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July 1, 2015 / Women Presidents' Organization

Use This Simple Test to Set Your Company Apart

06_30_15 HBR Blog

In Roger L. Martin‘s insightful article for the Harvard Business Review, “The First Question to Ask of Any Strategy” he gives a simple and straightforward approach to evaluate any business decision.

“The test I apply is quite simple. I look at the core strategy choices and ask myself if I could make the opposite choice without looking stupid. The point is this: If the opposite of your core strategy choices look stupid, then every competitor is going to have more or less the exact same strategy as you.”

Click here to read the entire article.

June 24, 2015 / Women Presidents' Organization

Is Your Body Image, Or Lack Of, A Growth & Financial Liability?

competitive edge

With summer finally here, it’s time to update the wardrobe, go for that summer cut and get a pedicure… but could your appearance and body image be impeding your business success? Learn 7 quick tips to spruce up your appearance and in turn, other’s perceptions of you.

June 16, 2015 / Women Presidents' Organization

Healthcare Supply Chain

UPS is a WPO Sponsor

A healthcare supply chain can comprise 50-60 percent of a company’s total costs, control 100 percent of all inventory, and usually provides the foundation for all revenue generation. Despite the critical role of the supply chain, findings from the 2014 UPS Pain in the (Supply) Chain survey showed that only 36 percent of healthcare logistics executives have adequate supply chain strategies and contingency plans in place. Read Steps to Healthcare Supply Chain Success to learn how to deliver supply chain excellence.

June 12, 2015 / Women Presidents' Organization

Have a Healthy Disregard for the Impossible

Janet Odgis, President of Odgis + Co, Margo Georgiadis, Google’s President of the Americas, and Carol Picarro, President of U.S. Chemicals

Guest Blog post by WPO New York VI Chapter member, Janet Odgis, President & Creative Director, Janet Odgis & Company Inc.

Have a healthy disregard for the impossible 

What’s the best way to accomplish your strategic goals? Addressing the Women Presidents’ Organization at Google’s New York City headquarters, Margo Georgiadis, Google’s President of the Americas, suggested that a healthy disregard for the impossible is key.

Ask someone to name Google’s main competitors, and they’ll probably list Facebook, Apple, and Amazon. Not so, Georgiadis said. Facebook is a social networking company, while Apple develops hardware and software; Amazon focuses on selling products. But from its beginning, Google has positioned itself as an information company, dedicated to using data to build accessible, easy-to-use tools and services.

Georgiadis suggested that anyone could take lessons from Google’s history and philosophy to evolve their own companies. Whenever she sits down with an entrepreneur to talk business, she always begins with the fundamentals. What does the entrepreneur want to accomplish, and why does he or she want to accomplish it? What’s the company’s overarching mission, and how can success be measured?

In order to complete that mission in a quantifiable way, companies must be transparent, with clear lines of communication between those in the executive suite and those carrying out the various aspects of the business. From top to bottom, every employee must possess a willingness to adapt to changing circumstances, and seize upon new opportunities with speed and agility.

Most of all, Georgiadis added, companies and entrepreneurs must keep learning. It’s only by acquiring new knowledge, in conjunction with the aforementioned agility and openness, that a company can re-imagine itself into a more perfect form, and ultimately make its customers’ lives better. While that might sound like an intimidating—even impossible—goal, it’s one well within reach.

So if you want to re-imagine your company, remember these 6 key takeaways on how Google does it:

1. Ask WHY. What is the purpose? How can it make peoples lives better?

2. What’s the best way to accomplish your strategic goals?

3. How can success be measured? In order to complete that mission in a quantifiable way.
4. Companies should be transparent, with clear lines of communication between everyone.
5. Seize upon new opportunities with speed and agility.
6. Companies must keep learning.

ReImagine Everything
June 10, 2015 / Women Presidents' Organization

PwC CEO Survey – Private company perspective

PWC

Ever wish you could know what other CEO’s are facing? Now you can. PwC has surveyed 711 private company leaders as part of their 18th Annual Global CEO Survey. “Forward thinking CEOs have a knack for seeing beyond blind spots to ensure future risks don’t derail their growth plans.” Read more about perceived risk, opportunity, innovation and growth here.

June 3, 2015 / Women Presidents' Organization

Worth the Risk?

Chubb Worth The Risk Graphic

Did you know that Chubb Insurance is the only insurance provider that conducts a private company risk survey? In the past 3 years, 44% of private companies experienced at least one loss event.  “Private companies increasingly are at risk of professional and management liability from a vast range of events, including costly lawsuits, government fines, data theft and other criminal activities. So disruptive are such events that small companies can quickly face financial ruin, and even large companies may find it difficult to fully recover from such administrative and financial disasters.” Read on to hear more about the findings and to help assess where your company may be at risk.

May 28, 2015 / Women Presidents' Organization

The Rise of Women-owned and Minority-owned Businesses in the U.S.

Below is an infographic published by Score, an organization that mentors America’s small businesses. Score has gathered statistics on the growth and economic impact of women-owned and minority-owned businesses in the United States.

SCORE-Infographic-2015-Business-Ownership-page-001

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