December 2008   

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Chief Executive Boards International Update

Upcoming Events

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

Spring Summit
Fall Summit

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
Nov. 19-20, 2009

* LB = Local Board Meeting

Click Here for all 
2009 Local Board Dates

What I Learned at the 
Fall Summit

Member Tim Gase, like most CEBI members, takes things he learns in both Local Boards and Summits right back to the office and puts them to work. 

And as an author, he's also very disciplined about making notes of all those things -- it's easy to forget over the two days of a Summit all the good ideas you heard and thought about.

Tim's also been most gracious in sharing his notes with us and allowing us to publish them.  See: 
 
"What I Learned at the Fall Summit"

Members Say..

I wish I had been involved in Chief Executive Boards long ago. I find it to be invaluable. "

Vonne Linse
Regal Technology Corporation 

"It's a small amount of time to invest in your personal future. If you're not spending a day a quarter on your future, you're probably not running your business -- it's running you."

Harry Loyle
Moto Franchise Corp.

Recent Blog Articles

Thar's Cash in That Thar Balance Sheet

Ask Employees for Help in Short-Term Cost Reductions

Even Raving Fans Ask: "What Have You Done for Me Lately?"

Which Employee Goes in a Business Downturn?

Sales Happen -- or Do They?

8 Simple Internal Controls for Small Businesses

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?

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Thanks for a Great Year in 2008 

Thanks to all of our members for your great support and participation in 2008.  As you know, CEBI is a 2-way street.  We bring the meeting, and CEBI members bring the content.  

And it's great content.  Current, insightful, thought-provoking and sometimes a bit tough.  Just this week a member said "You know, as the Board started asking me questions about my situation, it became obvious what I had to do."  And in his case, what he had to do wasn't going to be easy.  

The result is apparent -- CEBI membership is growing, new members are contributing new ideas and perspectives in both Local Board meetings and Summits.  And existing members become wiser every year.  


4 Steps for Personal Planning in 2009

Running CEBI may well be the best job in the world.  For me, anyway.  I get multiple good ideas from members in every meeting, and this week was no exception.  I heard a Japanese Proverb I've never heard before:  

“Vision without action is a daydream. 
                    Action without vision is a nightmare."
  

Wow, what a profound idea!  As we contemplate 2009, it's sure to be a year to remember, and we'll need to be mindful of where we're going to avoid being distracted by potentially historic events of the day.  

Here are some ideas on how to use this proverb in your personal planning process for 2009...  


Is Hiring & Training Sales People a Do-it-Yourself Project?

CEBI members are coming more and more to realize the value of perspective from outside their businesses.  Not only from CEBI meetings, but from experts in their specific areas of need.  

Hiring, training, managing and retaining sales people is a topic that makes someone's list in almost every meeting.  If you're really good at this, you're the envy of most CEBI members.  

If you're not, perhaps you'll need to buy that know-how from outside.  In a recent Local Board meeting, one member said he had decided this wasn't a Do-it-Yourself project, and decided to hire some help.  

He's been both surprised and satisfied with the results so far.  More....


New Hire Assessments -- Can They be Wrong? 

If you clicked through to the article above on hiring and training sales people, you heard another member's experience with using assessments to align people's skills and talents with their job assignments.  This is a variation on a central theme in Jim Collins' book Good to Great.  Assessments are one more tool that helps get the right people on the bus, and in the right seats.  

Recently a member said he'd had a new hire behave on the job completely differently than what he would have expected, based on an assessment he took during the hiring process.  And he's recently figured out what might have happened.  

Curious?  Here's the story...   


There's Never Been a Better Time
to "Go Wide"

This newsletter is taking on a "Sales" theme that's probably right for the times.  Refocusing and stepping up sales efforts rates highly on many CEBI members' list of strategies for not only coping with, but also exploiting the current business environment.  

Lots of competitors will be out there looking to pick your pocket -- attempting to unseat your position as an incumbent supplier of your existing customers.  

And, unfortunately, some of your customers may assist them through their cost-cutting measures.  If a staff reduction eliminates your key contact at a major customer, you may be in great jeopardy.  

Even if that's not the case, you may be missing huge opportunities with those same customers if you have a limited point of contact.  

At the Fall Summit, member Scott McMillian gave this advice in his Executive Briefing:  "Go Wide".  

Here's how.....


All of us at CEBI wish you and your families the best of the holiday season and a happy, healthy and prosperous New Year. 

Thanks,  
  

Terry Weaver
CEO
Chief Executive Boards International
TerryWeaver@ChiefExecutiveBoards.com
864 527-5917
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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