Five rules for new CEOs

The Five Rules Every New CEO Should Follow

Achieving the top of the ladder is never easy. But being successful in a top management position is even more difficult.

In this article, Roger Martin suggests 5 simple rules he recommends every new CEO to achieve quick wins that help build a strong management team, and ultimately long term sustained competitive advantages:

• Enlarge the business boundaries
• Evaluate competence before changing people
• Involve the team in decisions
• Define and execute an integrated strategy
• Create room for diversity