Capital vs. Influence

N2Growth Blog

I have watched entrepreneurs and executives initially trivialize the value of influence in a capital transaction, only to regret it down the road. Savvy CEOs simply aren’t in a rush to close the deal and secure the funding if it means sacrificing knowledge, experience and influence. I have long held that the influence a capital partner brings to the table is significantly more valuable than their funding in the grand scheme of things.

Social Media Influence | N2Growth Blog

N2Growth Blog

While anyone can have a social media presence, not everyone possesses social media influence. You might have something to say, but without influence, nobody will be listening. Put simply, having a social media presence without influence is little more than an exercise in frivolity. In today’s post I’ll share some thoughts on the importance of social media influence in the building of personal and corporate brand equity. Social Media Influence [.]

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How To Create Lasting Influence | N2Growth Blog

N2Growth Blog

Understanding how to leverage the influence factor can make a defining difference in your ability to drive change, build cohesive teams, and to successfully implement strategic vision. As a leader your “Influence Quotient” is the IQ you need to pay attention to. In fact, your influence quotient will be a much greater determinant of your ultimate success than your “Intelligence Quotient” could ever be. With authority comes credibility, and with credibility comes influence.

Leadership & Influence Summit | N2Growth Blog

N2Growth Blog

Registration for this free online event will not only give you access to my video, but also presentations featuring some of today’s leading influencers. In many organisations influence is a function of previously proven experience (earned stripes so to speak) and people who are fresh to the organisation, with different ideals and approaches and who are less politically connected may find their ideas sqeezed out by institutional knowledge and cultural dominance.

Entrepreneur, CEO or Both? | N2Growth Blog

N2Growth Blog

Posted on January 21st, 2011 by admin in Leadership , Miscellaneous , Operations & Strategy By Mike Myatt , Chief Strategy Officer, N2growth Entrepreneur, CEO or Both? CEO…that title sounds good doesn’t it? What does a CEO really do anyway? In today’s post I’ll assess what it takes to be an effective CEO and you can decide for yourself if you have what it takes to get the job done.

Should CEOs Have Term Limits? | N2Growth Blog

N2Growth Blog

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. You should know from the outset that I fundamentally disagree with the concept of CEO term limits, and quite frankly I cannot really come up with a valid reason for supporting such a regressive concept.

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Leveraging Down for CEOs | N2Growth Blog

N2Growth Blog

Think of any top performing CEO and you’ll find that to the one, they possess an uncanny ability to focus on highest and best use activities. While most executives that have reached the C-suite level understand the importance of scaling via delegation, far too many CEOs struggle with the effective implementation of the concept. To this day I’m amazed at how many CEOs still own tasks, roles, projects, and responsibilities that should be delegated to others.

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Are CEOs Overhyped and Overpaid?

Harvard Business

How much do CEOs actually matter? Although such sentiments may not apply to most CEOs, even the anonymous CEO still benefits from the impulse: Most CEOs worldwide earn between 50 and 100 times more than the average worker. The CEO-to-worker pay ratio in America is even bigger, at 350:1. It is therefore reasonable to ask whether CEOs are actually worth it. To answer this question, I considered several scientific studies of CEO impact.

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Employees Donate More to Their CEOs’ Preferred Political Candidates

Harvard Business

CEOs have a profound impact on the firms they run, affecting how their employees interact with customers , suppliers , and among themselves. But do CEOs also affect how their employees make choices in areas not directly related to firm operations, such as politics? This is the question we investigated in our recent research , and we found that political preferences of CEOs do have a significant influence on the political decisions of their employees.

Research: Business School Really Does Influence How Students Make Decisions Later On

Harvard Business

But how well schools meet this goal, and to what extent their teaching influences their students’ leadership, is an open question. We explore this question by looking at CEOs’ decisions about corporate diversification over the last three decades. Think about it: It took 20 to 30 years for those MBA students who absorbed a skeptical view on diversification in the 1970s and the ‘80s to climb up corporate hierarchies, replace CEOs at major U.S.

Research: CEOs with Diverse Networks Create Higher Firm Value

Harvard Business

For example, firms with better-connected CEOs can obtain cheaper financing , and firms with well-connected board directors see better performance. We wanted to explore whether the diversity of CEOs’ networks might affect their firms. Our study , published in the Journal of Corporate Finance, found that CEOs with strong connections to people of different demographic backgrounds and skill sets create higher firm value. Bernhard Lang/Getty Images.

Research: How Investors’ Reading Habits Influence Stock Prices

Harvard Business

But although the market as a whole displays a variety of biases in processing financial news, not all finance professionals consume news in the same way. In “News Consumption: From Information to Returns,” I compare the news consumption patterns of different finance professionals. And they read far more news than any other group of finance professionals. A cornerstone of efficient and transparent markets is freely available information.

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When It Pays to Think Like a Finance Manager

Harvard Business Review

If you want approval for a new project — purchasing new equipment or computer systems, applying for a patent, building a new store — chances are you need your company’s finance department on board. To get the green light, it helps to understand how finance people think. But finance people like me are skeptical even when the proposals do project a return. Finance & Accounting Tool. The CEO negotiates with a company he or she wants to acquire.

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Why HR and the CEO Should Be Joined at the Hip

LDRLB

The advice proved excellent, and for the rest of my days in the corner office I was joined at the hip with an outstanding finance executive who is now the CFO of Lindt & Sprüngli , the world’s leading chocolatier. Ultimately, it is the CEO who determines the corporate culture, whether good or bad. Today, with declining loyalty and greater job hopping, it is critical that CEOs partner with HR. An adept HR executive is the CEO’s window.

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What 11 CEOs Have Learned About Championing Diversity

Harvard Business

Yet progress within organizations has been slow – there is still a lack of women and minorities in leadership positions, and certain industries like tech and finance are lacking diversity at all levels. Based on evidence that diversity initiatives are more effective if they start at the top , I interviewed 11 CEOs who have made a public commitment to diversity about how they are creating more diverse workforces. I chose eleven CEOs: Art Peck (Gap Inc.,

Attitude Reflects Leadership

N2Growth Blog

Show me a CEO with a bad attitude and I’ll show you a poor leader. As a CEO, how can you expect to inspire, motivate, engender confidence, and to lead with a lousy attitude? CEOs with bad attitudes will not only fail to engage their workforce, but they will quickly find themselves shown the door as their attitude’s impact on performance becomes visible to the board. Why then do so many CEOs appear to have a bad attitude?

Why Businesses Fail | N2Growth Blog

N2Growth Blog

As much as you may wish it wasn’t so, as a CEO you’re really only as good as your last decision. As a person that works with CEOs and entrepreneurs on a daily basis I can tell you with great certainty that all leaders are not created equal when it comes to the competency of their decisioning skills. Nothing will test your metal as CEO more than your ability to make decisions.

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Vision and Leadership | N2Growth Blog

N2Growth Blog

A CEO’s ability to perform effectively is so closely tied to their ability to form a clearly articulated vision, evangelize the vision and then to execute on their vision, that no real discussion on executive leadership should take place without an emphasis on vision. The good news is that CEOs without vision will take care of themselves in short order, as they simply won’t survive for long. However worse than the CEO with no vision, is a CEO with the wrong vision.

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Leadership Interview – Michael Hyatt | N2Growth Blog

N2Growth Blog

As Chairman and CEO of Thomas Nelson Publishers, the largest Christian publishing company in the world, and the seventh largest trade book publishing company in the U.S., Mike Myatt : How has social media impacted you as a CEO? Mike Myatt : Who had the most significant influence on shaping you as a leader? Michael Hyatt : To model the five aspects of leadership: insight, initiative, influence, impact, and integrity.

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Questions and Team Building | N2Growth Blog

N2Growth Blog

And I can assure you that any CEO who views him/herself as an army of one will fail. Whether you like it or not, your success as a CEO will be largely tied to your team building ability. Not only do great CEOs understand how to recruit a top executive team, but they also understand how to build cohesion among team members through collaboration while addressing specific situational and contextual needs.

Great Leaders Leverage Great Messaging | N2Growth Blog

N2Growth Blog

I have witnessed on numerous occasions CEOs with average, or even sub-par performance histories fare well because they possessed great messaging skills. Let me be clear that I’m not talking about form over substance here…They simply understood how to message their shortcomings and flaws, while engendering confidence around their planning for corrective measures to critical spheres of influence.

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Vision vs. Mission | N2Growth Blog

N2Growth Blog

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The Right CEO Personality for Process Improvement

Harvard Business Review

The Conversation Blogs The Conversation The Right CEO Personality for Process Improvement 10:58 AM Tuesday November 23, 2010 by Brad Power | Comments () Email Tweet This Post to Facebook Share on LinkedIn Print I recently argued that in industries such as distribution and logistics (Amazon, FedEx, UPS), process manufacturing (Exxon), insurance (Aetna), restaurants (McDonalds), and retail banking (Bank of America, Citibank, Wells Fargo), continuous process improvement is essential.

Should CEOs Get Involved in Politics?

Harvard Business Review

At least in the US, we seemed to have developed a sort of allergy to the idea of a CEO getting into policy-shaping. This was clear at last night's HBR's 90th anniversary gala in New York , where Johnson & Johnson CEO Alex Gorsky and Starbucks CEO Howard Schultz both expressed concerns about America's current level of partisanship, and what such ideological gridlock could do to the economy. Starbucks CEO Howard Schultz offered an even more direct broadside.

When CEOs Should Speak Up on Polarizing Issues

Harvard Business

CEO activism, the growing trend of top executives speaking out on sensitive social and political issues, has been labeled the “ new normal.” There are conflicting views of how CEOs should proceed. For example, most would assume that it’s easier and more effective for the CEO to cut a company’s climate emissions than to take a stand on immigration. fotog/Getty Images.

To Reform Capitalism, CEOs Should Champion Structural Reforms

Harvard Business Review

This blog post is part of the HBR Online Forum The CEO's Role in Fixing the System. CEOs manage them, employees work for them, customers buy from them, suppliers sell to them, investors buy their shares, and governments regulate their activities. What Can CEOs Do? So what does all this mean for CEOs who are troubled by the economic system and believe it needs to be reformed?

New Leader Checklist: 4 Questions to Ask if You Want to Lead Effectively

RapidStart Leadership

A company, feeling it was time for a shake-up, hires a new CEO. On a tour of the facilities, the CEO notices a guy leaning on a wall. The CEO walks up the guy and asks, “And how much money do you make a week?” ” The CEO then hands the guy $600 in cash and screams, “Here’s a week’s pay, now GET OUT and don’t come back!”

4 Forces that Shape an Organization’s Success

Skip Prichard

“It’s clear that leaders struggle with culture…Consider the fact that many CEOs say culture is their top priority, but admit they don’t understand it.” Lou Gerstner, the former IBM CEO, once said, “Culture is everything.”

The Disconnected Leader | N2Growth Blog

N2Growth Blog

Trust me when I tell you that being out of touch is never a good position to find yourself in as the CEO. My advice to CEOs, regardless of whether you’re running a start-up or a Fortune 500 company, is to go see things for yourself. 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 arrogant CEO doesn’t value the input of line and staff management.

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Women in Business: Taking the Lead and Making a Difference

Women on Business

Guest Post by Michelle Patterson, CEO of EventComplete (Learn more about Michelle at the end of this post). With financial strength in their pocketbooks and in their bank accounts, women can now even think about investing in other business ideas conceived by others women who are having trouble getting financed the conventional way. GUEST AUTHOR: Visionary and lauded business accelerator Michelle Patterson is CEO of EventComplete—a full service event management company.

Managing Board Relations | N2Growth Blog

N2Growth Blog

Over the years I’ve met more than a few CEOs who paid little or no attention to their board of directors, only to find themselves wondering what went wrong as they were being ushered out the door prior to the expiration of their employment agreement. As a CEO, your board can be one of your greatest allies. In today’s post I’ll deal with a skill set that all successful CEOs excel at…managing board relations. managing the CEO-Board relationship [.]

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But My Business Is Different… | N2Growth Blog

N2Growth Blog

I cannot even begin to count the number of times I’ve had a CEO tell me that certain immutable business principles just don’t apply to his/her business because, “this business is different.&# Moving on…Believe it or not, CEO is not always synonymous with all knowing business guru. Even the most savvy CEO may have blind spots in his or her skill sets, core competencies, or voids in the org chart which can also cause blind spots.

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When to Restructure | N2Growth Blog

N2Growth Blog

This is so much the case that some CEOs will avoid restructuring initiatives at all costs. My question is this…since when have fear and avoidance become prerequisites for success as a CEO? In today’s post I’ll examine the benefits of, and the need for corporate reengineering… Anybody could be a CEO if business were a static proposition. Great CEOs are willing to make the tough decisions…that’s what they’re paid for.

How to Build Leadership Skills When You’re Not A Leader

LDRLB

Madison writes for various outlets on finance and management.]. Whether you’re CEO of a company, a team manager or a hard-working employee, adopting and possessing leadership qualities can enhance your professional trajectory and even personal life. Ability to inspire and influence. According to CNN.com, CEO of Booher Consultants, Dianna Booher puts it bluntly: To reach that “next level of success” act like a leader.

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Best Leadership Blogs 2010 | N2Growth Blog

N2Growth Blog

Blog 251

Leaders need to Lead

Great Leadership By Dan

Another said that leaders “influence” while managers “direct.” It never ceases to surprise me how many CEOs don’t understand the concept of linking leadership to actually winning—not just managing. He used to bemoan senior managers that knew a lot about finance, labor negotiations and “leadership” but couldn’t tell a crank shaft from a piston rod. Guest post by Ken Marlin: Leadership is one of those concepts that management gurus like to throw around.

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Drinking the Talent Kool-Aid | N2Growth Blog

N2Growth Blog

If I only had a nickel for each time a CEO has told me “We have the best talent in the industry.&# If CEOs spent half as much time on talent initiatives as they do complaining about talent, their companies would see significant improvement thus obviating the need for all the complaining.

Blog 251

Toxic Work Environments | N2Growth Blog

N2Growth Blog

Depending on your role and influence within the organization you may or may not be able to alter the circumstances in which case you have a tough choice to make – do you stay or do you go?

Leadership & Emotional Control | N2Growth Blog

N2Growth Blog

However I believe the more important emotional trait for CEOs and entrepreneurs to gain mastery over is what I call EC or emotional control. I believe that with a loss of your temper you can lose your credibility, your influence, and your ultimately your ability to lead. Great CEOs lead by example…they set the tone for others in the organization by demonstrating proactive, rational, logical and balanced thinking as opposed reactionary emotional thinking.

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Workplace Gossip | N2Growth Blog

N2Growth Blog

Blog 329

test

N2Growth Blog

If you would like to link to the N2growth Blog, please use the information below: URL: [link] The link should look like this: Personal Branding & CEO Coach The N2growth Blog authored by Mike Myatt, N2growth’s Chief Strategy Officer and top rated CEO Coach provides advice to CEOs and entrepreneurs on personal branding, reputation management, leadership development and other mission critical areas.

World Business Forum – Day 1 Recap | N2Growth Blog

N2Growth Blog

Bill McDermott, CEO of SAP followed Jim, or at least attempted to…While Bill has a successful track record in business going all the way back to his years as an entrepreneurial teenager, his presentation was horrid (sorry Bill). Bill’s passion an his sales skills were clearly evident, but his presentation came across as a wannabe self-help guru more than a CEO of one of the world’s best software companies. Up next was Calos Brito, CEO of Anheuser-Busch InBev.

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The Leadership Walk

N2Growth Blog