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To be successful, senior executives need to cultivate five skills. First, they need to develop a network of information sources in order to keep informed about a wide range of operating decisions being made at different levels in the company. Second, they need to husband their energies and time and concentrate on a limited number of significant issues. Third, they need to cultivate a sensitivity to the power structure in the company. The fourth skill of successful managers is knowing how to indicate that a company has a sense of direction without ever actually committing themselves publicly to a specific set of objectives. The final, most important, skill is that of developing opportunities. The effective senior manager is, in essence, an opportunist who avoids debates but tries to piece together particles that may appear to be incidentals into a program that moves at least part of the way toward his or her objectives. McKinsey Award Winner.