“What are the mindsets and practices of excellent CEOs?” 
We started with the six main elements of the CEO’s job—elements touched on in virtually all literature about the role: 
setting the strategy, 
aligning the organization, 
leading the top team, 
working with the board, 
being the face of the company to external stakeholders, and
 managing one’s own time and energy. 
We then broke those down into 18 specific responsibilities that fall exclusively to the CEO. For example, setting a corporate strategy requires that the CEO make the final call on an overall vision, a set of strategic moves, and the allocation of capital.
It’s incumbent on the leader to set the direction for the company—to have a plan in the face of uncertainty. One way that CEOs try to reduce strategic uncertainty is to focus on options with the firmest business cases.
Vision: Reframe what winning means. The CEO is the ultimate decision-maker when it comes to setting a company’s vision (where do we want to be in five, ten, or 15 years?). Good CEOs do this by considering their mandate and expectations (from the board, investors, employees, and other stakeholders), the relative strengths and purpose of their company, a clear understanding of what enables the business to generate value, opportunities and trends in the marketplace, and their personal aspirations and values.
Strategy: Make bold moves early. According to McKinsey research, five bold strategic moves best correlate with success:
resource reallocation;
programmatic mergers,
acquisitions,
capital expenditure;
productivity improvements;
and differentiation improvements. To move “boldly” is to shift at least 30 percent more than the industry median
Culture: Go beyond employee engagement.

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