CEOs at companies ranging from Honeywell to JetBlue Airways said that a prolonged shutdown of the U.S. government has the potential to jeopardize the economic rebound, according to a report from Bloomberg. In addition CNNMoney reports that more than a dozen Wall Street bank chiefs warned President Obama at the White House that the financial system would suffer if the shutdown and debt limit aren’t resolved.
Leadership development is a cornerstone of every CEO’s job. If you are not spending a good chunk of your time nurturing talent and having your organization develop people three or more layers below the CEO, you are risking the company’s future prospects because talented people can and will go elsewhere
Tragedies are unfortunately a part of life and business. The most common arrive in the form of the “4 D’s”: death, divorce, disability, and drug abuse; all of which CEOs must confront on both a personal and a corporate level, as their fortunes and families are often tied to their companies. Approaching such issues with foresight and planning can make all the difference in dealing with life’s curveballs.
Coaching may not be for everybody. And much depends on getting the right one. Many swear that having one has made all the difference in knocking off rough edges and being able to connect better with colleagues and employees.
Tech leader Tom Lounibus thinks it’s no accident that more and more tech companies are going private. But why would this trend also affect non-tech companies?
Strategic thinking emphasizes the need to balance today’s performance with future opportunity in order to manage risk and navigate through the uncertainty of the business landscape. The ability to think strategically sparks new ideas and future business propositions that are the lifeblood of long-term success, but many CEOs and senior executives continuously struggle to look past the present and put the future in focus. In fact, Chief Executive magazine has previously reported that a staggering seven out of 10 leaders don’t consider themselves to be strategic. So, where have all the strategic leaders gone?
Coaching is drawing greater interest by boards and c-suite executives, particularly where performance goals aren’t being met. Yet there is still a contradiction between what is expected of c-suite executives from their boards, customers, clients, their employees, even themselves and their willingness to commit to a the coaching process which can equip them with the tools to achieve expectations. Recent research by Stanford University and The Miles Group cite the massive gap between CEOs being receptive to coaching (95%) and the percentage who actually receive coaching (less than 33%). More often than not, this is due to the “stigma” that is still attached to coaching by both boards and CEOs, that it is “remedial” in nature rather than “performance enhancing”.
CEOs take note: Not every company fits the Trader Joe’s model, but some observers suggest that it offers many easy-to-implement ideas: break goals down into smaller, sub goals; celebrate the accomplishment of small goals loudly and joyously; actively solicit and put into effect employee ideas for improvement.
Grumbling about corporate boards — about long-tenured directors too cozy with management, for example — may be inevitable among investors, but new research by a young accounting scholar suggests surprisingly that at least one aspect of corporate organization suits Wall Street fine. Company performance actually rises with board tenure—but only up to a point–indicating there’s a tradeoff between knowledge and entrenchment.
Twitter filed the initial paperwork on Thursday for its long-awaited initial public offering of stock. Unlike typical IPOs, however, potential investors won’t get a peek at the company’s finances.
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.
