how to operate as a ceo
TRANSCRIPT
As a CEO you have the task of taking all the people
you know, putting them in one place, and then living
with them. That is what goes into building a company
and sustaining it.
A CEO has the important role of balancing efficiency
with agility.
A brief statistical view on the
operational effectiveness of a CEO
50% of global CEO’s
work on increasing operational
effectiveness as one of the top
three investment priorities.
89% Focus onincreasing engagement
with customers and clients.
70% plan to
implement a cost
reduction initiative.
work on
diversifying their
supply chain.
50%
47%
Entering into a new
strategic alliance is the
1st priority of
CEO’S
plan to
outsource a business
process or function to
minimize cost.
31%
The top 5 priorities of a CEO
Filling talent gaps-
51%
49%38%
32%
27%
Growing the customer base-
Improving operational effectiveness-
Enhancing customer service-
R&D and innovations-
Roles to play to operate like a CEO
USE TRIAGING
Triaging is a medical term that refers to the process
for sorting injured people into groups based on their
need for or likely benefit from immediate medical
treatment . A company at start is burdened with
many tasks. As a CEO, it is your 1st responsibility to
understand the issues that are fatal and those that
are less urgent and allocate time accordingly.
EDIT AND SIMPLIFY
People can’t understand and keep track of a long
complicated set of initiatives. One of the most
important tasks of a CEO is to clarify and simplify
tasks for everybody on the team. The higher the
level of simplification, the higher the success.
Simplify every initiative, every product, every
marketing task and everything you do.
Roles to play to operate like a CEO
FOCUS ON THE THINGS THAT MATTERS MOST
Narrow down the things that matter most for the
growth of the company and focus on those. When
you narrow down the focus you are faced with
fewer distractions, which allows you to make
prompt decisions.
Roles to play to operate like a CEO
CREATE A CONSISTENT VOICE
There should be a consistent voice across the
company. Whether it is on your website, PR
releases, blogs or any other place, it should
feel like it is being written by and voiced by a
single person
Roles to play to operate like a CEO
ALLOCATE RESOURCES
As the CEO you should have the vision
and understanding of market demands.
Your allocation of resources should be
perfectly synced with your current
business focus.
Roles to play to operate like a CEO
DELEGATE TASKS
80% of your results come from 20% of your
talents and activities. Delegate the 80% of
your activities that only produce 20% of your
results. CEOs should think, lead, and
delegate -- not handle trivial matters.
Roles to play to operate like a CEO
PROMOTE TALENT
There might be many employees in your
company, but not all of them are talented,
and not all of them have what it takes to
go the extra mile and deliver the result.
Identify those people and reward them.
Roles to play to operate like a CEO
BUILD TEAMWORK AMONG COLLEAGUES
AND DEPARTMENTS
Build teamwork using the knowledge and
experience of the company's managers and
employees A CEO should create an
atmosphere that fosters teamwork and
recognize jobs well done.
Roles to play to operate like a CEO
Thank You.
Get in touch on Twitter :
Visit Youssef Hodaigui website :
http://www.youssefhodaigui.com/
@youssefhodaigui
Created by:
www.effectus360.com