StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...

WHO CAN HELP THE CEO - Case Study Example

Cite this document
Summary
TrakVue is a start up company. Eliot is a workaholic committed to his job. He was at a company retreat when he receives a phone call from his sales vice president that said he was resigning…
Download full paper File format: .doc, available for editing
GRAB THE BEST PAPER98.7% of users find it useful
WHO CAN HELP THE CEO
Read Text Preview

Extract of sample "WHO CAN HELP THE CEO"

Download file to see previous pages

Amory suggested that Eliot be set up with an executive coach. Eliot did not agree with the advice and regretted having called Amory. When Eliot became CEO of TrakVue he made some optimistic sales projections which came back to bite him. The board saw Eliot as being behind in his results due to the foolish projections he made two years earlier. Eliot also consulted his problems at the company with another friend, Bob Gellingham, who worked in public relations. He suggested that Eliot should land one or two big accounts to change attention away from the problems.

The executive coach that Amory set up for him told Eliot he was in denial about the business problems. Another coach told him to seek advice. Eliot thought that it was the coachs job to give that advice. The coach also told him that he rarely seeks input from anyone: subordinates, peers outside the company, or customers. Eliot resented the advice because he sought the coach was uninformed about the dynamics of his business. He was worried that the board might fire him in their next meeting since he had lost two sales VP during his tenure as CEO.

The article ended by offering three different views from commentators. Jerry Rao who was a CEO himself suggested that keeping the problems within is not the right rout. When he faced similar problems to Eliot he looked for the advice from the board of directors. He also said that colleagues may have agendas that lead to detrimental advice, thus it was a smart idea to use coaches or consultants. He said that assistants often can provide good insight. The second commentator, Susan Ashford, questioned Eliots leadership and that he did not admit his weaknesses.

She said that Eliot avoided seeking advice from his colleagues. The last commentator, Stephen Socolof, said Eliot has to reassure the board about his capacity to run the company. He said Eliot should ask for help from mentors and other experienced people. The article showed the

...Download file to see next pages Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“WHO CAN HELP THE CEO Case Study Example | Topics and Well Written Essays - 1000 words”, n.d.)
Retrieved from https://studentshare.org/business/1637281-who-can-help-the-ceo
(WHO CAN HELP THE CEO Case Study Example | Topics and Well Written Essays - 1000 Words)
https://studentshare.org/business/1637281-who-can-help-the-ceo.
“WHO CAN HELP THE CEO Case Study Example | Topics and Well Written Essays - 1000 Words”, n.d. https://studentshare.org/business/1637281-who-can-help-the-ceo.
  • Cited: 0 times

CHECK THESE SAMPLES OF WHO CAN HELP THE CEO

ETHICS 501, Business Ethics, Mod 1 Case Assignment

Fluor can also convince the other ceo by supporting his point of view with the goodwill associated with the ethical actions of a country.... He can convince that other CEOs by stating that utilitarianism requires them to act in this way.... Similarly, we can assess whether this action by Fluor and other companies from the deontology framework is worth taking or not.... Although many CEOs might not want to join this cause as it might mean reduction in their profits but a lot of other people who care about the ethical issues will join hands with him....
5 Pages (1250 words) Essay

Changing Organizational Culture: Cultural Change Work in Progress

He defined strategy as the long-term goals a company sets and structure as the framework through which strategy can be… He said that both structure and strategy are linked together and presented the Structure follows Strategy theory after reviewing the workings and organizational structures of four amalgamates in the US....
6 Pages (1500 words) Essay

The high salaries paid to CEOs are not justified. To what extent do you agree with this statement

Looking at these figures and disparity one cannot help but question the trend.... An example of this kind of a scenario is Eisner of Disney who pocketed 38 million US Dollars in 2004 (Stanford GSB, 2005).... These executives' salaries have become a pillar of controversy among the variety of stakeholders: shareholders, media and general public....
4 Pages (1000 words) Essay

It is personality profile about Jack Dorsey -my tittle is Square changes the business world

With Biz Stone and Noah Glass, Jack Dorsey founded and became the ceo of Twitter in 2006 (Bio, 2014).... Jack Dorsey is also the founder and ceo of Square, which is a mobile payments company released in 2010.... Jack Dorsey has been the board chairperson, ceo, and executive chairperson Jack Dorsey has a net worth of $2.... But it's really about executing the idea and attracting other people to help you work on the idea.... Jack Dorsey is a single American citizen residing in San Francisco, CA (Forbes,… He is a web developer and executive who co-founded and co-created Twitter in 2006 (Bio, 2014)....
5 Pages (1250 words) Research Paper

Changes in Leadership and CEO Succession

Presently, Buffet serves in the capacity of ceo, Chairman, Chief Investment Officer (CIO) and majority shareholder.... For most organizations, succession plans entail either grooming a senior executive or recruiting an exemplary leader from another… This is far from the case in Berkshire Hathaway Inc....
4 Pages (1000 words) Essay

What Is Executive Compensation

The authors argued the fact that the shareholder pays a key role in the organisation in designing the remuneration system of ceo's in order to maximise the value of the organisation.... In this regard, the aim of the paper is to examine the effect in the executive compensation regardless of the poor performance of the company with the help of various economic theories and the empirical evidence....
6 Pages (1500 words) Essay

Improvement of CEO Efficiency

The successful endeavors are undertaken by the company and the increase or decrease in the company's economic value are the clear markers of the ceo's productivity.... According to Robert (1995) “Although much of the decision-making power resides with the ceo, the research and background analysis reports are not made by him.... Hence a venture that incurs losses upon the company may not have been caused due to a bad decision made by the ceo but rather incomplete or inaccurate information provided to him....
7 Pages (1750 words) Case Study

Characteristics of Successful CEO in Engineering Field

nbsp; Challenges to the ceo Among the challenges is ensuring continuous growth in the midst of uncertainties in the economy.... In this, the ceo needs to boost talent, profits, loyalty, and trust in an environment where growth is almost invisible.... the ceo should be able to appreciate employees to increase their motivation.... the ceo has the challenge of retaining top performers, creating and communicating the plans to progress them professionally, and also increase their salaries above the standard....
10 Pages (2500 words) Term Paper
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Contact Us