A stimulating and thought-provoking piece of Andrew Hill in the Financial Times aims at discussing “Rules of engagement for leaders on holidays”.
I particularly favour his view that
CEOs who do succeed in casting off (…) will benefit not only from the holiday, but from the improvement in mutual trust with their senior team when they return.
Establishing and fostering mutual trust amongs senior team members is a crucial mark of distinction for a successful CEO and a capable leader. Taking a good couple of weeks off can actually do a lot of good to colleagues if the CEO succeeds in empowering them properly and making them feel so.
This needs to happen, however, during the CEO’s entire tenure. Building a sense of delegation within the CEO’s team is at the same time very critical and quintessentially distinctive of a great leader.
I would even go as far as to say that the ability to take a proper break and cast off successfully (including properly facing emergencies or surprises) is a great indicator of someone capable to delegate and perhaps even someone good at devising, in proper course, a successor.
In addition to building trust amongst team members, Hill also very properly points out, in order for a CEO to be able to take a proper break, they will also need to be well-informed, so as to face emergencies effectively. Selecting how they can be well-informed is another more general competency of a good CEO. It is always a fascinating experience to see how good CEOs succeed in accessing an effective selection of instruments to guarantee they are informed. In this respect, personal relationship with key influencers is always a great tool for great leaders to ensure they access relevant info at the relevan moment in time. In every CEO’s relevant information space, we want to rapidly identify people we like and we trust, also as crucial sources of information, even in case of emergency.
In summary, delegation and personal relationship are key to a CEO’s ability to be a great leader, as they are for the CEO’s own ability to take a restful, effective and fully satisfying vacation break.