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Bottom-Line Behavior

How to develop executive maturity — with staying power — in a family business

Process and patience are two key facets of creating a corner office with high-level standards.


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What if you were preordained to become the CEO of a company on the day you were born? 

Surely, your path to the “big job” would look much different than someone who became CEO of a company based entirely on merit. In a family business, this is often exactly what happens. Of course, that doesn’t mean a future family business CEO is set up for failure. But while each of these theoretical CEOs may very well end up being great at their jobs, there are obviously marked differences in how they got there — differences that can come with some ramifications, like a lack of “executive maturity.” 

The concept of executive maturity — demonstrating sound actions, behaviors, and judgements—most often refers to “soft skills” that are increasingly important in successful leaders. In a corporate setting, these behaviors are almost guaranteed because of the inherent standards that set expectations for how one should behave in a corporate setting. 

 


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Denise Federer

Denise Federer is a contributing columnist to the Business Observer. She is the founder and principal of Federer Performance Management Group with more than 30 years of experience working with key executives, business leaders and Fortune 500 companies as a behavioral psychologist, consultant, coach and trainer. Contact her at [email protected].

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