role of CEO is strategic planning and looking ahead into the future with optimism providing growth to all. yes the globe has undergone the shock of a recession but has shown signs of recovery, and there are pockets of growth like india/china, the BRIC economies.
to be competitive is to be ahead. investments and market penetration must be planned with quality market research and technological innovation readying for the future taking advantage of a prospective future boom cycle not waking up late to the future opportunities and lagging behind.
yes industrial engineering is required to make the current operations economic and effective and more customer friendly which can be achieved through other team leaders, which in a way would have already been fairly attended to in the last one year and may need sustained fine tuning now.
while at the same time the CEO's focus has to be on strategic business development, organisation development and people development readying for the future prospects and challenges. or else the organisation will become redundant and talent will drain out looking out for greener pastures. the trick is to hold people while the days are not good keeping them engaged with meaningful projects with future usefulness being productively on a learning curve keeping the brain sharpened to fight a future war adopting a knowledge management strategy.
yes, one needs to be realistic and modest about the stretegic plans not being over confident or avoiding over capacity building with heavy investments not able to sustain the same doing a strategic SWOT Analysis taking calculated conscious risk while avoiding mistakes from past learnings both from within and outside the organisation in terms of relevant case studies. having a strategic business consultant could help adopt an innovative viable careful educative strategy.
thus the next step now is an innovative business strategy with people involvement and motivation with wide range communications and consultations, with a parallel organisation develoopment strategy with a clear road map into the future fostering the vision ahead pouring excitement around.
regards,
kshantaram