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July 2010
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Chief
Executive Boards International Update
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6 Keys to Business Success
Guest Article
 My
friend Frank DeVita, founder and President of DeVita
& Associates, recently addressed a group of business owners and gave
them one of the best checklists of success principles I've heard in a long
time.
As CEBI members well know, the keys to success in a mid-sized business are
a curious mix of contradictions, such as perseverance vs. cutting your losses
or knowing most every job in the place vs. spending your time on only your own
best and highest use.
Frank has written a guest article, expanding upon his
"6
Principles of Business Success" that I think you'll find interesting,
provocative and profitable.
8 Strategies for
Running Your Business by the Book
A lot has been written and taught about how you're
"supposed to" run a business. Most businesses, however, fail to
install the disciplines, systems and processes to run their companies "by
the numbers".
I know of an exception, however -- a company that plans,
forecasts, and knows 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.
Want your business to be more consistent and predictable?
Here are 8
Strategies for Running Your Business by the Book.
Social Media Has its Fans
A recent article about companies blocking social media websites
generated a flurry of reader comments. While many business owners see
social media as "social notworking", several disagree. Here
are some of the comments
in response to that article.... We'll
be comparing experiences and best practices in an All-Member Forum on
"Social Media as a Business-to-Business E-Marketing Tool".at the
CEBI
Fall
Summit
Employees are
Asking
"What Have You Done for Me Lately?"
A recent survey by Right Management, a global player in
recruiting and outplacement, reports that 60% of employees surveyed in 2009
said they intended to leave their jobs when the market got better.
You may disagree about whether the employment market is
getting better or when it will. One thing's for sure, employees remember
the sacrifices they made to help companies survive, and they're wondering when
that score might be squared up.
In a recent CEBI
meeting, a member suggested this might not be a bad time to remind employees
what, in fact, they have been getting and continue to get in total
compensation. Here's
how to do that....
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
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Live to
Fight
Another Day
Business owners have recently weathered one of the
"survival periods" of American business. Continuing uncertainty
in both the political and economic environments suggest, as Yogi once said,
"It ain't over 'till it's over."
In times where survival is paramount, what's important is not
winning or losing, but rather living to fight another day. Here are 3
Lessons for Living to Fight Another Day
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are available here
An Orgy of
Ideas
In his book
Revolutionary Wealth, Alvin Toffler makes several observations.
First, that knowledge is promiscuous. Secondly, that a piece
of knowledge alone is trivia -- its value exponentializes
when combined with other knowledge. And, finally, he confirms that "innovation is a contact sport".
A recent Wall Street Journal Article
asserts,
"The rate of
cultural and economic progress depends on the rate at which
ideas are having sex."
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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
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
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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
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