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The first 100 days: Setting the stage for strategy

By the time a CEO reaches the final weeks of their first 100 days, they have finished their listening tour and deep dive into financials. Now they need to ask themselves: Does what I learned differ from my initial expectations?At this point, the executive committee and the board are expecting a report that includes the answer to that question and the CEO’s observations and recommendations, David Martin, CEO and founder of Sterling Martin Associates, told CEO Update. However, before bringing the report to the board, he said, CEOs need to “pressure test” it with the executive committee, to obtain feedback and make sure they align on issues. If they skip this step, Martin cautioned, CEOs are… Read More