I have collaborated with 100+ cannabis CEOs from all types of organizations. Some are very good at their jobs, but most are ho-hum as one would expect from Power law distributions.
A great CEO also has a profound understanding of their customers, products and markets. No one can lead without really understanding the environment they operate in. (Something in particular many CEOs in the cannabis industry seem to lack)
Yep, those are table stakes for me, too. However, at a certain point the CEO needs to focus most of the time on what matters. One can hire well for product and market knowledge. Telling your story to the capital markets or making the tough cost reduction calls is something only a good CEO can do, because they own the bottom line.
A great CEO also has a profound understanding of their customers, products and markets. No one can lead without really understanding the environment they operate in. (Something in particular many CEOs in the cannabis industry seem to lack)
Yep, those are table stakes for me, too. However, at a certain point the CEO needs to focus most of the time on what matters. One can hire well for product and market knowledge. Telling your story to the capital markets or making the tough cost reduction calls is something only a good CEO can do, because they own the bottom line.