Lars Fæste, a senior partner based in BCG Copenhagen Office reported the 5 traits of transformative CEOs as below.
1. They take decisive action quickly and launch formal transformation programs.
2. They unlock immediate gains to fund the journey and tell their story in the market.
3. They include a clear second chapter in the transformation to boost growth.
4. They are willing to make changes to their team.
5. They commit to long-term transformation programs with sufficient scope and scale.