In today’s episode of Live with Bottleneck, we talk about the three things that a CEO should focus on with our special guest, Trey Taylor. Trey Taylor is the managing director of Trinity | Blue, a consultancy designed to provide executive coaching and strategic planning to C-Suite leaders. His experience derives from fields as diverse as technology, financial services, venture capital, and commercial real estate development.
Frequently featured as a keynote speaker, he has addressed attendees at the Human Capital Institute, the Ascend Conference, and many other engagements. He has also written a book called “A CEO Only Does 3 Things.” The book features things a CEO should focus on to avoid being the bottleneck in their business.
The Challenge of 2020 is to Survive
Trey and Jaime begin the podcast by talking about 2020 and the business landscape during that time. Trey shares his advice to his clients; that they need to get hands-on in their business during this period. This is because they need to make sure that everything is running smoothly so their business can survive the year.
In March of last year, I got on the phone with all of my consulting clients and relieved them of obligations of payments under the consulting contracts. Most of my consulting is always about pulling the executive back and out of the stream of day-to-day activity. Though last year I said get back into your business because the challenge in 2020 is existing at the end of 2020. – Trey Taylor
Be ON the Business, But Not Always IN It
Jaime brings up the practice of being IN and On the business and how he is an advocate of both. Trey discusses this further by explaining the concept of the Flywheel. Simply put, the top person of the company still needs to check that everything is working properly, but not so much that it takes up most of his time.
I think what you’re getting to is the concept of the Flywheel, right? The top person in the company needs to come and make sure that the flywheel is flying. That it is producing whatever the end result in the most efficient way possible. Then once that’s going and you have people to keep it going, you step off and work on the next generation of what the flywheel will look like. – Trey Taylor
A CEO Only Does Three Things
Trey discusses the three things that a CEO should focus on, which is Culture, People, and Numbers. He then explains that the CEO or top executive is usually the biggest bottleneck in a business. So in order to avoid such bottlenecks, the CEO should focus on these three things before moving on to the day-to-day activities.
You have three jobs to get done before you’re allowed to get on your to-do list. Worry about the culture and make sure that your values show up in the behaviors of your people. Worry about your people and make sure that you’re casting the right person in the right role. Read the right script to produce the right box office returns, and make sure those returns are quantified and transparently available to anyone in the organization. – Trey Taylor
To learn more about Trey Taylor and how these three things can help stop the bottleneck in your business, watch this episode.
Trey Taylor is the managing director of Trinity | Blue, a consultancy designed to provide executive coaching and strategic planning to C-Suite leaders. His experience derives from fields as diverse as technology, financial services, venture capital, and commercial real estate development.
Frequently featured as a keynote speaker, he has addressed attendees at the Human Capital Institute, the Ascend Conference, and many other engagements. You can find out more about Taylor’s consulting work at trinity-blue.com.
Connect with Trey!
LinkedIn: @Trey Taylor
Twitter: @Trey Taylor
Get Trey’s book today!