Where do you focus to build a strong company?

A company has just hired a new CEO. Historically the company has focused on high quality and good customer service but has lacked good financial management and has experienced financial difficulties. As a result, they could not support their staffing needs. Where do you focus to build a strong company?

Critical areas where the CEO should focus are quality, customer service, financial soundness.

How do you achieve or maintain focus on these areas? Maintain existing strengths and build a sound financial management department and systems.

What other important factors should be the CEO’s focus? Ethics, sustainable business practices and an enjoyable workplace with balance between the critical factors noted above.

May your business prosper. More detail on this topic at https://ceo2ceos.com/2022/04/where-do-you-focus-to-build-a-strong-company-four-considerations

Paul Mailhot

B2B Industrial Marketing Writer

2y

It seems a problem of insufficient Sales or excessive Expenditures Assuming Sales levels are reasonably good, determine where funds are applied and how the business benefits If expenditures seem reasonable there might be sales and/or marketing problems Cheers, Paul

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