CEOs are being pulled in a million different directions by several important constituencies. They have to answer to direct reports, employees, investors, customers, partners, vendors, industry groups, community stakeholders, and in some cases politicians and the media as well. And, that's not including family, friends, and significant others.
Even the most extraverted CEO will come to find the job exhausting, especially since so much of it involves the need for the CEO to have carefully thought through strategy and people decisions. When are you supposed to have the time to think about the future of the business when you're in meetings all day? Not to mention, when are you supposed to sleep?
Recently, Harvard researchers conducted a detailed study of how CEOs are spending their time, both at home and at work. The results are interesting and looking at the data will help you evaluate how to manage your time effectively as a CEO or leader of your organization.
Here's the research on how CEOs effectively manage their time:
Refocus your energy and considerable influence on what's most important to reap the benefits of your limited time. You won't regret time spent working on your own leadership development, the future direction and strategy of your company, and the culture you've created for your team. And, don't forget to get some rest to recharge!
If you want to learn more about how to spend your time well, come to the Breakthrough Conference in Charlotte this October. You'll have a unique opportunity to learn from other mid-market CEOs and hear from expert Cathy McCullough on this topic in her session titled The CEO Playbook for Growing a Performance Culture.