The Most Common Challenges & Opportunities of an MD/CEO of an SME
MDs & CEOs of SMEs face challenges in resources, people, growth, and personal development. Peer advisory boards with experienced chairs offer solutions.
I have been fortunate enough to attend a few informal face-to-face events recently launching new offices, a new product and a new service. Such things were commonplace before the pandemic as they are a very effective way of producing business opportunities. However, it would appear that we may have forgotten why we hold such events.
Events – Customer, Prospect, Visitor or Host?
I have been fortunate enough to attend a few informal face-to-face events recently launching new offices, a new product and a new service. Such things were commonplace before the pandemic as they are a very effective way of producing business opportunities.
However, it would appear that we may have forgotten why we hold such events.
Generally, we take the time and incur the cost to put on such events because we expect to produce some business opportunities and a return on our investment.
Recognising that, we should plan these events with this in mind which means that as a minimum we should include:
This enables the hosts to ensure they spend time with the right people and the guests to know who is there representing the hosts.
This used to be standard practice when informal face-to-face events were the norm but I fear best practice has been forgotten as a result of being in the doldrums of the pandemic and being compelled to use video for ‘events’.
Best practice often emerges as the solution to many of the discussions we have at Pabasso boards.
Events cost money so make sure you do your best to get a return on that investment!
MDs & CEOs of SMEs face challenges in resources, people, growth, and personal development. Peer advisory boards with experienced chairs offer solutions.
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