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  June 2010   

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Chief Executive Boards International Update

Social Media Update

Last month's article about companies blocking social media websites generated a flurry of reader comments.  LinkedIn was the most pervasive thread in those comments, and a general consensus is emerging that your LinkedIn presence is becoming the new "credibility" litmus test being applied to owners and executives.   

We've watched the evolution of a URL and website as a credibility measure -- if you don't have a website and "company" email (yourname@yourcompany.com) identity, you're pretty much written off as not to be taken seriously in 2010.  

Now it's LinkedIn -- if you don't have a LinkedIn profile reasonably well populated (education, career resume, etc.) you're liable in today's world to bring your professional credibility into question.  

So, hit LinkedIn, log in and have a look to be sure your profile is what you want it to be and up to date.  If you're not already there, set up an account and populate it with your contact and career information.  And do register for the Fall Summit, where we're planning an All-Member Forum to compare our experiences, successes and disappointments with social media as business-to-business marketing tools.   


Employee Turnover on the Rise 

This article is a "wake up call" for business owners.   If you haven't done anything meaningful (in the pay envelope) to recognize those who believe they helped pull your company through the recession, it's time to think about it.  Employees who were sticking with you just because they didn't see an option may be changing their minds.  

A recent Wall Street Journal online article reports:

"In February, the number of employees voluntarily quitting surpassed the number being fired or discharged for the first time since October 2008, according to the Bureau of Labor Statistics"

If you put your employee hat on, would you still feel like you're in the hole income-wise?  It may be time for you to shell out -- either some raises or some "we made it" bonuses.  The same article states:  

"In a poll conducted by human-resources consultant Right Management at the end of 2009, 60% of workers said they intended to leave their jobs when the market got better."


Start Your E-Marketing Database Now

You may have not yet decided you need E-Marketing as a way to regularly remind your prospects and customers of your company, your brand and your products.  It wouldn't be a bad idea, though to start actively collecting Email addresses from prospects and customers.  

I got an E-marketing message recently from a vendor who must have gotten my email during our last transaction -- at least 4 years ago.  They had apparently realized they would someday want a database of customer email addresses, and began collecting them years before.

The other way around doesn't work so well -- to decide you need an E-marketing strategy and then realize you're at a standing start as far as who you're going to send it to.  

More on an inexpensive, low-effort way to start building your E-Marketing database....


A Marketing Message in Every Email

How many emails do you send in a day?   In addition to the intended message or outcome of the email itself, why not send a marketing message as well?

This is an idea I heard in a CEBI Local Board meeting 6 months ago.  It sounded good enough and was simple enough to implement that I had it in place inside two weeks.  

How did I do it?   Well, I took an ordinary text footer (name, address, phone, etc.) and added two graphic elements.  One was our tagline, "We Share Ideas" -- the same footer as our newsletters and web pages.  Nice, but maybe not compelling.  

The other addition was a "Play Video" graphic with a hyperlink to a CEBI promotional video.   That worked far beyond my expectations.  It's generated comments, referrals, prospects and new CEBI members.  

I'd estimate my economic benefit from that single idea will be worth about 3 years of dues, had I been paying dues as a CEBI member to attend.  

Want help with this?  Click Here

Read on for more reasons and ways to make everyone's emails sell for you...


Plan Now for CEBI Fall Summit 

The CEBI Fall Summit returns to The Blackwell in Columbus, OH, a favorite venue of CEBI members.  Be sure and block your calendar for October 28-29, 2010 (arrive on 27th).  Hotel rooms at The Blackwell are limited -- reserve now to avoid staying offsite.  Register Now


And, as always, 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
864 527-5917
www.chiefexecutiveboards.com

www.chiefexecutiveblog.com

 

Upcoming Events

Tampa LB June 22, 2010
Cleveland LB June 23, 2010
Columbus LB June 24, 2010
Houston LB Aug. 4, 2010
Greenville LB  Aug. 5, 2010
Detroit LB Aug. 10, 2010
Chicago LB Aug. 12, 2010
Chicago North LB Aug. 13, 2010
Dayton LB Aug. 17, 2010
Cincinnati LB Aug. 18, 2010
Northern KY LB Aug. 19, 2010
Tampa LB Aug. 24, 2010
Cleveland LB Aug. 25, 2010
Columbus LB Aug. 26, 2010
Columbus2 LB Aug. 27, 2010
Fall Summit Oct. 28-29, 2010

* LB = Local Board Meeting

Listing of all 
2010 Local Board Dates


Nominate a Member

Do someone else a favor by introducing them to CEBI.  

If you need an email to share with a friend, try these "talking points"  

Use this Nomination Form


8-Step Program to Business Success 

I was really impressed recently by two partners who have learned to run their business "by the numbers".  They plan, they forecast, and they know where they're going at all times.  

They're the exception among small businesses, in my experience.  As a result, they know their income, their cash flow, their manpower requirements and their profitability months in advance.  

Is your company operating in control, or is every month more exciting than the one before?   Here's an 8-Step Program to managing your business for predictability and performance.     


Outliers - The Story of Success 

Best-selling author Malcolm Gladwell has studied the success of "outliers" -- those people on the tail of the distribution of successful careers.  

He found that their success was far less accidental than you might imagine.  In fact, the formula for success is both timing and preparation.  

Do you know the 10,000 hour rule?  Here's a CEBI Video Book Review.....


Medjet Assist

You're on a trip.  You're sick or hurt and in the hospital.  How do you get home? 

 
Many CEBI members count on Medjet Assist


Thinking About a Partner?
Have One?

Chapter 4 of one of my favorite business books, Fire Someone Today, is titled, "There Can be Only One -- Plan for Your Partner's Departure.  

Ever wonder why partnerships have such a poor track record?  Have a look at the 2 biggest reasons partners separate.... 


Wish Your Customers Were Raving Fans?

Most organizations focus their Customer Satisfaction time and metrics on the outcome of a transaction or project. 

Outcome is important.  There's something else, though, that's just as important, and is also the second critical ingredient in moving customers from "satisfied" to "raving fans".  


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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.  Members meet regularly 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.       Request more information

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