First Time CEO | Advice, Tips & Suggestions

TAG | Leadership

You’re not a leader if you don’t have any followers.
Do you get that?

They can give you every title in the book – CEO, COO, CFO, Chief Cook and Bottle Washer – it DOESN’T MATTER. If the people you’re supposed to be leading think you’re a dick – you’re not they’re leader.

You’re their whipping boy.

You see, this isn’t about you.

This is about them.

This is about them trusting you. Them respecting you. Them looking up to you.

This is about them feeling like you listen. Them feeling like you care. Them feeling like you think they are capable. And smart.

Important.

And human.

This is about them thinking you are good at your job. Them seeing you take your role as seriously as they take theirs. Them knowing you care about the organization.

Not just about yourself.

So.

Dude!

You need to change.

Drop the ego and stop talking.

Stop being so f’ing smart.

Start learning. Start listening.

Start being nice.

Go for a beer. A lunch. Grab a coffee.

Ask about the kids. The gym. The vacation.

And start doing your job. Otherwise. You’re not their leader.

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Jim Crocker, CEO of Boardroom Metrics has started posting some helpful insight on management and leadership on YouTube. His first post on this topic is describes the 5 key elements of the role of the CEO. According to Crocker, they are:

  1. defining the vision for the organization
  2. assembling (and leading, managing) the management team
  3. leading the planning process
  4. monitoring progress and reporting to stakeholders
  5. articulating the vision to employees, customer, suppliers and investors to engage them in the success of the business.

Obviously, Crocker is simplifying for affect and brevity – the role seems much more complicated than that – but when you think about it, if more CEO’s stuck to what he’s suggesting, they might do a better job.

The YouTube video is here.

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A key question when engaging a consultant is their fee and how the project will be priced. In another of his YouTube videos to help manager’s use consultants effectively, Jim Crocker of Boardroom Metrics has posted a video on consulting pricing options.  He lists three options to consider for pricing a consulting project:

  1. hourly basis
  2. project basis
  3. performance basis

The third, involves giving the consultants a share of the upside created by their work. This is a very effective incentive.

The video is posted here.

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Jim Crocker, CEO of Boardroom Metrics posted this helpful video on YouTube ‘When to Hire a Consultant’.  Crocker, who has been a consultant for 25 years, keeps it simple. From his perspective, there are 4 key times for hiring a consultant:

  1. when you need an answer
  2. when you have the answer but need help selling it
  3. when you have the answer, but it’s bad news and it’s better for someone else to deliver it
  4. when you need help implementing change

Crocker points out that based on his experience, hiring a consultant to help with necessary change has a much greater chance of succeeding than hiring a consultant for ‘nice to do’ change.


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March 2010
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