A leap from project manager to CEO is not an easy transition, and it entails much more than just great organizational skills. This blog describes the difference between the roles, why there is the ‘Gantt ceiling’ barrier, and nine skills that project managers should build to enhance their prospect of rising to the executive level.
Divergent Career Paths: CEO vs. Project Manager
CEOs and project managers practice two completely different occupations in most of the cases. CEOs tend to move through various positions over a range of financial, sales, operations, or marketing roles for comprehensive business and leadership exposure. They acquire a competitive advantage and acquire a diversification of skills necessary for managing an organization.
On the other hand, project managers work on a pretty linear track wherein they have to go through a set number of processes and steps before they can accomplish their goals. Their core concern stays with getting technical projects done right, dealing with stakeholders, and producing positive outcomes. Although this may well be a part of their job title and responsibilities, there is little opportunity for the ability to lead at a strategic level or to gain exposure to other areas of organizational operation.
However, what managers of projects do have is the set of skills that are beneficial for the execution of the managerial functions, such as coordination, execution, and solving of the problems. However, if the promoted employee has not been cultivating other leadership skills on the side, the difference may look impossible to bridge.
For those considering a transition, pursuing opportunities like PMP training can enhance their strategic mindset and project leadership capabilities.
Why Project Managers Get Stuck at the Gantt Ceiling
The “Gantt ceiling” is used here to describe the best glass ceiling that keeps project managers from striving for executive positions. Here are four reasons why:
Confined Path
But their day-to-day work in most cases does not expose them to other business-related issues. Their specialization remains associated with the actual project implementation rather than with the strategic planning and the kind that can easily fit with the executive management’s expectations.
Narrow Skill Set
Project managers are very adept at targeting time, cost, and people but often inexperienced in financial, commercial, or strategic matters, all of which are paramount for CEOs.
Limited Role Models
There are very few examples of project managers transitioning to hold the position of CEOs, which makes it challenging to set goals or visualize them. These are usually exceptions, and though the likes of Alan Mulally and Satya Nadella are recent examples, they are few.
Tactical Mindset
Project management involves targeting outputs that can be delivered in the short term to meet project objectives, while CEOs act with an organizational and long-term view of the corporation. This change in thinking constitutes an enormous and frequently overlooked transformation.
These challenges, however, can be effectively managed by aspiring executives by filling these gaps with activities such as acquiring new skills, effective mentors, or work on relevant projects strategically. For instance, knowledge of some of the typical project manager interview questions can help the endorsed candidate to prepare for further and deeper discussions. Explore Project Manager Interview Questions here.
Nine Attributes to Boost Your CEO Potential
To bridge the gap between project management and executive leadership, develop these nine attributes:
- Forward Thinking: Participate in strategic planning and align projects with long-term organizational goals.
- Calculated Risk-Taking: Expand your risk tolerance by managing projects involving complex risk assessments.
- Bias Toward Action: Engage in initiatives beyond project scope to demonstrate impact across the organization.
- Optimism: Foster a positive outlook during challenges and inspire your team to achieve more.
- Constructive Tough-Mindedness: Develop resilience by seeking feedback and handling adversity with composure.
- Efficient People Reading: Improve interpersonal skills by actively listening and empathizing with team dynamics.
- Measured Emotion: Maintain composure in high-stress situations through mindfulness and stress management.
- Pragmatic Inclusiveness: Encourage diverse perspectives while maintaining decisive leadership.
- Willingness to Trust: Build and maintain trust within your team and across organizational functions.
By cultivating these attributes, project managers can position themselves as well-rounded leaders capable of driving an organization’s strategic vision.
Conclusion
While transitioning from project manager to CEO is challenging, it’s achievable with deliberate effort and skill-building. Break through the Gantt ceiling by embracing strategic opportunities, fostering leadership attributes, and leveraging your project management expertise as a foundation for executive success.