What the CEO Wants You to Know (2001)

What is it? What the CEO Wants You to Know : How Your Company Really Works (2001) by Ram Charan is a short book tell some basic business concepts of What CEO cares about

Why bother? It's great to understand business leaders's expectation and mindset. 

Key Ideas :

• From complexity to simplicity with clarity: Use business acumen to reduce complexity to the basics of money making.
• Focus on business: Focus on consistent, predictable, and profitable growth.  Make decision based on the fundamentals of the business - cash generation, velocity, margin, return on asset, growth, and customer (P/E). 
• Execute with people: Take insights into how the organization really works and how to link people's actions and decisions to the right priority. This includes put right people in the right job, and help people develop and grow, channel people's energy towards the right set of priorities. 

Prof. Charan gives us a good read explaining the essence of how to become a successful CEO. 

Favorite Quotes

---

“Execution requires a comprehensive understanding of a business, its people, and its environment.” ​​ - Ram Charan, What the CEO Wants You to Know

References 

• Consumer-driven Six Sigma saves Ford $300 million.

Last Updated: 8/14/2022