CEOs: Is the Single Point of Failure in Your Company - You?
The ideal CEO is a visionary. This CEO is the company Evangelist. Then, they cannot separate themselves from the business. They build a culture that does not cultivate ideas if these ideas are not their own. They fail to develop a collaborative culture that develops a dynamic management team around them. They pretend to embrace change. At some point, their managers do not confront this CEO. And this CEO becomes the single point of failure in their own company. These CEO's blame everyone around them for the company’s failings. Look in the mirror. Is it You? The challenges are the same.
After, thirty-five years the companies blur. It is the CEO of from 1985. It is the CEO with whom I am working today. Their companies are falling far short of their potential. Cash is now a problem. At the end of the day, you know you need help but are still unable to let go. You will fail. Your company will fail. What are these challenges?
Finding Growth
Balancing and Taking Calculated Risk
Leveraging Technology to Drive Efficiencies
Pursuing Innovation to Remain Relevant in the Marketplace
Developing a Culture by Design
What do successful companies have in common?
They adopt new thought leadership and strategic planning
They identify new business metrics for its success tomorrow
They build a synergistic marketing, sales, and financial plan to fuel the growth of your company They develop a new value proposition that is on the lips of every employee
They develop a new value proposition that is on the lips of every employee
They recruit new talent and weed out employees adverse to change; and ensure every going-forward employee understands how their role impacts the business
The implement professional development plans to ensure employees acquire the skills and expertise to make them successful
They stop promoting people to levels beyond their incompetence
They develop a culture where no one is allowed to devalue the work of others
They train its people to an inch of their lives
They develop a culture that embraces change
David Boim is president of DSB & Associates. For the past 35 years, DSB has transformed businesses into flexible, responsive, flat organizations that drive dynamic growth. We enable companies and their executives reach their potential. Our uniqueness is that we combine revenue generation, financial acumen, building a culture of collaboration, and a history of successful engagements.
