Women's CEO Roundtable

If there is one aspect of entrepreneurship people want to get right, it is leadership. With the right leadership, you can get your workforce to reach heights that are seemingly unimaginable. To be a good leader, you will have to make learning a priority.

As John F. Kennedy put it, “leadership and learning are indispensable to each other,” and one of the best ways to learn on how to be a good leader is by reading books about leadership.

Explore the list of best books of 2020 for Entrepreneurs: https://smallbiztrends.com/2020/08/leadership-books.html

Launching your own business? GREAT! But, “word of mouth” can only get you so far. Now it’s time to accelerate growth by marketing your company.

The goal of marketing is to find the right audience for your products/services and apply the appropriate marketing strategy to reach that audience. Fortunately, small businesses can choose from a plethora of marketing tactics to achieve their objective.

In this practical guide, explore the seven strategies to successfully execute marketing for your small business: https://www.fool.com/the-blueprint/small-business-marketing/

Hiring and managing a quality team is a small business manager’s highest priority. In a uniquely people-driven environment, small organizations and startups rely on employees to impact everything from profits to company culture and morale. To grow a successful business, you must be thoughtful and deliberate about each hire and have a plan for effective team management in place.

In this article, explore the "ins" and "outs" of Effective Team Management, from team hiring to appropriate team management. Read on: https://online.uwa.edu/news/effective-team-management/

For female founders who face unique challenges (especially when trying to break into male-dominated industries), having a mentor could be the missing piece of the entrepreneurial success puzzle.

Navigating the roadblocks to business success becomes much easier when you have mentors with experience to guide you. Mentors can make connections, introduce you to trustworthy legal and financial advisors, and point you in the direction of affordable resources and financing. At a very basic level, they can also help fine-tune a business idea and advise you on what not to do.

Take look at the mentoring resources that women business owners can use to help start, grow and expand their business, here: https://startupnation.com/grow-your-business/mentoring-resources-women-business/

When it comes to funding, there isn’t a one-size-fits-all approach. Aside from every business having unique funding needs, each funding option differs in availability, terms, funding amounts, and eligibility criteria.

Check out this compiled a list of funding sources, from a variety of places, to help you research and narrow down the best option for your business: https://articles.bplans.com/number-ways-fund-small-business/

Accountability within a small business is more important than ever before. With the ever-increasing complexity in the day-to-day running of a business, staying on track to the successful conclusion of a goal is a challenge.

In this article, discover the "Three Roadblocks to Accountability" and how to set up an "Accountability System." Read here: https://synnovatia.com/business-coaching-dont-fail-because-your-small-business-lacks-accountability/

Business owners around the world often need to wear multiple hats. Their responsibilities range from the brand establishment to getting the appropriate talent onboard, while also putting best efforts to maintain long-term customer-business relationships. While promoting growth in their business, they usually run into back-end business problems, and accounting issues are often the big ones.

As a business owner, you want to keep track of your business accounting and, more importantly, of the profits it generates. Accountancy typically involves recording, organizing, and analyzing financial transactions that further help you determine profit & loss and plan your investments accordingly.

Discover the top accounting problems businesses often deal with and how to solve them:
http://www.accountingtotaxes.com/blog/focus-on-business-growth-leave-accounting-complexities-to-professionals

The Covid-19 outbreak has disrupted people’s lives as well as businesses. In this article, see examples of the most successful marketing strategies that you can immediately implement in your company.

With the right mindset, you can use the crisis to your benefit and find future strategic ideas to make your company thrive. The secret lies in understanding your market and customers to identify new opportunities to take your business to higher levels of success.

Check it out: https://teamstepup.com/marketing/5-successful-strategies-examples-to-adopt-during-and-after-covid-19/

The primary reason it takes so long is because effective leadership means being able to balance a number of skills, all of which require their own learning curve. In fact, "skills" isn't even the best word for it. They actually qualify as virtues more than anything else.

Though different leadership styles can be used at different times to build and run an effective business, these eight character traits should be universal in each and every leader: https://www.inc.com/bill-green/the-8-characteristics-of-an-effective-business-leader.html

It takes great leadership to build great teams. Leaders who are not afraid to course correct, often make difficult decisions and establish standards of performance that are expected to be me, and are being improved upon, at all times. Whether in the workplace, professional sports, or your local community, team building requires a keen understanding of people, their strengths (and weaknesses), and knowing what gets them excited to work with others.

As you evaluate the sustainability of the team you currently lead and its real impact on the organization you serve, look into the six ways successful teams are built to last: https://www.forbes.com/sites/glennllopis/2012/10/01/6-ways-successful-teams-are-built-to-last/

To stand out among peers, business owners must also focus on getting involved in their local community. While building a name among locals will increase sales and brand awareness, making an effort to serve the community also creates happier employees and more loyal customers. By establishing themselves as pillars of the community, an owner can add real, immeasurable value to their business. Community involvement is directly tied to the concept of corporate social responsibility (CSR).

To better understand this concept, realize how vital it is for your business development and long-term success, and begin this process, click here: https://www.inc.com/bob-house/how-to-add-value-to-your-business-through-community-involvement.html

Good and effective management of finances makes the difference between a business that continuously climbs the ladder of success and one that falls at the very first hurdle. Look at some proven financial tips that all businesses must follow in order to keep growing and enhancing their success: https://businesstown.com/10-useful-financial-tips-businesses-follow/

For all the new technologies, trends, and emerging channels we hear about, the best marketing strategies in 2020 don’t have to be cutting edge.
Great marketing strategies connect with customers as humans. It’s those connections that create beloved brands.

The reason? People are onto marketers. They can spot your motivation from a mile away. The solution? Providing real value outside of direct product experiences.

From creating branded entertainment to meeting customers directly in Google search results, check out the best marketing strategies to create real value for your customers! Read on: https://blog.alexa.com/best-marketing-strategies/

An organizational chart is the document that tells everyone in the organization who is in charge of whom. It’s a document meant to illustrate and solidify reporting hierarchy. Creating an organizational chart is easy. Why? Because everyone already knows the reporting hierarchy. That is ingrained into the day to day operations of nearly every business in the world. An Accountability Chart is very, very different.

The Accountability Chart sets out exactly who is accountable for EVERY task in the entire business. At the end of the day, one person is accountable for making it happen.

Learn the three steps for creating an Accountability Chart and explore the potential benefits, here: https://whittleandpartners.com/2018/03/15/what-is-an-accountability-chart/

Too many organizations forget leadership is a team sport.

It is easy to forget that leadership is a team sport, as most of what gets written about the topic focuses on leaders. How many articles and blogs get published each year with authors claiming that their lists of characteristics or traits is all it takes for someone to be a great leader? What percentage of leadership development program content focuses on getting to know oneself better or being true to oneself? What role do individuals play in your organization’s recruiting, hiring, on-boarding, performance management, succession planning, and compensation systems? Teams rarely if ever get mentioned in the leadership literature, are underrepresented in many leadership competency models, do not make up any of the curriculum in a vast majority of leadership programs, or are taken into account when promoting people or appraising their performance. Yet humans are social animals, and the basic work unit in most public and private sector organizations is the team. An organization is typically made up of hundreds if not thousands of teams, including Boards of Directors, executive leadership teams, product teams, marketing and sales teams, cross-functional teams, task forces, committees, and the like. If the work to be performed involves some type of collective effort, rest assured teams will be used as the means for organizing people. Teams play a pervasive role in organizations, and those wanting to be effective team leaders will need to overcome seven challenges unique to teams: https://www.linkedin.com/pulse/six-challenges-team-leaders-gordon-gordy-curphy-phd/?trk=v-feed

In today's climate, it's an essential skill that can drive real business benefits.

As a leader, directing and delegating may come naturally, but listening has become a lost art. Perhaps it's because we're all running in high gear, productivity is paramount, and we simply don't take the time to slow down and truly hear what's going on around us.

For leaders, this can be risky, because it could mean missing out on vital cues that impact performance, and even your own effectiveness and career growth.

There's immense value in listening to those around you, especially in today's climate. And while it can be hard to slow down and dial in, it's an essential skill that can drive real business benefits.

Here are six reasons becoming a better listener should be on your to-do list: https://www.inc.com/marcel-schwantes/top-leadership-skill-listening.html

Everyone knows that business is all about people. But even experienced CEOs can get caught in the day-to-day grind of reports and meetings. A renewed emphasis on these five basic talent strategies can improve performance and drive results.

Read on: https://chiefexecutive.net/5-simple-steps-to-maximize-talent-and-grow-profits/

The Women’s CEO Roundtable, LLC is a group of high-growth female business owners from noncompeting organizations that are committed to developing their leadership skills and moving their organizations to the next levels of growth. In this confidential & educational forum, members will leverage their collective expertise to closely analyze their leadership strengths & weaknesses, develop the strongest organizational teams, resolve issues that impede their business growth, and empower each other to build scalable and sustainable companies that withstand all market conditions.

Visit our website to schedule Discovery Call: https://womensceoroundtable.com/

Do Women Have Different Financial Needs From MenEvery so often someone asks me the question, “Do women actually have different financial needs from men?” My answer is always, “Yes, absolutely!”

Most people tend to think that when it comes to managing money and building wealth, men and women face the same challenges. However, this just isn’t true – and there’s plenty of research out there to prove it.

Read on: https://www.moneynuggets.co.uk/do-women-have-different-financial-needs-from-men/

Despite enormous strides in business, government and other areas, women don’t always get the respect men do for their leadership abilities, even when they can boast greater accomplishments.

But the combination of a pandemic, a recession and an election that 2020 brought could be the impetus for changing the way people view women and their leadership styles, a development that many would argue is long overdue, says Andi Simon, a corporate anthropologist, founder of Simon Associates Management Consultants, and author of the upcoming book Rethink: Smashing the Myths of Women in Business.

“It’s time we started seeing women leaders through a fresh lens,” Simon says. “When we do, we will all benefit from their styles and their successes.”

Read on: https://www.intelligenthq.com/pandemics-politics-impact-women-leadership-roles/

A lot of people don’t know how to listen to someone venting. Usually, people take one of two attitudes. Option 1 is to jump in and give advice — but this is not the same as listening, and the person doing the venting may respond with “Just listen to me! Don’t tell me what to do.” Option 2 (usually attempted after Option 1) is to swing to the other extreme, and sit there silently. But this doesn’t actively help the person doing the venting to drain their negative emotions. Consequently, it is about as rewarding as venting to your dog.

The way to listen when someone is venting is to ask them the following three questions: https://hbr.org/2013/05/how-to-listen-when-someone-is