Top leaders and CEO's have a critical impact on thousands and in some cases millions of peoples lives. The day to day decisions that are made and subsequent actions of the senior level executive determine profitability. This can be a difficult challenge at times. Executives are always monitoring data over various plat forms to maintain the competitive edge and keep the bottom line in check. Through an in-depth exploration of the dilemmas, challenges, and complexities inherent to existing models of corporate social responsibility these critical factors are important to the agility needed by todays top executives.
• Understanding the effects of strategic corporate social responsibility-its cost and benefits
• The ability to drive corporate social responsibility throughout the organization, integrating it with corporate strategy, decision making, and risk assessment
• Ability to realign corporate culture with corporate social responsibility strategies
• Thorough understanding of the political context of operations, and successfully interact and communicate with governments and key stakeholders
• Ensure that systems are in place for both avoiding potential "damaging events" and mitigating the effects of a crisis after it has occurred
• Pro actively identify and explore the most critical emerging issues facing the field of corporate social responsibility in the next decade
Executive leader mental fitness is essential. Top chief executive officers surround themselves with state-of-the-art thinking and research to help senior executives demonstrate that the sum of varied business ventures is worth more than the individual parts and to focus on strategies to mitigate challenges unique to multi business companies.
Enhancing an executives access to tools and innovative approaches for creating compelling corporate advantage across multiple business units is important. Continual education and research on how to assess markets, systems, processes, organizational structures, and strategies from a multi-business perspective are key signatures of top CEO's.
Executives have the ability to understand the proper framework for the analysis of corporate and sector-level strategies, accurately assess their firm's core competence, evaluate their corporate portfolio, and coordinate resources among existing business units. Senior-level teams often reconsider value creation across multiple businesses or operating units within their organizations from time to time to ensure the analysis is correct.
Often times senior level executives will scout programs that are designed to sharpen the strategic management skills of business leaders regardless of the industry or region in which they operate. The most successful companies are those prepared to anticipate and adapt to altered socio and economic circumstances.
Continually incubating innovative strategies for overcoming the inherent inertia of an organization is a primary characteristics found in top leaders. Executive agility means that the executive needs to maximize their ability to anticipate change, nimbly adapt to new realities, and thrive over the long term.
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