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At N2Growth, we’ve witnessed the transformative power that a Chief Operating Officer brings to an organization. This c-suite executive plays a pivotal role in turning strategic vision into operational reality, ensuring that the business’s daily functions align seamlessly with long-term objectives.
Interim executives have emerged as pivotal assets in steering companies through critical phases of transformation, growth, or crisismanagement. For example, consider a technology company undergoing a digital transformation. Today, organizations face multifaceted challenges that demand agile and decisive leadership.
There is friction between globalization and regional autonomy, a conflict between the desire for sustainability and the lure of rapid development, ongoing political uncertainties, and the ever-increasing impact of digital technology. Yet, the rapid pace of technological evolution also embodies potent challenges.
Moreover, positioning compliance as integral to day-to-day operations creates space for more informed decision-making. This broader perspective means staying abreast of shifting regulations, disruptive technologies, and market trends. When meeting with potential exec hires, N2Growths team looks well beyond professional credentials.
In today’s rapidly changing business environment, characterized by ongoing technological advancements and unpredictable market dynamics, the role of interim executives is undeniably crucial. Another notable trait is exemplary crisismanagement skills.
It is essentially impossible not to and this is particularly true in the ever-changing and evolving technology industry. CEO Profiles CrisisManagementOperations & Strategy Success CEO Onboarding CEO Succession Planning Dell Computers Dell Computers CEO Micahel Dell Offboarding Succession Planning'
What if the board does not have technology expertise? Or if their technology expertise is antiquated? Technology expertise in this case, by the way, does not refer to the CEO or former CEO of a technology company. Rather it indicates a true technologist in the form of a Chief Technology or Chief Information Officer.
Understanding the Duties of a Chief Commercial Officer In the past ten years, the role of the Chief Commercial Officer has evolved to include more than just sales operations. The CCO often serves as a crucial bridge between a company’s day-to-day operations and long-term goals, offering valuable insights that influence its direction.
Interim executives are highly skilled and experienced individuals brought in at short notice to lead organizations during times of crisis, management transitions, or to spearhead major strategic initiatives. They provide rapid and effective leadership solutions during uncertain times and offer guidance to organizations.
Rarely will you come across a static opportunity in the sense that it will stand idle and wait for you to act…Significant opportunities are not only scarce, but they typically operate on the principal of diminishing returns. So much so, that if you don’t think timing is everything - think again.
This is the definition of presence, and it is only when we operate in the present that real creativity, growth and innovation occur. Operating in excess of that threshold will cause increased stress, lack of attention to detail and errant decisioning. Is your rubber-band stretched so tight that it’s about to snap?
These seasoned professionals step into senior roles within an organization on a temporary basis, engaging in strategic decision-making, crisismanagement, turnaround schemes, or filling gaps due to sudden departures or absences of incumbent executives.
Great businesses are in constant search of improvement, innovation, change, disruption, knowledge and other strategic leverage points that lead to a competitive advantage or operational enhancement. Well actually, no it’s not. Don’t fall into the rut of allowing your business to be trapped in a perpetual state of static thinking.
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Posted on October 13th, 2010 by admin in Operations & Strategy By Mike Myatt , Chief Strategy Officer, N2growth How dumb is your business? As odd as it sounds, businesses that are not dependant on smart talent, capital, or technology can scale faster and easier than those businesses burdened with the aforementioned dependencies.
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These companies have placed themselves far behind the technology curve because tenured managers hire employees with obsolete skill sets and together they create mediocre solutions. Walking into these organizations is often like traveling back in time 20 years.
Also, a common response is to confuse a sales engine, fulfillment process, operational process, technology platform, or any number of other areas as business models, where this is not the case. Furthermore, a business plan, strategic plan, marketing plan, capital formation plan, exit plan, etc., are also not business models.
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Closing gaps becomes much easier when you can position differences as non-adversarial and operate within a framework of trust. If so, you likely have issues with conflict. The issue hasn't risen to a level of significance to merit their involvement, in which case you must get them to understand why the conflict merits their involvement.
We are living in a new era of technology and understanding and Pete has his finger on the pulse of how to relate/reach individuals. His leadership is remarkable! Pete is reaching people through not only speaking but through videos, blogs, websites and other social media outlets.
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It takes a blending of approach to craft the right message and this will not happen when operating in a vacuum. When someone asks me about an operational matter in the corridor and I haven’t got the key points mentally articulated, I am all over the place.
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The moral of the story is this…A lack of delegation creates operational bottlenecks, delegation confused with abdication creates organization chaos, and effective delegation of authority vs. tasks creates personal and operational excellence. Share and Enjoy: View Comments bfpower Well said, Mike.
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The harsh reality is that great numbers of leaders continue to operate in a vacuum by sequestering themselves away in the corner office and attempting to lead from afar. So the real question is this…how does a CEO get to the point of being so disconnected from operations that he or she just doesn’t have a clue?
The second trend is technology’s recognition of the first trend. First is the time pressure for our attention. People simply don’t have the time to listen to, or read, unnecessarily long forms of communication. Emails, voicemails, instant messages, text messages, blogs, Tweets, Facebook updates, etc.,
Even solid world class institutions like the University of California Berkeley under the leadership of Chancellor Birgeneau & Provost Breslauer are firing employees, staff, faculty and part-time lecturers through “Operational Excellence (OE) initiative”: last year 600 were fired, this year 300.
They are voracious learners always looking for better methods, different approaches, enhanced efficiencies, better technology and increased velocity. These tenets are discussed at length by Vineet Nayar of HCL Technologies, in his book ‘employees first, customers second’ [link] mikemyatt Hi Kavita: Thanks for your comment.
While AI can enhance decision-making, streamline operations, and drive innovation, it also brings challenges such as ethical concerns, job displacement, and data privacy issues. Investing in Continuous Learning Programs to Stay Current with AI Trends AI technology evolves rapidly, and staying current with its developments is essential.
With the continued rapid development of technology taking the concept of globalization and turning it into hard reality facing businesses of all sizes, it is time for executives and entrepreneurs to examine their current business models from a disruptive perspective.
Posted on July 7th, 2010 by admin in Leadership , Operations & Strategy , Rants By Mike Myatt , Chief Strategy Officer, N2growth I have read some interesting articles and blog posts of late on the subject of CEO term limits, and felt this topic worthy of discussion.
Posted on January 21st, 2011 by admin in Leadership , Miscellaneous , Operations & Strategy By Mike Myatt , Chief Strategy Officer, N2growth Entrepreneur, CEO or Both? Which hat, or hats do you wear? CEO…that title sounds good doesn’t it?
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Gut instincts can only take you so far in life, and anyone who operates outside of a sound decisioning framework will eventually fall prey to an act of oversight, misinformation, misunderstanding, manipulation, impulsivity or some other negative influencing factor. They make bad decisions.
link] ATIG Dear Mike, "I've found that 90% of problems companies have on-line are created by management, not technology" David Segal Why not E-leader ( participative) for better decision making to do the right thing ? We must slow down the technology speed and its consequences. Thanks, Sami impassioned Hi Mike.
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A person could either take several minutes to explain the evolution of technologies, mediums, shift in content paradigms, engagement practices and market dynamics that came together to make the Internet a more valuable and efficient space, or they could just utilize &# social media&# as a descriptive aid to make the connection.
Posted on March 24th, 2010 by admin in Miscellaneous , Operations & Strategy By Mike Myatt , Chief Strategy Officer, N2growth Is the customer really always right? How far should a company go to satisfy their clientele or customer base?
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