My understanding of a good CEO is that the main work is to build and maintain business contacts that lead to future large revenue streams for the company (which is de facto networking to build contacts with customers in the first place, closing deals is the job of the sales department). I don't think that creating a strategy has that much value, most like it is wrong anyway¹.

¹ https://hbr.org/2010/01/why-most-ceos-are-bad-at-strat-2