[Solution]Develop a list of five criteria for a CEO assuming that he or she has effective diversity management and inclusion as a strategic goal.

1. Visionary Leadership: A successful CEO should have the skills and vision to identify new opportunities, challenge outdated approaches, and create a shared sense of purpose amongst their team members. This includes being able to assess current organizational policies in order to determine how they can be adapted or adjusted for the benefit of all staff, regardless of background or identity.

Develop a list of five criteria for a CEO assuming that he or she has effective diversity management and inclusion as a strategic goal.

2. Commitment to Equity: A successful CEO must demonstrate an unwavering commitment to promoting fairness and equal treatment within the workplace regardless of race, gender identity, sexual orientation, religion or any other characteristic that is protected by law or company policy. The leader should consistently strive for equity in hiring practices, promotional opportunities and wages; ensuring that diversity initiatives are not just empty platitudes but sustainable strategies that bring about tangible change for minority groups who have historically been underrepresented in leadership roles.

3. Intercultural Competence: Having strong intercultural competence means being able to establish effective working relationships with people from different backgrounds while recognizing each group’s unique contributions and perspectives towards creating maximum value potential within an organization’s environment. As such, a successful CEO should be open-minded when engaging with diverse staff members; actively seeking feedback from them when making decisions and allowing their voices be heard without any fear of reprisal for speaking up about issues related to unfairness.

4. Mentorship Opportunities: It is essential for CEOs leading diversified teams to provide mentorship opportunities which allow minority employees access career development resources as well as greater exposure within the larger organization hierarchy so they can gain meaningful experience as well as increase their chances at success over time if they choose pursues higher level positions later on down the line.. Effective mentorship programs should also incorporate elements which foster positive connections between mentors and mentees; providing support networks which empower minority individuals with guidance while simultaneously recognizing them as valuable contributors who bring unique skillsets into their assigned roles with the company..

5 Empathy & Compassion: Finally, a successful CEO needs empathy & compassion towards others in order both recognize personal boundaries yet still have meaningful dialogue whenever there are disagreements between individuals over important matters related inclusion initiatives/policies etc.. The leader should be accommodating whenever possible but firm when needed – always having everyone’s best interests at heart no matter who ultimately prevails during negotiations concerning broader organizational objectives .