Leading your company through a recession.

October 23, 2008 at 8:45 am 1 comment

If you put 15 CEOs in a room and ask them to focus on one important question you get some very practical answers. The following list was compiled by the members of two Vistage CEO groups in the Bay Area chaired by Sterling Lanier.

CEO Driven Activities
– surround yourself with good advisors and seek their help
– focus on sales and staying close to customers
– continue spending on sales related activities
– focus on activities that increase cash flow
– use zero base budgeting and forecast on rolling 12 month basis
– make a cash forecast and action plan for sales down 30%

Get the entire checklist here.

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Entry filed under: CEO coach, key executive coach, management, strategic planning. Tags: , , , , .

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