Category Archives: Updates

Evolving Our Business Model – from the CEO of Salesforce.com

Old business models are becoming obsolete and great new ones are being created!  Our CEO Forum Surveys indicate that one of a leader’s highest priorities is how he or she evolves an organization’s business model so that it can continue to deliver or improve on the degree to which it delivers a high value proposition.  While it is true that this will take some time, there is a growing belief that it also must be sped up.  So how do we go about this?

In August, Forbes named Salesforce.com the most innovative company of the year.  What can we learn from Salesforce.com?  Might it be a source to inspire CEO’s who are seeking to evolve your business model?

Sometimes we can go to school on the winners, consider what they are doing and use common sense to figure out how to apply what they are doing to what we might be done to improve our own business.

One can listen to Marc Benioff, chairman and CEO of salesforce.com in another insightful interview by Charles Rose.  We highly recommend it!

http://www.charlierose.com/view/interview/12019

As an example, the difference in how Steve Jobs looked at the world vs. Bill Gates:

>Steve Jobs looked at projects with a beginners mind.

>Bill Gates looked at the world as how he could advance windows into it.

Marc reminds us that:

>consider that the i-pad was only launched 18 months ago

>things are going faster than ever before

>there is a thurst for more transparency; organizations that don’t become more transparent can become obsoletedly

>Marc developed a 1/1/1 philanthropic platform for his organization.

>Salesforce.com agreed to place 1% of their stock, 1% of their profits and 1% of their time into a 501c3 to do philanthropy

We hope and trust that you find this information of value.

Should you or someone you know want to learn more about joining a CEO Forum, please e-mail us at Tim@ceoforums.us.  Thank you.

 

 

 

 

 

 

Steve McBee Forwarded This Valuable Perspective from Napoleon Hill

“Unlimited power may be available when two or more people coordinate their thoughts and actions in a spirit of perfect harmony for the attainment of a definite purpose.”

Steve McBee sent this perspective considered valuable to us last week from Napoleon Hill.  http://www.naphill.org

Thanks Steve!

The full post:

http://www.naphill.org/posts/tftd/thought-for-the-day-wednesday-november-30-2011/?utm_source=NHF+Email+Subscribers&utm_campaign=03ee70f19e-TFTD_EMAIL&utm_medium=email

 

 

Meeting the Needs of Those We Lead

Jim Myers, founder of the CEO Forum, defines leadership as “bringing the best out in others.”  We know that leading people is the most difficult part of leading an organization and the one with which humans struggle the most.  So how do we bring the best out in others?

It certainly helps that we first assure that we have created an open, trusting, non-defensive and non-political environment.

It is also by “meeting the needs of our people.”

Well, how do we meet the needs of our people?  Jim Myers offers the following set of questions that we as CEO’s and as supervisors of people will want to have answered in order to meet the needs of those with whom we have been given the wonderful opportunity to lead.

What is going on?

As an organization, where are we going?

How are we going to get there?

What do you want me to do?

Am I important here?

Does anyone really care about me?

On this Thanksgiving weekend, we give thanks to Jim Myers, for your valuable templates of leadership and for all that you have done to help so many CEO’s!

The Five Competitive Forces That Shape Strategy by Michael Porter, HBR

As you work to complete your strategic plan for 2012 and beyond, we thought we would provide this post from strategy guru – Michael Porter, Harvard Business Review.

Enjoy both the article and a 13 minute video at this link.  Standing the test of time, Michael Porter.  Great post, Michael and HBR!  Thank you!

http://hbr.org/2008/01/the-five-competitive-forces-that-shape-strategy/ar/1?cm_sp=most_widget-_-hbr_articles-_-The%20Five%20Competitive%20Forces%20That%20Shape%20Strategy

The Question That Will Change Your Organization from HBR

We are finding some great value in some of Harvard Business Review Blogs.  This one is from Polly LaBarre and the HBR Management Innovation eXchange.

http://blogs.hbr.org/cs/2011/11/whats_the_question_that_will_c.html?cm_mmc=email-_-newsletter-_-weekly_hotlist-_-hotlist111411&referral=00202&utm_source=newsletter_weekly_hotlist&utm_medium=email&utm_campaign=hotlist111411#.Ts1QVe7FeSw.emai

 

Going To School on the Winners – Culture at Bridgewater

We find these videos about Bridgewater Associates and how it has built it’s culture amazing!

Let’s explore how Bridgewater has developed it’s culture at the below link.  We would encourage you to listen to three or four of the videos found at this link.  Your investment into this subject will take less than 30 minutes.  Invest in yourself and the potential for you and your organization to become its very best.

http://www.bwater.com/home/culture–principles/culture-videos.aspx

What you will find:

“At Bridgewater, our overriding objective is excellence, or more precisely, constant improvement. We believe that producing excellence requires approaching both work and people in a principled way. Above all else, we want to find out what is true and figure out how best to deal with it. We value independent thinking and innovation, recognizing that independent thinking generates disagreement and innovation requires making mistakes.

To foster this thinking and innovation, we maintain an environment of radical openness, even though that honesty can be difficult and uncomfortable. At Bridgewater each individual has the right and the obligation to ensure that what they do and what we do collectively in pursuit of excellence makes sense to them. Everyone is encouraged to be both assertive and open-minded in order to build their understanding and discover their best path. The types of disagreements and mistakes that are typically discouraged elsewhere are expected at Bridgewater because they are the fuel for the learning that helps us maximize the utilization of our potential. It is through this unique culture that we have produced the meaningful work and meaningful relationships that those who work here and our clients have come to expect.

To help communicate what it’s like here, some of the people who work at Bridgewater describe it in the videos below. I am also posting my Principles, which we use, debate and change to agree on how we should be with each other in our pursuit of excellence.”

- Ray Dalio

 

 

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.