November 8, 2014
Harvard Business Review has released an in-depth CEO survey of the Best Performing CEOs in the World. Unsurprisingly, Jeff Bezos of Amazon came out as the #1 top performer. Other CEOs on the list head companies in various industries, from resort gaming to biotech. The list only included CEOs who had been on the job for at least two years, and utilized total shareholder return and market capitalization as the highest measurement factor.
How does a thorough report such as this help an early-stage startup founder to map out their own potential for success? According to HBR, “Leading a company and creating value depend on many skills that are hard to measure—strategic vision, authenticity, long-term planning. And investors certainly aren’t the only stakeholders that need tending to; the best-run companies connect effectively with customers, employees, and the communities where they operate.”
That's why I looked to Inc.'s annual survey of the Inc. 500 CEOs for a slightly more tangible list of metrics that today's founders can review to see how they stack up against their peers. According to the infographic below, 24% of the founders surveyed said that they have started three businesses before. And as for the biggest mistake in that first year starting up, 45% of respondents pointed to “not enough capital”, while other common mistakes listed were bad employee fit, bad partner fit, spent too much money, and didn't test product enough. Check out the infographic below, or visit Inc.'s report for more surveys on how these CEOs advertise, innovate, and lead their teams.
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