We have all heard the old cliche that, “it’s lonely at the top.” It really is an accurate portrayal of life for most CEOs. Not only can executive officer feel lonely in their specific business, but they may also be in need of peer relationships that bring with it sharing of business acumen, professional experience, and insights that can help grow and mold a successful business. The roles of executives today have never been more daunting or fraught with disruptions. Let’s take a look at how joining a peer group of other CEOs can help.
Having a leadership resource can be just the solution for executives who need to make a connection, want to grow their company, and often don’t have the time during the regular business day to make those connections organically. Joining a peer group can be the answer for several reasons.
CEO Groups Serve as a Sounding Board
During the course of a typical work day, most executives are busy handling day-to-day operations. There is not often the opportunity to call a friend in a similar circumstance to talk about future business questions or concerns. The CEO groups run by the Enterprise Center are a great chance for business leaders to communicate with other business leaders. Peers can act as a sounding board for ideas where CEOs are able to confidentially get feedback from people in similar positions. Other business leaders can add to their experiences and warn of potential pitfalls. The conversations can be incredibly valuable and may even help move your company forward.
CEO Groups Can Help with Scaling
One of the more difficult aspects of leading a business is learning how to scale. Oftentimes, CEOs do not have peers that can help them learn how to grow a business by getting more out of the people and resources or by employing better systems and methodologies. A peer group of other CEOs can provide insider access to insights learned from others’ experiences.
CEO Groups Can Help with the Big Picture
Often, business leaders do not take the time to plan for what lies ahead. This is especially true for small and medium-sized businesses that are still evolving and finding their niche. Peer groups of other business leaders can be a great chance to plan, organize, and take a look at the bigger picture. Being a part of an executive group means that monthly you will hear about other businesses’ successes and setbacks that can give you a sense of where your company may be heading. It is almost like taking a look into the future when hearing about where other executives are in their journey.
CEO Groups Can Provide Support, a Sense of Belonging, and a Little Bit of Fun
Joining one of the Enterprise Center’s three CEO groups can give the support that many executives need – even if it is once a month. These peer groups can not only be substantive in that they allow for professional support but also can spark humor, fun, and a sense of belonging to a group that can help in what can only be described as one of the more challenging positions in business.
Are you interested in joining one of our CEO Groups? Check out the programs page on our website and register now.
If you hear the words “business plan” and immediately think, “Ho-Hum, boring” then your business plan is being done wrong. A business plan is a vital part of your company and it should live in the daily operations of your business as well as guide you when there are setbacks or hurdles to overcome.
This living document can be an integral part of your company and keep you on track for years to come. That means regular reviews of the document and how your company needs to adjust, or it needs to be changed.
The Small Business Association (SBA) recommends that a business plan include the following areas:
- Executive summary – a snapshot of your business
- Company description – describes what you do
- Market analysis – research on your industry, market, and competitors
- Organization and management – your business and management structure
- Service or product – the products or services you’re offering
- Marketing and sales – how you’ll market your business and your sales strategy
- Funding request – how much money you’ll need for the next 3 to 5 years
- Financial projections – supply information like balance sheets
- Appendix – an optional section that includes resumes and permits
Now that you know the categories, how do you go about drafting a business plan? Our first suggestion is to NOT do it in a vacuum. Talk to other people who are in your field, including accountants, financial advisors, potential clients, trusted advisors, and anyone who will listen. The more you learn and research, the better off you will be with understanding how your business will come together. Here are three simple things to keep you focused as you write your business plan.
Keep it Simple and Straightforward
First of all, no one has the time or energy to read hundreds of pages of your business plan. A lengthy plan also makes it pretty unlikely that you will review it annually. Keep it short and simple, and get to the point. Bullets and charts can get your content across easily and make it reader-friendly.
Know Your Audience
As with presentations and sales, it is a good idea to know who your investors and business partners will be. Keep the language simple if your investors do not follow the lingo of your industry. This is especially true if you have a scientific or complex business plan.
Pick the Right Format
Not all businesses have the same needs or information. Choose a format that can bring out the unique aspect of your business. Check out the SBA’s types of plans such as a traditional or lean format that can convert what you need to in an easy to understand manner.
Working on a Business Plan? Check out our 2019 Business Plan Program and Competition Pitch Panel on June 12, 2019, from 8:30 am – Click here for additional information including eligibility requirements and application.
(Initial or Renewal Course based on the 2015 AHA Guidelines)
Basic Life Support (BLS) is the foundation for saving lives after cardiac arrest. This course teaches both single-rescuer and team basic life support skills for application in both in-facility and prehospital settings. This course is designed for healthcare professionals and other personnel who need to know how to perform CPR and other basic cardiovascular life support skills.
In addition, BLS training can be appropriate for first responders, such as police officers and firefighters, as well as for laypeople whose work brings them into contact with members of the public, such as school, fitness center, or hotel and restaurant employees.
Students must pass a written exam and skills test in order to qualify for a BLS Course Completion Card.
Upon successful completion of this course, students will receive a completion cad valid for 2 years.
Conveniently scheduled on Saturday, please choose the session that works best for you.