The implicit understanding among Alliance members is that, in exchange for their willingness to share their own experience and knowledge, they gain access to the extraordinary collective wisdom of the Alliance community of CEOs. Our members do amazing things and here we've collected some of their lessons learned to preserve and highlight the wealth of knowledge in our membership. Alliance Founder & CEO, Paul Witkay, also shares his perspectives on topics such as leadership, strategy and innovation.
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Over the course of his four decade entrepreneurial career, Alliance Founder & CEO Paul Witkay has learned his fair share of tough business lessons. Here, he shares some thoughts for first-time CEOs in the hope that these six points will help lay a strong foundation for their long-term success.
It’s more comfortable to surround ourselves with people who share similar views and values. But we must learn to become comfortable with being uncomfortable. The world is changing more rapidly than ever and our ability to change typically happens when we think differently than we did before. Therefore, it’s imperative that we seek out as many intelligent people as we can with experience, knowledge and ideas different from our own. In this article, Alliance Founder & CEO, Paul Witkay, describes the need for CEOs to surround themselves with intelligent diversity so they will be better equipped to think creatively, and to make big, strategic decisions that move their organizations forward.
While the world is changing at an exponential rate of speed as industry after industry is being transformed, most CEOs are either seeking breakthrough ideas that will disrupt back, or are in fear of falling behind – or both. Here, Alliance Founder & CEO Paul Witkay shares four types of breakthroughs as learned from Olivia Fox Cabane and Judah Pollack’s latest book, The Net and the Butterfly: The Art and Practice of Breakthrough Thinking. The authors describe not only their findings based on neuroscience, but also provide practical tools one can use to increase the probability for creating breakthrough ideas.
Every successful CEO strives to be more effective, make better decisions and become more productive, which are key reasons why we bring leaders together at the Alliance of CEOs. Learned through Charles Duhigg’s new book, Smarter Faster Better: The Transformative Power of Real Productivity, Alliance Founder & CEO Paul Witkay shares three valuable concepts for improving individual productivity.
Accountability for CEOs can range widely depending on the structure, size, ownership and stage of the business. But the bottom line is that CEOs are accountable for delivering on their promises to all stakeholders and doing what is best for the organization. Learn how Alliance members Sunil Bhatia of Infogain, Christopher Burnley of Corefact, Jonathan Corr of Ellie Mae, Craig Goehring of Brown and Caldwell, JR Matthews of Tregaron Capital, Sean McCarthy of CytomX Therapeutics, and Doug Murray of Big Switch Networks, meet the complexities of accountability head on.
New businesses that tap into large and severely under-met needs are destined to grow rapidly. But if the founders starve the company of capital, their conservativism eventually will kill growth. Even more important, it will burn out the founders. It is also avoidable. The story of Koshland Pharm and its Founder, Alliance member Peter Koshland, illustrates this well. In this Forbes article from Alliance Director and Founding Principal of CEO to CEO, Robert Sher, learn how the key to stability and long-term sustainability for growing, profitable businesses is increasing throughput.
With so many demands on their time, CEOs often struggle to take pause and give unfettered thought to the long-term plan. In a recent Alliance meeting, the gathered CEOs were inspired by the approach of Alliance member Sid Nandi, Founder & CEO of TeqTron. This case study focuses on his successful steps to set aside time, think about goals, plan for the long-term, and keep on track for success, all while maintaining transparency and accountability to his greatest assets – his employees.
In this feature story, Alliance members Kirsten Bay of Cyber adAPT, Rachel Haurwitz of Caribou Biosciences, Nadim Maluf of Qnovo, Sameer Padhye of FixStream Networks, Chris Rivielle of Plant Construction and Timothy Robertson of Vium, talk about the expectations and challenges that came with sitting in the top chair.
Businesses are run by people. When people liberate themselves from indecision resulting from insecurity, their businesses benefit and are more suited to scaling up. This case study features Alliance member, Rajesh C. Subramaniam, CEO & Founder of embedUR systems, who made good use of an Alliance presentation designed to identify and present the obstacles of his business' growth, and questioned whether Rajesh was a contributing factor.
Today’s CFO faces more challenges than ever. Staying ahead of vital business trends is one of those challenges. Hear from a panel of Ernst & Young professionals and CFOs, include Alliance member, Rick Martig, as they discuss what every CFO needs to know about digital.
How important is it for mid-market companies to have employees who consistently strive to perform at high levels? Should mid-market CEOs worry when some employees are unenthused with their work? The answer is an emphatic yes - if strong company growth is crucial. Find out the causes of a disengaged workforce and the keys behind creating a high-performance culture that can make a real difference for the mid-market firm.
Chief executives who are loyal to their lieutenants can be the enemies of performance. Such CEOs have kept many a company from hitting its numbers and sunk more than a few. A company whose senior managers are coasting on long ago accomplishments is a company that isn't firing on all cylinders.
Summary: Finding a way to reach people at the top levels of a government bureaucracy requires time and planning, and is one of the most important roles for a CEO. Eric McAfee, CEO of AE Biofuels, had been waiting for more than a year for his business to get funding from a grant program until he launched a three-step campaign that eventually pushed bureaucracy into action.