Strat4 - Solutions for Growing Companies
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Strat4 - Strategic Leadership for Growing Companies 

Monday Morning CEO


Week of July 4,  2011



"My God!  How little do my countrymen know what precious blessings they are in possession of, and which no other people on earth enjoy!"  

 

 -Thomas Jefferson  

 


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in this issue
Fort Ticonderoga - Celebrating Independence and Courage
Recommended Reading: Choosing to Cheat; and Drive
Small Business Owner or High Growth Entrepreneur?

 

Greetings!

 

I had planned a brief July 4th edition on Monday - to wish you and yours a wonderful Independence Day holiday- and to honor my personal commitment to publishing every Monday - without fail. I was unable to get a usable cell signal while on vacation deep in the

Adirondack Mountains and consequently could not "get online" to send the July 4th issue I had mostly prepared before I left.

 

P Liebman Portrait

My technology had failed me (it's not my only failing!) - and I realized, once again, just how dependent I have become on technology and virtual connectivity. Beyond the desire to be in touch, many of us never fully escape our customers, employees and the myriad problems we face in our day-to-day work lives. And it's just as bad if like me you are a news and sports junky. I have normalized being "always on" and have forgotten that technology can be as much a prison as a source of soaring freedom.  

 

In fact, the freedom we celebrate on Independence Day was not fought with anywhere near the technology the average American 12-year old carries around in their cell phone today. There were no satellite images, virtual analytics, night-vision goggles or even radios. The Revolutionary War was won with grit, wiles, passionate determination and enormous human sacrifice. See the section below on Fort Ticonderoga and The Boston Campaign. I know that getting away from technology every so often is not only a good thing; it is necessary. It's why I collect phones and Blackberries at my CEO group meetings.

 

But, Sunday evening I felt a brief tug of frustration and considered getting behind the wheel of my car in pursuit of the signal I "needed." But what I found instead was a reconnection to a gift I had received a long time ago:  the realization that being on vacation should mean a vacation from work - not one with work.

 

In the past, as a CEO of the companies I ran, I would routinely fail my family in this regard. As long as I had a number where my office could reach me - or a cell phone in hand's reach, I was never truly present in whatever moment I should have been enjoying with my family. I was either waiting for a call, making a call - or just thinking about work. I have pictures that are ugly reminders of myself at a pool at an exotic resort - my kids in the water and me on my cell phone, on line at Disney the same way and similarly on dozens of trips. If this strikes a familiar chord with you, then I urge you to consider examining your priorities.

 

As difficult as it feels, the hard truth is that to lead your company successfully you must be a leader not just act like one when you need to. This means understanding that you must exhibit the same passion, drive and dedication to all the things important in your life - and not allow your professional drive or your business to throw your life off balance. You must lead your life, and lead your relationships with your family with the same ability to be present, connected and centered (balanced and fully resourceful), just as you need to demonstrate these qualities as the leader of your company. (See last week's edition of MMCEO for more about this.) Being unable to not only damages to your relationships with the people whom you love and who depend on you - but also will ultimately compromise your ability to be a fully-realized leader in any area - much less lead a happy life.

 

I long ago realized that the most successful people I knew and admired were those who demonstrated that balance. It's amazing but not sadly not surprising how many people I work struggle to find balance in their lives - even when they tell me it's important.

 

Choosing to Cheat

 

A colleague of mine shared a book by Andy Stanley, a pastor fro Atlanta, called Choosing to Cheat: Who Wins When Work and Family Collide? While he uses some biblical accounts to demonstrate his points, the book is not a religious solution to your problems nor is it particularly "preachy."  His message is clearly secular and universally meaningful. If you are a hard-driving CEO and have either been told - or simply know that you have trouble in this area of your life - you should give this book a read. You can find the information below or click the following link:

 

http://www.amazon.com/Choosing-Cheat-Wins-Family-Collide/dp/1590523296 

 

Why Vistage Executive Peer Groups Help CEOs Achieve Better Work-Life Balance

 

I generally avoid directly promoting Vistage - as it seems self-serving - and there is plenty already written at the Website at www.Vistage.com. But this topic cries for an exception. Based on my personal experience as a CEO and my professional experience as a Vistage Chair for the past 6 years, I am firmly convinced that there is no better alternative to a Vistage CEO group for establishing work-life balance. A book may help you realize this is what you need and why. Any good executive peer group will give you a forum to understand that you are not alone in your needs and struggles. But a Vistage group offers unique link: the relationship with you Chair - who through spending deeply personal time with you - understands the dynamics of your life and business and can bring these conversations to your peer group with insight, clarity and a bias to change and results and challenge you to take action. It's the level of candor that comes from the safety of a professionally facilitated group combined with the leverage of mutual accountability that makes a Vistage group experience difference from any other.

 

For the Sake of What   

Paradox

Lil and George's Place- our camp at Paradox Lake on a recent fall visit

 

So, here I am, on vacation with my wife, kids and their respective girl and boyfriends and my Golden Retriever - feeling the pressure to sneak away in search of signal - when I realized how many times in my life I had been behind the wheel, driving away from the things that should matter most. This time I chose to think instead of the larger commitments that make me who I am. These commitments address all things for the sake of what is truly and ultimately important to me, and support me in leading my life the way I truly want to.  Being consistent with my commitment to Monday Morning CEO is important - just not as important as balance in the larger scheme of things. And besides - who says it has to go out every Monday?

 

 

 

As always, wishing you a great and successful week ahead.  

Cropped PL Signature

Philip R. Liebman

Managing Director, Strat4

Group Chair, Vistage International

 

 

What I Did on My Summer Vacation - Celebrating Independence and Courage

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Toconderoga

Not far from Adirondack camp where I vacation with my family is Fort Ticonderoga - with its rich history in the American Revolution shaped by the likes of Ethan Allen and Benedict Arnold leading the Green Mountain Boys against General Montcalm of France.  

 

But it was during the winter of 1775-1776 that  60 tons of supplies including 59 artillery pieces captured from Fort Ticonderoga were transported on sleds through snow, ice, and icy half-frozen rivers - across the Hudson River and over the Berkshire Mountains by Henry Knox to positions in Cambridge - just outside Boston. The "Knox Expedition" as it later became known, was called "one of the most stupendous feats of logistics" of the entire Revolutionary War by noted historian, Victor Brooks, author of The Boston Campaign - and contributed to the Continental Army taking Boston, representing a turning point in the war.

 

You can find The Boston Campaign on Amazon by following this link: 

 

http://tinyurl.com/3bt5pw8

 

 

You can learn more about Fort Ticonderoga by visiting their Website at:

http://www.fortticonderoga.org/


Recommended Reading-   

 

'Choosing to Cheat: Who Wins When Work and Family Collide? -Andy Stanley

 

Drive: The Surprising Truth about What Motivates Us - Daniel Pink 

 

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Choosing to Cheat

Andy Stanley addresses one of the most pervasive problems I see among hard-driving, successful CEOs. 

Achieving life-work balance is hard enough when you know how - but unless you know "why" it's nearly impossible. This book won't solve the problem - but leads to a clear understanding of the dynamics that undermine our relationships - and our families. If you want success in all areas of your life - Choosing To Cheat offers clear insight that should motivate you to find balance.  You may also want to read Drive and learn how motivation really works! 

 

You can find his book on Amazon here:

 

  

http://www.amazon.com/Choosing-Cheat-Wins-Family-Collide/dp/1590523296

 

 

Drive 

 

Daniel Pink's book is one of the most important and valuable books you will ever read.  

 

Drive debunks myths about motivation that many of us have long held as absolute truths - and then wondered why we are unsuccessful at getting our employees and kids into high-gear. Science proves that rewards and the "carrot-and-stick" approach to motivating people can actually get the opposite of the intended results - and that what actually motivates people is surprisingly obvious. It will also help you understand what really motivates you. 

 

 http://tinyurl.com/Drive-Daniel-Pink-onAmazon

 

Small Business Owner or High-Growth Entrepreneur: Which are You?
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Diffentiate

Are you just small business owner or high growth entrepreneur? A lifestyle entrepreneur or a "true CEO?"  It's an important distinction.   This article from Small Businss Labs has been a topic of discussion among my Vistage Chair colleagues and explores these important distinctions.  Any of the above are worthy callings; but it's important to know which one you are, what you want to be ...and to have chosen that role. Check out this interesting and insightful article:

 

http://www.smallbizlabs.com/2011/06/comparing-small-business-owners-and-high-growth-entrepreneurs.htm 

 

 

 

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