Many middle-market firms lack sufficient disaster plans, business continuity plans, and insurance to prepare for and recover from large-scale natural disasters, according to a recent survey of its partner firms and brokers by Assurex Global.
While some of this may seem obvious, what’s not so obvious is how to implement these things correctly.
Salvaging a foundering business can sometimes be as difficult as turning around an aircraft carrier in the Panama Canal. As a new CEO, you may inherit a company with declining revenue, nonexistent profit, flawed products/services and poor morale. That was the scenario this CEO discovered two weeks after being hired at Ready Pac Foods, a producer of convenient, healthy fresh food.
The wildfires in Alberta, Canada, are a stark reminder that natural disaster can strike almost anywhere at anytime. According to German global reinsurer Munich Re, disasters resulted in more than $90 billion in insured losses around the globe in 2015. CEOs must ensure that their companies and employees are both prepared and covered at all times.
Supply chain management has emerged as a crucial component of operations management.
It’s difficult enough to lead in good times, but it’s even more challenging to lead in a time of crisis. While most companies have some sort of crisis plan in place, many are inadequate and untested, and contingency mitigation techniques and risk management programs can easily become overwhelmed. Whether it’s plummeting share prices or a major brand image problem, it’s up to the C-suite to own the situation and lead through the choppy waters.
Matthias Müeller has had one of the toughest jobs in the world since taking over as CEO of Volkswagen AG last fall, following disclosure of the company’s diesel-emissions cheating scandal.
Some of the most famous CEOs have made some big mistakes. Some of those mistakes cost CEOs millions of dollars, while others made their careers. There are some lessons to be learned from their mistakes.
Directors who sit on boards may think their companies can respond well in a crisis, but that doesn’t mean their companies are truly prepared for one.
What would you do if you were offered a new job and were told you would be fired after one year but you weren’t allowed to quit during your mandate? That you would be paid peanuts compared to your old comfortable job, and you would be harassed and bashed in the media constantly. And you wouldn’t be allowed to complain. You would probably say “no thanks,” right? This leader ended up with that job and he found out what it really means to lead in a high turbulence environment.
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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.
