the ceo magazine, cash flow,
Fred Parrish, Founder & CEO, The Profit Experts

Too often companies do not pay enough attention to cost control until they run out of cash. By then it’s too late to take the actions necessary to avoid major problems. 

Anyone who has ever tried to raise capital knows that the absolute worst time to get cash from banks or other funding sources is when you desperately need it. The most likely result of a severe cash shortfall without some advanced notice and no access to additional capital is failure. 

the ceo magazine, human resources,
Cornelia Gamlem & Barbara Mitchell, Authors, The Big Book of HR

Anyone who manages people in today’s challenging world knows that it doesn’t get easier – just more complicated and, for that matter, more interesting.  The Big Book of HR has been revised and expanded to reflect some of the new realities leaders and managers face.  The book is filled with information on topics ranging from hiring to firing and everything in between including engagement, retention, total rewards, flexibility, performance management, employee development, risk management and so much more. The following are some key insights taken from this book.

the ceo magazine, managing employees,
Russ Riendeau, PhD, Partner, Jobplex

Labor markets are as tight. Talent wars are in full regalia and you’re top employee just gave you the “Hey, boss, can I talk to you for a minute” request, as they lean in your office, holding themselves by one hand behind your door frame. You know what’s coming: They are resigning.

Yep, the person says they have another offer to join a different company. All the standard clichés, reasons and accolades for you and organization are delivered, but, in the end “...it’s time I leave here” is the final appeal.

the ceo magazine, mission statement,
Gary Morton, Author, Commanding Excellence: Inspiring Purpose, Passion, and Ingenuity through Leadership That Matters

Inspiring human beings to achieve the truly extraordinary requires something more than a mission statement. Well-constructed mission statements define the field of play, what the organization does on those fields, and what is unique about the organization’s approach; but they are typically too complex and lengthy to become a rally cry. Two organizations that accomplished what experts in their fields thought impossible exhibited a rally-cry-like internal ethos centered on an absolutely clear organizational purpose.  Task Force 4-68 (TF 4-68) that won an unprecedented nine of nine force-on-force engagements at the US Army’s grueling National Training Center (NTC) and device maker Stryker that grew earnings at a consistent pace of 20 percent or more for 28 consecutive years had simple, three-word goals that expressed their ultimate expectations. These goals communicated a defining commitment that went beyond a mission statement or even a mission statement on steroids. 

As CEO, you’re frequently called on to introduce someone—a celebrity for your big client event of the year, an industry guru for your management meeting, a politician for a community gathering.  Whatever the occasion, you never want to be that person who disappoints the speaker, confuses the crowd, and embarrasses yourself.

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