Strat4 - Solutions for Growing Companies
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Strat4 - Strategic Solutions for Growing Companies
Monday Morning CEO
                                          
Week of December 27, 2010    "The Final Word on 2010"

"Strategy without tactics is the slowest route to victory. Tactics without strategy is the noise before defeat."

- Sun Tzu (5th Cenury B.C)

Philosopher and author of  "The Art of War"


                   


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in this issue
5 Business Killers
You Know Your Sales Process is Outdated when...
40 Speeches in 2 Minutes
P Liebman Portrait
Greetings!

What does the New Year and your company's sales have in common? For many companies bringing in orders is not much different than ringing in the New Year. You see, the calendar will roll-over to the next calendar year with or without champagne, confetti and count-downs. In fact you need do nothing - but many of us choose to celebrate. The same is true for much of the sales we "celebrate" - especially in successful, established companies. Long standing relationships and channels thankfully have orders just rolling in. I'm not suggesting this is anything but good - but the problem is that you may be leaving opportunities on the table - and worse, you may be leaving yourself vulnerable to your competition. If you're sitting back and enjoying sales that just keep rolling in, perhaps it's time to get aggressive and proactive - commit to making your company better, stronger and smarter in your selling efforts. It could really pay off. There's a white paper linked below you will want to read.

I asked the CEOs I work with what their top priority is for the coming year. Not surprising the key focus was driving growth to both regain ground lost during the past several years - and to take full advantage of the opportunities to be found in the ongoing recovery.

In my experience - growth comes from predominantly from two very fundamental things: effective sales and marketing and solid execution. Dan Barnett did a terrific job when he spoke to my Vistage CEOs last week about make-or-break execution - and how to measure forward activity that drives results. Next month I have Mitch Gooze giving a workshop on Effective Marketing - How to Get It or Tell if You Already Have It," - defining the functional relationship between marketing and sales - and getting strategic leverage into your marketing efforts.
 
If you are a CEO considering becoming a Vistage member - or in any CEO peer group, you should consider being my guest at my Vistage CEO meeting on January 26, 2011 when I will have Mitch Goozé present his full morning workshop.  I have one opening for fa new member of this group and will be launching a new CEO Board in the coming months - and beginning to select members for that group now. Please contact me right away to preserve your palce.

Finally I wish you a healthy, happy and prosperous New Year!
Cropped PL Signature
Philip R. Liebman
Managing Director, Strat 4
Group Chair, Vistage International

Five Business Killers

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Verne Harnish "Rockefeller Habits" author Verne Harnish warns us of "5 Business Killers" and  "How to stop doing everything that sucks the life out of your company so you can focus on growth instead" in this recently published article in FORTUNE.
http://finance.fortune.cnn.com/2010/11/29/5-business-killers/   
 
You Know Your Sales Process in Outdated When -
 
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Colleen StanleyMarkets have changed over the years (especially the past 2 years).... Yours has too. Colleen Stanley is a Vistage member and speaker based out of Colorado. The attached article from the Vistage Website will help you determine if your sales process is based on outdated assumptions and tactics.  Check it out. Also don't forget the advice recently offered in Monday Morning CEO by Caryn Kopp on Filling Your Sales Pipeline in December: this week might be a better time than you think for kick-starting 2011 into gear!
40 Inspirational Speeches in 2 Minutes
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40 Inspirational Speeches Having spoken to thousands of CEOs around the country over the past several years, I can say unequivocally that one thing you are NOT lacking is motivation.

In fact, I refer to myself as a demotivational speaker - and work to help slow CEOs down and connect the speed of their vision with the realities of effective execution and Fiscal Leadership. (See my Blog.)
 
It is possible, however, that your employees may need a little extra motivation to get them back into high-performance mode after the Holidays. This is one of the most watched videos on YouTube - and will give you plenty of ideas for getting your people fired-up. Enjoy!
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