Working Together with you 360
Our new initiative for 2019.
The top 10 Business concerns
“Our range of vision and understanding, or cognizance” “the range or limit of authority, competence, responsibility, concern, or intention.” These are what we are told by CEOs today are their considerations when it comes to day to day challenges.
All leaders face trying times, both internally and externally. Those external factors are often the most difficult to contend with, since they’re outside of a leader’s control. In fact, the current business climate has generated many shared concerns among leaders across the board, regardless of the industry they’re in, or type of business they operate.
1) Time for Reflection.
CEOs know and believe that time and space for reflection and thinking is crucial for clarity and strategic process. They sometimes have a hard time finding the space. Many clients are scheduling space in their calendars and challenging themselves to treat it as a priority. Go to our corporate get away, on page…
2) Navigating and Communicating Constant Change
We haven’t worked with a business or leader who hasn’t struggled to some degree on how to navigate change, whether it is in the Business itself or industry. The keys to leading change are trust and clear communication. Building trust with your teams is crucial as is creating avenues for open, two-way communication.
3)Making Progress Amidst Chaos
It is so easy to get distracted and be pulled in so many directions when trying to balance and create an exciting future today, as well as balancing results. Taking the time to communicate and engage your teams in both the excitement of creation as well as the dedication to providing results, can ensure that you provide the assurance and sense of stability in your business.
4) Staying Ahead of The Competition
With other companies offering a similar service to yours, how do you stay competitive in a crowded marketplace? Instead of focusing on the competition, get intimate with your company’s unique differences and value proposition. Remove yourself from the commodity market that competes on price and quality, and focus on innovating your unique approach, exceptional skills, staff and customer intimacy
5) Finding Talent In our Economy
CEO clients struggle to find help. It’s the curse of our economy. In bad times, you would expect employees to be everywhere. In good times, all the good employees are supposedly employed and content. We must learn to recruit talent in both economies. You must seek out employees because most are happy and not seeking further employment, growing talent from within is key for businesses today.
6) How strong is your Management Team?
Having a strong management team will have the most impact on any challenge a CEO is struggling with. As Businesses grow, they often outpace their management expertise. A CEOs should focus their time on getting the right personnel in place and then have regular heads meetings focused on strategic initiatives.
7) Creating Safe Environments
With everything in the news and media, many leaders are struggling with promoting and maintaining safe and supportive work cultures. This can be achieved by promoting a simple statement: people first, then couple this statement with values of how people will work and communicate with each other. Reinforce this through your vison, goals and training your people.
Many CEOs find today challenging to navigate the world of social media, which is growing daily. Being trendy while remaining professional can be tough for some executives. It pays to learn the dos and don’ts, just because something is effective, doesn’t mean it’s professional.
9) A Strong Culture
Many CEOs find it challenging to nurture their company culture in the current climate and as their company grows. They are keen to build and retain a vibrant, collaborative culture, it’s advisable to have clear vision, which enables them to integrate a culture and gear it into their operation and allow it to positively and continuously evolve. This will allow them to understand how training and rewards align with security and a great culture.
10)Defining Your Legacy
In today’s economy, Leaders feel the pressure to take larger-than-normal risks, to grow the company’s brand. Combining this with the needs of personal growth and the service of others, Leaders may take action on deals that are not aligned with the company’s mission. We encourage clients to define their mission first and find alignment between the mission and the company’s objectives.