What’s the career path for the typical CMO? If you think being a wizard at brand management, developing memorable ad campaigns or making a...
The process of CEO succession planning can be a long one. Just ask Ted Lynch. After a five-year decision making process, Lynch has been named the next CEO of Southland Industries. Here's the catch, he won't take the reins for another two years. But despite the wait, Lynch seems to be pleased with the planning process.
The position of CEO is highly visible and one where personality and leadership style can help or hurt a company's image. Even the most successful leaders have a weak spot. What's yours? And what can you do about it?
Strategic planning language can be the same for a number of businesses. The words "optimize," "integrity" and "innovation" are words that most CEOs will use when discussing their brand. In order to stand out, and to really define your purpose and strategy, you need to think out of the box. Storytelling is a way to do that -- you will engage your employees and customers in ways that branding buzz words can't.
There is a direct correlation between a company's level of employee engagement and its revenue. If you're not focusing on your employees' engagement, you could be losing money. Here are some examples of employee disengagement (what NOT to do) and an exercise to get you started on increasing your employees' engagement.
In addition to budget crises and high unemployment rates, serious pension problems loom for the US. States now face a $3 trillion-plus shortfall in state pension plan funds. Unable to hire new employees, CEOs are increasingly reliant on contract workers; this just results in depressed employment and loss of payroll taxes for states that desperately need revenue.
The key to employee retention is ensuring you have talented and personable supervisors on staff. Studies show that employees who have good feelings about their bosses also have good feelings about their jobs, pay and benefits. So why do only 14% of companies hold supervisors accountable for employee retention?
Just because an employee is working hard at their current job doesn't mean that they aren't looking for a new one. A recent study says that only 42% of people are satisfied with their jobs and a huge 96% would take a call from a recruiter about a new career opportunity. What are you doing to keep your employees at your company?
The role of the chief information officer is evolving. No longer, says Fran Hawthorne, is the CIO the 'nerd-in-chief.' Possible responsibilities have grown across multiple areas of business, from customer service to marketing. Is your CIO changing with the times?
It's time to rethink the practice of evaluating your employees only once a year. A continual feedback loop will lead to great success and engagement. Here are some painless and productive ways to critique your employees.