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August 2010
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Chief
Executive Boards International Update
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It's Time to Register for the
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
Recalibrate Your Year-End
Tax Strategy
It's about time to think about ways to defer income and accelerate expenses to
reduce your tax bill for 2010, right? Maybe not.
 2010
has been an upside-down year in multiple respects, including tax
strategy. The business owner's conventional wisdom of deferring taxable
income into future years may not be wise at all this year.
That idea, ingrained for most of us, may be exactly the wrong thing
to do in 2010 and perhaps 2011. The game has changed, and those
who play it the old way may be the losers.
5 Ways to Incentivize
Better Employee Health
Have you ever wished you could penalize employees whose
unhealthy lifestyle choices are costing you a fortune in health care
premiums? Or perhaps incentivize employees to lose some weight, start an
exercise program or quit smoking?
Well, you can. More and more large companies are adding
cost penalties, incentive discounts or both to the employee's share of health insurance
premiums. Here's how:
5
Ways to Incentivize Better Employee Health
Business Owners Are
Finding
Non-Traditional Sources of Capital
Markets have a strange way of working. Your business needs capital, and
your bank doesn't want to lend it. Other businesses have cash on hand and
their banks don't want to pay them meaningful interest on it.
Turns out, these two groups have found each other, and we're seeing an
increasing trend toward businesses loaning money to each other. In a
perverse way, we've reverted to 18th century forms of
capitalization.
Another
example of business-to-business lending...
Doing the Best
Thing for your Business?
Or the Easy Thing?
In a recent Local Board meeting, we had a good discussion on choices business
owners make and the emotions that drive those choices.
In a
surprising number of cases, people turn to doing the easy thing (or the
familiar thing), rather than the thing that really might be a
game-changer.
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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Upcoming Events
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Fall
Summit
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Oct. 28-29, 2010
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Tampa LB*
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Nov.
30, 2010
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Cleveland LB
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Dec.
1, 2010
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Columbus LB
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Dec.
2, 2010
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Columbus II LB
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Dec.
3, 2010
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Dayton LB
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Dec.
7, 2010
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Cincinnati LB
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Dec.
8, 2010
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Northern KY LB
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Dec.
9, 2010
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Greenville LB
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Dec.
9, 2010
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Detroit LB
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Dec.
14, 2010
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Houston LB
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Dec.
15, 2010
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Chicago LB
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Dec.
16, 2010
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Chicago North LB
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Dec.
17, 2010
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Spring
Summit
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Apr.
28-29, 2011
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* LB =
Local Board Meeting |
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Listing
of all
2010 Local Board Dates
Nominate a Member
Several CEBI
members responded to a recent reminder for new member
nominations. Would you do someone else the favor of
introducing them to CEBI?
Just use this Nomination
Form, and we'll contact you to decide the best
way to approach your nominee.
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Miss a CEBI
Newsletter?
Archives
are available here
More Mileage
from Your Email Signature
The
idea of using your email signature (and everyone else's
throughout the company) as a marketing tool was highlighted in
a recent article.
This month's email
signature tip is to make it really easy for recipients to capture your contact
information. Upload your own Outlook V-Card to your website, then put a
"Download
My V-Card"
link into your email signature. Try this link and you'll see how it
works.
6
Principles of Business Success
 Last
month's guest article by Frank DeVita was one of the most
widely-read newsletter items in a long time. We got
numerous comments on it, as well. In case you
missed it, have a look.
7
Ways Lousy Financials Can Kill Your Business
I maintain my
conviction that the #1 cause of business failure over the past
2 years was poor-quality and misunderstood financials.
Many business owners use their financial statements only to
determine how much to pay in taxes.
If you don't
consider yourself an expert in reading your financial
statements and don't have a CFO, have a look at 7
Ways Lousy Financials Can Kill Your Business....
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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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