Lecture Notes: The Six Roles of a CEO and Strategic Planning

Introduction

• Speaker: Anthony Taylor, Managing Partner at SME Strategy.
• Topic: The six roles of a CEO and how strategic planning helps.
• Focus: Balancing strategic and operational responsibilities.

CEO Roles

1. Company Strategy

   • Lead company strategy, create long-term vision.
   • Set motivating goals and allocate resources.
   • Importance of clear strategic planning for direction.

2. Leading the Leadership Team

   • Improve team collaboration and decision-making.
   • Key decisions on hiring and structuring the team.
   • Develop management processes to drive vision.

3. Aligning the Organization

   • Align team, culture, and values with the company vision.
   • Shape company culture through modeled values and behaviors.
   • Importance of organizational design.

4. Being the Face of the Company

   • Represent the company to the public and stakeholders.
   • Importance of communication and strategic planning for public image.

5. Relationship with the Board

   • Build partnerships and support the board.
   • Clear performance metrics and strategic priorities.
   • Importance of clear communication with the board.

6. Personal Working Norms

   • Manage time and energy to avoid overwhelm.
   • Balance strategic and operational tasks effectively.
   • Use strategic planning to manage workload and focus.

Strategic Planning Benefits

• Helps CEOs manage their roles effectively.
• Creates clarity in communication and direction.
• Supports team collaboration and strategic alignment.
• Provides structure for decision-making and leadership.

Conclusion

• Choose an area to focus on and improve in the next month.
• Strategic planning is key to performing effectively as a CEO.
• SME Strategy offers support through strategic alignment and implementation programs.
• Contact SME Strategy for guidance in strategic planning.