Change: this time of year, it’s in the air. And yet, the transformation of American leadership––that for years has been long sought after to improve America’s employees and her manufacturing base–just never seems to materialize. When change becomes necessary, however, say due to a company crisis, that change just can’t come fast enough for most CEOs.
U.S. businesses waste $37 billion in unnecessary meetings each year, according to Verizon. Let me put that number in perspective for you. In 2014, Apple made $39 billion, according to Fortune. That means U.S. businesses lose almost as much as Apple makes each year by having meetings that aren’t necessary. So how do we stop wasting time and money and gain back that productivity we’re losing?
A recent study by MIT’s Center for Digital Business found that to fully digitally transform a business, two key factors must work together to drive the process: an investment in technology and an investment in leadership. According to the study, companies that make the investment in both leadership and technology are 26% more profitable than their industry peers.
Executives and marketers alike often throw around terms like “data-driven” and “company culture”—just not in the same sentence. Today, the behaviors reinforced by a company’s culture aren’t consistently followed when it comes to employees’ use and management of data, and that poses a major challenge.
In 2013, a little over five years after it had a seemingly unassailable lead in the global smartphone market, Nokia’s share had completely collapsed and the company was sold to Microsoft. While Apple, Samsung and Chinese manufacturers innovated, Nokia stood still. It’s not alone. Between 2006 and 2014, almost 40 of the S&P 100 companies had dropped out of the list, and nearly 20 of them had completely lost their independence.
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.
0
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.
