Middle Market C level Executives: Finding Your Million Dollar Blind Spots
Enterprise Risk Management Expert Gary W. Patterson Raises the Question, “Why Do Executives Choose to Ignore the Risks and Major Issues Facing Their Companies?”
Gary Patterson, president & CEO of FiscalDoctor® and operations risk management (ORM) expert and speaker unearths some shocking answers to a compelling question: “Why are executives ignoring major risks or issues that can cost them their companies.”
- It’s the economy, stupid! Executives’ plates (at the top and middle levels) are full after downsizing and turnover. The general consensus is that they have no time to address or take on any more issues.
- Beware of the Ides of March. Some leaders admitted that they are wary of the political climate of their companies and are unwilling to take on issues that are politically loaded. In a nutshell, job security is everyone’s top priority.
- Accountability is a loaded gun. Many executives admit that it’s one thing to bring to light the major issues or risks the company is facing. But it’s a whole new ball game taking responsibility to solve the problems. The modus operandi seems to be, Not on my watch.
Patterson discovered that the executive-avoidance attitude leads to a serious condition, commonly known as blind spots. This will be further explored in his forthcoming (2012) book, Finding Your Million Dollar Blind Spots: What the CEO Needs to Know and Doesn’t: The Why and How To Tell Your CEO”.
At a minimum whatever basic risks you are taking knowingly or unknowingly, what are the rest of Your Million Dollar Blind Spots?
About Gary W. Patterson
Gary W. Patterson, president & CEO of FiscalDoctor®, works with leaders who want to uncover their blind spots so that they can make better decisions.© He has helped companies spanning supply chain, high tech, transportation, construction, and service industries. Patterson is a well-known speaker on enterprise risk management (ERM), operational risk management (ORM), strategic budgeting, risk assessments, leadership, and change management.
For more information on the FiscalDoctor, visit his website at www.fiscaldoctor.com. Patterson also offers a "free" fiscal fitness test at www.fiscaldoctor.com/fiscaltest.html. He can be reached at 68-319-4739.
Or consider, the FiscalDoctor’s Fiscal Fitness Service, which includes a thorough analysis and review of financials and systems to identify risks and opportunities, and promises “you will receive 10 strategic recommendations that will provide a framework for better managing the challenges inherent in growing your company.” Find your million dollar blind spots in time to make better business decisions.
© 2011 Gary W. Patterson All Rights Reserved.
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