The absence of revenue growth is driving a disconcerting trend lurking beneath the recent round of solid profit forecasts announced by companies ranging from United Technologies Corp to Wendy’s Co., says Moneycontrol.com: “More than three years into the recovery, CEOs are still relying on cost cuts to prop up earnings.”
Last June, the Standard & Poor’s 500 Index fell the most in 19 months after Fed Chairman Ben S. Bernanke said the central bank could cut back monthly bond purchases later this year. This change in Fed activity might send interest rates up, assert Wall Street advisors, whose business has benefited from low interest rates and record share prices. M&A experts are dampening forecasts for the next six months as a result of added uncertainty of valuations.
Maybe it’s too soon to pop the champagne corks for Yahoo’s Marissa Mayer, but there are signs. People are spending more time on Yahoo’s flagship website. Talented engineers and entrepreneurs are coming to work for the company. Investors are adding its long-languishing stock to their portfolios again. When Yahoo lured Marissa Mayer away from Google to become its CEO last year, people inside and out held their breadth. Her early success offers lessons for other leaders.
Chief Executive Group exists to improve the performance of U.S. CEOs, senior executives and public-company directors, helping you grow your companies, build your communities and strengthen society. Learn more at chiefexecutivegroup.com.
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1:00 - 5:00 pm
Over 70% of Executives Surveyed Agree: Many Strategic Planning Efforts Lack Systematic Approach Tips for Enhancing Your Strategic Planning Process
Executives expressed frustration with their current strategic planning process. Issues include:
Steve Rutan and Denise Harrison have put together an afternoon workshop that will provide the tools you need to address these concerns. They have worked with hundreds of executives to develop a systematic approach that will enable your team to make better decisions during strategic planning. Steve and Denise will walk you through exercises for prioritizing your lists and steps that will reset and reinvigorate your process. This will be a hands-on workshop that will enable you to think about your business as you use the tools that are being presented. If you are ready for a Strategic Planning tune-up, select this workshop in your registration form. The additional fee of $695 will be added to your total.
2:00 - 5:00 pm
Female leaders face the same issues all leaders do, but they often face additional challenges too. In this peer session, we will facilitate a discussion of best practices and how to overcome common barriers to help women leaders be more effective within and outside their organizations.
Limited space available.
10:30 - 5:00 pm
General’s Retreat at Hermitage Golf Course
Sponsored by UBS
General’s Retreat, built in 1986 with architect Gary Roger Baird, has been voted the “Best Golf Course in Nashville” and is a “must play” when visiting the Nashville, Tennessee area. With the beautiful setting along the Cumberland River, golfers of all capabilities will thoroughly enjoy the golf, scenery and hospitality.
The golf outing fee includes transportation to and from the hotel, greens/cart fees, use of practice facilities, and boxed lunch. The bus will leave the hotel at 10:30 am for a noon shotgun start and return to the hotel after the cocktail reception following the completion of the round.
