Intellectual honesty, accountability, and self-awareness are three of the four key capabilities of strategic leaders – leaders capable of inspiring change, innovation, teamwork and competitive performance in their companies and organizations. The final and fourth key capability of strategic leaders is the ability to attract and develop great people – to be a ‘talent magnet’. Boards searching for CEOs, and CEOs searching for a top executive team must interview candidates and select CEOs with these four capabilities in mind. And once successful CEOs and C-suite leaders who lose any of these capabilities should be removed.
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