From CA to CEO

Ashwini Damani (Article) (131 Points)

09 January 2012  

 

From CAs to CEO's - What does it really take to rise to the top of an organization

 


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“There are known knowns. These are things we know that we know. There are known unknowns. That is to say, there are things that we now know we don’t know. But there are also unknown unknowns. These are things we do not know we don’t know.”
 
What does it really take to rise to the top of an organization? For CAs, it’s only natural to wonder what it might take to become a CEO. But there’s no map for getting to the top. Chief executives rise through organizations in many roles and with a multitude of backgrounds.
 
Kumar Mangalam Birla started off at Hindalco with a degree in Chartered Accountancy. HDFC’s Keki Mistry who is the CEO’s designate also started his career as a Chartered Accountant.  Mr. Aditya Puri has been the Managing Director of HDFC Bank since September 1994. The owners of Emami group worked as Chartered Accountants in a Birla firm before starting off with their own company
A CA designation can definitely advance your prospects when the opportunity arises. A survey of the Institute of Chartered Accountants of India says that companies with a CA at the helm also performed better on several key financial measures, including return on equity and return on capital.
Naturally, financial expertise, professional conduct and the ability to work with the board of directors can be trump cards if you are looking to the top spot.
 
Beyond financial savvy, what does it take to make the leap to the executive suite?
 
 
Check out some really important vitues of rising from a CA to CEO on :