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.
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.
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.
CEOs consistently cite complexity as their number one concern today. Many top and emerging leaders are using corporate chiefs of staff not only to navigate that complexity, but to thrive in it. It’s time for you to think about the role, too.
Deep within public financial data are insights that can reveal huge opportunities for growth. Most CEOs leave the financial data to the experts as they have enough to deal with between making strategic decisions around growth, efficiency and profitability. However, it’s a missed chance for CEOs to really understand the bigger picture. Understanding the benefits hidden within public financial data can be too rewarding to pass off to another colleague.
Individuals with MBA degrees don’t automatically make the best leaders—and MBA programs fall short when it comes to developing essential leadership qualities in their students.
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.
Between 50% and 70% of organizational change initiatives fail—and that’s just criminal, says Bill Pasmore, author of Leading Continuous Change: Navigating Churn in the Real World.
Your company’s ability to implement transformational change directly impacts how quickly your company can grow. The faster your company is able to change and adapt to a customer’s needs or a changing market, the more quickly your company is prepared to boost sales growth. Yet some executive leaders limit their company’s growth by accepting commonly-held myths about transformational change.
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.
