Running a mid-market organization is no small feat, and as the CEO, your focus should be on the strategic activities that only you can drive. But how can you tell if you’re getting pulled into tasks that aren’t yours to handle?
Here are six signs that you might not be focused on the six things that only you can do!
1. You’re Spending Too Much Time In the Business, Not On the Business
Are you bogged down by day-to-day operations? If you find yourself avoiding social situations, feeling emotionally exhausted, and isolated in decision-making, it’s a sign you’re too involved in the weeds. Your role is to steer the ship, not row it.
2. Your First Team (Senior Leadership Team) Doesn’t Work Well Together
A cohesive senior leadership team is crucial for your company’s success. If your team members are more focused on their individual departments vs. the company’s overall success, it’s time to reevaluate your cadence and operating rhythm. Ask yourself, are you getting in the way of them functioning as a true leadership team.
3. Your Organization Struggles with High Turnover and Low Engagement
Is your company experiencing high employee turnover and low engagement? These are clear indicators that something is amiss in your organizational culture and leadership approach. Marginal growth often follows when employees don’t understand and/or aren’t committed to the company’s vision.
4. The Silent Killer: Lack of Alignment
When everyone seems to be rowing in different directions, it’s a sign of a deeper issue. If no one can clearly describe your company’s culture, and there’s no focus on talent potential or performance, your organization may not be designed for sustained success. Misalignment can quietly erode your company’s foundation.
5. You’re Frustrated That Key Industry Leaders Don’t Know Who You Are
Despite significant marketing efforts, do key opinion leaders in your industry still not know your company or your role? This lack of recognition can be frustrating, especially when you’re investing heavily in brand visibility. It might be time to reassess your focus.
6. Your Board of Directors Is “Good Enough,” But Not Great
Is your board of directors merely going through the motions? If your board members aren’t engaged, not driving meaningful outcomes, and only focusing on financials, they might be holding your company back. A truly effective board is one that challenges and supports you in achieving long-term success.
Stay tuned! Over the next few weeks, I’ll break down each of these signs and offer actionable steps for how you, as the CEO, can focus on the things that only you can do.