As we all recover from a holiday weekend and bemoan the excesses of extreme socialization, the thoughts of many now are focusing on the “New Year.”
A tradition many executives have is to make their “resolution list.” The promises they make to themselves to be adhered to “absolutely.”
I was with a CEO recently who was showing me his list. I noted that it was dated 1999 and with multiple write over…when the obvious question was asked, the response was “still haven’t finished.”
As the intensity of the global recession recedes, and a collective cautious breath is taken in the hopes that the worst may be over, DPC thought it would be helpful to do a quick “Pulse Survey” of CEO’s regarding their commercial resolutions for 2012.
We had over 20 responses and there are emerging trends the top 5 of which are herein listed.
- Understand Social Media - Many CEO’s acknowledge they do not understand nor appreciate this phenomenon. This lack of awareness prompted expressions ranging from, “it makes me feel out of touch” to “old.”
- Increase External Awareness – Many CEO’s have felt that during the recession they were “too heads down,” and “unaware of what’s new.” One CEO stated regarding external trends “unless it was on CNBC I missed it.” The desire to end the information hibernation was expressed.
- Global Mindset – The refrain communicated most was “It is hard to keep track of the dynamics.” There were specific references to the Euro crisis by domestic CEO’s and the “political crisis” in the US by rest of world executives. The objective of those sampled was to “understand better” to be “less reactive.”
- Accountability – CEOs indicated that “shared accountability” has suffered during the recession due to “competitiveness” and “paranoia.” One CEO stated the desire “I want to put a stop to the mentality of ‘for someone to win, someone has to lose.’”
- Pace – This observation was DPC’s biggest surprise. The focus on pace of life and work, and the desire for more balance were credited to the “new worker.” “They have the right idea1” A number of CEOs communicated that the need for enterprise flexibility in dealing with Succession and Continuity Planning is “high on the list.”
Our expectation is that the 2012 list will not be the 2022 list!
The above list is symptomatic of the reflection we have seen in our clients during the year promoting the mentality of “not only do I need to do things well, I need to think about life beyond my office” as well as “a different way of working inside.”
On behalf of Discussion Partner Collaborative and our Affiliates, our best wishes for a prosperous 2012!