As a newly minted C.E.O., you may think you finally have the power to set strategy and full access to the finer points of your business. But if you expect the job to be as simple as that, you're in for an awakening.
You’re the new C.E.O.—and you’ve come face-to-face with these paradoxes: The more power you have, the harder it is to wield without demoralizing other managers. You bear full responsibility for your company’s fate, but you don’t control most of what determines it.
So how will you succeed? First confront the unforeseen challenges of your job. A sampling: You’re not really the boss—the board is. As your company’s biggest celebrity, you’ll see your every word and deed instantly spread, amplified, or misinterpreted. And you can’t run the entire company—you just don’t have the time.
Then remind yourself of the essence of your role: creating the conditions that will help others excel. Spend your time articulating strategy, installing sound processes, and mentoring key people.
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