Maximizing Co-CEO Effectiveness: Leveraging Complementary Skills and Clear Role Definitions for Superior Leadership

1. Leverage Complementary Skills: Combine the diverse strengths of co-CEOs to drive innovation. For instance, one co-CEO could focus on technology while the other handles finance, leading to more comprehensive decisions. This dynamic can outperform single leadership by tackling complex challenges from multiple angles.

2. Define Clear Roles: Prevent conflicts and confusion by clearly defining each co-CEO’s responsibilities. For example, assign one co-CEO to internal operations and the other to external relations. This clarity ensures smooth operations and leverages each leader’s strengths without overlap.

By Ash Wendt | AUG 26, 2024
Read the original article at ENTREPRENEUR

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Is Your Business Built to Last? Discover the Power of Balance and Decentralization

The landscaping company founder learned that business ownership is like a three-legged stool: personal, financial, and business. He realized the importance of aligning all three aspects after selling his first company and feeling lost. Now, he focuses on building a significant business that fits into his personal and financial plans, ensuring he’s ready for a future exit.

A 35-employee company owner discovered the need for decentralization during a month-long absence. Despite meeting business goals, the company culture changed without his daily influence. This realization prompted him to build teams and processes that ingrain the culture into the business, reducing dependence on his presence and preparing for a future exit.

By Scott Snider | AUG 21, 2024
Read the original article at ENTREPRENEUR

IBM Mandates Office Return for Managers, Threatens Job Loss for Non-Compliance

CNN – 1Password emerges as the best password manager for 2024, combining top-notch security, usability, and features at an affordable price. It supports all major operating systems and browsers, offers seamless autofill for passwords and two-factor authentication, and includes extra storage for personal documents. Unique features like Watchtower analyze password strength and check for data breaches. Competing services like Bitwarden, LastPass, and Keeper have their strengths, but 1Password stands out for its comprehensive package.

By Jennifer Korn, CNN

See full article at CNN

Gen Z Lingo, Boomer Delivery: Currys and Royal Armouries’ TikTok Marketing Magic

Currys, a British electrical retailer, pioneered a viral marketing trend where older employees deliver Gen Z-style scripts on TikTok. In one video viewed 2.3 million times, an employee says, “It’s a brat summer at Currys, my guys.” This unconventional approach blends generational humor, increasing brand visibility and engagement among younger audiences.

The Royal Armouries museum in Leeds adapted the trend, having an older employee use Gen Z slang to describe historical exhibits. In a viral clip, he says, “Henry the Eighth is the original Rizzler. His codpiece hits different.” This creative strategy modernizes historical content, making it more appealing to younger audiences while maintaining the museum’s educational mission.

By Eve Upton-Clark | SEP 20, 2024
Read the original article at FAST COMPANY

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