This blog assumes that blind spots of power come with the CEO role no matter how good or true or well-intended you are. You can't afford to have them. So I give reminders of what I have seen in my experience to help you see. Or try to see. Monday morning practical tips will help you sharpen up and see what tweaks you and your blind spot. A little whack on the side of the head with your Monday morning coffee.

Monday, June 17, 2013



              YOU --NOT THE BUDGET--SET THE SPENDING THERMOSTAT FOR YOUR COMPANY 


It is the rare CEO who treats his budget and expense account exactly as she or he would a budget at home.  Most of you remember the thrill of your first company car or the initial first class flight with the sense of undeserved abundance or well earned perk.  But it quickly becomes second nature and money is easily spent without the kind of twinge that happens when you do personal spending.  The comfort and ease become habitual. The bottles of wine become better quality.  The meeting sites get more luxurious.  Everyone gets unspoken permission for spending creep.

  It's repugnant to police people.  Especially peers. Don't.  This is the supreme walk the talk moment.  How you spend, the company spends.  How you spend is shared and gossiped about.  How you spend decides if you have a caste or class based company. 

Simply assume there is a YouTube video watching you spend company money.
What would you immediately do differently?


  



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