New CEOs often face the pressure to deliver quick results, but true success and confidence from stakeholders take time. Research shows that while initial support may be high, genuine confidence in a CEO’s leadership typically takes about two years to solidify. This patience and methodical approach can set the foundation for long-term success.
A striking insight from this research is that high-performing CEOs begin to significantly differentiate themselves after the third year. This finding underscores that real success is not an overnight phenomenon; it requires consistent effort and strategic confidence-building over time. During these first years, new CEOs should focus on aligning their team, engaging stakeholders, and demonstrating small but meaningful wins.
For those in the supply chain industry, this lesson is particularly relevant. Building a resilient and efficient supply chain, much like gaining stakeholders’ trust, demands time, patience, and continuous improvement. Embracing this journey, rather than rushing for immediate results, can lead to sustainable success and a robust, high-performing team.
But that’s the interpretation we took, by all means leave your thoughts in the comment section!
this article is based on the July-August 2024 Harvard business review article of ‘How CEOs Build Confidence in Their Leadership’.. if you would like more info, you can get the article from HBR, also reach out to us if you’re interested in learning more
