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Here’s a question for all the CEOs out there: Does your COO have CFO skills? Do they need to? The short answer is absolutely YES. Many small and midsize (SMB) companies choose one or the other and then combine the roles. In some cases, the CEO is...
CEOs: Who on your team is your “ride or die”? Is it your COO? There’s a lot to consider here. If you don’t feel like you have one, that could be a problem. Not necessarily in ALL cases, but I want to propose something… A one-sided relationship...
Companies on an upward trajectory undoubtedly face growing pains. It would be unsettling if they didn’t! You know, that “too good to be true” scenario never ends well. Within a growing company, there definitely comes a time when CEOs and their teams need to think about...
CEOs: Aside from all the day-to-day duties you encounter, what is the biggest barrier you face? I hope it’s not battling with your COO! In business, CEOs and COOs have distinct responsibilities. An oversimplified explanation I’ve seen again and again is, “CEOs are in charge of where...
CEOs and business owners: If you had to identify the most debilitating challenge in your business environment, what would it be? There are many to choose from! In meeting with business leaders, I’ve found some similarities in their answers as well as differences. Sometimes, this depends...
In business, no two companies have the same exact goals. Sure, overarching objectives like “revenue” or “acquisition/retention” exist. But, there are unique, underlying objectives that define what success means to a CEO. That means, not every COO can fit the bill for a company’s needs. I’ve...
It’s not uncommon for a COO to come in and serve as a “crisis management” expert. The truth is, they can be so much more than that....
CEOs: If you’re not achieving your idea of “success,” what’s stopping you? This is a loaded question, because a lot of CEOs—more than you’d think—haven’t actually defined what success means to THEM. Not their competition, not their staff, not even others who have a stake in...
How can you actually make progress towards your objectives if you don’t have a firm grasp on the end goal? The simple answer is, you can’t....
To some, the term development is scary because it’s associated with government spending. Although development efforts do require money, their result should be a positive gain in tax revenue from smarter, better-equipped residents who are creating and filling valuable jobs and business. This is the third article in...