In the search for a new CEO or another C-suite executive, many companies want to find a transformational leader. There are certain characteristics of a CEO that help the company move through a transformational process or major change.
Transformational leadership involves the leader working with teams outside of their immediate self-interests. This allows the leader to identify necessary changes and create a vision to guide the transformation with their influence and inspiration. Transformational CEOs will execute this change together with committed members of a group.
Even if your company doesn’t currently have any major changes planned, hiring a transformational CEO allows you to prepare for unexpected changes. It also allows for continuity of leadership. The following are traits of transformational CEOs to look for during the recruiting process.
Transformational CEOs should be honest and have integrity. These traits allow them to get others to trust them immediately, encouraging others to follow their lead. This, in turn, means that team members naturally want to follow the CEO’s guidance during the change.
Innovation is an essential part of any major change in a company, making this another essential trait for transformational CEOs. These executives also push their team to be innovative. Specifically, they push for smart innovations that focus on offering solutions to customers’ problems.
The innovation that drives transformational CEOs does not have to come purely from their intelligence. It is more important that they are curious than being the smartest person in the room. This curiosity allows them to inspire the greatest minds in the company.
Ability to View Complex Problems at Multiple Levels
Transformational CEOs work to guide the entire company through changes, which require them to view problems at every level. They need to have the ability to view complex problems from various perspectives. For example, they will evaluate an issue from their perspective as well as those of the competition, current and future employees, customers, and the board.
The ability to have multiple perspectives is not just in the case of issues. Transformational CEOs can do this regularly. They can listen to customers and gain insights into their needs. This ability gives the company marketing advantages.
Being Go-to Sources
Because of their ability to gather multiple perspectives, transformational CEOs become go-to sources for anyone looking for insights. These include peers, competitors, customers, and even the media.
Having a Model for Success
Transformational CEOs have an established model for success. They have used this model in the past and can explain it in a way that makes it seem simple, even to those who are unfamiliar with it.
Spotting Great Talent
Transformational CEOs also have the ability to spot great talent. They can recognize the passion, talent, and skills in people they come across and know how to put that to use for the company. This reduces the number of new talent companies has to recruit during a transformational period