Leadership Competencies

5 habits that the most successful leaders share

5 habits of successful people

Across a wide array of industries and geographies, the world’s greatest business leaders know all goals must be rooted in consistent habits that support them. Top leaders regularly evaluate and reassess whether their daily practices enable them to lead effectively and efficiently, and ultimately, whether they are paving the path for their long-term plans.

Understanding that success often comes through incremental progress over time. They are confident that even when goals don’t materialize as quickly as planned, the systems and processes they have put in place will keep their team motivated, energized and on track. The best leaders delight in their habits, knowing that hard work will ultimately lead to results.

After three decades of working with CEOs, I’ve come to find the following five fundamental habits are shared by the most successful leaders:

1. Be disciplined with communication.

Great leaders prioritize keeping consistent lines of communication by maintaining a regular cadence of one-to-ones and department meetings. They keep meetings productive and results-oriented by leveraging some combination of the following best practices:

  • Share a brief with all participants ahead of every meeting. This allows everyone to come ready to share relevant updates and answer questions, and to offer fresh thinking and well-thought-out solutions, rather than spending the first part of the meeting getting everyone up to speed.
  • Open meetings by outlining the purpose and intended outcome. This helps to set the tone, align on expectations, ensure the conversation doesn’t get sidetracked, and eliminate surprises.
  • Come to meetings prepared and ready to lead. A great way to accomplish this is to create a 15-minute buffer between meetings. Avoiding back-to-back meetings allows leaders to debrief from a previous meeting and prepare for their next.

2. Make planning programmatic.

Rather than spending all day reacting to emergencies, effective CEOs take proactive control of their planning process. They routinely build planning checkpoints into their day: In the morning to set themselves up for the day, mid-day for reflection on critical projects, and in the evening to plan for the following day.

This strategic and forward-thinking approach to planning allows leaders to be thoughtful in their responses rather than constantly responding on the fly.

3. Master the calendar.

Great leaders don’t leave their priorities up to chance — they bake them directly into their calendars. Instead of simply creating a to-do list and hoping they’ll get through it by the end of the day, they set aside specific blocks of time for each item they want to accomplish, even if it’s as simple as walking around the office to connect with the team.

This principle applies to both personal goals like exercise and business priorities like strategic planning. An effective CEO’s schedule often appears to be booked solid, but instead is carefully tailored to ensure important projects don’t fall by the wayside.

Some CEOs find success from digital planners or apps to super-schedule their day. Regardless of what tool is used, the practice of scheduling time for priorities is key to staying on track and making progress against goals.

4. Create an accountability system with peers.

Great CEOs know the pitfalls of trying to do everything on their own. They actively seek diverse perspectives from trusted peers to ensure their decision-making process is well-balanced. Remaining open-minded to new approaches, they welcome the expertise and counsel of others.

Many have discovered that when they say their goals out loud to peers, they’re more likely to follow through with action to support those goals. Whether it’s in the form of a peer networking group, mentoring/coaching program, or regular conversations with longtime friends, effective leaders lean into the value of community.

5. Carve out time for learning.

Among the many pressing decisions CEOs need to make each day, it can be difficult to find time for learning. However, the world’s best leaders regularly seek out new industry and leadership ideas from podcasts, articles, speakers and books.

Lifelong learning starts by setting goals and implementing habits to support them. By creating the discipline to support a life of learning, CEOs can ensure they are always improving.

In 2024, economists forecast continued economic uncertainty and softness. This makes now as important a time as ever for leaders to make sure they are setting themselves, and their companies, up for success.

A Super Bowl-winning team is not built in one day. It is the result of year-round training, grueling practices, wins, losses and perseverance.

Business is the same — breaking bad habits and implementing and maintaining new ones is hard work. However, great CEOs find joy in the process and are patient as they work toward growth goals.

This story first appeared in Entrepreneur.

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Category: Leadership Competencies

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About the Author: Sam Reese

Sam Reese is CEO of Vistage, the world’s largest CEO coaching and peer advisory organization for small and midsize businesses. Over his 35 year career as a business leader, Sam has led large and midsize organizatio

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