10/14/17

Principles and practices – CEO Shoptalk

Principles, Big Red Car? How about a Texas v Oklahoma prediction instead?

Big Red Car here on a cloudy Saturday waiting for the Texas v Oklahoma football game to start. We light it up at 2:30 PM Texas time.

I used to go to the game in Dallas for about a third of a century. Then #1 son took his show on the road and I stopped going. Sigh.

Now, I am going to watch it on the telly. But, I can get snacks all the time. Unlimited beef jerky, the thick kind. Also, Orangina. Lots of orangina.

So, today we talk about the way a CEO guides their company to the Promised Land. The Promised Land is a self-defined concept, but it is whatever you want it to be.

We talked about the difference between firings and layoffs last week.

Layoffs — CEO Shoptalk

Firing People — CEO Shoptalk

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10/11/17

Layoffs — CEO Shoptalk

Layoffs are never fun. Here’s how to think about and do it.

So, it is gorgeous in the ATX — high 0f 78F, currently sunny and 67F. On Earth as it is in Texas! A day to eat outside.

So, we spoke earlier about firing folks for cause, remember?

Firing People — CEO Shoptalk

Today, we follow up on that by talking about layoffs. Layoffs are “not for cause” terminations, while firing people is “for cause.” Know the distinction. Either way, it is a hard day at Slippery Rock when you have to fire or layoff folks.

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10/4/17

Firing People — CEO Shoptalk

Firing people and laying folks off is a hard day. Here are some thoughts on how to do it.

Big Red Car here on a cloudy, but soon to be sunny, day in the ATX, God’s country. On Earth as it is in Texas! Muggy today.

So, a CEO has a series of things she struggles with. We talked about that right here:

CEOs — Doing Tough Things Shoptalk

One of those things is terminating employment either by firing someone (for cause) or laying someone off (not for cause).

They are both difficult to do. Here’s some thoughts on the subject.

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09/28/17

Critique — CEO Shoptalk

Everybody needs a good critique, right? Ahhh, criticism is the breakfast of champions, no?

Big Red Car here on a cloudy Texas day. Only going to be in the low 80s today. Time to start thinking about the swimming pool, eh? Haha, Hell no. Swimming today, y’all.

So when you’re a CEO you will receive and give critiques. Makes sense, no? Performance appraisal — feedback — is the breakfast of champions.

Today, I want to get your mind right about how to receive this when it is you being critiqued. Ready?

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09/12/17

Editing for CEOs — CEO Shoptalk

Editing for CEOs, Big Red Car? Huh?

Big Red Car here on a perfect Austin By God Texas morning, y’all. Day for a long run with the top down in the 70F weather? Indeed!

OK, today, we talk about editing in the context of finally getting you to commit to writing the Strategy for your company, dear CEO. Just a first draft.

That is Strategy in the Vision, Mission, Strategy, Tactics, Objectives, Values, Culture continuum with a side of crawl, walk, run. Whew! That is a mouthful.

Nothing is done until it is done and that means you have to edit it. So what exactly does that mean?

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09/2/17

Strategy — First Draft

Strategy — let’s get you writing that First Draft, shall we? First, let’s figure out where it fits.

Big Red Car here on a sunny, dry ATX morning. Sun is shining, but it is cool. Maybe the summer is over? Haha, you’re so silly. This is Texas. Summer doesn’t end until October 23.

OK, so I keep getting folks who don’t get where Strategy fits into the Vision, Mission, Strategy, Tactics, Objectives, Values, Culture continuum.

I want to help y’all, so I made a picture of it for you.  Continue reading

08/30/17

Entrepreneurial Energy — CEO Shoptalk

Entrepreneurial energy, Big Red Car? What is that?

Stay with me, beloved readers, all in due time.

Big Red Car here in the ATX in the aftermath of Hurricane Harvey — son-of-a-bitch. Fifty inches of rain?

Lots of leaves in the swimming pool, lot of rain, trees down in the hood, the ATX endured nothing compared to the Coast and Houston. God bless Port A, Rockport, Corpus Christi, Houston. It will be a long recovery, but this is Texas and Texas will recover.

I particularly want to compliment Mayor Turner of Houston (all mayors), Governor Abbott, President Trump, the Texas National Guard, the Cajun Navy, and everyone who got wet in Houston serving their fellow man. Y’all are what makes Texas Texas.

Good luck, Godspeed, God bless Texas!

So, entrepreneurial energy, what is it?

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08/25/17

Writing Strategy — CEO Shoptalk

How does a new CEO write Strategy? First, she gets her mind right. Here’s how.

Big Red Car here expecting Hurricane Harvey this weekend. Likely won’t get to the ATX until Tuesday. Whoa, Nellie!

Pray for those along the Gulf Coast who will be dealing with the first hurricane to hit Texas since Ike in 2008. Governor Abbott has already designated thirty Texas coastal counties as disaster areas. The Feds are already pouring into the fray. Well played, FEMA.

So, the Big Red Car is constantly talking to CEOs about their Strategy — the Strategy for their company. It is, sometimes, a confusing and disjointed talk.

We see CEOs having no problem with Vision and Mission, but the second it turns to documenting their Strategy, things go haywire.

The objective today is to get you in the right frame of mind to write your Strategy. Not to write it, but just get into the right frame of mind to be able to write it.

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08/6/17

Heads Up — CEO Shoptalk

Heads Up, Big Red Car? Really?

Big Red Car here on a muggy Sunday morning which is a little gray. We get the cooler temps in return for the grayness. Fair trade?

So, the Big Red Car, has spent the last couple of hours removing cast iron sinks from black granite countertops in anticipation of new countertops — Carrara marble — on Wednesday!

[Big Red Car’s vision of Hell is removing cast iron sinks (weigh 400 lbs) with a plastic putty knife and spit, bare hands.]

But, that’s not what we want to talk about, is it?

No, we want to talk about a CEO with his head down working his butt off. [You may re-gender the “his” to “her” at your leisure.]

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08/2/17

Flying Solo — For CEOs Only, CEO Shoptalk

Flying solo, Big Red Car? Where did that come from?

Big Red Car here on a cool and gray ATX day. Only getting to 88F today, downright cool. Hot tub tonight for the BRC? Hell, yes!

OK, so there are a number of analogies between flying airplanes and startups — takeoff, reaching cruise, landing. Startup, scale, exit?

One of the most apt analogies is the idea of FLYING SOLO.

Me, the Big Red Car, and the Bonanza with the cross country tip tanks hanging talking aviation v startup mojo. Yeah, I’m looking pretty damn RED.

In life, one doesn’t receive power, one TAKES power. Think about that for a second. Flying solo is about taking power.

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