How to Find Your Focus as a New CEO

How to Find Your Focus as a New CEO

Stepping into your new role as a CEO can be both exhilarating and nerve-wracking. Focus can be one of the hardest things to come by in your early days in the C-suite.

It’s true for a lot of new CEOs that focus is one of the last things that you’re worried about in the initial stages of your role. With a new job title comes new responsibilities, new worries, new management styles, and new teams to manage. But a new CEO role without a lack of focus can cause additional chaos as you try to find your footing.

Here’s how to find your focus as a new CEO.

Manage Internal Distractions

First and foremost, part of finding focus as a new CEO is to set boundaries for yourself. This includes managing internal distractions and things that may hinder your leadership.

Some easy strategies: 

  • Reduce tech interruptions by setting boundaries around your usage, alerts, and expected responsiveness over various tools like IM, email, or the phone.
  • Express boundaries to your team around respectful use of your time – especially for staff meetings. If you find mornings are most productive for you to work on big-picture projects then kindly ask your staff to approach you for assistance or guidance after a certain time of the day (unless it’s an emergency). The pandemic has made this easier by allowing for hybrid work-from-home structures where CEOs can accomplish work or add focus with an alternate office location.
    • Set boundaries for your time off and out of the office. If you have a more effective management style when you can disconnect every day – express your availability preferences to your team. Trust us, your employees will not be disappointed to know that their boss won’t be contacting them from the hours of 5 p.m. onward.

     

    Remind Yourself of your Unique Value            

    A new role can often bring new fears or a new feeling of imposter syndrome. The role of the CEO at most companies never feels as secure as those below it. You’re at the top – which means you are often the first to go if performance isn’t meeting expectations.

    It’s key to remind yourself consistently why you are in the position that you find yourself in. There’s a reason and it’s important to value yourself along with your team.

    Some easy strategies:

    • Practice mindfulness and gratitude throughout the day – many leaders find it powerful to carve out some time at the start of the day to help with intention-setting.
    • Make room to celebrate your team’s wins over time. Create a safe space to walk down memory lane for achievements by placing memories of those moments into a folder on your desktop. Anytime you’re feeling the imposter syndrome kick in – open up the folder and check out some of the amazing things that you and your team have accomplished.
    • Consider therapy or an unbiased third party for your mental health. Being at the top in C-suite leadership can be lonely and can often exacerbate feelings of isolation. Therapists or business coaches can be a great way to stay connected to your reality and to remain accountable to yourself and your health. The stigma around therapy is lessening — and many employees may even see it as a strength if they hear that you’re actively working on your mental health.

     

    Foster Independence and Innovation

    Behind every successful CEO is a talented team that has helped them get to (and stay) where they are. Fostering independence, creativity, autonomy, and engagement with your staff is one of the best ways to help you increase your focus as a new CEO. If your team is ready and willing to tackle challenging situations and execute day-to-day then it is one less anxiety on your plate in a C-suite leadership position.

    Some easy strategies:

    • Communicate clearly with your team regarding expectations. Strive to be fair, open, and transparent with well-communicated boundaries as a manager.
    • Consider new management styles and which will work best with your existing team and business model. Research effective management strategies and techniques to continue to show up for your team daily.
    • Ensure that adequate reward systems and compensation structures are in place for your employees. Listen to their feedback during challenging times of inflation, economic recession, or in a job market that’s red hot. The burden of employee turnover as a CEO can lead to a higher burnout rate and stress levels over time.

     

    Are you ready for C-suite Leadership?

    Do you have any other ways to increase focus as a new CEO? These are just a few strategies and techniques to keep your head in the game and continue to improve over time as a leader. CEOs are some of the most ambitious, innovative, and fiercely engaged people within an organization – remind yourself often of your “why” and consistently strive to be a better leader every day for your new team.

Please share with your colleagues & staff.

Gary Brunson
gary@myclearfocus.com

Debra Rider
debra@myclearfocus.com

574.361.2674

Sustainable Growth & Profit Consultant, Coach, Mentor and Counselor/Therapist for Business Owners and Professionals.

Nowadays, Remote work has become Commonplace. Are employers better off?

Meta Description: Remote work has been an increasing trend over the past couple of years. Employees who work at their own pace are more satisfied and are more likely to stay with the company. The growth of work from home is predominantly concentrated in knowledge workers who are generally higher educated and more prosperous.

How Managers/Owners Take Benefits from Remote Workers

The ability of your employees to work remotely could boost their productivity while reducing operating expenses. However, to assist your employees in transitioning into working from home, you’ll have to develop and implement a remote working policy. In addition, managing remote employees requires communication frequently, trusting your employees, and treating them as individuals.

Owners should consider instructing leadership on working with remote teams, focusing on active communication, translating the company culture to remote team members, and scheduling in-person meetings whenever possible.

Impacts of Telecommuting on Work Performance

As new research shows, working at home isn’t an exclusive extra benefit for just a few employees; remote workers increase rapidly worldwide.

Indeed, telecommuting is unremarkable in today’s technology-laden work atmosphere. Yet, as per the U.S. Bureau of Labor and Statistics before the coronavirus outbreak, about 25 percent of U.S. employees worked remotely.

This includes those who regularly worked remotely and people who worked from home but only occasionally.

The increase in telecommuting may be due to the growing conviction that remote workers are greater productive than those working in offices. For example, in the 2021 McKinsey & Co. study, 41percent of those surveyed believed they had more productivity at home than working in an office. The study also revealed that many workers have become more confident about their abilities to work from home after the beginning with the outbreak of the coronavirus.

How Repeatedly do Employees like to Work Remotely?

 

Many employees would like to work from home on a limited basis. As per the 2015 Gallup study, of those currently telecommuting, 60% would prefer working from their homes for up to five days a week. 30% of telecommuters prefer working at home every day. Just 10% would like to work from a workplace constantly.

How to Execute a Valuable policy for Remote Work

To assist your remote employees in keeping or even increasing their Competencies while telecommuting to work from home, implementing an effective policy for working from home is crucial.

When establishing your policy, it is best to start with a plan of the frequency you would like staff to telecommute. This will allow you to manage their schedules while ensuring adequate staffing levels and ensure that your team meets its objectives effectively. It is also essential to discuss with your staff members to ensure that they have the proper facilities and resources to work free of distractions.

Benefit Your Company in Some Big Ways

Working with your employees remotely can benefit your business in various ways:

  • Costs reduced: With workers away from the office, every day running expenses in the office will likely decrease.
  • Lower rate of absenteeism: Employees could have a lower chance of being absent if they can take care of their family members or themselves while working.
  • More productive: Employees who work at home typically have higher productivity, leading to greater efficiency throughout your business.

Conclusion

Working from anywhere provides workers the flexibility and could assist workers in moving to their preferred places. Remote workers could also benefit from relocating to a lower-cost area, closer to their family members or reducing immigration or dual-career frictions.

Gary Brunson
gary@myclearfocus.com

Debra Rider
debra@myclearfocus.com

574.361.2674

Sustainable Growth & Profit Consultant, Coach, Mentor and Counselor/Therapist for Business Owners and Professionals.

All articles, quotes, and material in this newsletter are copyrighted by our associate Gary Sorrell, Sorrell Associates, LLC ©. No part can be reproduced in any form without specific written consent. All rights reserved worldwide. Thank you!

How Businesses can Build and Maintain Trust Internally and Externally

How Businesses can Build and Maintain Trust Internally and Externally

Across America, studies have shown that businesses are some of the most trusted organizations in people’s daily lives. This trust has been carefully crafted by C-suite leaders based on the commitments and actions taken during global crises like the COVID-19 pandemic. More than ever, businesses today are beginning to advocate for social justice and protect marginalized communities. Diversity and inclusion conversations are occurring more frequently within the office workplace.

Unfortunately, this idyllic picture is only one small piece of the corporate puzzle. More work has to be done to continue to build trust with customers and employees as business owners. There is a new pressure placed on those who are managing others to consider the betterment of all – not just the betterment of a corporation’s bottom line.

With that being said – how can CEOs and business owners build trust?

Advocate for Ethical Business Practices

This one is a big deal on the list as Gen Z continues to grow its wealth and enter the workforce. Ethical business practices encompass a range of issues including diversity and inclusion, pay equity, climate change consideration, vetting ethical and sustainable suppliers and contractors, and investing in ethical retirement funds on behalf of your employees. Believe it or not – having ethical business practices can be a major piece in attracting the right talent within the next decade. Those who fail to address this realm will be out of luck when trying to build long-term trust with employees and customers.

Hit Hyperspeed on Data Protection and Cybersecurity

Many are arguing that the wild west days of data collection and unsafe data storage are ending. With consistent global threats on the horizon, potential internal bad actors, and a media-savvy consumer audience… it’s time to step up your data protection game. Those who suffer dangerous privacy breaches lose all trust and credibility with both customers and employees. Data protection and cybersecurity have to be a priority for all business owners and CEOs regardless of organization size or scope. Legislation may force the hand of many companies regarding digital data collection, privacy, and use. Political structures are taking notice of the looming threats that are emerging worldwide.

Treat Employees more than Fairly

There is no question that over the last 2 years (and longer) employees have stepped up time and time again in North America to bolster the economy. Without employees, all organizations would simply fail to operate. There would be no products or services for customers to consume. The importance of talented, loyal, and hardworking employees cannot be overstated by business owners. Treating employees fairly, equitably, and compensating them adequately according to the profit margins of your organization is necessary. Thinking solely about investors and their best interests is a great way to land your company in hot water with employees and customers. More often than not, customers reward a company if they feel it is fair and just to its employees!

Made a Mistake? Don’t lie.

It’s just like we learned in childhood… mistakes happen. Unfortunately, if you’re facing a challenging situation regarding a mistake, it’s best to be transparent and honest with your employees and customers. Those who spend more time “covering up” an issue with clever public relations strategies can lose trust internally and externally. Work swiftly to remedy a mistake and then admit that it happened. Where necessary, apologize without placing blame on anyone except for the company. It’s hard as CEOs to look beyond our pride – but this is a major key to avoiding a drawn-out and publicized crisis.

We would love to hear your comments.

Gary Brunson
gary@myclearfocus.com

Debra Rider
debra@myclearfocus.com

574.361.2674

Sustainable Growth & Profit Consultant, Coach, Mentor and Counselor/Therapist for Business Owners and Professionals.