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Greetings!
During the past month, it was very interesting to notice the "turn" as it related to the discussions and case studies shared at our CEO peer group meetings. Clearly, there was less emphasis on "hunkering down" and more emphasis on investing in the future. The job of CEO still remains tough (see the recent press below which surfaces the "lonely at the top theme" and the popularity of peer groups!), but hopefully, it is more rewarding now as most Peer Group Members are in a position to reap the benefits of the strong fiscal management you encouraged of each other.
The questions you should continue asking yourself:
- Am I missing something?
- Is there a better way or a better model?
And, as I am sure you would agree, this insight is most likely to come in further discussions and by working with other accomplished peer CEOs. Looking forward to next month!
Sincerely,
Melissa
617.901.7174
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In the Press:
CEO Peer Groups - worth it! |
If you are considering joining a CEO Peer Group, but are having difficulty justifying the time- OR you are having a tough day on the job, check out these two articles:
Those Poor CEOs. Seriously.
Harvard Business Review, Melissa Raffoni
"I want to start by saying that not all CEOs are evil. In fact, despite what you may be reading these days, the vast majority of those who hold the chief executive title are tireless individuals..." Read on and post your comments:
http://blogs.harvardbusiness.org/hbr/hbr-now/2009/05/today-more-than-ever-ceos-shou.html
We Want Your Pity
Globe and Mail, Sarah Boesveld
(Quoting Melissa Raffoni, Jim Bourdon, and Beran Peter)
"It's time to shed a tear for today's CEOs. Facing tough cost-cutting decisions while maintaining workplace morale in a recession isn't easy - leaders confess that it's lonelier than ever at the top...."Read on and post your comments:
http://www.theglobeandmail.com/life/work/we-want-your-pity/article1151037/
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Members in the News |
 Zildjian is the world's oldest and largest manufacturer of cymbals currently holding a 60 percent share of the market- according to company estimates. Young members of the Zildjian family are learning the finer points of a centuries-old business in this Boston Globe article. To read more click: http://www.boston.com/news/local/articles/2009/04/26/crash_course/?page=2
 was named a finalist for Ernst and Young's Entrepreneur of the Year Award. To read more click:
Accounting Management Solutions was named one of the fastest growing companies in Massachusetts, Boston Business Journal. To read more click: http://www.amsolutions.net/company/news_events/news/index.html
 Read Innoveer's white paper "CRM & the Economy" which outlines how organizations are streamlining and optimizing customer-facing operations to decrease costs, increase efficiency and endure the downturn... To read more click: http://www.innoveer.com/economy_wp.pdf
Mike Dreese of Newbury Comics was named a 2009 Innovator by Alternative Press. To learn more about Newbury click:
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Sitting In On A Meeting |
The following nuggets came out of a recent meeting :
Definitely be bold, but..." don't make hasty decisions because the market is slow."- Peter Bransfield, CEO, Rypos
"There are two ways to a sales process- improve the close ratio or increase the amount in the hopper."-- Point of feedback from a case on improving the sales process
"It's not a VP of Engineering you should hire, it's a Finance/COO type-- that's where you'll get leverage." Anonymous point of feedback (that the presenting CEO had not considered!) from a case on organizational structure for growth and the next key hire
"On strategy...if you have the opportunity to create a new market, work hard to do that. It will make your company more valuable-and now is the time." Just think of a clever three letter acronym ("joke", for those who caught it!)
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