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Do You Think CEOs Flying Blind in their Executive Jets?

Do You Think CEOs Flying Blind in their Executive Jets?

 

Being an executive, especially a CEO, is an honor and privilege that is bestowed on those leaders who are bigger than life. CEOs are expected to be the best of the best! Heroism and Superman/Superwoman qualities are routine daily job requirements. Along with all the financial and prestigious entitlements and perks, there is the implied mutual contract of trust, loyalty, and respect. CEOs, in particular, are expected to be the captains of their corporate ships. They cannot, and should not, delegate this awesome responsibility carelessly since at the end CEOs are responsible.

 

For thirty years, I have been saying that we have a management crisis in American Management! This crisis revolves around the CEOs literally flying blind.

  • Communication, which is the most important part of management is either delegated, or is one-sided; CEO to all others.
  • CEOs and their Board of Directors are living in isolation. It is recognized that isolation is a key factor in alcoholism, and substance abuse. Timely, pure, and open information which is the life blood of any company successes has to be filtered, "Microsoft Power Pointed", polished, recast, and politically have the right spin put on them, before it is presented to CEOs. Gone are the days of Hewlett Packard (HP) founders "Managing by Walking Around" and having open discussion with whoever who had something to say.
  • Many CEOs will be hard pressed to know the value-add of their company behavior, marketing and sales activities, and most of them will have a hard time telling why a customer buys their product and/or service at the price point that they buy. They will be at a loss to give three reasons why their competition is outselling them.
  • What is common knowledge, here on earth among customers is not heard in those executive jets flying at 30,000 feet. For example, they do not know, or want to know, the frustration their customers have with Telephone robots that call them all hours of the day and not even leave a message.

The Global Financial Crisis has been a wakeup call that cannot be dismissed again. What we all did, and how we all did it before, does not work anymore. Richard Bolles, author of "What Color is Your Parachute" is telling us that we need to constantly "Learn, Unlearn, and then Re-learn". He is an accepted and respected authority in career development and job search. Debra Benton, a New York Times Best Seller author of many CEO related books describes in list after list what an outstanding CEO needs to be and do in her latest book "CEO Material".

 

The average media image of a CEO to the common person these days is one of testifying for financial irregularities, or even some CEOs going to jail for having done illegal things. Let me be the first to tell you there is extremely good news here. Majority of CEOs are good and responsible people. Most are high achievers who have devoted their entire career, along with a big chunk of their lives for their passion and obsession of being a CEO. Actually they do not just want to be a CEO, they want to be that best of the best hero.

 

Now is the time for action for those CEOs who indeed want to make a difference.

 

Now is a historical time that government has, more or less, done all it could. Nevertheless, there still is a record high unemployment. Without jobs, there will not be a recovery. It is time CEOs came down to Earth and created jobs. Consider these facts:

  • Many of the unemployed will be happy to work part time.
  • Many would eagerly accept job share, or being back-up to the regular workers. After all "Code Sharing" went a long way to help airlines.
  • Many unemployed would be happy to get On the Job Training (Good old OJT) as a part, or even full salary temporarily, so they can do exactly what Richard Bolles talks about: Learn, Unlearn, and Relearn.
  • Massive and frequent layoffs and "At Will"-Hire-Fire-Revolving Door employee policy has failed to help companies in long term. HP did not lay off even one employee for the first fifty years. It can be done and it is good for business. Aflac Corporation in a news program said they did not lay off any employees.
  • Perhaps, a "job Creation" proposal by a coalition of CEOs to government for tax benefits in return for job creation might get sincere and rapid co-operation.

 

It might be the best Public Relations move for some CEO to unilaterally become the unemployed people's evangelist with the primary passion of creating jobs. Jobs are win-win for all, and they create outstanding teamwork to boost productivity exponentially.

 

At the end it is jobs, jobs, and jobs!

 

 





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Linda Richardson is the Founder and Executive Chairwoman of Richardson, a global sales training and performance improvement company. As a recognized leader in the industry, she has won the coveted Stevie Award for Lifetime Achievement in Sales Excellence and she was identified by Training Industry, Inc. as one of the “Top 20 Most Influential Training Professionals.” Ms. Richardson is credited with the movement to Consultative Selling and is the author of ten books on selling and sales management, including Sales Coaching — Making the Great Leap from Sales Manager to Sales Coach, and Stop Telling, Start Selling. She teaches sales and management at the Wharton Graduate School of the University of Pennsylvania and the Wharton Executive Development Center. Linda is a frequent speaker at industry and client conferences, has been published extensively in industry and training journals, and has been featured in numerous publications, including The Wall Street Journal, Forbes, Nation’s Business, Selling Power, Success, and The Conference Board Magazine. Learn more about Richardson's sales training and performance improvement solutions at http://www.richardson.com web - Visit Linda Richardson's Website

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Are your sales where you want them to be? Will you be one of the few who achieves sales or business success or one of the many who have failed to change? Are you tired of being told you are like everyone else? Then you may find my first book on sales of interest. Be the Red Jacket in the Sea of Gray Suits, The Keys to Unlocking Sales available at Amazon or at http://www.processspecialist.com/red-jacket.htm. This book is a reflection of my no-nonsense approach to improving sales to overall business results. If you are truly committed to making sustainable changes, then I can help you secure a positive return on your investment because I focus on executable solutions not telling you the problems you already know you have. From training to corporate (group) coaching to executive one on one coaching, my approach is to assess, create awareness, build a goal driven action plan and then execute. The bottom line question is "Not do you or your employees know it, but do you or they want to do it?" Please call for a free strategy session at 219.759.5601. - Visit Leanne Hoagland-Smith's Website

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Anne Barr has over 26 years experience in sales and marketing, six years as a franchisee. She has assisted over 367 business owners and purchasers to achieve their goals in career change, transition and exit strategy. She holds the designation of Certified Franchise Executive from the International Franchise Association, Certified Business Intermediary from the International Business Brokers Association and Board Certified Broker from the Texas Association of Business Brokers. Anne is active in professional organizations, networking groups and volunteers for non-profit entities. As owner/operator of four successful businesses, Anne has proven people skills and enjoys helping clients find the right "fit" in business ownership. Visit www.FranchiseOpportunitySpecialist.com for more information about me and my company. - Visit Anne Barr's Website

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