The Seven Vital Health Habits of Successful CEOs
In the demanding role of a CEO, managing stress is an ongoing challenge. Executives face immense pressure while balancing responsibilities toward shareholders, employees, and customers, all while making pivotal decisions and navigating risks. Within this high-stress environment, personal health often takes a backseat; however, prioritizing wellness is not only essential for personal well-being but also crucial for organizational success.
Research from the University of Georgia indicates the impact of an executive’s health on company performance, noting a nearly 2% drop in share prices when executives announce serious health issues. Thus, strategic management of health should be akin to overseeing any critical business function, incorporating discipline and consistent effort. Here are seven healthy habits that distinguish leading CEOs.
1. Prioritize Energy Over Time
The mantra “Energy, not time, is your most valuable asset,” emphasized by Jim Loehr and Tony Schwartz in The Power of Full Engagement, highlights the necessity of managing energy levels for productivity. CEOs should focus on scheduling demanding tasks during peak energy phases while reserving low-energy intervals for routine work or reflection. This energy-centric approach maximizes efficiency and enhances leadership presence.
2. Establish Personal Accountability
Leadership begins with self-discipline. Jamie Dimon, CEO of JPMorgan Chase, shared his Sunday evening routine of listing tasks he’s avoiding and seeking feedback to improve. CEOs can incorporate similar accountability measures related to personal health, which might include hiring executive coaches, joining peer support groups, or using health-tracking tools to align health objectives with business metrics.
3. Leverage Fitness as a Leadership Tool
Physical fitness is an underrated yet essential resource for effective leadership. Bob Iger, former CEO of Disney, stated, “Staying in shape, having stamina, is critical for me.” Regular exercise not only boosts stamina but also enhances cognitive functions and stress resilience. Just as athletes benefit from structured training, CEOs can harness fitness to cultivate the endurance needed for their demanding roles.
4. Engage in Mental Conditioning
Business leadership requires a strong mental framework. Just as athletes practice to refine their skills, CEOs can enhance their decision-making aptitude and resilience through mental exercises. Jim Murphy, in his book Inner Excellence, describes three pillars for performers: purpose-driven motivation, clarity in decision-making, and resilience. Practicing mindfulness, journaling, or visualization can fortify these qualities in leaders.
5. Manage Rest and Recovery Wisely
While long hours may seem necessary, operating at peak performance requires recognizing the importance of recovery. A balanced schedule that incorporates rest, deep work phases, and high-quality sleep ultimately facilitates sustained productivity. Tim Grover, trainer to sports legends, suggests that continual grinding may lead to burnout, advocating for a strategic approach to work and rest.
6. Approach Health with a Business Mindset
Successful CEOs think long-term, and this mindset should extend to their well-being. Like business strategies rely on foresight and adaptability, effective health management demands tracking progress and making informed decisions. Leaders should apply the same analytical rigor used in business assessments to their health, ensuring a strategic framework for longevity.
7. Invest in Personal Hobbies and Relationships
Beyond professional responsibilities, engaging in meaningful relationships and hobbies contributes significantly to overall well-being. Strong connections with family, mentors, and peers foster personal stability. Pursuing hobbies alleviates stress and cultivates creativity, producing well-rounded leaders capable of connecting with their teams. This holistic approach to life enriches a CEO’s identity and mental health.