August 07, 2024

The challenges and lessons of transitioning into the CEO role with Ty Wiggins #280

23 minutes

In this episode of the Strategy and Leadership Podcast, Anthony Taylor interviews Ty Wiggins, CEO and Executive Transition Practice Lead at Russell Reynolds Associates. They discuss the challenges and lessons of transitioning into the CEO role. Ty shares insights from his book, 'The New CEO,' which focuses on the importance of adapting leadership style, managing expectations, and building a strong executive team. They also discuss the impact of communication and culture on a CEO's effectiveness. Overall, the conversation emphasizes the need for curiosity, adaptability, and a focus on organizational culture in order to succeed as a CEO.

#CEOtransition, #leadershipstyle, #executiveteam, #communication, #culture, #organizationalculture

Takeaways:

-Transitioning into the CEO role is a significant challenge that requires adapting leadership style and managing expectations.

-Effective communication is crucial for a CEO, as their words and actions have a significant impact on the organization.

-Building a strong executive team is essential for a CEO's success, and it requires creating an environment of collaboration and trust.

-Understanding and shaping organizational culture is a key responsibility of a CEO, as it has a profound influence on the organization's performance.

Ty Wiggins is a leadership expert who is passionate about setting new CEOs up for success. As the lead of Russell Reynolds Associates’ CEO & Transitions Practice globally, he helps world-leading CEOs successfully onboard and transition into their role, to unlock business (and personal) success— faster. A trusted advisor, he guides new CEOs through their first 12-18 months in role, so they land well and perform quickly. Ty is one of one of only a handful of people globally with a PhD in leadership transitions. He harnesses his deep academic and consulting background to provide CEOs, boards, and senior leadership across industries with the skill and advice needed to enact transformational change.

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