By Frumi Barr
Good Times or Bad – You're Still the CEOhttps://c-suitenetwork.com/advisors/wp-content/themes/csadvisore/images/empty/thumbnail.jpg 150 150 Frumi Rachel Barr Frumi Rachel Barr https://secure.gravatar.com/avatar/7a2407752a400f54696416652a1981e6?s=96&d=mm&r=g
Good Times or Bad…You are Still the CEO
Imagine coming home after a long day at the office as a mid-level manager in a small busy company. You are one of 175 employees, and it is hump day – the week is half over. Work is stressful and you are looking forward to decompressing. You stand in the entry of your home totally stunned by the notice in your hand. Your bank has sent a notice that the paycheck you deposited in the bank on Friday has bounced. What would you think or do? In a company with a consistent degree of transparency this might be annoying but not a surprise. Your CEO may have warned you that times were rocky. You might be asked to reduce your salary but because of your belief in the company’s cause and your contribution to a cure, you stay the course. You believe.
In another home just down the street a different scenario is at play. Another bounced check another manager but the reaction is different. This manager had no idea what was happening behind closed doors. His imagination started running rampant and he is getting angrier by the minute. He goes to the phone and calls one person after another to vent and check if their checks bounced too. He goes to his computer and resignedly finds his last resume. He has had it!
Which type of CEO are you? Not all CEOs are created equal. Some are hired guns others are the genius who came up with some bright idea in the first place. Some CEOs, the ones we usually hear about, are public CEOs whose high incomes are reported in good times and bad times.
There are many challenges that keep a CEO up at night. As a CEO or C- Suite member you always have a choice of whether to be proactive or reactive. What’s your plan?