Tag Archive: advisory board

Women CEO Panel Takeaways

January 2nd, 2020

As an advisory board member of the School of Business and Public Management of the University of LaVerne, I participated with the annual Women CEO Forum. I always am inspired listening to the powerful stories of these CEOs, and the hardships they overcame on their journey to success. Do you get away to listen to speakers like these? I am always surprised how energizing it can be.  I always gain a nugget or insight to take our performance to another level. As my consulting mentor says, if you improve 1% a day, in 70 days you are twice as good. Now that is imminently achievable and impressive!

 

The key takeaways from the Women CEO Forum included the following:

  • Determination – It is without a doubt the reason for my success.  It shouldn’t be surprising that it is true for others. Are you undervaluing how important it is to “keep going” and find ways around, over or through obstacles?
  • Fail Forward – A powerful insight from one of the panelists. As I always say in speeches on innovation, you have to fail to be successful in innovation. Do we see our failures as ‘failing forward’? Or do we hide under a rock?
  • Pivot – Have you thought about when you should pivot and change direction/ strategy? The most successful people have multiple pivots in their careers. Nothing stays the same….the world, our industries, our colleagues. Do you know when it is time to pivot? Surround yourself with people and advisors who will help you!
  • Reinvention – If the pivot is when you should change course, reinvention is how you change course deliberately. The most successful people reinvent as a normal course of action. Have you thought about whether what you are doing is just what you’ve always done or if it is the best approach in today’s business environment?

Take a few minutes to think about your takeaways from your career to date. What is responsible for your success? How does it stack up with these insights? Figure out what works for you, GO for it and don’t let obstacles get in your way!

 



Global Is “In”

July 5th, 2016

profit through peopleOne of the reasons my global advisory board has been as valuable as its been is because it is global. We have people from the U.S., Australia and Japan with experiences from all around the world, and we are supported by a wider community with people from almost every continent. Looking through a U.S. lens might seem expansive to someone who has spent his/her lifetime in one state or on the east coast or the west coast yet it is narrow as compared to global impacts surrounding business on a daily basis.

No matter what you think in terms of politics and the like, it is imperative that you understand global impacts. For example, with the China struggles going on earlier this year, manufacturers should be on high alert for future quality issues. Have you been considering that? When I was in Australia for my strategy session, we discussed the impact of the strong U.S. dollar. Certainly it made my trip less expensive; however, it has far reaching impacts. Which countries should companies source from? Should they hedge? Should they in-source? There are vast numbers of questions to think about.

Within the last week, Europe has certainly had a strong impact on not only the stock markets but the global economy. What will Brexit mean? What decisions should companies be making now for impacts that will occur within the next 1-5 years? How should they mitigate risk?

The Olympics is another global topic. The Zika virus has certainly impacted attendance. How will companies protect their employees? Are athletes willing to take the risk? Money was poured into preparation for the Olypmic games. What will happen if it falls short?

It doesn’t matter what you think about globalization. It is all around us. The only question is whether you’ll be prepared and thinking ahead on how to best prepare and leverage for likely global impacts.

Did you like this article? Continue reading on how to strengthen your Eagle Eye:

The Impact of China’s Slowdown

The Hidden Benefit of Observation