CEO Michael Mayo Shares His #1 Tip For Up And Coming Leaders
CEO Michael Mayo Shares His #1 Tip For Up And Coming Leaders
Those who have managed to become CEOs of successful companies must have done something right along the way. Analyzing their trajectories as entrepreneurs can help today's young leaders figure out how to grow their own businesses into successful enterprises.
One notable name for them to keep in mind is Michael Mayo, the president and CEO of Baptist Health. Based in Jacksonville, Florida, Mayo boasts an impressive resume that spans over three decades of experience in the healthcare industry. Before landing his current role, he held high-rank positions at other related companies in the U.S., including Orange Park Medical Center and Frankfort Regional Medical Center where he served as CEO, as well as the Memorial Hospital Jacksonville and the Methodist Dallas Medical Center where he served as COO and president, respectively.
Speaking on Becker Healthcare's podcast, Mayo shared his #1 tip for up-and-coming leaders: "Always be a lifetime learner." He believes that no matter how much experience a person has, it's never too late to continue the learning process. Such is not only for one's own benefit, but also for the benefit of the teams that he or she is building. He went on to add that he himself recently went back to school to complete his doctorate degree in health administration at the Medical University of South Carolina in Charleston in pursuit of more skills and knowledge.
"Lifelong learning is very, very important. And I think that emerging young leaders should always keep that at the forefront."
Mayo also says that communication skills are vital in any business. The ability to articulate one's position and thoughts to the people one is working with is an important skill for any leader to have. That said, Mayo also believes that the most important part of communication is not being able to deliver a message, but being able to listen.
"I always laugh and say, follow the adage: God gave you one mouth and two ears. So proportionally use them."
Mayo advises those who are serious about taking on a leadership role in a company to find a mentor, coach, or confidant who can guide them through their decisions. Ideally, it should be someone who one can trust with sensitive information and who is not afraid to offer honest feedback.
Lastly, Mayo says it's important to keep one's health in mind, especially since this line of work is often taxing and demanding. "If you are not conscious about maintaining your good health and building your resiliency, you're not going to be a successful leader. And you're also setting an example for those around you."
READ MORE
Whether you’re looking at stocks, real estate, cryptocurrency, or a private business, it’s critical to know when an opportunity might be too good to be true.
It’s exciting when your child lands a well-paying job, but when the first thing he wants to do is buy a fully loaded pickup truck, you may wonder how to steer him toward a smarter financial decision.
Becoming a millionaire is something that many people strive for. Few are born into that level of wealth, and for others, it's a lifelong pursuit. These millionaires came to their fortunes later in life.
Not all college degrees are created equal. Some open doors, while others quietly close them—one unpaid internship and a low-paying job at a time. The job market has changed, but have these programs kept up?
When it comes to the photographs on this list—they are worth way more than a thousand words or even a thousand dollars or a hundred thousand dollars. We're talking millions here. But how many millions. Take a guess...Now see if you're right.
For some, having an emergency fund at all is a luxury. However, for those who have had it and had to use it in a crisis, rebuilding it can be daunting. Let's explore options for rebuilding your multi-thousand-dollar emergency fund.
Disclaimer
The information on MoneyMade.com is intended to support financial literacy and should not be considered tax or legal advice. It is not meant to serve as a forecast, research report, or investment recommendation, nor should it be taken as an offer or solicitation to buy or sell any securities or adopt any particular investment strategy. All financial, tax, and legal decisions should be made with the help of a qualified professional. We do not guarantee the accuracy, timeliness, or outcomes associated with the use of this content.
Dear reader,
It’s true what they say: money makes the world go round. In order to succeed in this life, you need to have a good grasp of key financial concepts. That’s where Moneymade comes in. Our mission is to provide you with the best financial advice and information to help you navigate this ever-changing world. Sometimes, generating wealth just requires common sense. Don’t max out your credit card if you can’t afford the interest payments. Don’t overspend on Christmas shopping. When ordering gifts on Amazon, make sure you factor in taxes and shipping costs. If you need a new car, consider a model that’s easy to repair instead of an expensive BMW or Mercedes. Sometimes you dream vacation to Hawaii or the Bahamas just isn’t in the budget, but there may be more affordable all-inclusive hotels if you know where to look.
Looking for a new home? Make sure you get a mortgage rate that works for you. That means understanding the difference between fixed and variable interest rates. Whether you’re looking to learn how to make money, save money, or invest your money, our well-researched and insightful content will set you on the path to financial success. Passionate about mortgage rates, real estate, investing, saving, or anything money-related? Looking to learn how to generate wealth? Improve your life today with Moneymade. If you have any feedback for the MoneyMade team, please reach out to [email protected]. Thanks for your help!
Warmest regards,
The Moneymade team