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When the Founder Is the Rainmaker: How to Scale Without Losing the Spark
In many founder-led businesses, the founder isn’t just the leader—they’re also the best (and often only) rainmaker. They land the big deals. They have the trusted relationships. They know the pitch inside and out because they are the pitch.
It works—until it doesn’t.
As the business grows, this model creates a bottleneck. Every new opportunity depends on one and only person. And it’s the same person every time. But there’s a downside. When that person is also responsible for running the business, mentoring the team, and shaping the vision, something eventually gives.
CEO Shares the Benefits of Participating in a Peer Advisory Group
Mon, Apr 24, 2017 — CEO Experiences Growth from Being a Member of Vistage Chief Outsiders Fractional CMO, Neil Anderson, has a conversation with Vistage Member and CEO of TalenTrust, Kathleen Quinn Votaw, about her experience with Vistage, an executive coaching organization that provides leadership training and business coaching to CEOs and Executives.
CEOs seek Digital CMOs to Lead Growth
Thu, Apr 20, 2017 — Don’t have a digital savvy CMO? You’re likely losing the digital game. A CMO’s job description is no longer just about brand awareness and big positioning, but more about driving revenue, now and in the long term. In fact, 70% of CEOs expect CMOs to lead revenue growth. CMOs are expected to do more because of the digital tools that allow them to do more. New digital marketing tools better connect companies with their customers in ways they couldn’t before. It’s a constantly evolving process, and the key to growth is to get into this game sooner versus later, so you can win.
Five Steps to Ensuring Strategic Planning Success
Mon, Apr 10, 2017 — Strategic planning – two words that need not strike fear in the hearts of corporate executives. After all, if you think about it, we’ve all been strategic planners since childhood – setting our objectives, then figuring out the best way to make them happen. Like the time you figured out that if you wanted Santa Claus to come, you HAD better go to bed first. And when you were older and setting your sites on a special college. You did your research to understand what they were looking for, you took the right classes and participated in the best extra-curricular activities--all in an effort to present yourself as the type of student they would consider. Of course, now that you are a CEO, the stakes around strategic planning are maybe just a tad bigger. In the bid to get our highest-quality products or services to the market, it will be the strategic planning process – scaled appropriately, of course – that will get us there. Understanding which combination of markets, pricing, offerings for each market segment, distribution channels, communication channels and the like is integral to cracking the ROI code. And with so many options to power today’s strategic plan, it’s hard to fully understand which to do first, and which to leave by the wayside.
A Conversation with Robert Cialdini, Author of "Pre-Suasion, A Revolutionary Way To Influence And Persuade"
Tue, Apr 4, 2017 — At our recent National Meeting, Chief Outsiders hosted a dynamic Skype conversation with Dr. Robert Cialdini on his latest book Pre-Suasion, A Revolutionary Way To Influence And Persuade. The discussion not only further clarified not only Cialdini’s Pre-Suasion principles, but also provided insight into their applications to our clients’ and our specific business as well.
Managing the Uncertainty in New Markets
Mon, Apr 3, 2017 — In my last post I addressed the challenges companies face when considering entering new markets. I called these the “white spaces”. The challenge is assessing the value in entering those markets without consuming excessive resources. It’s about exploiting opportunities, but not over-spending and taking on too much risk at the start.
Business Strategy, Digital Strategy, and "The Road Not Taken" by Robert Frost
Thu, Mar 16, 2017 — Many of you probably read Robert Frost’s “The Road Not Taken” somewhere in your educational career. It’s a short poem of four stanzas and 20 lines total. For a poem so brief, it’s surprising that Frost’s famous work is so powerful yet often misinterpreted. If you can’t recall the poem, or want to read one commentary, you can do a refresh here.
Is Instant Messaging the New B2B?
Wed, Mar 15, 2017 — Do you talk to your customers every day? As frequently as you instant-message your friends? I was talking with a CEO recently, and I asked him how good his company’s communication is with his customers. He said it was great, and always had been great. The customer places an order, they ship the order, and then they send an invoice. Job completed. Everything works. Reliable, and on time.
Optimizing the Marketing Organization
Tue, Mar 14, 2017 — Hiring, outsourcing and leadership considerations In my previous post, we explored the question, “What should my marketing organizational roadmap look like?” In this installment, I’d like to discuss three additional questions that often surface as CEOs build their marketing organizations.
3 KPIs to get your Content Marketing Under Control
Sun, Mar 12, 2017 — Is your Marketing Team able to provide you a good view of how your Content Marketing efforts are performing? Are they able to explain to you what the ROI is of the blog articles they are writing? Can they show you the impact of the interviews with you and other members of the Executive team to develop Thought Leadership content? Unfortunately, these questions are not often answered in the affirmative. Looking at your Marketing Dashboards, “Random Acts of Marketing” are often visible as "Random Acts of Content". Although the abundance of data available to your marketing team is unprecedented, it’s also a sad fact that most content marketing is still of the “spray and pray” variety.