Is Your Company Ready for a COO? Employee Purpose and the Case for Hiring One

HI! HERE ARE SOME INSIGHTS FROM MY PRACTICE DURING THE LAST MONTH THAT I WANTED TO SHARE WITH YOU:

Is your company ready for a Chief Operating Officer? As my clients grow they frequently reach a point where someone in the organization needs to be able to translate the CEO's three-to-five-year vision into specific yearly outcomes. These companies often struggle both to define success in the role and to find someone to fill it. One way to crawl/walk/run is to start with a contract COO, whose initial job is to develop the information systems, structure, and measurable organizational outcomes needed to continue growing. If this sounds like your organization, let's discuss how to make this work in your company.

EMPLOYEE ENGAGEMENT

'People who live their purpose at work are more productive than people who do not. They are also healthier, more resilient, and more likely to stay at the company.' The McKinsey and Co article 'Help your employees find purpose — or watch them leave' highlights the importance of CEOs spending more time addressing foundational issues of purpose and identity so that employees and potential new hires are clear on the company's vision and values.

AND ON A PERSONAL NOTE

In late January I joined a group of former neighbors (and long-time friends) for our 3rd annual Whitefish, MT ski trip, and it did not disappoint. Seven past-middle-aged men spent 4 days skiing, enjoying fine local cuisine, and consuming far too many adult beverages. We were blessed with fresh snowfall the last 2 days of the trip and the powder skiing was exhilarating. Whitefish Lake makes for some breathtaking scenery.

If any of this resonates, feel free to reach out.