It probably goes without saying that outstanding CEOs have a knack to take appropriate risks and act on opportunities. They show a greater sense of purpose and mission, and demonstrate passion and urgency by moving boldly and swiftly to transform their companies. Great CEOs often go to the core of the issue and have a “nose” for what are the most significant issues, challenges, threats, and opportunities facing an organization. What is probably surprising to most people is that these CEOs believe that the best idea should win and that they often obtain the best ideas by working collaboratively with others.
Source: Havard Business Review