Advice for a new CEO

Recently, a friend became the new CEO of a credit union. This is her first opportunity to sit in the corner office. She asked me for advice and I was happy to oblige.

I told her it’s been a little over two decades since I first became a CEO to a board of directors. I felt some of the same anxieties she feels now. Like her, I figured the first thing I should do is ask for advice.

I contacted several successful CEOs I personally knew who I believed would give me good counsel. I thought they’d have experiences and wisdom that could help me get started.

I also called a few former CEOs whom I learned had been fired from their jobs. I wanted to know what happened and the advice they would have for me as well.

 

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