As the U.S. economy continues to forge ahead, many companies are focusing on their growth opportunities in the New Year. That might mean acquiring a competitor, launching a new product line, opening new offices or obtaining a substantially larger line of credit. For many businesses, greater prosperity may be right around the corner. But the senior leadership team (SLT) also needs to make risk management a priority for 2015. The […]
by Judy Stubbs, Vice President As published in Direct Selling News November issue When it comes to the U.S. working population, all age groups are not created equal. There are significant differences in the fundamental values and predominant work styles of different generations. That raises a wide range of talent-related issues for organizations, including how to attract, develop and retain executives at different stages of their careers. However, there […]
Sean Donohue, Chief Executive Officer, DFW International Airport Dallas/Fort Worth International Airport is a $31 billion annual economic engine for the DFW region, accounting for nearly 10 percent of the North Texas GDP while employing 150,000 people on a $9 billion payroll. The third-busiest and highest-capacity airport in the world, DFW International Airport hosted 63 million travelers last year. For our Q3 2014 Spotlight SeriesSM breakfast, we invited Sean Donohue, […]
In most organizations, teamwork provides the foundation for getting things done. A strong team can multiply individual strengths and talents, creating a powerful force for moving a company forward. Of course, the opposite is also true: A poorly led team can waste time without achieving anything positive. Team-building is both an art and a science. Here are seven tips to ensure success: Strive for diversity. Having a wider range of […]
When bad things happen to good companies, it’s important to understand what went wrong. After all, every organization, like every individual, makes mistakes from time to time. Unless the error is so horrendous that it forces a business to close its doors, the best thing the senior leadership team can do is to conduct a post mortem to understand why the mistake occurred. Then, changes can be made to reduce […]
As a member of the senior leadership team, you can expect to be put in charge of a special project related to your field of expertise, such as finance, technology, marketing and production. If it’s been a while since you’ve handled a major project for your organization, here are some of the skills you will need to bring the initiative to a successful conclusion. Define the task. Before you begin […]
If you’re satisfied with your brand’s position in the marketplace, beware of becoming too complacent. You may not be paying enough attention to the competition or the changes within your customer market.
While many senior executives look within their industries for advancement opportunities, it’s a good practice to step back for a moment and look at the bigger picture: Are you in the right industry where your skills and aspirations are the best fit? Do you want to keep working in retail, oil and gas or consumer goods for the rest of your career? Or would you be better off moving into […]
Successful executives have learned to tackle the biggest issue early in the day, and deal with lesser priorities as time permits. That approach also works well for the senior leadership team (SLT) in looking at the problems and opportunities facing the organization. However, it’s not always easy for the SLT to distinguish between immediate and the long-term needs. In the rush of daily activity, it’s easy for those longer-term priorities […]
Balancing personal goals and family life with the 24/7 demands of the workplace is a challenge for the CEO or any senior executive. Shareholders, key customers, other executives and the media are among the long line of people who make demands on your time. It’s no wonder that many CEOs need to “disappear” from the organization at least once or twice a year to recharge their batteries by playing golf, […]
