The
Rhode Island
CEO Council
Increasing Business Performance, Economic Growth, and Quality of Life in Rhode Island
Big Challenges, Deep Wisdom, Better Results
A
The CEO of a growing, multi-state retailer was planning a bold move to transform the business. However
his executive team and investors had expressed serious concerns
about timing, cost, cultural impact, and potentially negative impact
on EBITDA. The CEO presented this to the members of his Accel
Advisory Board; they asked
deep questions, identified potential blind spots, and offered
several practical ideas and some invaluable strategic advice. After
some follow-up calls with members of his Accel Advisory Board to
clarify the the advice he has received, the CEO put together a
strategic plan that gained the support of his executive team and
investors; he then communicated the changes to the company's
employees in a way that created a breakthrough in mindsets and
behaviors. The result was a positive change in the company
culture, a significant increase in employee engagement, and the
desired impact on EBlTDA – making the new strategy a major success.
B
The CEO of manufacturer of consumer and business products
was planning to replace a long-time distributer in Asia with a
newly-formed, company-owned distributer. He brought this to his
Accel Advisory Board requesting ideas on how he could make this
change without the current distributor
becoming a competitive threat. Questions were asked and insightful ideas were generated which
were used to refine the original plan.
The new plan was then implemented and resulted in higher than planned revenues, no lost customers, and a
civil business relationship with the former Asian distributor.
C
The CEO of an manufacturer of electronic
equipment
was facing a decision of whether to go down-scale on a high-end consumer product or stay high-end.
Using the DeepDive™ process, the members of his Accel Advisory Board helped him contrast the pros and cons of
each option and identify the data and research he would need to make the best decision. The outcome was a
clear cut, well thought through decision that the CEO worked through with his leadership team and consequently
resulted in quickly achieving desired revenue goals.
D
The CEO of an exceptional fast growth software and IT services company asked her
Accel Advisory Board for their ideas
on how to set “nesting” performance metrics so leaders would focus on “big rocks” versus “sand.” The
Accel Advisory Board members
shared various models and experience they had used to deal with this issue
and provide specific suggestions that might work in the CEOs company. The CEO then created
new "nested" metrics that helped her
leaders sort out the urgent from the important.
CEO Wisdom Exchange Accel Advisory Board Leadership Mastery Coaching Membership Overview