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How does a CEO learn a new field fast?
I always wondered how CEOs can easily switch their field of business and become knowledgeable in a short period of time.
For example, I used to work at a BIG aerospace firm, and we got a new CEO. First time I saw him, he admitted publicly that he had no clue of the aerospace field the company was working on.
Two months later, not only he knew each and every department of the company (and we are talking 10K+ people, international market), not only he made internal decisions, but he knew his competition, the history of the field, the challenges etc. (you get the picture), and a pretty decent decision-making knowledge on technological aspects. He was like a different person that gained a university degree and field experience in two months.
I notice many CEOs moving from banking, to technology, to whatever.
Is there a trick?
I always wondered how CEOs can easily switch their field of business and become knowledgeable in a short period of time.
For example, I used to work at a BIG aerospace firm, and we got a new CEO. First time I saw him, he admitted publicly that he had no clue of the aerospace field the company was working on.
Two months later, not only he knew each and every department of the company (and we are talking 10K+ people, international market), not only he made internal decisions, but he knew his competition, the history of the field, the challenges etc. (you get the picture), and a pretty decent decision-making knowledge on technological aspects. He was like a different person that gained a university degree and field experience in two months.
I notice many CEOs moving from banking, to technology, to whatever.
Is there a trick?
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