Top 7 benefits of an Office of the CEO
Dear CEOs: Are you feeling sluggish? Are you trapped in meetings? Do you have a never ending workload? Are your best leaders quitting? Are you missing your growth targets?
Here’s our recommendation to get back to feeling on top of your game: build your Office of the CEO. It's an investment in time and energy, but the ROI makes it worth it. We’ve seen ROI ranges from 10-25x (source: Cedar research).
The top 7 Office of the CEO benefits include a high impact CEO, strong C-suite teams, clear mission and vision, improved cross-functional collaboration, better operational efficiency, strong culture and sustainable growth. Let’s get into each:
1. High Impact CEO
As a CEO, your impact is maximized with a strong Office of the CEO team around you, which can include your Chief of Staff, Executive Assistant, Director of Communications, Strategy Manager and others. You have a dedicated team that is dedicated to making you shine both internally and externally in front of customers, employees, prospects, investors and board members.
2. Strong C-Suite Team
The Office of the CEO introduces discipline and rigor into your day-to-day, so you become a role model for strong leadership for your C-suite. Your Office of the CEO team also defines clear protocol for C-suite meetings, decisions and investments to ensure your senior leadership team comes together at the right moments and is efficient with the use of their time.
3. Improved Cross-Functional Collaboration
Work is highly cross-functional these days, and it’s hard getting things done in a hybrid or remote setting. The Office of the CEO promotes strong ways of working by bringing together the right people, at the right time, with the right tools. Often it means simplifying the tech stack and following well-defined working norms. The result is less complexity, less risk and a better chance at reaching your desired goals, together.
4. Better Operational Efficiency
The best Offices of the CEO have a continual eye on company health through the use of targeted KPIs and dashboards. Regular business reviews spark insightful conversations on how to drive better performance and operational efficiency across your enterprise. Your Chief of Staff can act as the owner of continuous improvement, executing on transformation projects that help your company find even more efficiency gains.
5. Sustainable Growth
With an Office of the CEO, you achieve sustainable growth for yourself and your company. You avoid personal burnout, since your executive office team has your back. Your organization also avoids scaling too fast, since you have strong operational systems that reduce risk, manage change and prevent overreach.
6. Clear Mission and Vision
The Office of the CEO clarifies and upholds your vision and mission. The CEO Office can also act on your behalf to champion and amplify your CEO message both inside and outside your organization. With a strong CEO communications team, you can feel confident that almost everyone in your company can repeat your core vision and mission, backwards and forwards.
7. Strong Culture
Everyone wants to work in a place that has a strong operating model with talented leaders, headed in the right direction. If you can unlock the 6 items above, the natural result will be a strong culture, fully enabled by your Office of the CEO. You have a team that is committed to executing towards an inspiring vision and can rally together to achieve ambitious goals.
So there you have it: the top 7 benefits from building the Office of the CEO. Here’s to building yours to avoid blockers and busywork, en route to becoming the best CEO you could ever be.
If this post resonates with you, let’s talk. Get in touch here to discuss how we can help you build a powerful Office of the CEO that will elevate your leadership, streamline operations, and drive sustainable growth.