5 Think about your legacy
The average tenure of a CEO at a Fortune 500 company is 6.7 years, according to analysis by executive search firm Spencer Stuart. Over that time, leaders will encounter economic highs and lows, risks to the reputation of the business and a constant stream of difficult decisions. So, leaders need to think about how they want to be remembered. Often in senior positions there is so much focus on day-to-day happenings and responding to immediate pressures that it is hard to envisage the longer-term implications of actions and decisions. One way to build a legacy as an ethical leader is to communicate a compelling vision and purpose, so everyone in the organisation knows what it stands for and ethical decision-making becomes part of their everyday roles as well. This way, even after leaders have moved on, their values live on.
As an Associate Professor of Behavioural Science and Entrepreneurship and Innovation, Dawn focuses on leadership and innovation, with a particular focus on destructive leadership. Embrace the power of people in your organisation with our suite of Future of Work Postgraduate Awards as part of the Warwick Leadership Pathways.
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