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Leadership Management: Success of CEOs, Challenges of Financial Metrics, and Balancing ESG Metrics

   

Added on  2023-06-07

14 Pages3832 Words395 Views
Running head: LEADERSHIP MANAGEMENT
Leadership Management
Name of the Student
Name of the University
Author note

1LEADERSHIP MANAGEMENT
Introduction
The essay helps in the entire analysis of the different kinds of factors which are
responsible in the success of the CEOs in the different kinds of organizations. Furthermore, the
different kinds of challenges of focusing only on the financial metrics to the long term success of
the organization are required to be analyzed and identified effectively. Lastly, the different
challenges which are being faced by the leaders in balancing financial along with ESG
performance metrics are required to be identified as well. Proper discussion is required to be
done in which this will help the leaders in addressing the different challenges.
Evaluation of Success of CEOs in Turbulent World
In the present era, the CEOs are the leaders of the organizations who help in guiding the
employees in performing their best and gain competitive advantage. There are few major roles of
the leaders which are required to be identified in order to evaluate the success in the
organization. The major roles of the CEOs are to inspire trust with both competence and
character along with creating a vision for the organization as well. Moreover, the CEOs need to
execute the different kinds of strategies which will be helpful in the success of the entire
organization and coach the potential as to improve the performance of the team and solve
problems in an appropriate manner (Adner, 2016).
In the present turbulent world, there are different kinds of aspects which are required to
be considered in evaluating the performance of the different CEOs in various organizations. In
order to become an effective CEO, there are few aspects which will lead to success of the leaders
which are described as follows:

2LEADERSHIP MANAGEMENT
Firstly, this is the duty of the CEOs to disruptive and pragmatic in nature which will help
in evaluating the success. The CEO is considered as the leader in corporate world who needs to
be pragmatic about the focus and pace of innovation which is required to be implemented in the
organization (Cashman, 2017).
Secondly, in order to be a successful CEO, the risk taking approach is necessary which
helps in analyzing that the leaders should take calculated risks and which are opportunistic
(Lester & Kezar, 2017). Moreover, the CEOs need to analyze the overall success of the
organization in different aspects which is inclusive of taking care of the financial aspects along
with providing motivation to the employees as this will increase the productivity of the
organization.
Thirdly, there should be the nature of continuous improvement process among the
leaders or CEO of the organization. This will help in ensuring that grit and perseverance do not
turn into self-delusion. The CEOs need to be strong enough which will counsel them towards
making continuous efforts to organization and themselves as well. The decisions are the fuel on
which the organizations run and this increases the productivity of the company if the decision
which has been taken is positive and is opportunistic in nature (Cashman, 2017).
Lastly, delivering the different tasks in a reliable manner is the other aspect which is
required to be considered while analyzing the success of the organization. The ability to reliably
produce the different kinds of positive results in the organization will help the organization along
with the employees in becoming highly potential and gaining huge competitive advantage as
well in the entire competitive kind of environment (Inyang & Ekeng-Ita, 2016).

3LEADERSHIP MANAGEMENT
From the above factors, this can be considered that in order to become a successful CEO
in an organization, this is mandatory in nature that the person needs to constantly anticipate the
requirements of the organization and they should not allow any kind of shortage of resources to
cause the company to miss the different kinds of opportunities in the market (Goddard,
Hazelkorn& Vallance, 2016). Additionally, the CEOs are responsible for delivering the
performance in the organization; however, there can be different kinds of challenges which can
be faced by the leaders. In such cases, the CEOs need to consult with the management team to
understand and analyse the key metrics in each area as this will lead to superior performance in
the entire organization (De Paoli & Ropo, 2015).
For example- Sundar Pichai is one of the most successful CEOs at Google who is being
able to be successful as his approach was to take into consideration the different kind of
viewpoints of the employees and implement them. Furthermore, there is a nature of continuous
improvement in Sundar Pichai which has helped him in gaining competitive advantage and the
productivity of the firm has increased to a huge extent as well.
Challenges of Focusing on Financial Metrics for Long-Term Success of Organization
There are various kinds of challenges which can be faced by the different organizations
when they focus on the financial metrics for the long-term success of the organization. In
analyzing the long-term success of the company, there are various factors which are required to
be taken into consideration apart from financial metrics. As a leader of the organization, the
CEOs need to analyze the capability of the organization to achieve the different organizational
goals efficiently (Adner, 2016).

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