2008: The CEO Insomnia Factor Newsletter
The CEO Insomnia Factor explains problems common to chief executives and methods of addressing them. These are our 2008 issues.
There’s plenty for CEOs to worry about, but panic won’t help you or your employees. You may not be able to "fix" all the weakness in your ecosystem, but you most certainly can create backup plans and contingency plans that will mitigate the damage.
Being on the right course is one of those things that can keep us CEOs awake at night. But unplugging every now and then can focus our minds on what aspects of what we do really make the biggest difference for the people around us.
Having the cash to grow is usually the last prerequisite before implementation of the growth plan. But there are many other prerequisites that take longer than getting money. You need a proven, repeatable, scalable process that you've tested, that can produce predictable results.
Cash-starved CEOs need to know what motivates investors before they ask them for money. Fortunately, their motivations are simple to understand.
Investors are easy to understand. They don’t care about CEO's dreams and plans in the broad sense. They just want what they want, and what they want is financial results. These are the questions to ask yourself before you ask for other people’s money.
CEOs sometimes suffer from insomnia, worrying about the future of their companies. As the bus rolls along, are some of the wheels coming loose? While you’re lying awake at night, ask yourself these key questions.