The Buck Stops With You - Maryann Bruce

I was featured on ABC to CEO’s podcast that aims to inspire and encourage young women to become leaders and CEOs. I share advice on the experience and skills needed for success.

What’s the number one thing that board director and Former Fortune 100 Division President & CEO Maryann Bruce believes determines if a woman lands in the C-Suite?

P&L responsibility.

“If you really want to be a CEO at some point in your career, you have to have P&L responsibility. Profit and Loss experience can happen because you run a department, a division, or a whole company — but ultimately it means the buck stops with you. Does your department make money or lose money? P&L responsibility helps you dig deep and understand all the components of what goes into making a product, company, or service successful.”

Managing the profits and loss of an organization comes with a lot of pressure. However, don’t let your fear of failure stand in the way of the CEO path. You are capable!

--

--

--

Talking trends is a platform for people with a story to tell.

Love podcasts or audiobooks? Learn on the go with our new app.

Recommended from Medium

Bringing in businesses to mitigate the economic challenges in Nepal!

Founder Stories: Discipline > Motivation.

How we came up with our tech startup logo design

An Entrepreneur’s Map of the Road to Success

Did I choose the hardest thing to do? | #DailyBlink82

8 things we learned from the founder of Cashmere

The Future Is Now: Tarun Raj Of Reality MGMT Technologies and Reality Center On How Their…

Four Questions Every Marketplace Startup Should Be Able to Answer

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store
Talking Trends

Talking Trends

Talking trends is a platform for people with a story to tell.

More from Medium

Am I required by law to have working TPMS sensors in my new tires?

Ten Unusual, Caring, & Artistic Presents For Family, Friends & You

What is RISE with SAP? Everything You Should Know.

A letter to 2022