Entries by Chuck

Be the CEO Who Gives Gifts and Thanks

During the past two weeks, the business news has been dominated by tech companies that are laying off staff. Meta laid off 11,000 employees or 13% of their workforce. Twitter terminated the employment of 3,700, nearly 50% of its staff.  A long list of other companies followed. Intel, Snap, Robinhood, Stripe, Salesforce, Lyft, Microsoft, Shopify, […]

How Medtech CEOs Are Falling Short – On Purpose!

After two long years, Advamed’s annual MedTech Conference took place in Boston last week. Over two thousand executives, entrepreneurs and medical device professionals gathered to share ideas, learn, network and connect for three days.  The importance of a company’s purpose – the overarching guiding principle for why the firm exists – was raised many times […]

Attention All CEOs: Torpedo the Performance Review – Try the “W5” Instead

The loathed performance appraisal is raising its ugly head again across corporations. Many companies that halted reviews during the pandemic now have employee performance in their crosshairs. The Dreaded Performance Review Makes a Comeback appeared as the lead article in the Wall Street Journal’s C-Suite Strategies section on September 19, 2022. Meta Platforms (Facebook), Google, McKinsey, CarParts.com, […]

What Do Exceptional, Value-Creating CEOs Actually Do?

Every CEO has six key responsibilities they must embrace. Exceptional CEOs think and act differently as to how they carry out their responsibilities.  They take different actions and deploy practices that create great value. These mindsets and practices can be learned, applied, and mastered. The first responsibility is set the direction. The accompanying mindset of […]

Every CEO Needs a Coach

As CEO, your job is to create great value. More than any other person, your impact as CEO is the single biggest predictor of your company’s success. Perform in the upper 20% of CEOs and you’ll generate a nearly 3X greater return to shareholders than the average performer. Yet sustaining top performance and value creation […]

Creating by Extracting

In a world that gets more complex by the day, sometimes great things can best be created by extraction. By making things simpler. If you are in northern New Mexico and hear a tap-tap-tap, it just might be Ra Paulette. Paulette is an American cave sculptor who lovingly and intentionally digs into and scrapes sandstone […]

Encouraging Purpose in Your Children

Eighteen months into the pandemic, it may be more important than ever to encourage purpose in our children. Forty years ago, after graduating high school, you either went to work at the factory, joined the military, enrolled in vocational school to learn a trade, or entered college. The options were pretty straightforward and there was […]

How Mike Sievert Fumbled T-Mobile’s Massive Security Breach Crisis: Mobile Provider CEO Fails The Three Rules of Crisis Management

A cyberattack that exposed the personal information of more than 53 million people, including names, addresses, dates of birth, social security numbers and driver’s license information of current and previous customers was reported to T-Mobile, the US’s second-largest mobile service provider, on August 13.  This is the fourth known data breach at T-Mobile since 2018. […]

Nothing is Impossible!

Terry and Sue Hitchcock met in college and they married shortly thereafter. They enjoyed the classic American Dream. Living in suburban Minneapolis, Terry worked as an executive and Sue stayed home to manage the household. By their mid-forties, they were happy, in love, and busy raising three children. Then the unthinkable happened. Sue received a […]