Today's modern business terrain is evolving drastically and more rapidly than ever before. Consequently, CEOs must recognize the difference between being healthily optimistic and downright complacent. Presently, CEOs must assume their position with little to no concrete knowledge of what their company will look like five, 10, or even 20 years down the line. Doing so, however, requires a high tolerance for ambiguity and the capacity to adapt to situations as they change.
CEOs are the public face of the company, and often directly represent the "personality" of the organization. Subsequently, how they portray themselves can diametrically affect the company's bottom line.
A good CEO must be able to inspire not only his or her team but the public at large, offering a compelling vision of hope and success for the company, even during times of crisis.