One of the most important tasks of corporate coaching is to help CEO clients ask the right questions.
People in these leadership positions often need to step back from the day-to-day operations of the company and think a few steps ahead. Weaknesses and strengths need to be fully determined. Potential obstacles need to be known and prepared for. Opportunities need to be identified and fully leveraged.
It’s time to look ahead at what may be in store for your company.
To do that, you may want to ask yourself these 4 critical questions:
1. What Future Economic and Geopolitical Issues May Affect Your Business?
Companies don’t live in a void. World events, even if physically on the other side of the globe, may have a direct impact on a company’s operations.
CEOs may need to ask themselves how current economic and geopolitical events could impose certain obstacles and vulnerabilities on the company. Then, it’s worth reviewing the company’s growth plan to determine how these vulnerabilities may (or may not) slow it down.
2. How Does the Company Plan to Improve Its Diversity and Inclusion?
Young workers (Gen Z and Millennials) are known for having a very low tolerance for a lack of diversity and inclusion in the workplace. Companies across the board are facing increased pressure to tackle these issues head-on.
The task cannot be postponed anymore. Becoming a more inclusive, diverse, and even sustainable company is one of the best ways for companies to attract qualified talent and retain them.
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3. What’s Going on in the Company’s Market?
There are world events and market events. CEOs will need to examine their industry closely and identify growing trends and moments that can be leveraged.
4. Has the Company Transformed Enough Since the Pandemic?
The scars of the COVID-19 pandemic are still quite visible. Many businesses have found themselves able to make rapid changes out of necessity, from transferring their workforce to a remote work model to even drastically changing their operations to accommodate the new reality of lockdowns.
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How Can You Answer These Questions?
A corporate coach may help CEOs and executives tackle the questions CEOs should ask and make more sense of the noise, but very broadly, your job at hand is to:
- Gather data.
- Analyze.
- Plan.
These are the steps one needs to take to effectively take their business further.
Creator of the KASHBOX: Knowledge, Attitude, Skills, Habits
Helping You Realize Your Potential
I help people discover their potential, expand and develop the skills and attitudes necessary to achieve a higher degree of personal and professional success and create a plan that enables them to balance the profit motives of their business with the personal motives of their lives.
