executive

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Executive Presence: Stand Out with Impeccable Manners

Posted by Suzanne Bates on 31 Oct 2008 | Tagged as: Communication, Leadership, executive, executive presence, manners and etiquette

There is nothing in the world that helps an executive stand out as much as great manners.  You stand apart when you know what to do and how to treat others in every business situation.  There are many elements to executive presence, including communication skill, presentation style, body language, appearance and wardrobe.  However, many well dressed, articulate, smart executives don’t know, or don’t care enough to learn the rules of manners and etiquette.

I just read that Reader’s Digest tested levels of politeness in 36 cities around the world. In each city, undercover reporters from local Reader’s Digest editions performed three tests 20 times each. Cities earned a point each time one of its residents (1) helped a stranger pick up his or her dropped papers; (2) thanked someone making a small purchase; and (3) held doors open to the people following them into a building.

New York scored highest with 80%, followed by Zurich with 78% and Toronto with 70%. The cities with the lowest scores on these three tests? Mumbai (32%), Bucharest (35%), and Kuala Lumpur (37%).

Now I’m not sure how scientific this study is, or whether they just caught some of these cities on a collectively bad day, but the larger point is - as a professional or executive, your score should be 100% on these behaviors.  This came out in the Harvard Business publication daily stat report.  click here to read about the study

You never know who is watching.  And you never know what might trip you up.  Companies usually invite top job candidates to one or several dinners and social activities.  The purpose is not only to get to know you in a social setting; it is also to test your know-do you know how to handle yourself?

In these situations, nothing is overlooked.  If you don’t thank the person who took your coat, or brought your drink; if you fail to handle introductions or wait until everyone is served to eat, if you don’t know how to carry on a great conversation, it will be duly noted.  Given two capable candidates, the one who handles himself or herself superbly gets the nod. 

There is a fun quiz on manners (actuallly several etiquette topics) at manners international’s web site.  Click here to take a quiz.

I can also recommend Judity Bowman, Protocol Consultants, who has decades of experience working with business executives on etiquette: click here to read about Judith Bowman.   

Presentation Skills: How Do Current Budget Cuts Change Your Presentation for 2009?

Posted by Suzanne Bates on 29 Oct 2008 | Tagged as: Communication, Presentations, board presentation, budget, economy, executive, public speaking, recession

If you had already completed your budget planning for 2009 around October 1st, you are probably bemoaning the fact that you’ve had to throw out your budget and start over.  When the  stock market started plummeting and economists began their doomsday predictions of a prolonged recession, the orders came down to cut back.  So you know you can’t go into the board of directors or the senior management team with the original presentation on your budget for next year. 

At the same time, you’ve put a lot of thought and careful planning into the budget for next year.  You know the rationale still exists for many of their projects.  In fact, some of these projects seem absolutely critical, given the challenges ahead.   

 The question is how should you adapt your presentation when the financial landscape shifts?  Should you throw it out and start over again?  The answer is yes, and no.  Of course you have to demonstrate that you’ve tightened your belt, eliminated excess, done without, and become more efficient.    However,  your budget should have been clearly linked to important strategic initiatives that lead to revenues and profits.  If it was, make your case.  Do your homework and have the courage to present your projects and advocate for them in the best interests of the company.  Cut back in some areas and then take a stand where it will make a difference.

If you’ve prepared a plan that focuses on the company’s most important objectives, it should be easy to present a clear and compelling case.  You need to tie the investment directly to growth, profitability, productivity, efficiency, competitive advantage, and new opportunity.  If you do this then it should be easy to demonstrate measurable ROI.

 When we help our executive clients prepare presentations, we always start by thinking about the end “user.”  That is, who is listening to your presentation?  What would persuade them?  What are their concerns?  Forget about the beautiful slides, graphs and charts.  Put it all aside and write down the top five questions on the minds of your audience.   Then be sure you have great answers. 

For example, when you walk in the door to make your presentation, they might be thinking:

 

·         What do you want to do and why?

·         Can we get by without it?

·         How does it help us right now?

·         What’s it going to cost?

·         How can we do it cheaper, better, faster?

 

If you don’t answer those questions right up front, you will lose them.  Get right to it.

 

So my advice is, before you blow up your presentation, see what you have that works.  Then, write down the top of mind questions.   Answer them with compelling facts.

FI you don’t do this,  you’re doomed to fail.  If you do, you may walk out with exactly the budget you hoped for, or something close.  As the song goes, you don’t always get what you want.  But if you try sometimes, you get what you need.

For more tips on how to prepare important presentations, click here

 

Wanted: CEOs To Lead Us Through Economic Turmoil

Posted by Suzanne Bates on 10 Oct 2008 | Tagged as: economic crisis, economy, executive, government, market turmoi, recession

In times like these, this country more than ever needs visionary, courageous CEOs who can keep people focused on the future and give them reason to have faith in their companies.  Yes, it’s been an enormously challenging few weeks, but folks, this is the United States of America.  We survived the Great Depression, fought and liberated countries through two World Wars, and built the greatest economy on the face of the earth.  We just need leaders and all Americans to recognize this for what it is, a crisis of confidence.

One of the reasons I am writing my new book, Motivate Like a CEO (McGraw Hill, January 2009) is because now more than ever, we need leaders to step up and be leaders.  They need to keep people focused on the vision and strategy and and motivate and inspire them to keep moving toward their gaols. 

During this time of economic uncertainty when many people are growing fearful, anxious and depressed, CEOs and leaders need to be a beacon of hope in their companies.  Now is not the time to hide in long meetings with each other.   Leaders need to get out, show their faces, talk to people and reassure investors, the public, even the media.  Leaders need to keep people focused on the future and what they can do right now to keep the economy moving. 

A few CEOs are giving the title a bad name right now, those who caused this crisis should give back their ill-gotten earnings and spend some timein jail if they’ve committed crimes.   

At the same time, we have many great CEOs and leaders in this company who can help lead us out of this mess.  Now is not the time to stop doing business, but to move forward together as one nation, believing in each other and keeping the engines of commerce moving.  This will take courage on the part of every leader.

I was reading an interview with Warren Buffet a few weeks ago on CNBC http://www.cnbc.com/id/27116449 just as the credit crisis began to unfold.  Buffet takes the long view on the market:

“You know, five years from now, ten years from now, we’ll look back on this period and we’ll see that you could have made some extraordinary (stock market) buys. That doesn’t mean it won’t get more extraordinary a week or a month from now. I have no idea what the stock market is going to do next month or six months from now. I do know that the American economy, over a period of time, will do very well, and people who own a piece of it will do well.”

Now is the time when we all must believe in ourselves.  We are a great country, American business is innovative and resilient, and our economy, the strongest in the world.  

Tyler Mathisen of CNBC’s “The Call”  says they are receiving on their late morning program lots of questions about where all the leaders have gone: http://www.cnbc.com/id/27120332/site/14081545

Mathisen says, “When they have tried to speak up and lead, why haven’t they been heard? Maybe it’s because we’re all too rattled to listen. Maybe it’s because no single soul, in business or government, has the clarity of understanding to express fully what we face. Maybe it’s because none of our leaders, in public or private sectors, has the stature, the standing, the voice, the rhetorical power to break through the din.  Maybe it’s because the lawyers or the PR guys have gotten to them and said, “Go on CNBC? Now? Are you nuts?” Or maybe it’s because we’re four weeks from a Presidential election, with a lame duck president and two candidates who, like all candidates, would really rather score political points than speak clearly and sometimes uncomfortably to the people they say they want to lead.

Whatever the reason, Mathisen says it’s time for America’s leading CEOs — the Fortune 500 guys — to blow past their lawyers and handlers and get their messages to shareholders, customers, employees and the broader public.

I know they’re worried about Sarbanes Oxley. I know they’re afraid of saying something that could come back to haunt them. And I know that quite a few of them have spoken out, many on our air, and we are grateful to them. Warren Buffett, Wilbur Ross and Mike Jackson of AutoNation come to mind. But more of them need to. Many more.”

CNBC and other networks are trying to get CEOs to step up to the microphone and provide public leadership - but many are indeed avoiding the spotlight.   Companies like Fidelity, Vanguard, T Rowe Price and others  could also help calm fears in the market if they were more visible.

I can understand why CEOs don’t want to be in the hot seat publicly now, but the country needs leaders in every sector, not just financial services, to speak up and reassure the nation.  I hope they are at least meeting with their own employees letting them know we can survive and thrive if we work together.  That is real leadership — and that is what will keep this country from suffering a long, deep, painful recession.  We simply have to reject fear, and start believing in ourselves.

Economic Turbulence Requires Leaders to Communicate

Posted by Suzanne Bates on 26 Sep 2008 | Tagged as: Communication, Leadership, Politics, economic bailout, economy, executive, government

With all the turmoil in the markets this last week we started talking with some of our clients about how it’s affecting their businesses.  Stocks continued to decline today on news of the clash in Washington between the Bush administration, Republican John McCain and Democrat Baraq Obama.  http://www.boston.com/business/markets/articles/2008/09/26/wall_street_points_lower_after_gdp_revision/Our

 

Our firm got together yesterday afternoon to discuss what our role should be– in helping clients who are handling difficult communications with their employees, customers, analysts and the media. 

 

One of our clients told us yesterday that she has prepared the talking points– but isn’t at all confident her leadership can deliver the messages effectively.   Another said they have been inundated by calls and emails from concerned employees.  They are naturally anxious about the impact of the market swings and government bail-out talks; they know it may hit home in their 401 K plans, their jobs, and even the future of the company. 

 

With that in mind, I thought just to check in with any of you reading the blog and say if we can be helpful, let us know.  It can be pretty lonely to be a leader during times like these, and many leaders are feeling vulnerable themselves; you are not alone as you deal with the pressures of communicating in tough times with employees, customers, vendors, analysts and media outlets.

 

What you are dealing with is people’s feelings of vulnerability; you need to communicate very effectively to get people focused, motivated and energized, so they keep their companies moving forward. 

 

By the way there is a school of thought that volatility is a good thing for “value creation.”  If you want to look at the bright side, check out the article in Fast Company: http://www.fastcompany.com/magazine/36/ideazone.html 

 

However, while we wait to see how this all shakes out, we have to keep our companies in the black and moving forward.  One of the most important things leaders can do in these times is to remind people what their real purpose is, why it matters, and what they can do to keep the company on solid financial footing.  Leaders who are highly motivated by purpose themselves create positive momentum by attracting others who want to work with purpose and contribute to the solution.  When you have people working “on purpose” you don’t have to work so hard to manage them.  They are far less distracted by little bumps; when faced with bigger bumps they meet them head-on, knowing how important their work is to the enterprise.

 

Right now, I’m putting together an advance excerpt of the 8 principles of motivating people with communication, from my upcoming book, Motivate Like a CEO, Communicate Your Strategic Vision and Inspire People to Act! (McGraw Hill 2009).  I feel these ideas are important to share right now as companies are being buffeted by bad news. 

 

If you would like a PDF copy of this article please email Meredith O’Connor, our Marketing and Communications Director, moconnor@bates-communications.com and we’ll forward it immediately.

 

 

 

 

New CEOs: Why So Many Fail

Posted by Suzanne Bates on 26 Aug 2008 | Tagged as: CEO, Communication, Leadership, author, executive

I just read a great interview with Ram Charan on ceoforum.com.  Charan, an acclaimed management consultant and author, studied CEO succession planning, wrote about it in the Harvard Business Review and later discussed it on the CEO Forum. 

Charan found that across the corporate world, succession planning is not very sound.  That could explain why (in a study that he cites) 40% of CEOs fail in the first 18 months.

One … study found that almost half of US companies with more than $500 million dollars of annual revenue had no meaningful succession plan,” says Charan.  And when CEOs fail? ”The direct and indirect costs of this to both individual companies and the economy as a whole are simply enormous.”

Charan says any board or company that fails to put in place a decent succession plan is ignoring one of their most important responsibilities. At minimum, the board should ensure that at least two sessions a year are devoted to reviewing a minium of five potential candidates - both internal and external.

He also observes, in my view very importantly, that in preparing executives for the next big job, a classroom is not a management development program.  Executives need real experience.  ”Management training develops awareness, provides tools and resources, and helps people develop strong professional networks, but the real learning occurs on the job.”

This is such an important point that I can’t let it pass without comment.  Often our firm is asked to come in and provide a “classroom” experience for high potential executives, largely because it is perceived as good “bang for the buck.”  We have developed some very fine programs for leaders on communication strategy and skill.  While we certainly konw there is value in the classroom experience, we know that to make a lasting impact we have to work “with” the executives while they’re “on the job.” 

That’s the whole philosophy behind our executive coaching program–we work in “real time” with the leader on the projects and communication issues that are on their plate in the moment.  Over a six month or one year engagement, the executive has a partner in the process while “learning on the job.”  We can accelerate learning around leadership and communication, because they’re problem solving key issues, learning to communicate more effectively and build skill at the same time. 

Charan accurately points out that “while companies can provide the opportunity and resources to develop, development is a function of the individual, and their own motivation and capacities.”  And I think that’s why “on the job” learning in real time with the partnership of a coach provides the perfect blend of experience and training.  You know immediately who is motivated and has the capacity.  Those who are motivated have an opportunity to get something else that is rare, and essential, according to Charan - “Basically people need three things to develop: on-the-job learning, rigorous appraisal, and clear performance feedback.”

To read the article, go to: http://www.ceoforum.com.au/article-detail.cfm?cid=6172 

Executive Presentations: It Takes Time to Be Great!

Posted by Suzanne Bates on 25 Aug 2008 | Tagged as: Communication, Leadership, Presentations, author, executive, executive presence, public speaking

The great American writer and poet Ralph Waldo Emerson said,

“All the great speakers were bad speakers first.”

You didn’t become a leader overnight.  You don’t become a great speaker the first few times you get on stage, either. Don’t be afraid to invest time and effort.  It will pay off.

Presentation Zen: How to Have Visual Impact

Posted by Suzanne Bates on 16 Aug 2008 | Tagged as: Communication, Leadership, Marketing, PowerPoint, Presentations, author, executive, executive presence, public speaking

I’m wild about a brand new, beautiful, and absolutely brilliant book on how to create memorable visuals for presentations.  It’s called Presentation Zen, Simple Ideas on Presentation Design and Delivery, by Garr Reynolds (New Riders, 2008).

You only have to flip through the pages to immediately grasp Reynold’s provocative mix of inspiration and practical guidance.  As a presentation designer and internationally acclaimed communications expert, he shows how  thoughtfully designed, graceful, efficient visual imagery can make you look good as a presenter.  He has of the most popular Web sites on presentation design and delivery on the net — www.presentationzen.com.

The book is filled page after page of examples of how creativity, photos, large size font, and cool graphics can transform your PowerPoint from dull to dynamite.  Just one example - picture this - the slide on the left shows a full page photo of a runner slogging through the desert with a simple message - Less than 33% of U.S. adults are at a “healthy weight.”  Not bad.  But the slide on the right? It shows the midsection only of an overweight man grabbing his belly fat, with the caption in large print: 66% of Americans are obsese or overweight; below that a simple chart on the numbers of all adults, women and men.  It’s so much more memorable!

Presentation Zen: Simple Ideas on Presentation Design and Delivery (Voices That Matter)

Garr Reynolds is a writer, designer and musician who currently holds the position of  Associate Professor of Management at Kansai Gaidai University in Japan. http://www.kansaigaidai.ac.jp/asp/

 Hence, his zen-way of seeing things.

His real message: Simplicity Rules.

How good is it?  Seth Godin  http://www.sethgodin.com/sg/ the marketing guru of gurus quips, “Please don’t buy this book! Once people start making better presentations, mine won’t look so good.”

 

 

CEO Speeches: Cathie Black’s Memorable Line

Posted by Suzanne Bates on 08 Aug 2008 | Tagged as: CEO, Communication, Presentations, author, executive, public speaking, publishing

Media mogul Cathie Black, president of Hearst Magazines (Cosmopolitan, Esquire, Harper’s Bazaar and O), www.hearst.com  spoke to the same New York conference I mentioned in an earlier post — the National Speaker’s Association www.nsaspeaker.org.  Her closing keynote was a light, breezy affair, where she shared a few tales from her guide to career and life, Basic Black (Crown Business 2007) available at www.amazon.com  

 While she didn’t win a lot of points for her presentation style ( virtually glued to a script that by now you’d think she’d have memorized) — she connected with  her charm and earnest advice. 

It’s funny, but something (Cathie Black) said stuck with me.  While it is now Friday afternoon, and her speech waas on Monday morning, it’s still in my head:

“Happiness has more to do with success, than success has to do with happiness.”

Now whether you agree, or whether you think it’s a little too sentimental, the point is this — it’s memorable.  And for every speaker, that’s one of the tests - if your audience can remember it hours or days later, the message has staying power.  Try it out.  Test a message - on your own staff - and see if they remember it the next time you get together.

As you probably know, Black was one of the first women to take a major role in American magazine and newspaper publishing. She came to Hearst by way of New York magazine, where she was the first woman publisher of a weekly consumer magazine, and USA Today, which she helped build from a small upstart into one of the country’s most widely read daily papers.

So she’s no stranger to the world of words - and we can all take a page out of her book.  Don’t be afraid to keep the message simple.  

Executive Presence in the person of Steve Forbes

Posted by Suzanne Bates on 06 Aug 2008 | Tagged as: Communication, Leadership, Politics, Presentations, economy, executive, executive presence, government, public speaking

This weekend at the National Speakers Association convention in New York, www.nsaspeaker.org Steve Forbes took the stage.  He had 1,800 professional speakers on the edge of their seats as he shared his insights about the future of the US economy.  Forbes, President and CEO of Forbes, and Editor-in-Chief of Forbes Magazine, www.forbes.com as well as a former Republican candidate for President, can actually be a little awkward on stage, yet people who get paid a lot of money to speak to corporate audiences were mezmerized; in a room full of people who love to talk, you could hear a pin drop.  Why?  Forbes was funny and smart –he made economics accessible to all.  And, even more important he told us things we really really didn’t know. 

What’s the real state of the US economy?  Not bad at all!  But don’t ask the media, says Forbes.  They would rather stand in front of a gas pump talking about $4 a gallon gas than actually do research on the the dry stuff that matters, like US monetary policy. And he’s right. (Full disclosure, as many of you know, I was a reporter for 20 years.  I know how it really works.)

Forbes spoke eloquently about the real drivers of our economy, and I was convinced after he spoke–we still have the largest most resilient economy in the world.  He pointed out that as voters we’d better start asking better questions of the people running for office. For example, how will they approach monetary policy?  Because according to Forbes, it wasn’t oil companies or mortgage lenders that brought this on, but by the Fed, which four years ago, and again last year, started printing money like there was no tomorrow.  In an overreaction to the credit crisis, both times, it did more harm than good.

But back to executive presence.  What makes Forbes so powerful on stage?  Wit, intelligence, and the ability to explain something that dry and dull and make it fascinating.  What else did we like about him?  Smart as he is, he didn’t swagger onto the stage or lord his fortune or his smarts over us.  He was hilarious really, as well as respectful.  He treated his audience as the intelligent citizens they want to be. 

Something else– he obviously wasn’t reading someone else’s talking points.  He walked away from the podium five minutes in, and stood center stage for the better part of an hour, speaking eloquently.  If you’ve seen him speak, you know that sometimes his gestures seem slightly out of sync with his message.  Yet he transitioned beautifully from gas prices to the mortage crisis, tax policy to monetary policy, government to politics, all without notes.  He even threw in several funny lines about the speaker who had immediately preceded him on stage.  That’s confidence.  

You also can’t argue with Forbes success, even if he did inherit the company started by his grandfather.  Forbes is still on the cutting edge.  In 1977 they entered the new media arena with the launch of Forbes.com. The site now attracts over seven million unique visitors a month and has become the leading destination site for business decision-makers and investors.

For a copy of his speech, contact the National Speakers Association at www.nsaspeaker.org - I highly recommend you watch it, and take notes.