Category Archives: Financial Strategies

CEO Forums-9729 2

High Ranking Attributes – Six Pillars Essential for Leading Your Enterprise

Please find below high ranking attributes of the Six Pillars Essential for Leading Your Enterprise.

1. LEADING ONESELF

Am I aware of the value of Emotional Intelligence for career success? 

Emotional Intelligence is catalytic for whatever other abilities we have; it allows us to make best use of them,” Daniel Goleman speaking at Google.  “Whatever Emotional Intelligence contributes to success, it matters more per unit than IQ.”

Learn from Daniel Goleman speaking at Google Headquarters

2. DRIVING THE VALUE PROPOSITION OF OUR ENTERPRISE  

Do I genuinely know what our customers value and am I improving how we deliver value in these areas?  

3. UNDERSTANDING CORPORATE FINANCE | LEADING OUR ORGANIZATION TOWARD GREATER FINANCIAL SUCCESS

Do I understand what financially successful enterprises look like? Am I helping drive our organization toward these frameworks?

A Key Ratio – After-tax profit margins for Leading Publicly Held Companies currently considered successful:

Walmart – 3.6%

Tyson Foods – 2.3%

J.B. Hunt Transport – 16.3%

Apple – 21.6%

Google – 21.5%

Cerner – 13.7%

Amazon – 0.36%

4. PEOPLE & LEADERSHIP DEVELOPMENT

Do I lead my organization so that we can bring the very best out in our co-workers?   

Example: I do all I can do to create an open, trusting, non-defensive &  non-political environment.  (Taught to all of us by the founder of the CEO Forum, Sir Jim Myers!) 

5. BUILDING / STRENGTHENING THE CULTURE OF OUR ENTERPRISE

Has our organization defined the three to eight principles or beliefs that others can depend every person in our organization to follow?

“Culture trumps strategy every time,” Jeffrey K. Schomburger, President, Global WalMart Team, Procter & Gamble.

6. STRATEGIC THINKING AND PLANNING 

Does every team member in my organization know our goals and know precisely his or her role in achieving these goals?

“Winning companies have simple goals with clear targets and strong follow-through.  All team members know what to do about the goals and they execute precisely,” learned from Donnie Smith during presentation at The Summit who learned from Stephen Covey and Bob Whitman, Predictable Results in Unpredictable Times.  

Learn from Donnie via this Summit Presentation

About Our Firm 

Elevate Performance LLC operates peer advisory groups including CEO Forums, Elevate Forums and Emerging Leader Forums.  We deliver  Advisory Services, Executive One-on-One’s, the Elevate Speaker Series, Tools and Content.

To learn more about whether one of our forums is a fit for you or how our services can deliver value to you, please contact Tim McFarland at tim@ceoforums.us or by calling 479-310-5570.

In all we do, our firm is dedicated to helping you Elevate your Performance.

 

An Insightful Interview by Charlie Rose – Ray Dalio, Founder of Bridgewater Associates

One can gain insights relating to the gobal economy, a framework for solving the U.S.’s debt problem and some highly valuable approaches to how we lead our organizations during this Charlie Rose Interview with the Founder of Bridgewater Associates, Ray Dalio.   We found Ray’s perspectives to be full of wisdom, common sense and inelligience.  See if you agree at the link below.

http://www.charlierose.com/view/interview/11957

Porterfield Article – How Technology Is Changing the Accounting Profession

The speed in which technology is changing the way we do business today never ceases to amaze us.  Marsha Petrie Sue, author and valued speaker at the CEO Forums in Phoenix, offers this perspective, “The way we do business will change more in the next five years than any other time!”

The more we consider this, the more we believe her wise perspective is right on.  And how important it is for every CEO and every Organizational Leader to recognize and embrace this major factor!

It is critical that we and our business models remain current, up to date and competitive.  Or better yet that we create a business model that becomes a market disruptor!  Old business models are becoming obsolete and great new ones are being created.  All worthy factors deserving of your consideration.

Recently, Tom Porterfield, CPA and partner, Porterfield, Killingsworth CPA, PLLC  (http://www.porterfieldcpa.com/), wrote an article published in the Arkansas Business Journal relating to How Technology Is Changing the Accounting Profession.  The article is well written and in our view, valuable to all and worthy of your time.

Here is the link.

http://www.arkansasbusiness.com/article.aspx?aID=128461.54928.140585&k=CPA

Tom Porterfield is a valued member of CEO Forum I.

We hope you find this information of value.