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I heard an interesting figure this week; 50% of a company’s reputation is attributed to the CEO. From visionaries such as Steve Jobs through to hard-nosed commercial animals such as Mike Ashley, it is hard to argue with that. A great CEO can add 15% to a company’s market value.People significantly underestimate the reputational pull (or push) of a CEO. These reputations are forged over years of consistent outperformance and great working relationships with staff, suppliers and customers. Benjamin Franklin said, “It takes many good deeds to build a good reputation, and only one bad one to lose it.” In recruiting for a fashion business, it is common for candidates to choose a brand they would prefer to work for based on the CEO’s reputation. The CEO’s reputation is also commonly used as a reason for leaving a brand.So, for those who are aspiring to be the leaders of the future, what characteristics and values do you need to display in order to get the best results?
Throughout many years of interviewing leaders in many organisations, we have seen a few traits that separate the good from great:
There are a number of vehicles that you can use to build your personal brand, in addition to the more obvious reputation with your team and operational board. Social media such as Twitter and LinkedIn are the shop windows to your world. Every tweet you send, every status update you make, every picture you share, contributes to your personal brand. So make sure you’re putting your best foot forward. More and more vetting processes for recruitment include checking the future employee’s LinkedIn profile, Twitter and Instagram accounts, blog and Facebook page. In fact, today social media has a real impact on your career.While these may seem straightforward, you need to continually live by these, day in, day out, through adversity and in the good times, if you want to maintain a strong personal brand.Are you looking to take the next step in your career? Are you looking to hire executive fashion talent? Or are you simply looking for some further advice on the fashion recruitment market? Contact Nicola Wensley for a confidential discussion.
Nicola Wensley
T: 01932 264 059E: nicolawensley@pageexecutive.com
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