Last updated 1 month ago
If you ask a successful CEO for advice on maximizing your business’s productivity, chances are the first thing he or she will tell you is “Streamline!” Many companies do not operate at 100% of their potential output simply because outdated or inefficient tools and practices prevent employees from working at their maximum speed. With all the technology and information available today, streamlining your business operations is easier than ever before. Below you will find several easy streamlining tips.
Travel Smarter When scheduling business travel, some CEOs instruct accountants to book the least expensive flights possible, in an effort to save money. However, if one of your senior board members or most productive employees gets stranded on layover due to flight cancellations, the loss to your business can exceed the value of the money you saved. Avoid flights that stop in delay-prone airports unless you absolutely must conduct business in those cities.
Focus Your Supply Chain Developing a strong relationship with quality service providers and suppliers whose products you trust can allow you to enjoy benefits such as volume discounts and preferred-customer treatment. When you are streamlining your supply chain, remember to factor in a supplier’s on-time performance, and work with vendors who deliver products on time so that you can reliably adhere to your own production and work schedules.
Build an Online Presence In the days before Internet search engines, social media sites, and smartphones, the main way to reach potential customers or clients was through traditional advertising methods. Today, however, billboards, newspaper ads, and even television commercials will not reach as many customers as a strong online presence with dynamic, high-quality content—so you can cut down on print advertising and the associated expenses, and go digital.
If you would like to learn more ways you can streamline your business operations, attend a CEO roundtable at TEC. Our executive coaching programs allow the top business leaders in Wisconsin to come together to share strategies for improving leadership building and productivity skills. Call us today at (262) 347-3677 to learn more about our professional development services.
Last updated 2 months ago
When you participate in an executive roundtable at TEC, you will enjoy the benefits of working with a select group of business owners and CEOs. All of our members make strict confidentiality agreements so that they can freely discuss any topics related to business or personal issues.
To chair every group, TEC hires an expert CEO coach who knows how to help each group member develop his or her leadership skills. The members of your group will collectively have many years of business experience, often in very different industries. Watch this video to learn more about what TEC has to offer you.
If you are interested in our executive coaching programs in Wisconsin, call TEC today at (262) 347-3677. Our exclusive CEO groups will help you hone your business skills and develop new leadership strategies.
Last updated 2 months ago
Even the most successful executives can sometimes struggle to find room for personal growth in their businesses. Depending on your specific skill set and personal preferences, you may be suited for a different role in your company than the one you currently occupy. Executive coaching can help you identify your strengths and decide what roles are most appropriate for you and other high-ranking individuals within your company, as can the guide below.
The Strengths of a CFO If you focus most of your efforts on building a secure budget plan for your business, conserving funds, then you may be best as Chief Financial Officer for your company. The best CFOs have a sense for numbers and prefer to work with concrete, quantitative data. In many industries, CFOs also conduct data analysis and may be responsible for record keeping and payroll oversight. An accounting background is a particularly valuable asset for a CFO.
The Strengths of a COO Whether your company uses the title “Chief Operating Officer” or “President,” the person who occupies this chair must be a team-oriented individual who enjoys creating and analyzing new success metrics, and implementing new reward and evaluation strategies. A COO must have excellent social skills, because he or she is often responsible for maintaining workforce integrity and keeping the staff motivated.
The Strengths of a CEO A CEO must have a wide range of management skills, because he or she acts as the main decision-maker in the company. For larger companies, the role of CEO is highly visible, and many successful CEOs are recognizable public figures, such as Martha Stewart, Michael Eisner, Ray Kroc, and Dave Thomas. A good CEO must be able to take an overarching long-term view of business operation and future growth, and he or she should not be afraid to take risks.
To develop the skills you need to be a successful CEO, enroll in TEC’s executive coaching program today. By working with a group of your peers in Wisconsin, you can learn new techniques for business management and identify your own areas of strength or expertise. Call TEC today at (262) 347-3677 to learn more about our coaching programs/
Last updated 2 months ago
If you have found the advice in our recent articles useful, visit the following pages to learn even more about implementing new technology and motivating your employees.
Call TEC at (262) 347-3677 to learn how you can join a confidential group of CEOs among which you can share your business concerns and gather valuable advice.