
Dear Friends,
I am sure being promoted to a first time CXO would have delighted you. You might have also thrown a big party for friends & family, which would have easily costed you around INR 15-20K.
Did you ever consider investing a similar amount to "set yourself up for success"? Do you know 65% of people who grow into a CXO level fail in their roles and don't grow further. Did you know 73% CXOs change jobs due to lack of growth. (Ref. McKinsey Leadership Study)
Why does this happen?
Being promoted into a CXO is one challenge overcome. The bigger challenge is continuing to remain a CXO, which requires one to be successful in the role or that level. When you become a CXO, there are numerous new challenges that you are likely to face - new set of leadership dynamics (politics), higher expectations in-terms of strategic thinking, executive presence, communication, influencing, public speaking skills and constant push from younger leadership talent below you. All of these could lead to continual self doubt and insecurities. The truth is one cannot lead with constant self doubt and insecurities. So, what does one do? Learn how to deal with these and overcome these.
All of this requires a conversation to craft a growth strategy with a Professional Coach. So think about it.
If this makes sense, sign up for one such Growth Strategy Coaching Session. One session of 120 minutes could change your life and career for ever. This would most definitely create more value than your investment on a celebration party, post your promotion (which is also important).
regards
Anand Bhaskar, MBA • Professionally Certified Coach ICF • Advisor SEA Fund • Angel Investor • Speaker • Blogger