, or citizens of the entire nation is facing the fear of the unknown a leader is the only hope who, as American author John Maxwell says, “knows the way, goes the way, and shows the way.”However, with every COVID wave, the current global pandemic is bringing thousands of problems known and unknown, seen and unseen.
These dark circumstances require unlearning and relearn leadership in a new light.
And along with embracing the ‘new normal’ of the post-COVID era, leaders also have to inculcate these new leadership traits to lead during the crisis of COVID-19.#1 CandorCandor especially during this time means honesty without ambiguity.
