Published on
February 9, 2023
As a CEO, your schedule is packed with endless meetings, leaving little room for personal work, thought, and reflection. Most of these meetings are internal, aimed at getting projects back on track, making decisions, and fostering focus. As your company grows, the workload only increases, and you find yourself drowning in decision-making tasks. But what if we told you that there is a solution to this problem, and it doesn't involve adding more meetings to your schedule?
What you need is a system that helps your team think, act, and decide in the same way you do. This is not about creating clones but rather giving your team access to what you have more than anyone else: context.
Context is key to effective decision-making, and it's why well-intentioned, smart, and capable team members sometimes lose focus or go off-track. They don't have the full picture of the business, and as the CEO, it's your job to provide that context.
To ensure your team is aligned with the vision, mission, values, and priorities of your company, it's important to create a content repository that staff can refer to at any time. This can be in the form of written articles, short videos, podcasts, or any other medium that works best for you.
During onboarding, new staff should receive a full origin story and an overview of the company's vision, mission, values, etc. Regular refreshers of this information, such as quarterly or monthly All-Hands meetings, can keep your team aligned and connected to the overall context of the business.
Objectives and Key Results (OKRs) can also help connect current projects to the overall vision and mission, but they are not a one-size-fits-all solution. We have seen a 50/50 success rate with OKRs across the companies we work with.
As a CEO, you can impact each material project directly by adopting a barbell approach. Get involved at the start to align the project with the overall context of the business, and show up again at the end to determine if the goals have been achieved. Stay out of the messy middle.
A final word of caution: CEOs carry a big megaphone, and if you share musings about new, long-term possibilities that are not part of the company's current operations with your team, it will become their focus. Ensure your communication aligns with the overall vision, mission, values, and priorities of the company.
In conclusion, providing context and aligning your team with the company's vision, mission, values, and priorities is key to ensuring effective decision-making and avoiding the dilemma of balancing meetings and reflection. With the right system in place, you can free up time for personal work, thought, and reflection, and lead your company to success.
Need help or assistance? Our team is standing by to make sure you get the help you need. Whether you need to grow or exit your business, we're ready to help!
