From the outside looking in, the role of chief executive can look pretty sweet, with plenty of perks and power. For those in the know, the job description is a little heavier on intense, daily scrutiny, stress, and accountability than you might think.
A business leader or influencer might hatch the overall vision for a company, build the most sought-after culture, find and maintain the right resources to propel the business into the upper echelon. But a CEO does all of those things at once, plus so much more. And he or she is expected to stand strong in any storm and smile while doing so.
McKinsey senior partners Carolyn Dewar, Scott Keller, and Martin Hurt have broken down the six dimensions that separate a great CEO from a good one. At their essence, these dimensions are:
1. Corporate strategy: Focus on beating the odds.
2. Organizational alignment: Manage performance and health.
3. Teams and processes: Put dynamics ahead of mechanics.
4. Board engagement: Help directors help the business.
5. External stakeholders: Focus on the long-term “Why?”
6. Personal working norms: Do what only you can do.
To excel in all of these categories, a CEO has to be a superhero, a leader of Herculean character and drive, right? To some extent, yes. But the really great leaders know the secret of success: Find people who excel in areas where you do not and use their expertise to fill out a strong senior team. Of course, even the best boss has to have a little backup.
And help doesn’t always have to come from those seated around the executive table. The phrase “it’s lonely at the top” has proven true for many of the CEOs I have worked with over the past 25+ years. The successful CEOs I have seen throughout my career took care to make connections that allowed them to hit those dimensions the McKinsey team described. Their research shows that CEOs who made bold moves had the most success moving their companies up the ranks within their industries, and doing so faster than leaders who played it safe. Again, that doesn’t necessarily mean these moves are sudden or without serious thought. CEOs should recognize the need to reach out and gather informed insight from a different vantage point.
Where should a CEO look for guidance, or mentorship, if needed, to hone the skills that will allow him or her to go from good to great? Here are a few of my insights:

