Practice 'practical paranoia'
I have had the good fortune of working with several successful CEOs prior to becoming a CEO myself.
In addition to my own DNA, I learned a great deal from their examples.
Some of the traits, qualities, and skills I learned from them include:
There are, of course, many things a CEO needs to know. But if I were to narrow it down, I would say realizing the importance of surrounding oneself with exceptional talent.
Creating an environment where your team can provide you and each other with candid feedback is critical to being a successful leader and having a successful organization.
Also, having a passion for continuous improvement and never being satisfied. Celebrate goals and achievements, and then personally forget them and focus on what needs to be done.
I like to practice practical paranoia. In other words I know the competition is never resting and we must compete against ourselves every day.
Rudy Pereira, president/CEO, $1.8 billion asset Royal CU, Eau Claire, Wis.