Naturally LA’s Post

🪙 Able to turn on a dime? Feeling nimble? 🤸 ꩜ Ready to be flexible?   In the spirit of adaptability and seizing opportunities, I wanted to extend an invitation to an educational event that is happening this week.   And I wanted to include the great group of business leaders I met yesterday through Our TEAMS Global's Elevate 2024 conference.   I realize it is short notice, but in today’s fast-paced world, sometimes the most rewarding opportunities often come unexpectedly.   My #Vistage colleagues and I would be delighted if you could join us for The Road To Growth: Accelerating Your Legacy which is happening in just two days on the afternoon of Tuesday, October 1 at William Blairs, downtown Chicago office.   The event will feature:   🗝️ Keynote delivered by Michael Kramer, CPA. During his presentation with Q&A, he will share 4 essential management tools that help maximize the success of your business. The X Factor will help you rethink strategies for growth.   The panel, Accelerating Success: Growth and Exit Strategies for Your Company, will focus on how business value is a complicated interplay of these building blocks:   🟩 Revenue: Predictability, EBITDA, diversification, growth potential 🟦 People: Your management team, succession plans, culture 🟥 Strategy: Service/product offerings, barriers to entry 🟪 Operational and business fundamentals: Marketing, sales, value chain positioning, operations   Come learn from these experts on the panel: Chuck Dushman, MBA Andrew Hansen Maria Faletti Jugin, MS, SPHR Eric Krucke Steven Thayer   You will leave the event with a roadmap that you can immediately start using in your business (or nonprofit). We will conclude the day with networking enjoying the spectacular views from the 46th floor of William Blair’s offices. Oh, and benefit from the great people there.   Join us for a chance to connect, learn, and engage with industry leaders. Registration is still open for leaders running organizations with $1 million in revenue. Due to building security (plus we want to have your seat saved), registration is required. Register at https://lnkd.in/gEyQDZg2   DM me with questions. #BusinessGrowth #BusinessValuation #OurTEAMSGlobal

Our Brisbane CEO Roundtable offers a unique opportunity for reflection, personalised advice, and honest feedback.   Here are a few key benefits to joining: 🌟CEO Roundtable allows Members time and space for reflection and thinking which is crucial for clarity and strategic process.   🌟Your dedicated peer Roundtable is your own personal advisory board that will assist you in resolving your most pressing issues.   🌟Identify your blind spots - when you're running a company, it can be difficult to see what these are. You’ll get honest feedback and tough love.   🌟Leverage a powerful network of like-minded peers and leading subject matter experts. Our informal program is made up of 12 like-minded committed CEOs who, in a safe environment, share new ideas, and best practices and collectively solve pressing business issues. We focus on providing a valuable Member experience free of vendor-sponsored marketing. If you would like to know more about our program and how you can benefit from it, click the link below: https://lnkd.in/eDinmB3B   #CEORoundtable #Brisbane #ExecutiveDevelopment #PeerLearning

“What’s the right way to think about the risks and rewards of selecting a board member as your next CEO? And if you decide to give a director the job, how can you—and the person you choose—maximize your chances of success?” Find out more by reading this great article by my colleagues at ghSMART

Another Rallyday Roundtable Event coming up next Wednesday. This one is timely for September as it's focused on Annual Planning. Details below to RSVP! Keziah Wonstolen is the the Founder and CEO of Vannin Chief Of Staff, she’s been involved in 50+ annual planning processes at companies from Fortune 100 companies to scaling start-ups. In this session, she’ll walk through the steps for annual planning from October to January, who should be a part of planning, and how you can come away with a solid revenue plan, talent plan, and budget. Join to discuss: - Why you need to start in October to gather data and research - Why a COO or Chief of Staff often project manages planning - Building and reconciling top-down and bottom-up plans - Creating excitement and buy-in with an all-hands roll out of your plan - Monitoring progress and reforecasting to respond to changing context UPCOMING EVENT: How to do Annual Planning in 2025 Wednesday, September 11, 2024 3:00 PM ET / 2:00 PM CT / 1:00 PM MT / 12:00 PM PT Register Here: https://lnkd.in/gD8HKJsR

Let me share this example of a service company. We'll call the CEO Jack. Jack was a powerful figure. A charismatic leader and majority shareholder, he dominated boardroom discussions. His pronouncements carried weight, and dissenting voices rarely found a foothold. This dynamic seemed efficient at first. Projects were greenlit swiftly, fueled by Jack's infectious enthusiasm. However, this very strength became a weakness. One particular project, championed by Jack, promised significant returns. Yet, a crucial element was overlooked – a sound marketing strategy. This blind spot, a consequence of stifled boardroom debate, proved disastrous. Without diverse perspectives challenging assumptions, the company embarked on a venture doomed for failure. The final result? A hefty financial loss – a stark reminder of the dangers of unchecked CEO dominance. Why Board Chairs Matter A strong board chair is the antidote to this scenario. They act as facilitators, ensuring a healthy board culture where all voices are heard and valued. Here's how effective chairs steer the conversation: Early Distribution of Board Papers: Giving directors ample time to analyse information and formulate questions ensuring thoughtful discussion. Encouraging Open Discussion: A skilled chair guides conversations, creating a safe space for all directors to contribute, regardless of their stake in the company. Harnessing Diverse Perspectives: A well-rounded board benefits from a variety of experiences and viewpoints. These diverse voices can expose blind spots and uncover potential pitfalls before they become costly mistakes. Jack's story highlights the critical role of the board chair. They are the guardians of good governance, ensuring CEOs don't become echo chambers in their own boardrooms. By having open discussion, critical thinking, and a culture of accountability, chairs empower boards to make informed decisions that lead to company excellence. If you would like to experience the now popular I.M.P.A.C.T. model for your board success, DM me and we can have a chat. Have you come across any similar experience? Share your thoughts in the comments below. #corpgov #leadership #businessgrowth

There are three questions CEOs should ask each member of their board: 1) What does success look like for you in the coming year? (Understand their personal motivation to be at the board table) 2) What are your expectations of your fellow board members? (Understand better how each member is perceiving the work of the board) 3) What must the organization accomplish in the coming year? (Listen for strategies or projects that are not in the annual or strategic plan) Don't know the answer to these questions? Talk to your board members - summer is a great time to connect.

“Last time we spoke, just before I headed into a crucial business customer meeting, my mind was like steel—and you were the one who tempered it.” - Stuart D., Doctor D's Sparkling Probiotic Stuart opened our call last week with this statement, and it really stood out to me. In our first session, he went into a critical meeting with a clear, focused mind and achieved the results he wanted. That success led him to call me again for last week’s high-pressure conversation. In this particular client relationship, I earned the trust of Stuart through his business partner after years of working together. He's brought me into last-minute, high-stakes meetings when his business was on the line. These sessions are powerful and impactful, and the results are positive even when different than we expected. The founder CEOs I work with are making critical decisions for their companies, and they’re deliberate about who they trust to partner with them—and rightly so. They choose me not only because I get to the heart of the matter quickly and provide clarity in chaotic moments, but also because I create a safe space for real vulnerability and systemic change in their companies. I’ve worked with over 500 founders to balance strategic insights with emotional intelligence, which helps them navigate both their business and personal leadership challenges with confidence. It’s an honor to help founder CEOs and their teams reconnect with who they are at their core, rather than being defined by the challenges they face.

Let’s talk about Roundtables 👥 Are you a local business owner looking to connect, learn, and grow like Bremo Pharmacy? Our Roundtables offer a unique opportunity for Richmond's business leaders to come together and discuss the challenges and opportunities we all face in a unique, small group setting. 🌟 Open & Confidential Discussions: Explore topics that align with today’s local business climate. 🌟 Learn & Share Best Practices: Exchange valuable insights with fellow business owners. 🌟 Build Relationships: Forge meaningful connections with your peers. 🌟 Hyper-Focus on Key Issues: Take the time to concentrate on a single, important business issue. Learn more about current Roundtable opportunities 👉 https://lnkd.in/eEHTsZuU #rva #rvabusiness #rvanetworking #rvaentrepreneurs

Mark your calendars! Join us virtually for Denison Consulting's Annual Global Forum on October 16-17, 2024. This year's theme is "Business Success: Culture as a Key Performance Engine." For 25 years, Denison has partnered with 8,000 clients and engaged 5 million survey participants to create high-performing cultures that achieve remarkable business results. Don't miss this opportunity to learn from industry leaders and transform your business with actionable insights. Stay tuned for more details and follow us on LinkedIn for updates! #DenisonForum #BusinessSuccess #PerformanceCulture #ClientForum Joe Eazor Gerard Brossard Patty Freeman Katrina Klier Daniel Denison Barbara Spitzer, Nellie Reina Stansbury

Inc comments on how companies can cultivate a fantastic board of directors that will be successful in the modern world. One trend I appreciate is the focus on having a board with much business experience. Their expertise provides valuable insights into strategic decision-making, helping to navigate complex market dynamics and identify growth opportunities. Their network can also open doors to potential partnerships, clients, and investors, enhancing the organization's reach and influence. Check out the article here: https://lnkd.in/gceNm3NE #BoardMembers #Trends