Essay About Next Ceo Of Global Brokerage Group.The And New Revenue Streams

Global Brokerage Group
Global Brokerage GroupGuanyi (Chris) WangSID 20470407Oct 2, 2017I would choose John Chen as the next CEO of Global Brokerage Group.The four core attributes I think a CEO should have are listed below:CEO must come from the most powerful apartment of the company.The apartment is usually to be the value generating department of a company. In this case, the apartment should be the front office. (Security & Wealth Management & Foreign Exchange).CEO have to be competent and very familiar with the core business and organization infrastructure for a long time. In this way, it means that CEO from outside of a company could always be a failure for most of the time.CEO must target the company’s goal from the first day onboard to the end. Usually the goal is to maintain profit. In this case, the goal of Anson’s challenge is to ensure that GBG remain profitable and generate new revenue streams, which is from IPO.CEO must have strong leadership, have power and strong interpersonal skills to work and motivate people.The most critical skills required for the new CEO of GBG were to improve the governance, risk management, efficient deployment of capital, devising strategies, action plans, motivating the professionals and working with the same mind set as of Anson in order to fulfil the top goal, which is IPO. The new CEO would also need to pursue skills, competencies and capabilities to make the IPO of the company successful which the company was to go for in 2013. Furthermore, Anson wanted that the new CEO had the mind set of finding new opportunities and creating new revenue streams for the business. In addition, the new CEO needed to have team work qualities and excellent experience to capitalize on the business opportunities in China and devise stringent plans of actions.