The CEO Project Podcast

Jim Schleckser
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Aug 27, 2023 • 37min

Leadership, Yourself, Your Team, and Your Company

In this episode of the Lazy CEO Podcast, host Jim Schleckser interviews Dave Mitchell, an expert in leadership and founder of Leadership Difference. The conversation revolves around leadership, understanding oneself, understanding others, and creating a positive organizational culture. Here's a summary of the key points discussed: 1. Defining Leadership and Self-awareness: Dave Mitchell emphasizes that leadership is contextual and situational. The ability to inspire diverse groups of people toward a shared goal is a defining characteristic of leadership. Self-awareness is crucial for leaders, but being aware of one's toxic behaviors without addressing them can still lead to ineffective leadership. 2. Adaptability and Flexibility: Leaders must be adaptable to different contexts and situations, as a leadership approach that works well in one scenario might not be effective in another. Effective leaders adjust their behaviors to meet the needs of their team and situation without sacrificing core integrity. 3. Understanding Others: Dave discusses the importance of understanding the attributes of different team members. He introduces his own assessment system that assigns individuals to different personality types inspired by iconic Hollywood movie characters. This system helps leaders better understand their team members and bridge differences. 4. Organizational Culture: Dave's recent book "CULTURE - Performance, Peak Performance, and Place" focuses on understanding and engaging with organizational culture. He discusses the five key metrics for evaluating and shaping organizational culture: Horizontal Alignment, Vertical Alignment, Employee Experience, Customer Experience, and Leadership Ideology. 5. Vertical Alignment: This involves ensuring that the organization's core ideology aligns with marketplace demands and success metrics. It ensures that the organization's values resonate with customers and employees. 6. Horizontal Alignment: This focuses on creating consistency between an organization's core ideology and its practices, policies, and processes. It's about embedding the organization's values in all aspects of its operations. 7. Employee Experience: A positive employee experience is crucial for delivering a great customer experience. Leaders need to create an environment where employees can thrive and contribute to the organization's success. 8. Customer Experience: A strong employee experience leads to a better customer experience. Organizations need to focus on aligning their culture with their customer's needs. 9. Leadership Ideology: Leaders need to bridge the gap between those at the top of the hierarchy and those on the front lines. Open channels of communication and feedback ensure that leadership decisions are grounded in real-world knowledge. Overall, the podcast discussion emphasizes the importance of self-awareness, adaptability, understanding others, and intentionally shaping organizational culture for successful leadership and organizational performance.
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Aug 20, 2023 • 39min

CEO Project Advisors Discuss Todays CEO Struggles

In this episode of The Lazy CEO Podcast, host Jim Schleckser discusses various topics related to leadership, growth, and challenges faced by CEOs. He is joined by his partners, Pam Singleton and Julie Walker, who are experts in advising CEOs and working with executive teams. They engage in a conversation about the obstacles CEOs commonly encounter and strategies to overcome them. The conversation touches on several key points: 1. CEO Succession Planning: Pam emphasizes the importance of CEO succession planning. Many CEOs fail to consider who would replace them in the event of unforeseen circumstances. The emotional attachment to the company and the fear of relinquishing power often hinder the planning process. However, grooming potential successors and having a strong bench strength is vital for long-term stability. 2. Middle Management Development: Julie discusses the significance of building strong middle management. This layer of leadership often gets overlooked, but it plays a crucial role in the organization. Investing in middle management development, coaching, and giving them opportunities to grow helps ensure a strong foundation for organizational success. 3. Navigating External Disruptors: The discussion also focuses on how CEOs need to adapt to external disruptions, especially those related to technology. Embracing technologies like AI can lead to enhanced productivity and efficiency. The conversation emphasizes the importance of CEOs leading this transition and fostering a culture of innovation. 4. Accountability and Hiring Decisions: The partners emphasize the challenges of holding executives accountable and making wise hiring decisions. They discuss how to identify individuals who are both skilled and culturally aligned with the company. They also highlight the pitfalls of hiring based solely on impressive resumes and titles, emphasizing the need to assess practical skills and alignment with the company's culture. 5. Hiring Process and Mistakes: The conversation delves into the hiring process and common mistakes made by CEOs. The partners suggest that CEOs need to understand the difference between skill and will—both technical competence and a genuine desire to perform the job effectively. The importance of an outcomes-based job description and the distinction between sales and marketing roles are also explored. 6. Handling Difficult Decisions: Addressing difficult decisions, such as terminating an underperforming executive, is another topic discussed. CEOs are encouraged to address these issues promptly rather than letting them fester. Learning from these experiences is crucial for growth and future decision-making. Throughout the podcast, the hosts provide insights and practical advice for CEOs seeking to overcome challenges, build strong leadership teams, and foster sustainable growth within their organizations.
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Aug 13, 2023 • 36min

Navigating Change and Uncertainty In the Workplace

On an episode of "The Lazy CEO Podcast," host Jim Schleckser welcomes April Rinne, author of the book "Flux: 8 Superpowers for Thriving in Constant Change." Rinne is introduced as a globalist and futurist with a diverse background. She discusses her book and its focus on embracing and thriving in a world of continuous and unpredictable change. Rinne explains that change has always been present, but in the modern era, technology has increased our awareness of change, leading to heightened anxiety. She emphasizes the importance of developing a "Fluxx mindset," which views all change, even challenging change, as an opportunity for growth. Rinne contrasts this with a fixed mindset that resists change. The discussion turns to the role of culture in shaping attitudes toward change. Rinne points out that cultures differ in their approaches to change, whether individualistic or collectivist. She also discusses how trust is crucial in dealing with change and cites examples from her research on different cultural perspectives on trust. The conversation shifts to how leaders can foster a culture that embraces change. Rinne stresses the need for leaders to start with themselves, being open to change, and modeling the desired behavior. She introduces the concept of "cognitive trust" (reliability) and "emotional trust" (caring for one another), highlighting the importance of building both types of trust within an organization. The podcast hosts explore the idea of vulnerability as a key element in building trust and creating a safe space for dealing with change. Rinne emphasizes that leaders must be willing to admit mistakes and vulnerabilities, which can increase trust and foster a culture of open communication. The episode concludes with a discussion of the leadership qualities needed in a rapidly changing world. Rinne highlights the importance of comfort with ambiguity and a tolerance for uncertainty, stressing that acknowledging one's limitations and not having all the answers is an essential aspect of effective leadership in a world of constant change.
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Aug 6, 2023 • 44min

Never Lose an Employee Again

In this episode of The Lazy CEO Podcast, host Jim Schleckser welcomes Joey Coleman, Chief Experience Composer of Design Symphony, as his guest. Joey is a renowned speaker and influencer in the areas of customer and employee experience. They discuss Joey's first book, "Never Lose a Customer Again," which emphasizes the importance of paying attention to customers after they become clients. He explains that 20 to 70% of new customers may leave before their 100-day anniversary, highlighting the need for a strong customer experience. Joey then introduces his latest book, focusing on employee experience. He believes that a great customer experience is only possible with a great employee experience, as employees are the ones delivering the service. The conversation delves into the challenges of employee disengagement, which Gallup's recent research reveals to be as high as 77%. The key focus of the discussion is on the first 100 days of an employee's journey in an organization. Joey emphasizes the importance of creating a positive and engaging experience during this period to improve retention rates. He outlines an eight-phase employee journey framework, starting with the "Assess" phase, where prospective employees decide whether to join an organization and the organization determines the fit. The subsequent "Accept" phase involves extending the job offer in a way that makes candidates feel excited about their future with the company. The conversation touches on the critical "Affirm" phase, addressing new hires' remorse and the doubts that can arise after accepting a job offer. Joey stresses the need for continuous communication and support during this stage to alleviate any uncertainty and make the employees feel valued. The remaining phases of the employee journey involve "Activate" (onboarding), "Adapt" (helping employees acclimate to the culture), "Accomplish" (setting employees up for success), "Advocate" (encouraging them to become advocates for the company), and finally, "Ambassador" (creating raving fan employees who spread positive word-of-mouth). Joey highlights that employee experience should be an ongoing focus, with leaders continuously striving to improve and engage their workforce. They discuss the importance of aligning employee and customer experiences and how embracing the true nature of the modern workforce, which is often temporary or short-term, can lead to better hiring decisions and stronger employee commitment. The episode concludes with insights into how emotions play a crucial role in interactions with customers, employees, and all relationships in general. They agree that prioritizing personal and emotional connection in all interactions is key to building successful and meaningful relationships.
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Jul 30, 2023 • 38min

5 Steps To Growing Your Leadership Empathy

In this episode of The Lazy CEO Podcast, host Jim Schleckser welcomes Rob Volpe, author of the book "Tell Me More About That." The discussion centers around empathy, a crucial trait for great leaders. The podcast explores how empathy is often misunderstood and considered a soft skill that leaders might struggle with. However, Rob highlights that empathy is about connecting with another person's perspective or feelings as they experience them to foster better understanding and relationships. The conversation revolves around the five elements of empathy that can help leaders develop this essential skill. The first element is dismantling judgment, which involves recognizing and overcoming biases and preconceived notions. Rob encourages self-awareness and practicing curiosity to understand where judgments originate. He suggests keeping a judgment journal to become more aware of biases and stereotypes. The second element is asking good questions. Leaders should employ open-ended, exploratory questions to gain deeper insights into people's perspectives and feelings. Rob advises reframing questions using "who, what, where, when, and how" instead of "why," as "why" can put people on the defensive. Next, the podcast explores the importance of active listening. Active listening involves giving someone undivided attention, understanding both the spoken and unspoken aspects of communication. Leaders should pay attention to body language and context to comprehend the complete message being conveyed. The fourth element is integrating into understanding. Rob clarifies that empathy does not require sacrificing one's own perspective but rather making room for others' viewpoints. He shares an exercise called the ice cream exercise, where individuals find common ground by discussing their favorite ice cream flavors. Lastly, Rob emphasizes the significance of empathy in leadership, enhancing employee loyalty, a sense of belonging, and fostering innovation. Leaders can incorporate empathy into their decision-making process as a valuable data point that strengthens their leadership skills. Overall, the episode highlights the importance of empathy in leadership and provides practical steps for developing this essential skill. By dismantling judgment, asking good questions, engaging in active listening, integrating into understanding, and applying empathy effectively, leaders can create a more empathetic and effective work environment.
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Jul 23, 2023 • 37min

Peer Group Pros Discuss the Benefits of CEO Peer Groups

The Lazy CEO Podcast welcomes Jim Schleckser, the host and founder of the CEO Project, and his guest, John Wilson, who runs the CEO Global Network in Toronto. Both have been coaching CEOs for many years and decided to have a candid chat about their experiences. CEO Global Network, like the CEO Project, brings CEOs together in peer groups to learn from each other and help each other succeed. During the conversation, they discuss the top challenges CEOs face. John highlights that the most common issue is related to people and talent. CEOs often regret hiring or promoting the wrong person, and they struggle with decisions on investing in capital and technology like AI. The hosts also share the three questions they ask CEOs during the interview process to determine if they are a good fit for their respective networks. The questions revolve around identifying a past decision the CEO would change, the most critical upcoming decisions, and the number one thing the CEO needs to improve on as a leader. They stress the importance of transparency and vulnerability in establishing a high-trust environment within their peer groups. Both agree that as leaders, they need to be willing to show vulnerability and lead by example. They also use certain techniques, like playing games such as "two truths and a lie" during initial meetings, to create a genuine connection and build trust among the members of the peer group.
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Jul 16, 2023 • 37min

You Want To Write a Book - Heres How

In this episode of The Lazy CEO Podcast, host Jim Schleckser discusses the process of publishing a book and its potential benefits. He shares his own experience as an author of two bestsellers on Amazon and provides insights into the various publishing models available. Jim emphasizes that publishing a book is a personal achievement and can serve as a calling card for businesses. It establishes credibility and can be used as a tool to attract clients or speaking engagements. While the financial gains from publishing a book are typically limited, the indirect benefits can be substantial. He explains three different publishing models: traditional publishing, hybrid publishing, and self-publishing. Traditional publishing involves selling intellectual property to a publisher, while hybrid publishing requires authors to pay for publishing services. Self-publishing gives authors full control over their work and allows them to retain intellectual property rights. Jim breaks down the steps involved in publishing a book, starting with writing the manuscript. He discusses the importance of finding a ghostwriter who can capture the author's voice and work closely with them. He advises hiring editors for bulk editing, fine editing, and proofreading to ensure the book's quality. Jim also highlights the significance of cover design and title selection, as they play a crucial role in attracting readers. Throughout the episode, Jim emphasizes the importance of investing time and effort into the publishing process and recommends seeking assistance from book wranglers or coaches who can help navigate the complexities of publishing. Overall, the episode provides valuable insights and guidance for individuals considering publishing a book, emphasizing the non-monetary benefits and the different publishing options available to them.
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Jul 2, 2023 • 35min

Top 10 Mistakes That Leaders Make

In this episode of The Lazy CEO Podcast, host Jim Schleckser, founder of the CEO project, discusses common mistakes made by leaders and managers. With nearly 20 years of experience working with CEOs and running companies himself, Jim has encountered various patterns of errors throughout his career. He emphasizes that although individuals may believe they are making unique mistakes, there are often common pitfalls that many leaders fall into. Jim proceeds to share the top 10 mistakes, along with a bonus 11th mistake, that he has observed. While his focus is primarily on CEOs, he acknowledges that these mistakes can also apply to managers overseeing smaller groups or departments. He assures listeners that he will maintain confidentiality by anonymizing the stories he shares, as some may be embarrassing for those involved. However, he encourages listeners to reflect on their mistakes and see if any resonate with their own experiences. The first mistake Jim addresses is the failure to delegate. He acknowledges that delegation can be challenging and requires a high level of trust. Context is crucial in determining when and how to delegate tasks. High-risk situations or low-experienced teams may require caution, whereas low-risk and reversible tasks should be delegated whenever possible. Jim emphasizes the transformative effects of effective delegation on reducing stress, workload, and the ability to develop others. Overall, this podcast episode aims to shed light on common mistakes made by leaders and managers, providing valuable insights for improving decision-making and performance in the workplace.
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Jun 25, 2023 • 37min

Deal Terms You Need To Know Before Selling Your Company

In this episode of The Lazy CEO Podcast, host Jim Schleckser discusses the importance of deal terms in business transactions. He introduces the concept of "your price, my terms," emphasizing that the terms of a deal can outweigh the price in determining its quality. Jim compares two theoretical deals to illustrate this point: a $20 million deal paid over 10 years with potential deductions versus a $16 million cash deal with no backside risk. He highlights the significance of closure risk, timing, level of due diligence, time value of money, escrows, and representation and warranties in deal negotiations. Jim also discusses the impact of the buyer's fit and treatment of employees, as well as the distinction between asset sales and stock sales. He explains that the choice between the two can have significant tax implications and advises listeners to consult with their advisors to determine the most favorable option. Throughout the episode, Jim shares personal experiences and insights from his involvement in various deals. He concludes by emphasizing the importance of paying close attention to deal terms and seeking expert advice to ensure a successful transaction.
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Jun 18, 2023 • 36min

Transitioning a Family Business to the Next Generation

In this episode of the Lazy CEO Podcast, host Jim Schleckser interviews Trent Gardner, a member of the CEO Project and part of a family-owned business called GJ Gardner Homes. They discuss the dynamics of family-owned businesses, including succession and emotional issues that are unique to such enterprises. Trent provides insights into the evolution of GJ Gardner Homes, which started as a small operation in 1983 and grew into a franchise business with over 150 franchises operating internationally. Trent explains that the business was passed down from his grandfather, who also worked in the construction industry, to his father, who started GJ Gardner Homes with his mother. Trent and his younger brother are both involved in the business, with Trent primarily focusing on operations in the United States. He highlights the challenges and opportunities of running a family-owned business, emphasizing the importance of surrounding oneself with capable and smart individuals who complement one's own skills. They also discuss how GJ Gardner Homes differentiate itself in the market by making the homebuilding process fun and engaging for customers. Trent explains their customer-centric approach, which involves open communication, collaboration, and ensuring a positive experience throughout the entire construction process. They have implemented processes like pausing construction to get customer sign-off at key stages, providing transparency, and instilling confidence in the customers. The conversation touches on the topic of succession planning and future leadership in the company. Trent expresses his commitment to leading the business for the next 30 years but acknowledges that circumstances may change, and he remains open to adjustments in the future. He emphasizes the importance of attracting and retaining talent in a family-owned business, noting that growth and opportunity within the company are key incentives for employees, even if they may not have a direct path to the CEO position. Trent also mentions the family's commitment to maintaining the business as a family-owned entity, with no intention of selling to private equity or pursuing a liquidity event. He emphasizes the significance of the family legacy and the desire to continue building the brand's reputation and success. The interview concludes with a discussion about the challenges of family relationships in business and the need to make rational decisions while considering family dynamics. Trent mentions the importance of addressing nepotism and ensuring that family members earn their positions based on merit and competence. He highlights the need for professionalism and accountability within the family business. Overall, the podcast episode provides insights into the journey and dynamics of a successful family-owned business, offering lessons and perspectives on leadership, succession planning, and maintaining a positive customer experience.

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