6 triggers that compel CEOs to build an Office of the CEO

CEOs, here are 6 triggers that should compel you to build a proper Office of the CEO:

1. You’ve received new investment and growth mandate from your board 

Take advantage of a capital injection by investing in yourself and earmarking funds towards your future Office of the CEO. You’ll need it to beat your growth targets.

2. You’re a first time CEO

As a newbie CEO, hire an experienced Office of the CEO team to show you the ropes and ensure you operate like a seasoned top executive.

3. You’re new to your company

Promote from within to form your Office of the CEO, ensuring you take advantage of their pre-existing stakeholder relationships and deep institutional knowledge.

4. You’ve identified a critical C-suite skills gap 

Plug a crucial skills, domain knowledge, or professional experiences gap on your leadership team by hiring the right talent in your Office of the CEO.

5. Your workload is too high

Avoid a work meltdown by delegating up to 90% of your current task list to your new Office of the CEO team so you can spend more time on strategic projects and relationships.

6. Your physical, mental and emotional health is taking a toll

Boost your wellbeing with a strong Office of the CEO team who looks after your holistic performance on a day to day basis.

That’s it. CEOs: when you run into any of the 6 scenarios above, consider building a proper Office of the CEO to help you excel as a top executive.

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