This is a great question, Dion.
First, not all top executives manage the pressure very well. Stress and life balance is something the executives struggle with frequently.
The ones who do a good job have developed techniques that work for them, over time and often through trial & error.
Some strategies that work well are:
- Having an outlet or activity, like exercise to help burn off some of the impact of stress.
- Having a peer, coach, or group to talk to discuss the challenges helps release stress and help uncover possible solutions
- Focus. Successful executives no their priority and are able to say no to the distractions and challenges that can build up and create stress.
- Delegation. Really great executives know how to share the load with the right people on their team.
- Perspective. this usually comes with experience. The top executives who are great at balancing the pressure understand that mistakes and failures happen along the way - and look to reduce stress for themselves and their teams and move on to problem solving as quickly as possible. They know that stress is part of business, but also know that their company can not be truly successful if it's the constant state of things.
I hope this helps!
That is a great question...I have not managed a large business but I have been a Manager in a larger business and owned a small business. Personally I prefer small business management, you do a wider variety of things and have full responsibility for your small business but there is usually no one else to answer to and you make your own policy and processes for the most part.
In a larger business, you will probably have other departments, partners, people, policies and processes to deal with that are interested in how and what you do to deal with. It is called the "Politics of Business" :)