How to Get Better Performance, People, and Profits in the New Business Era
1. Strategy without action
- A lot of CEOs spend a lot of money on strategy sessions, but they don’t follow through on them. Without disciplined execution, a great plan is useless. Companies that win make strategy a part of their daily lives and performance reviews.
2. Leading in a crisis vs. staying calm
- It costs a lot to be a reactive leader. CEOs who panic when things go wrong lose trust. The best leaders make plans for how to stay calm and build strong teams that can work under stress.
3. The Silo Mentality
- Innovation dies when departments work alone. When marketing, sales, HR, and operations all share data, goals, and KPIs, real growth happens. Culture eats strategy for breakfast.
4. Digital Transformation Without Getting People on the Same Page
- If people don’t want to use new technology, it won’t make things better. Future-ready CEOs don’t just upgrade IT; they also change the way people think about technology.
5. Motivational training with no return on investment
- A lot of businesses hold motivational events but don’t follow up. CEOs need to ask for measurable results, like changes in behavior, productivity, and performance.
6. Low ability of middle management
- Middle managers often get in the way of or change strategy from above. It’s no longer optional to teach frontline leaders how to talk to people, coach them, and get things done.
7. Losing talent and employees not being engaged
- There is such a thing as quiet quitting. Top CEOs care about more than just their pay. They don’t just write job descriptions; they make work meaningful.
8. No Planning for the Future
- A lot of Indonesian businesses don’t have any future leaders. Training people from within to take over ensures that the culture stays the same and that performance stays high in the future.
9. A culture of blame
- A toxic workplace where workers hide their mistakes slows down new ideas. CEOs need to make sure that performance reviews are safe for people’s minds and focused on learning.
10. Not enough coaching and follow-up
- Without follow-up, workshops don’t work. CEOs should ask for coaching systems and tracking tools to make sure that what people learn turns into action.
Johanes Lim, PhD, CPC, CHt (林泰義)
Financial Doctor and Turnaround Specialist for Family Businesses and The BOD Forum Across ASEAN
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