{"id":5598,"date":"2020-07-10T19:19:15","date_gmt":"2020-07-10T13:49:15","guid":{"rendered":"https:\/\/blog.iilm.edu\/?p=5598"},"modified":"2020-07-10T19:19:15","modified_gmt":"2020-07-10T13:49:15","slug":"ceo-now-needs-disruptive-transformer","status":"publish","type":"post","link":"https:\/\/iilm.edu\/blog\/ceo-now-needs-disruptive-transformer\/","title":{"rendered":"CEO \u2014 Now Needs to be Disruptive, a Transformer"},"content":{"rendered":"

–\u00a0to Reengineer by Creative Destruction<\/strong><\/p>\n

In a post COVID world, the CEO has to revisit the past, reengineer the present, crystal gaze into the future and possibly relook at what to keep and what to let go.<\/p>\n

As everyone grapples with COVID which will not go away soon, the business model has to be \u201cUnlocked\u201d. The unlocking will take different dimensions, with different sectors, different regions-countries, and opening up in different ways and at a differing pace. The virus resurgence will likely bring about renewed restrictions.<\/p>\n

In situations such as the Great Depression in 1920, the World War II, the Financial Crisis of the 90\u2019s a CEO had to be adept at the P&L, productivity metrics & number crunching, spending time to decide on launches and reenergizing the PLC.<\/p>\n

However today these factors are hygiene and the need is the ability to have an extremely high EQ and a personality to integrate with the teams as they get more result oriented, ready to experiment and more tech-savvy.<\/p>\n

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Integration is required across teams, which now meet on cloud meetings viz \u2014 ZOOM, across time-zones, departments with the absence of geographical boundaries. A CEO and an aspirant needs to be ready to disrupt, be tech savvy and highly EQ enabled to manage the emotional upheaval people will go through as everything around them changes \u2014 have the intellect to identify trends, be courageous to plan on what to keep and what to let go and be able to handle diversity of thought.<\/p>\n

Mckinsey in its article, The Toughest Leadership Test<\/a> avers \u201cThe pressures can seem daunting. Coping with the sudden shutdown of the global economy was hard enough; figuring out how to restart in such an uncertain environment is, if anything, even harder, many told us. CEOs are expected to show \u201cdeliberate calm\u201d and \u201cbounded optimism.\u201d Everyone wants them to demonstrate empathy \u2014 and, at the same time, be highly engaged and fact based in their actions.<\/strong>\u00a0They are expected to make a positive difference in people\u2019s lives with their leadership and wield both telescope and microscope adroitly\u201d<\/p>\n

It is said that a crisis brings about the best & the worst in people and separates the men from the boys.<\/p>\n

The moment of truth for the CEO is to- Reimagine the Business, to Reengineer and maybe destroy the \u201cold way of working\u201d and adapt to the NOW, and also manage the family at home and keep smiling.<\/p>\n

As a CEO are you ready?<\/em><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

–\u00a0to Reengineer by Creative Destruction In a post COVID world, the CEO has to revisit the past, reengineer the present, crystal gaze into the future and possibly relook at what to keep and what to let go. As everyone grapples with COVID which will not go away soon, the business model has to be \u201cUnlocked\u201d. […]<\/p>\n","protected":false},"author":318,"featured_media":5616,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[24,32],"tags":[647,649,871,300,45],"class_list":["post-5598","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-faculty","category-iilm-university","tag-creative-disruption","tag-economic-order-disruption","tag-eq","tag-leadership","tag-workplace"],"yoast_head":"\nCEO \u2014 Now Needs to be Disruptive, a Transformer - Educate, Illuminate, Inspire: Insights from IILM Blog<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/iilm.edu\/blog\/ceo-now-needs-disruptive-transformer\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"CEO \u2014 Now Needs to be Disruptive, a Transformer - Educate, Illuminate, Inspire: Insights from IILM Blog\" \/>\n<meta property=\"og:description\" content=\"–\u00a0to Reengineer by Creative Destruction In a post COVID world, the CEO has to revisit the past, reengineer the present, crystal gaze into the future and possibly relook at what to keep and what to let go. 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