Strengthening the Team by Planning for Your Absence

WHAT:   August CEO Tools Workshop
WHEN:  Thursday August 14, 2014
WHERE: Suquamish Clearwater Casino  

Leaders can create great value in their companies while reducing risk by making sure the business can operate just fine without active involvement by any one individual over a period of time; even when that person is the CEO! Having key knowledge locked in the mind of any single individual, including the CEO is risky for a company and stressful for many, including the CEO’s spouse or partner. 

Albert Einstein once said that, “everything should be made as simple as possible, but not simpler.”  This workshop is meant to inspire attendees to develop a plan with steps necessary to ensure business as usual happens when any one person is no longer able to function in their role.  This workshop will focus on the role of the CEO.

MEMBERS:

Members arrive at 7:45am for breakfast and Member check-in.

MEMBER CANDIDATES:

Member Candidates are invited to attend the event from 7:45am-12pm as their schedule permits. 

• Breakfast at 7:45am
• Check-in at 8:00am
• Workshop from 9:00am- 10:45am 
• Member issues from 11:00am- 12:00pm 

Please RSVP to Michele Bosworth by August 1, 2014, regarding your attendance. Please include what portion of the meeting you will attend so we can make arrangements for breakfast and materials.

EMPLOYEE GUESTS: RSVP BY August 1st

Employee Guests are invited to the workshop from 9:00am - 10:45am (please arrive by 8:50am and wait in the lobby to be brought into the room.)

HOST:

Mike Hall of Hall and Company

WHERE WE WILL MEET:
Suquamish Clearwater Casino-15347 Suquamish Way NE, Suquamish, WA 98392

The Workshop will be held in the Hawks Nest Board Room outside the lobby of the Hotel

Click HERE for Google Directions

TITLE OF WORKSHOP:

Strengthening the Team by Planning for Your Absence

AGENDA:

Click HERE for the agenda.

QUESTIONS CEO'S SHOULD BE ASKING

• Where does “risk” reside in the company, where you are the only person who has ownership of or knowledge regarding a key customer or vendor relationship; a specific job task or job functions? Is this risk you are willing to live with? 
•  If so, how are you quantifying risk and why is this level of risk acceptable? 
• If not, what are the challenges that you will need to overcome ensure bad things don’t happen (in your absence?) in these specific areas?
• What will your spouse or partner do if you are suddenly unable to run the company?

TAKEAWAYS

•  Why it is important to identify, quantify and where appropriate, mitigate business risk that resides within your company.
•  How to give your spouse peace of mind about how they can proactively become involved managing events in your absence.

PREPARATION

Bring a bullet point list of critical actions that you need to take that will help to ensure your company will survive and thrive if you were suddenly no longer serving in the CEO capacity. 

 

Information examples include:

1. a list of online access to certain websites; sign-on/passwords.  
2. Contact information for your banker, insurance agent, key customers and vendors.
3. Key contracts, loan agreements and covenants, and insurance policies. 

Process examples include: 

1. Who is in charge if you are no longer around, 
2. Who must be involved for developing and ultimately executing the plan, 
3. Who will communicate it 
4. What they will say?

PRESENTER: EARL BELL

EARL BELL is the author of, Winning in Baseball and Business, Transforming Little League Principles into Major League Profits for Your Company.  Earl is also founder of the Winning in Business Master Academy™.

Earl works with owners, business leaders and their teams, teaching them how to dramatically reduce the time it takes to improve profitability, customer experience, employee engagement and company value.  Earl believes that business is the ultimate game which should be fun; that winning in business is more fun than losing. He also believes that creating hero experiences for customers and clients is how companies can win consistently.

Earl has served in the Chief Financial Officer role for numerous companies throughout North America. His personal passion is youth sports and he has coached 28 teams since 2002.  Earl is a CPA, graduated from SU (Seattle University) with a BA in Accounting and from the MILL (Mercer Island Little League) with a Master’s in Youth Baseball.