Top 10 OUTstanding CEOs to Follow in UAE (2)

1. UAE's Most Inuential CEOs You Need to Know Amr Salem From Internet Dreams to IoT Reali?es

2. teams, and to lead by example., , , , Successful CEOs are those who have the ability to inspire and motivate others, to build strong - Cyril Ramaphosa

3. www.thecioworld.com

4. Editor’s Leaders are Made, Note eadership transcends titles, positions, and the size of one's team. It is a quality nurtured rather than L innate. The scrutiny on CEOs has intensified, shifting from mere profit drivers to advocates for various stakeholders, including employees, customers, and the broader community, encompassing environmental and societal concerns. This change shows that more people are realizing that a company's success isn't just about making money. Nowadays, customers, investors, and talented individuals They are Not Born prefer companies that care about the environment, society, and good governance (ESG principles). When a CEO focuses on these things, it demonstrates a commitment to long-term sustainability and creates a sense of purpose that can motivate employees and make customers loyal to the brand. Of course, directing these new expectations requires a delicate balancing act. CEOs must still deliver results for shareholders, but they must do so in a way that aligns with the company's broader values. This may involve making difficult choices, such as investing in clean energy even if it means sacrificing short-term profits. But the rewards can be significant. Companies with strong

5. ESG practices tend to outperform their peers in the long run. They attract and retain top talent, build trust with customers, and are better positioned to navigate the complex challenges of the 21st century. The future of the CEO role is not about abandoning profitability, but rather about redefining it. The most successful CEOs will be those who can create a win-win situation, delivering value to shareholders while also serving the needs of all stakeholders. At The CIO World, we celebrate CEOs worldwide who have propelled their companies to stand out in the competitive business world. In this issue titled "UAE's Most Influential CEOs You Need to Know," we pay tribute to their journeys. Navigating business leadership requires innovation, adaptability, and a commitment to excellence, and these CEOs exemplify these qualities. They stand as beacons of inspiration for aspiring and seasoned leaders alike. Have an enlightening read ahead! - Alaya Brown Managing Editor

6. Editor-in-Chief Chidiebere Moses Sam Carter Deputy Editor Alaya Brown Managing Editor Maria Evans Assistant Editor Visualizer Chris Carter Millie Simon Art & Design Head Judy Smith Art & Design Assitant Phoebe Jacob Business Development Manager Aisha, Olivia Business Development Executives David Walker Technical Head Mia Rodricks Assitant Technical Head Helena Smith Digital Marketing Manager Eric Smith Research Analyst Richard Martinez Circulation Manager Follow us on www.facebook.com/thecioworld www.twitter.com/thecioworld We are also available on RNI No.: MAHENG/2018/75953 Copyright © 2024 The CIO World, All rights reserved. The content and images used in this magazine should not be reproduced or transmitted in any form or by any means, electronic, mechanical, photocopying, recording or otherwise, without prior permission from The CIO World. Reprint rights remain solely with The CIO World.

7. UAE's Most Inuential CEOs You Need to Know Company Featuring Descrip?on Amr, Quantela Inc.'s CEO, is a tech innovator and engineer, Quantela Inc. Amr Salem leveraging IoT to redefine infrastructure and human- www.quantela.com CEO machine interac?on. Standard Chartered Cynthia drives success as CEO, blending strategic acumen Cynthia Asmar with financial exper?se to steer the organiza?on towards Bank CEO unparalleled growth and innova?on. www.sc.com/in With a founda?on in science and a passion for Argaam entrepreneurship, Islam Zween's leadership at Argaam Islam Zween Investments (LLC) Investments epitomizes strategic vision and opera?onal CEO www.argaam.com excellence. As CEO, Jayesh is transforming the banking landscape with his Wio Bank Jayesh Patel strategic leadership and commitment to customer-centric h?ps://wio.io/ CEO digital solu?ons. Star?ng as a Contracts Engineer a?er a transforma?ve Black & White Mick Cairns appren?ceship, Mick's career blossomed into a quest for Engineering CEO www.bw-engineering.com personal and professional growth.

8. CONTENTS 16 26 08

9. CONTENTS From Internet Dreams to IoT Cover Story Amr Salem 08 Realities Islam Zween Visionary Leader Fostering 16 Strategic Partnerships and Investments Mick Cairns Journey of a Lifetime: 40 Years in 26 Engineering Articles Common Mistakes CEOs Make 22 and How to Avoid Them What are Some Examples of Successful CEOs and What Can 32 We Learn from Them?

10. Amr Salem From Internet Dreams to IoT Reali?es Leaders need to be able to adapt their leadership , , , , style continuously to suit the individual(s) and the situation or circumstances. This becomes crucial in a multinational and multicultural environment because respecting local practices without sacricing the overall company values is very tricky to maneuver. C O V E R S T O R Y

11. Amr Salem CEO Quantela Inc.

12. Navigating the Tech Giants' Era and Embracing the unique business model set them apart in the market. Rather Internet of Things Revolution! than selling technology outright, Quantela offers end-to-end technology solutions to clients and is compensated based on ave you ever heard the saying, "Sometimes, when the value generated from these solutions. This means that a new technology, an old problem, and a big idea the company doesn't merely sell technology; instead, it sells H come together, it turns into an innovation"? the value created through technology, taking a share of the generated value. Well, Amr Salem not only heard it but embodies it. . As the CEO of Quantela Inc., he is a driving force behind big For instance, if Quantela's solution contributes to energy changes, showing us how committed he is to using savings, they take responsibility for designing and technology in new and exciting ways. implementing all the necessary technology. In return, they receive compensation by sharing in the energy cost savings Educated as an engineer, he came of age during a pivotal achieved for the client. This business model reflects era when the internet's influence was surging and tech Quantela's unrelenting commitment to their clients' success giants like IBM, Microsoft, eBay, Amazon, Oracle, and and objectives. They prioritize ensuring that clients are not Cisco were shaping the narrative of success. Fueled by left burdened with technology, guiding its utilization to fascination and determination, he embarked on a career achieve their ultimate goals. journey that saw him contributing to renowned companies such as Digital, Compaq, HP, and Cisco. Quantela has garnered support from key investors, including Digital Alpha—a prominent alternative asset Amr's pivotal realization unfolded as he grasped the manager specializing in digital infrastructure, originating profound shift from the "Internet of People" to a more from Cisco's internal VC arm. Additionally, Energy Impact expansive vision—where machines and devices would Partners, a global investment platform at the forefront of the seamlessly join the Internet, fostering interaction between sustainable energy transition, contributes to Quantela's people and technology. This epiphany aligned seamlessly strategic backing. with the emergence of the Internet of Things (IoT), a technological frontier that he wholeheartedly embraced. Fostering Success Through Empowerment Quantela Inc., under Amr's leadership, has become a In reflecting on his leadership philosophy, Amr Salem's trailblazer in the IoT landscape, spearheading digitization in direct and pragmatic approach has been a hallmark of his infrastructure and redefining the way we connect and professional journey. Colleagues who have collaborated interact with the world. His strategic foresight and with him over the years attest to his unwavering commitment to pushing the boundaries of digital innovation commitment to results and creating value for shareholders, position him as a driving force in shaping the future. recognizing it as the ultimate objective of any business. As the architect of Quantela's vision, Amr is not merely Within the organization, there is a clear understanding of leading a company; he is pioneering a future where how each individual's work contributes to the overall technology seamlessly integrates with our lives, opening success of the company. Amr emphasizes empowering new dimensions of possibility. His journey serves as an individuals based on their responsibilities, allowing them inspiration, urging us to envision a world where the freedom to operate, make choices, and prioritize tasks. connectivity, innovation, and human-machine interaction This empowerment is coupled with accountability for the converge in unprecedented ways. results achieved and the value created, fostering a sense of purpose in day-to-day work. Let us explore his journey: Crucial to success in this environment is how people are Unveiling the Vision measured and evaluated. Everyone must comprehend the metrics defining success for their role, connecting these Quantela operates as a technology company specializing in results to departmental goals and, ultimately, to the providing comprehensive infrastructure digitization and overarching objectives of the entire company. data analytics solutions tailored for cities and large public venues. Their distinctive approach to projects and their

14. People are appropriately empowered depending on their level of responsibility to operate with freedom, make choices, prioritize tasks, etc. because they are with a clear understanding of how someone can , , , , accountable for the results they achieve and the value they create. This makes everyone feel a sense of purpose in their day-to-day work. This sense of purpose, combined contribute to the overall success of the organization while feeling empowered and enjoying the freedom to manage their work, motivates people to do the right thing. Amr underscores the importance of adaptable leadership at Facing successive macro-level challenges—including an individual level. Not every leadership style is universally geopolitical conflicts, supply chain pressures, and financial effective, and a leader must navigate various situations, market fluctuations—the team confronted a tough reality. recognizing when to be democratic, transformational, or The series of challenges, coupled with the difficulty of autocratic. Whether addressing compliance matters in an raising Series C capital, pushed Quantela to focus on autocratic manner or adopting a democratic approach to becoming financially self-reliant and cash flow positive. work-from-home policies, leadership adaptability is key. The company weathered the storms, making difficult decisions, including the acquisition of two companies—one In a multinational and multicultural environment, this in India focused on Citizen Services and the other in the adaptability becomes even more critical. Leaders must lighting business in Massachusetts. respect local practices without compromising the overall values of the company. Amr's leadership philosophy centers Navigating Success Through Global Diversity on this adaptability—continuously adjusting leadership styles to suit individuals and circumstances. The goal is to In Quantela's strategic approach, having a global footprint create an environment where individuals feel empowered, comes with numerous advantages. The diversity in revenue motivated, and aligned with the company's overarching sources ensures that the company isn't reliant on a single objectives, ultimately fostering a culture of success. market or currency. With a well-diversified business presence across the Americas, EMEA, and APAC regions, Journey from Crisis to Growth Quantela has adeptly managed the risk of spreading too thin. This success is attributed to a focused strategy on key, In 2018, Cisco invested in Quantela through Digital Alpha, large, and profitable projects, complemented by a robust solidifying a close partnership. Serving as the executive network of strategic partners. sponsor, Amr, then the VP for Cisco's global Public Sector business, witnessed Quantela's progress. Joining in 2019, Strategic Art of Partnership Amr envisioned elevating the company's revenue from single-digit millions to an IPO in 3–4 years. In Quantela's journey, the partnership is embedded in its DNA from the very beginning, but the approach is The onset of the COVID-19 pandemic disrupted public stringent. The company seeks partnerships to generate sector spending, impacting Quantela's business. To counter incremental value, believing in the adage that 1+1 can this, the team adopted an outcome-based business model, indeed equal 3. It is meticulous in identifying partnerships shifting from selling technology to selling the value that align with its vision and business model, ensuring a delivered. This strategic move led to a remarkable 200% clear positive impact on its operations. annual growth over the next two years.

16. Notable collaborations include partnering with Cisco globally to leverage their platform for data integration, governance, and analysis, creating economic value shared with customers through Cisco's infrastructure technology. In the US, it collaborates with T-Mobile, utilizing their 5G network for IoT device deployment in smart city projects, further amplified by T-Mobile's sales team offering Quantela's solutions to their customer base. These instances exemplify how its partnerships are a strategic and integral part of its success story. A Steady Path to Prosperity Quantela has successfully navigated the challenging phase of achieving profitability and has maintained positive cash flow for over two consecutive quarters. With a robust forecast projecting a growth rate exceeding 50%, backed by secured orders in the system, the company assures stakeholders of its strong trajectory. The transformation of its revenue profile is a noteworthy achievement, with over 60% of revenue now coming from recurring or repeatable sources, particularly large multi-year concessions that exhibit considerable stability. This strategic shift places Quantela in a favorable position, providing the flexibility to patiently wait for the opportune moment to make the right move based on market conditions. Given the company's size and business diversity, Quantela now has the capability to explore various avenues for future development. Whether opting for an Initial Public Offering (IPO) in the United States or India or engaging in strategic discussions, the company stands strong and stable, presenting a range of choices for its future trajectory. CEO's Legacy: From Startup to Unicorn CEO Amr Salem envisions leaving a legacy marked by Quantela's transformation from a startup to a Unicorn, creating substantial shareholder equity. Navigating macroeconomic challenges, building a business that creates value for global communities, and fostering leaders and innovators are key aspects of this envisioned legacy. Every challenge faced by the company has been a learning opportunity, strengthening its focus on creating shareholder value and delivering positive outcomes.

17. Success consists of going from failure to failure without loss of enthusiasm. - Winston Churchill www.thecioworld.com

18. Leading with Humility and a Winning Team Approach at Argaam Investments! slam Zween, the Chief Executive Officer of Argaam Investments (LLC), Saudi Arabia is a seasoned I professional with extensive experience spanning over 25 years in Financial Technology, Media, and business management. He holds a Master's degree from Alexandria University and has furthered his education with an Alternative Investments Certificate from Harvard Business School, USA. Islam has played a significant role in building entrepreneurial ventures in the Middle East, particularly in KSA, UAE, and Egypt. As the CEO of Argaam Investments, he led the company through transformative changes, including shifting from an ad-dependent model to a successful subscription-based one. Islam is renowned for his strategic vision, adept navigation of complex business transactions, and unwavering commitment to innovation within the digital realms of Financial Technology and Media sectors. These attributes have earned him recognition, including being named among The CIO World’s UAE's Most Influential CEOs You Need to Know. Argaam Investments (LLC) is a prominent company in the Middle East, acknowledged as a successful Saudi Arabian brand, renowned for its innovative approach to delivering dependable financial information and market insights. 16 March, 2024 www.thecioworld.com

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23. Success is not how high you have climbed, but how you make a positive difference to the world. - Roy T. Bennett www.thecioworld.com

24. Common Mistakes CEOsMake and How toAvoid Them EOs play a critical role in the success of any organization. C They are responsible for making crucial decisions that can significantly impact the company's growth, profitability, and reputation. However, despite their best intentions, CEOs can make mistakes that have severe consequences for the organization. In this article, we will discuss some of the most common mistakes CEOs make and provide practical tips on how to avoid them. Taking Shortcuts to Growth One of the most common mistakes CEOs make is taking shortcuts to growth. 22 March, 2024 www.thecioworld.com

25. This can involve cutting corners, avoid burnout but also allow them to tasks, and creating a culture of ignoring ethical standards, or engaging gain a fresh perspective and bring new collaboration and teamwork. in unethical practices to achieve short- ideas to the table. term gains. While taking shortcuts may Focusing Only on Short-term provide temporary relief, it can lead to Relying Solely on Their Perspective Growth long-term damage to the organization's reputation, financial stability, and legal CEOs are often expected to have all Focusing only on short-term growth standing. the answers, but relying solely on their can be a significant mistake for CEOs. perspective can be a recipe for disaster. This can lead to a failure to invest in To avoid this mistake, CEOs should This can lead to tunnel vision, long-term strategies, a neglect of key focus on developing a sustainable groupthink, and a failure to consider stakeholders, and a failure to consider growth strategy that aligns with the alternative viewpoints. the organization's long-term organization's values and ethical sustainability. standards. This may involve investing To avoid this mistake, CEOs should in research and development, building seek diverse perspectives, ask To avoid this mistake, CEOs should strong relationships with customers questions, and encourage open focus on developing a balanced growth and partners, and creating a culture of communication within the strategy that takes into account both innovation and continuous organization. This can involve building short-term and long-term goals. This improvement. a diverse leadership team, consulting can involve investing in research and with external experts, and creating a development, building strong Never Stepping Away from the culture of curiosity and learning. relationships with customers and Business partners, and creating a culture of Having an Ego innovation and continuous Another common mistake CEOs make improvement. is never stepping away from the Having an ego can be a significant business. While it's essential to be obstacle for CEOs. It can lead to a Not Finding a Good Guide involved in the day-to-day operations failure to listen to feedback, a of the organization, CEOs must also reluctance to admit mistakes, and a CEOs are often expected to have all take time to recharge, reflect, and think tendency to prioritize personal the answers, but relying solely on their strategically. ambition over the organization's needs. perspective can be a recipe for disaster. This can lead to tunnel vision, To avoid this mistake, CEOs should To avoid this mistake, CEOs should groupthink, and a failure to consider schedule regular breaks, delegate tasks, alternative viewpoints. cultivate humility, seek feedback, and and build a strong leadership team that prioritize the organization's needs over can manage the organization in their To avoid this mistake, CEOs should their own. This can involve building a absence. This will not only help CEOs seek diverse perspectives, ask strong leadership team, delegating 23 March, 2024 www.thecioworld.com

26. - Alaya Brown 24 March, 2024 www.thecioworld.com

27. Leadership is not about being in charge, Its about taking care of those in your charge. - Simon Sinek www.thecioworld.com

28. From Apprenticeship to Innovation Pioneer - A Reflection driven by an innate curiosity about the intricate world of on a Career Fueled by Passion and Progress! engineering. The subsequent apprenticeship at MJN in Newcastle became the fertile soil where his passion for eflecting on my 40-year journey in the industry design sprouted and flourished. As a Contracts Engineer, evokes memories of a youthful and optimistic start. Cairns not only navigated the complexities of the industry R At the age of 17, I commenced a one-year but also found his true calling in the realm of design, setting government Youth Training Scheme in late September the stage for an illustrious career. 1983." In the world of engineering, few stories resonate with the timeless echoes of a four-decade-long journey. The transition from an apprenticeship culminated in a leap Mick Cairns, the visionary CEO of Black & White into the role of a Mechanical Design Engineer. This pivotal Engineering, embarked on his remarkable journey at the shift marked the beginning of an expedition characterized tender age of 17. It was the inception of a career marked by by an unyielding pursuit of personal and professional resilience, innovation, and an commitment to engineering development, where seizing opportunities became a excellence. hallmark of Cairns' journey. "This initial endeavor laid the groundwork for a pivotal 5- Mick's entry into the engineering sector was propelled by a year apprenticeship at MJN in Newcastle, a moderately fervent passion for efficiency and innovation. His driving sized mechanical contracting company. It was during these force was a deep-seated aspiration to contribute solutions to formative years, while serving as a Contracts Engineer, that global challenges. The dynamic and versatile nature of the my interest in design took root." engineering landscape fascinated him, instigating a commitment to pioneering sustainable advancements in the From the crucible of a one-year government Youth Training field, particularly in the digital infrastructure sector. Scheme emerged a young Mick, hungry for knowledge and 26 March, 2024 www.thecioworld.com

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30. In a world that constantly evolves, Cairns remains a beacon of inspiration, steering the course toward engineering innovation in the domain of digital infrastructureand leaving an indelible mark on the landscape of progress! A Visionary Venture In July 2007, the inception of Black & White Engineering marked the commencement of a visionary enterprise dedicated to reshaping engineering excellence and introducing innovative solutions across diverse sectors. The company's narrative began with the establishment of its first office in Dubai, embodying a commitment to delivering cutting-edge engineering services and fostering a culture rooted in collaboration and expertise. A Journey of Choices and Leadership During the pioneering phase, a team of four embarked on Mick reflects on his career, contemplating the alternative the journey, with three original members remaining integral paths he might have taken at pivotal moments. He questions to the team today. The inaugural year witnessed the addition whether, without fate, his current position would have of ten individuals, laying the groundwork for subsequent materialized. Spearheading impactful projects and growth and evolution. maintaining an unrelenting commitment to excellence have played pivotal roles in shaping his journey. The early years posed challenges, notably the 2008 global financial downturn that tested the company's resilience. In the early stages of his career, a passion for Stadia Rather than merely weathering the storm, Black & White projects emerged, providing immense satisfaction in Engineering thrived and expanded its horizons by navigating their intricacies. As the engineering landscape undertaking projects in Abu Dhabi, India, and Dubai, evolved, the allure of Data Centres captured Mick's navigating through uncertainty and emerging stronger. attention, prompting an eager exploration of new horizons. This marked the commencement of engagement with Adaptation and diversification emerged as the cornerstones diverse projects, each embraced with enthusiasm. of the growth strategy. The expansion to new territories, such as Azerbaijan, allowed the company to acquire diverse The theme of travel became a defining aspect, leading him skill sets, shifting its focus from hotels to residential, retail, to an initial overseas posting in Manila, Philippines. This aviation, and eventually technology and data centers. experience offered a firsthand view of the remarkable engineering talent in the region, broadening his perspective From its humble beginnings, the company matured, on global markets and cultural dynamics. Additionally, the concentrating on specialized sectors while maintaining a realization of cost disparities in engineering across flexible approach to others. Throughout the journey, geographies took root during this period. industry recognition remained a constant companion, validating success across various sectors. Adapting to the evolving global landscape, Mick recognized the importance of flexibility in both geographic The company's culture, reflective of its skills, resonates in a locations and industry sectors. This adaptability played a global communication approach that unites the team crucial role in seizing promising opportunities across worldwide as one cohesive unit. As the team continues to different markets, fostering invaluable connections and expand, the commitment remains steadfast—to bring forth friendships along the way. innovative and sustainable solutions that exceed clients' expectations. Today, Black & White Engineering stands In the late 2000s, Dubai became a significant chapter in his poised to embrace new challenges, guided by the ethos of journey, following an impactful tenure in Manila. This innovation and simplicity in engineering excellence. period witnessed the initiation of a groundbreaking endeavor—a global design hub for engineering. The 28 March, 2024 www.thecioworld.com

31. establishment of this hub laid the foundation for his subsequent role as a business owner and founder in 2007, setting the stage for the inception of Black & White Engineering. Every milestone encountered along this transformative journey contributed invaluable insights, steering his trajectory towards leadership and culminating in the position of CEO at Black & White Engineering. Global Leadership Journey Having operated internationally across more than 30 countries since 1997, Mick shares how this extensive experience has profoundly influenced his leadership style and business approach. The diverse exposure has underscored the importance of adaptability, cultural understanding, and strategic decision-making in shaping his leadership philosophy. The need for adaptability in the face of varied global environments is a recurring theme in his narrative. Navigating diverse cultures, regulatory landscapes, and market dynamics has reinforced the significance of flexibility in both strategic adjustments and effective leadership across diverse teams and cultures. Central to his transformative experience is the emphasis on Entrepreneurial Odyssey cultural understanding. Interacting with diverse cultures and industries has broadened his perspective, fostering a deeper Mick expresses that his pursuit of constructing companies appreciation for different business approaches, from the ground up is motivated by an intrinsic yearning for communication styles, and problem-solving methods. This innovation and the creation of lasting solutions. The allure understanding plays a pivotal role in building relationships, of developing something influential and enduring, coupled facilitating collaborations, and achieving successful with a fervent desire to achieve excellence, propels him into outcomes in global markets. unexplored territories. These endeavors transcend mere business construction; they are about molding a legacy The rich mosaic of experiences has left an indelible mark characterized by innovation and resilience, embodying an on the global strategies of his company. Insights gathered unwavering commitment to excellence. from diverse cultures and industries have been fundamental in shaping the approach to international expansion, market- Guided by insights gleaned from his journey, he entry, and the development of customized strategies for underscores the importance of resilience and adaptability as different regions. This nuanced understanding of diverse paramount principles. The ability to withstand challenges markets has enabled the formulation of more effective and and emerge stronger is crucial, particularly when culturally sensitive business approaches, ultimately maneuvering through the ever-changing landscape of global enhancing the global footprint and impact of the company. markets. A flexible approach and forward-thinking mindset prove indispensable in surmounting obstacles and seizing Consecutively, his extensive international experience has opportunities. ingrained in him the values of adaptability, cultural understanding, and strategic decision-making. These Delving into a 15-year reflection on Black & White elements have played a vital role in shaping the global Engineering's evolution, he finds immense satisfaction in its strategies of his company, allowing it to thrive in diverse transformation from a fledgling startup during a global markets and cultivate strong partnerships worldwide. financial downturn to a thriving global entity with a dedicated team of over 500 professionals. This success 29 March, 2024 www.thecioworld.com

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34. What are Some Examples ofSucce?ful CEOs and What Can We Learn from Them? uccessful CEOs are those who acknowledging the contributions of have been able to lead their their team members. S organizations to great heights, inspire their teams, and deliver One CEO who embodies this trait is exceptional results. These leaders have Reed Hastings, the co-founder and honed their skills and developed CEO of Netflix. Hastings is known for unique mindsets that set them apart his humility and willingness to learn from the rest. from others. He once shared a story about how his CEO washed his coffee In this article, we will explore some cups every morning, which had a examples of successful CEOs and the profound impact on him. This simple lessons we can learn from them. act of humility and service taught him the importance of leading by example One of the most important lessons we and serving his team. can learn from successful CEOs is the importance of humility. According to a Another critical lesson we can learn study by McKinsey & Company, from successful CEOs is the humility is one of the most critical importance of resilience. Being a CEO traits of successful CEOs. Being can be a challenging and lonely job, humble means recognizing that success and setbacks are inevitable. However, is a team effort and that many people successful CEOs are those who can and factors contribute to an bounce back from setbacks and learn organization's success. Humble CEOs from their mistakes. They are also are those who are willing to listen, those who can maintain their focus and learn, and admit their mistakes. They keep their teams motivated, even in the are also those who are willing to give face of adversity. credit where credit is due, 32 March, 2024 www.thecioworld.com

35. One CEO who exemplifies this trait is Finally, successful CEOs are those who Ajay Banga, the former CEO and now can build strong teams and cultures. executive chair of Mastercard. Banga They understand the importance of is known for his ability to lead his team creating a positive and inclusive work through challenging situations, environment that fosters creativity, including the pandemic. He has been collaboration, and innovation. They able to keep his team focused on the can attract and retain top talent, and company's vision and mission, even in they can create a culture of excellence the face of uncertainty and change. that inspires their teams to achieve great things. Successful CEOs are also those who can balance short-term and long-term One CEO who embodies this trait is goals. They understand the importance Sundar Pichai, the CEO of Google and of delivering short-term results while Alphabet. Pichai is known for his also investing in the future of their ability to build strong teams and organizations. They can balance the cultures. He has been able to create a needs of their stakeholders, including culture of innovation and excellence their employees, customers, and that has helped Google and Alphabet investors. become some of the most successful companies in the world. One CEO who embodies this trait is Satya Nadella, the CEO of Microsoft. In conclusion, successful CEOs are Nadella has been able to transform those who can lead their organizations Microsoft into a modern, agile to great heights, inspire their teams, organization that is focused on and deliver exceptional results. They delivering value to its customers. He can do this by embodying critical has been able to balance the needs of traits, including humility, resilience, a Microsoft's stakeholders, including its focus on both short-term and long-term employees, customers, and investors, goals, innovation, and the ability to by investing in new technologies and build strong teams and cultures. By business models. learning from these successful CEOs, we can develop the mindsets and Another critical lesson we can learn practices that are necessary to excel in from successful CEOs is the the role of CEO. importance of innovation. Successful CEOs are those who can think outside - Alaya Brown the box and challenge the status quo. They can identify new opportunities and create new value for their customers. One CEO who exemplifies this trait is Elon Musk, the CEO of SpaceX and Tesla. Musk is known for his ability to think big and challenge the status quo. He has been able to create new value for his customers by developing innovative products and services, including electric vehicles and reusable rockets. 33 March, 2024 www.thecioworld.com

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