This edition of The CEO Advantage Journal contains articles that review some of the fundamental disciplines required for organizations to be effective.
In stark contrast to the economic optimism of ten years ago, we now have a new understanding of volatility and uncertainty. This is no time to be scared, however. With challenges come opportunities! Challenges expose needs, and entrepreneurial organizations develop the new ideas, processes, products, and services to meet those needs.
Covering a broad range of topics including effective decision making, school management, family business management, hiring processes, and leading cultural change, these articles should have something for anyone who serves in a leadership role. In addition, we are pleased to include the insights of Dan Sullivan, founder of Strategic Coach®, and a study of the personal traits of Winston Churchill.
Many successful executives are surprised to find themselves very uncomfortable in what they thought was the “good life,” but this should be expected when the “good life” is the goal. The challenge is to find confidence in discomfort.
When business issues and family issues are the same thing, the challenges in each institution multiply. Adhering to three key disciplines will ensure that family remain allies and make life much easier for everyone involved.
Today’s winning business principles are not rocket science. They are also nothing new, as revealed by the writings of a B.C.-era thinker from the other side of the world.
The BHAG concept, first identified by authors Jim Collins and Jerry Porras, is a powerful tool for rallying an organization around shared vision. The challenge is to avoid rendering it meaningless by misapplication or overuse.
Much has been written about what makes great organizations successful, but we can learn at least as much from how they fail. A systematic approach to studying failure should be a top priority for all business executives.