Source Illustration: Pixabay.
Establishing or managing a business has become increasingly challenging, prompting us to seek wisdom from influential figures.
Greetings and welcome to Modern CEO! I am Stephanie Mehta, the CEO and primary content strategist at Mansueto Ventures. Each week, this newsletter delves into inclusive leadership approaches derived from discussions with corporate executives and entrepreneurs, as well as from the content of Inc. and Fast Company. If you have received this newsletter from a peer, you can subscribe here to receive it every Monday morning.
When tasked with composing an extensive feature article, although a rarity nowadays, I often revisit exceptional journalism for inspiration. For instance, when profiling a complex individual, I may reexamine Emily Nussbaum’s New Yorker piece on musician Fiona Apple. To support an unpopular argument, I turn to Carol Loomis’s foresighted analysis in Fortune regarding the unfulfilled promises of the 2000 AOL and Time Warner merger.
Strategies for Excellence
For entrepreneurs and executives, observing top-performing companies can be motivating, which is why Inc. has devoted its year-end edition to showcasing the Best in Business. According to Editor-in-Chief Mike Hofman, amid the rise of groundbreaking technologies like AI and workplace transformations, recognizing companies excelling in this transformative landscape becomes imperative.
Furthermore, besides acknowledging exceptional industry performers, Inc. will spotlight companies and leaders demonstrating expertise in essential business facets such as sales, marketing, and operations.
Leadership Insights
Hofman urges organizations globally, of all scales, to vie for recognition as a Best in Business entity. While Inc. targets empowering founders and leaders of growing enterprises, Hofman believes small businesses can glean valuable lessons from larger corporations, and vice versa. He emphasizes the symbiotic relationship between learning best practices and innovative strategies for achieving a competitive edge.
Is your company a standout within its sector? Are you, as per Hofman’s assessment, excelling in a primary business dimension? Apply here for consideration in one of several categories. The premier establishments will feature prominently in Inc.’s year-end publication.
Collaborative Leadership at Netflix
Highlighting a recent Fast Company feature on Netflix’s co-CEOs, Ted Sarandos and Greg Peters, sheds light on their harmonious co-leadership. The article offers valuable insights on how these contrasting executives effectively share authority – a rare accomplishment. The emphasis on consistency, organizational culture, and mentorship provides indispensable guidance for contemporary CEOs and leaders.
Further Readings: Excellence in Action
Vocabulary List:
- Entrepreneurs /ˌɒntrəprəˈnɜːrz/ (noun): Individuals who start and run their own businesses often taking on financial risks.
- Strategies /ˈstræt.ə.dʒiz/ (noun): Plans of action designed to achieve a particular goal.
- Leadership /ˈliːdərʃɪp/ (noun): The act of leading a group or organization to achieve goals.
- Recognition /ˌrekəgˈnɪʃən/ (noun): The acknowledgment of something’s existence validity or legality.
- Symbiotic /ˌsɪm.biˈɒt.ɪk/ (adjective): Characterized by an interdependent relationship where both parties benefit.
- Transformative /trænsˈfɔːrmətɪv/ (adjective): Causing a major change to something or someone typically for the better.
How much do you know?
