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  January 2012   

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Chief Executive Boards International Update

What Have You Done for Me Lately?

Most business owners are troubled by the fact that their employees take their benefits for granted.  While these costs are on the rise, employees tend to ignore the non-salary compensation costs.  

One CEBI company has a strategy for reminding employees of all the non-wage benefits they're providing.  Here's a "how to" article, complete with a format for communicating with employees the total benefit package that comes with their job.  


Hard Work Stopped Paying Off
-- or Did it Ever?  

President Obama recently said, "Long before the recession hit, hard work stopped paying off for too many people." That statement applies to business owners, as well, although not in the context the President intended. Fact is, hard work alone never "paid off" - for anyone.

Are you counting on hard work as your wealth-building strategy?  Just how much harder can you work?  Are you "too busy" to look for better ideas than working harder?

A Chief Executive Boards International member once said, "The real measure of the value of your business is how much time you can spend away from it."

If "working harder" is your strategy for growing your business, you'll want to read on.....


Assistants -- The Pendulum is Swinging (Again)

Have you downsized most of your administrative staff?  Many companies have offloaded clerical/admin duties to their professional staff, who have the full suite of Office Automation and E-Communications tools at their disposal.  

Is that the highest and best use of your most highly-paid employees' time?  Several CEBI companies don't think so, and have begun adding administrative staff to support their scarce and expensive professional resources.  

What would you rather have your top sales person doing with a spare hour?  Entering an order?  Answering a customer question about a shipment?  Perhaps getting in front of another prospect?  

Think about it....


Drama Not Included

Here's a different idea for improving your business -- Drama Eradication.  

I recently had two completely different customer experiences -- one with Southwest Airlines, almost "drama free".  Just a calm, orderly process of 150 people boarding an airplane virtually stress free.   

The second was a drama-rich experience in the local Pak Mail store, with a couple of employees who probably raised the collective blood pressure of the few customers in the store by 150 points.  

Here's an article on how to identify and eradicate drama in your company....


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

Leadership Mindset Workshop Jan. 18-20, 2012
Charlotte  LB Feb. 17, 2012
Detroit LB Feb. 22, 2012
Chicago LB Feb. 23, 2012
Chicago Lakefront LB Feb. 24, 2012
Dayton LB Feb. 28, 2012
Cincinnati LB Feb. 29, 2012
Houston LB Mar. 2, 2012
Tampa/Orlando  LB Mar. 6, 2012
Cleveland LB Mar. 7, 2012
Columbus LB Mar. 8, 2012
Columbus II LB Mar. 9, 2012
Greenville LB  Mar.13, 2012
Spring Summit Apr. 26-27, 2012

* LB = Local Board Meeting


Listing of all 
2011-12 Local Board Dates


In Case You 
Missed it 

There are marginal employees, weak employees and problem employees. Then there are toxic employees.  You have no idea how much these people are costing you, and they could cost you your company.  

What's the difference between a lousy employee and a toxic employee?


Are You an LLC?
Want to Save Some FICA? 

More and more LLCs are discovering the advantages of electing a different tax structure while retaining their registration as an LLC under state law.  

You could be saving a substantial portion of your LLC profit in reduced FICA and Medicare taxes.  

Time is of the essence in this decision, which must be filed within the first two months and fifteen days of the beginning of the tax year in which the election is to take effect.  That would be March 15th for this year.   .


Nominate a Member

CEBI members are continuing to nominate business associates as new members.  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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Archives are available here

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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