Want to Upgrade Your Business? Upgrade Your Leadership Team!
A maturing industry requires its leaders to act differently. As industry players grow larger to manage compliance burdens and to gain access to capital, leadership styles that worked in the past can become dysfunctional.
Growing companies can be victims of their own success. When they get the growth they so desperately seek, they may just as quickly outgrow their leadership infrastructure, rendering the business chaotic and inefficient.
What could ever be wrong with a strong, growing top line? What would be wrong with running a lean company? The answer: Too much work to do and not enough people or resources to execute it well.
There are many ways that organizations can stumble when functional areas aren’t synchronized. Here are some of the problems that may arise and five strategies for mitigation.
CEOs sometimes suffer from insomnia, worrying about the future of their companies. As the bus rolls along, are some of the wheels coming loose? While you’re lying awake at night, ask yourself these key questions.
Every successful startup goes from an entrepreneurial stage to a professional enterprise. Not all of the founding team can make the transition.
CEOs are visionary, so we see visions. Sometimes our enthusiasm and forward thinking makes those visions diverge from what is possible within time and budget restraints. Tom Oliver, CEO of CoolSystems, found a path between hard choices.
Robert Sher is founding principal of CEO to CEO, a consulting firm of former chief executives that improves the leadership infrastructure of midsized companies seeking to accelerate their performance. He was chief executive of Bentley Publishing Group from 1984 to 2006 and steered the firm to become a leading player in its industry (decorative art publishing).