Advice for CEOs

Middle-market companies tread a treacherous path. Improvement is imperative to growth and success, but how do you improve? A Newport Board Group partner recently quipped:

It’s hard to review any news report today and not find references to “disruption” or “new age of…” or “transformation”. Reports of those who were on the wrong side of change are all too common, while those seemingly few on the right side of change gather fortunes in no time at all. It’s enough to make you wonder if the concept of “business as usual” is a relic of the past. Perhaps it is. Many business owners and leaders struggle with this question every day. While these issues are real for all types of business, middle-market businesses are especially vulnerable to rapid changes in the business environment. The good news is that help is available – regardless of the size of your business. Today we will take a look at how your business can prepare for the future, and not be trapped by business as usual, through a 5-point review of your business. These five points are the result of the experience that I, and others at Newport Board Group, have gained in our efforts to help middle-market businesses adapt to, and thrive in, an ever-changing environment.

Going global can provide exponential growth for your business, but it is not for the faint hearted.