October 2008   

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Chief Executive Boards International Update

Upcoming Events

Fall Summit Nov. 13-14, 2008
Indianapolis LB*
Dayton LB
Cincinnati LB
Houston LB

Greenville LB
Tampa LB
Cleveland LB
Columbus LB
Houston LB
Detroit LB
Dayton LB
Indianapolis LB
Chicago LB
Cincinnati LB

Spring Summit

Dec. 3, 2008
Dec. 9, 2008
Dec. 10, 2008
Dec. 11, 2008

Jan. 23, 2009
Jan. 27, 2009
Jan. 28, 2009
Jan. 29, 2009
Feb. 4, 2009
Feb. 10, 2009
Feb. 11, 2009
Feb. 11, 2009
Feb. 12, 2009
Feb. 12, 2009

Apr. 23-24, 2009

* LB = Local Board Meeting

Click Here for 
2009 Local Board Dates

Our Members Say...

"I have found this type of mastermind group to be THE most valuable thing that I have done to help me grow not only as a business owner but as a father and husband. I would recommend a group like this to anybody who wants to move forward in business."

Jeff Bannister
Serve-One, Inc.

"I have found the experience and resources offered by the other members in CEBI to be richly rewarding for me."

David Dorn
Red Oak Medical


Need a Reason
to Join CEBI?

The quotes above are member comments on an interesting article about "Mastermind Groups", another name for what we do at CEBI.  It makes a compelling case for the value of ideas and perspectives from peers outside your own company.  

While the article suggests that one could create his own Mastermind Group, most people realize that membership in a national organization such as CEBI is an easier, broader and cheaper alternative, when considering the time it would take to build and maintain your own equivalent of our Local and National Boards.

Click Here for the full article

Recent Blog Articles

Section 179 Depreciation Limits Reduced in 2009

3 Ways to be Sure Your Company's Salaries are Competitive

Can You Name Your 10 Best Customers?

Anything Worth Doing is Worth Doing Wrong

Are the People You (Still) Have the People You (Still) Need?

Is Your Elevator Speech in Your Customer's Language?

Is it Me, or is it the World?

You Can Observe a Lot Just by Watching

Cost is Cost, Right?

Nominate a Member

Do you have an acquaintance who could benefit from membership in Chief Executive Boards International?   If you need an email or some "talking points" to share with a friend Click here.
Get a 6 month or 1 year discount on dues by nominating him or her for membership.  
Click here for a Nomination Form

REMEDI Electronic Commerce Group
Named to Inc. 5000 Fastest Growing

REMEDI Electronic Commerce Group, owned by CEBI members Brad Loetz (Columbus Board) and Scott Hulme (Cincinnati Board) has been listed by Inc. Magazine in its annual ranking of the 
5000 Fastest Growing Private Companies in America.  

REMEDI specializes exclusively in the development, integration, and implementation of business-to-business Electronic Data Interchange ( EDI ) solutions.  In its 15th year in business, REMEDI is one of the original EDI-specific consulting and placement firms,  and is among the very few who maintain the “only EDI” focus.  The firm’s niche focus allows it to be the best among the EDI domain of knowledge.   

Congratulations to Brad, Scott and the REMEDI team for this prestigious recognition.   Link to Press Release


Fed Economist to Speak at Fall Summit

Our Thursday evening speaker at the Fall Summit will be economist John Weinberg Ph.D., Senior Vice President and Director of Research for the Federal Reserve Bank of Richmond. 

The author of numerous papers on economics and the effects of economic policy on business, John will be presenting his outlook for the US economy and US business, a week after the November elections.  His remarks should be most interesting, informative and provocative.  

If you haven't registered for the Fall Summit, November 13-14 Click Here to do so.  Remember, you need to both reserve a hotel room (act now -- rooms are limited) and register with CEBI for the Summit.  


3 Ways to be Sure 
Your Company's Salaries are Competitive

CEBI members realize that competitive salaries are one of the essentials in retaining employees.  But how can you determine what competitive wages are for different jobs in your local market?  

A number of salary comparison websites have sprung up, each with a slightly different twist.  They range from no-cost, self-reporting sites, where employees post their own salaries and compare them to the market to salary survey sites whose business models include a moderate charge for the information you need.  

Click Here for details and links


Anything Worth Doing is Worth Doing Wrong 

I had a conversation on an airplane last year with a sales manager who had just taken over a new sales force. One of the things he said about that group was "I've had to teach them that anything worth doing is worth doing wrong". What a fascinating idea, and an interesting way to communicate it. I asked him what he meant by that, and he said: "I'm trying to help them understand that there's more honor in trying something and screwing it up than in not trying anything at all."

Since that conversation, I've become more conscious of how few organizations encourage, or even allow mistakes.  Founding business owners seem to have the toughest time standing aside and letting their key managers or employees take initiative and make mistakes.  This promotes the "answer man" syndrome -- employees coming to you with problems they should be handling on their own.   And it's also an inherent limitation to growth.  

Click Here for the full article

Click Here for a related article -- Want Your Employees to be Independent Thinkers? 


We're interested in your ideas for newsletter articles.  Would you perhaps write a guest Editorial?  Please let us know if you have ideas or material you'd be willing to share with others.  

Thanks,  
  

Terry Weaver
CEO
Chief Executive Boards International
TerryWeaver@ChiefExecutiveBoards.com
www.chiefexecutiveboards.com
www.chiefexecutiveblog.com

Chief Executive Boards International is an exclusive group of business owners, presidents and CEOs whose members are committed to helping each other achieve both their business goals and their life goals.  We meet regularly as a confidential, collaborative advisory board to help each other become more focused, effective and strategic.  The result?  More fulfillment.  More free time.  More profit. 

Are you a CEO, President, Business Owner or GM of a profit center?   You may qualify as a CEBI member.  
Click Here for more information.  

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