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Three Common Pitfalls for New Executives and How to Avoid Them
- New executives often fall into common pitfalls that can hinder their success, such as running without reflecting, still being the go-to person, and staying on their functional island instead of playing a bigger game.
- To avoid these pitfalls, new executives should practice regular reflection to prioritize tasks effectively and improve outcomes by focusing on goals and how to show up in various situations.
- Transitioning from being the go-to person to building teams of go-to people is crucial for scaling leadership and ensuring that the right tasks are delegated for team development.
- By asking key questions about success metrics, individual contributions, delegation, and team empowerment, executives can shift towards building a collaborative and effective team.
- New executives must prioritize long-term enterprise success over immediate functional achievements, adopting an 'us as the leadership team' mindset to drive overall success.
- Self-assessment tools can help high potential leaders identify necessary behavioral changes to align with the executive role and contribute effectively to the leadership team.
- Reflecting on these pitfalls, taking proactive steps to improve, seeking necessary support, and engaging in collaborative discussions with colleagues can aid new executives in navigating challenges successfully.
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