Welcome!

Agile Computing Authors: Pat Romanski, Elizabeth White, Yeshim Deniz, ManageEngine IT Matters, Liz McMillan

News Feed Item

The Face of Today's CEO: New Study From Domo and CEO.com Captures 360 Degree View of Corporate Leaders

Survey Reveals That Employees Want More Frequent, More In-Depth Communication From Their CEOs, Among Other Surprising Findings

SILICON SLOPES, UT--(Marketwired - June 11, 2014) - CEOs work hard to manage their brands and balance the demands placed on them by a variety of stakeholders. But what do employees and executives really think of their corporate leaders -- and how do CEOs perceive themselves? These are some of the questions we set out to answer in a revealing new study sponsored by Domo and CEO.com, an online resource that enables busy executives to stay up to date with the latest news and best practices in business management.

Based on responses from 1,500 CEOs, executives and general employees across a variety of industries, the study paints a comprehensive picture of today's CEOs and their leadership style, including the way they communicate, motivate and prioritize. The research found that, although CEOs and employees think about leadership in similar ways, there are many instances in which CEOs and employees are in disagreement.

For instance, 79% of executives and 74% of general employees say they would like to receive communications from their CEOs at least monthly. Yet more than a quarter of executives and general employees report hearing from their CEOs less than once a quarter. The research also found that 84% of CEOs say they never use company meetings to reprimand employees but 10% of employees and executives perceive that blame and rebuke are all they hear from their CEO.

Going deeper into the numbers, the survey shows that executives overall are much more critical of their CEO's communication style than are general employees. Executives are twice as likely to say their CEO always focuses on negatives or never focuses on positives when communicating with the company. And just 17% of executives say their CEO always celebrates company successes, compared with 31% of general employees.

"Being a great business leader isn't simply about product development or corporate finance, it's also about effective communication," said Josh James, founder and CEO of Domo. "As this study clearly shows, communication skills are vital for every CEO. Your employees want to hear from you and they want to be inspired by you. In today's social world, there are so many ways to effectively communicate with your employees beyond the typical company meeting -- whether through a blog, video, Twitter, email, etc. If you're not leveraging multiple channels to get your message across and instill vision, you're missing an opportunity to connect with your employees and drive the business forward."

When it comes to inspiring employees, CEOs are not as effective as they should be. While everyone agrees that fear is not an effective motivational tool, CEOs rely on it more than they think. According to the study, only 10% of CEOs claim to use fear as a motivator yet executives rank fear as the number-one motivational tool of their CEOs. Perhaps that's why 46% of executives say they need to massage and manipulate data to make it look good before handing it over to their CEOs. Both executives and general employees say that instilling vision is the most effective motivational strategy, with fear ranking dead last.

There are plenty of things that CEOs are doing right. For example, 87% of executives feel their CEOs respect their opinions and more than two-thirds are comfortable going to the CEO with an idea. Additionally, executives find their CEOs to be quite responsive, with 69% reporting that they receive email replies from their CEO within the day. Moreover, 60% of executives and general employees choose positive adjectives to describe their CEOs, with words like "intelligent," "nice," "honest," "competent," "visionary" and "hardworking" leading the way.

Still, the disconnect between CEOs and their employees persists. Across the board, CEOs believe they're placing a strong emphasis on positive actions, while their executive teams are not so sure. For instance, 42% of CEOs rank "recognizing and rewarding achievement" as their most important priority, yet only 17% of execs agree. And 39% of CEOs say "caring about the success and welfare of individual employees" is most important to them but just 19% of executives concur. Finally, 31% of CEOs identify "seeking ideas and input from employees at all levels" as their top concern but only 14% of their executives agree.

Other notable survey findings include:

  • 39% of CEOs feel they make less than their fair share but only 7% of executives and 4% of general employees agree.
  • CEOs say they work an average of 64 hours each week.
  • 54% of executives say CEOs micromanage and/or interfere with company progress.
  • CEOs, executives and general employees all agree that motivating and inspiring employees should be the CEO's highest priority.

A complete copy of the report is available for download at CEO.com

About the Survey
CEO.com surveyed 1,500 CEOs, executives and general employees from companies across a wide range of industries to provide a multidimensional look at the leadership style of today's CEO.

About CEO.com
CEO.com was launched by Omniture cofounder and longtime CEO Josh James, before he launched Domo, to help business executives stay up to date with the latest news and best management practices across top industries. CEO.com is now sponsored by Domo.

About Domo
Domo is a cloud-based executive-management platform that redefines the business intelligence market and transforms the way business is managed. Domo gives users direct, real-time access to all the business information they care about, all in one place.

With more than $125 million in funding, Domo is backed by an all-star list of angels and investors, including Benchmark Capital, Andreessen Horowitz, IVP, Ron Conway and David Lee of SV Angel, Hummer Winblad, plus a who's who of SaaS and Internet technology.

Domo's founding team consists of some of the most sought-after talent in the industry, with experience including Amazon, American Express, Ancestry.com, eBay, Endeca, Facebook, Google, LinkedIn, MLB.com, Omniture, Salesforce.com and SAP.

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

@ThingsExpo Stories
"When we talk about cloud without compromise what we're talking about is that when people think about 'I need the flexibility of the cloud' - it's the ability to create applications and run them in a cloud environment that's far more flexible,” explained Matthew Finnie, CTO of Interoute, in this SYS-CON.tv interview at 20th Cloud Expo, held June 6-8, 2017, at the Javits Center in New York City, NY.
The Internet giants are fully embracing AI. All the services they offer to their customers are aimed at drawing a map of the world with the data they get. The AIs from these companies are used to build disruptive approaches that cannot be used by established enterprises, which are threatened by these disruptions. However, most leaders underestimate the effect this will have on their businesses. In his session at 21st Cloud Expo, Rene Buest, Director Market Research & Technology Evangelism at Ara...
The current age of digital transformation means that IT organizations must adapt their toolset to cover all digital experiences, beyond just the end users’. Today’s businesses can no longer focus solely on the digital interactions they manage with employees or customers; they must now contend with non-traditional factors. Whether it's the power of brand to make or break a company, the need to monitor across all locations 24/7, or the ability to proactively resolve issues, companies must adapt to...
The current age of digital transformation means that IT organizations must adapt their toolset to cover all digital experiences, beyond just the end users’. Today’s businesses can no longer focus solely on the digital interactions they manage with employees or customers; they must now contend with non-traditional factors. Whether it's the power of brand to make or break a company, the need to monitor across all locations 24/7, or the ability to proactively resolve issues, companies must adapt to...
Artificial intelligence, machine learning, neural networks. We’re in the midst of a wave of excitement around AI such as hasn’t been seen for a few decades. But those previous periods of inflated expectations led to troughs of disappointment. Will this time be different? Most likely. Applications of AI such as predictive analytics are already decreasing costs and improving reliability of industrial machinery. Furthermore, the funding and research going into AI now comes from a wide range of com...
In this presentation, Striim CTO and founder Steve Wilkes will discuss practical strategies for counteracting fraud and cyberattacks by leveraging real-time streaming analytics. In his session at @ThingsExpo, Steve Wilkes, Founder and Chief Technology Officer at Striim, will provide a detailed look into leveraging streaming data management to correlate events in real time, and identify potential breaches across IoT and non-IoT systems throughout the enterprise. Strategies for processing massive ...
SYS-CON Events announced today that GrapeUp, the leading provider of rapid product development at the speed of business, will exhibit at SYS-CON's 21st International Cloud Expo®, which will take place October 31-November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Grape Up is a software company, specialized in cloud native application development and professional services related to Cloud Foundry PaaS. With five expert teams that operate in various sectors of the market acr...
Internet of @ThingsExpo, taking place October 31 - November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with 21st Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. The Internet of Things (IoT) is the most profound change in personal and enterprise IT since the creation of the Worldwide Web more than 20 years ago. All major researchers estimate there will be tens of billions devic...
SYS-CON Events announced today that Ayehu will exhibit at SYS-CON's 21st International Cloud Expo®, which will take place on October 31 - November 2, 2017 at the Santa Clara Convention Center in Santa Clara California. Ayehu provides IT Process Automation & Orchestration solutions for IT and Security professionals to identify and resolve critical incidents and enable rapid containment, eradication, and recovery from cyber security breaches. Ayehu provides customers greater control over IT infras...
SYS-CON Events announced today that MobiDev, a client-oriented software development company, will exhibit at SYS-CON's 21st International Cloud Expo®, which will take place October 31-November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. MobiDev is a software company that develops and delivers turn-key mobile apps, websites, web services, and complex software systems for startups and enterprises. Since 2009 it has grown from a small group of passionate engineers and business...
SYS-CON Events announced today that Cloud Academy named "Bronze Sponsor" of 21st International Cloud Expo which will take place October 31 - November 2, 2017 at the Santa Clara Convention Center in Santa Clara, CA. Cloud Academy is the industry’s most innovative, vendor-neutral cloud technology training platform. Cloud Academy provides continuous learning solutions for individuals and enterprise teams for Amazon Web Services, Microsoft Azure, Google Cloud Platform, and the most popular cloud com...
SYS-CON Events announced today that CA Technologies has been named "Platinum Sponsor" of SYS-CON's 21st International Cloud Expo®, which will take place October 31-November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. CA Technologies helps customers succeed in a future where every business - from apparel to energy - is being rewritten by software. From planning to development to management to security, CA creates software that fuels transformation for companies in the applic...
We build IoT infrastructure products - when you have to integrate different devices, different systems and cloud you have to build an application to do that but we eliminate the need to build an application. Our products can integrate any device, any system, any cloud regardless of protocol," explained Peter Jung, Chief Product Officer at Pulzze Systems, in this SYS-CON.tv interview at @ThingsExpo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA
SYS-CON Events announced today that IBM has been named “Diamond Sponsor” of SYS-CON's 21st Cloud Expo, which will take place on October 31 through November 2nd 2017 at the Santa Clara Convention Center in Santa Clara, California.
Amazon started as an online bookseller 20 years ago. Since then, it has evolved into a technology juggernaut that has disrupted multiple markets and industries and touches many aspects of our lives. It is a relentless technology and business model innovator driving disruption throughout numerous ecosystems. Amazon’s AWS revenues alone are approaching $16B a year making it one of the largest IT companies in the world. With dominant offerings in Cloud, IoT, eCommerce, Big Data, AI, Digital Assista...
SYS-CON Events announced today that Enzu will exhibit at SYS-CON's 21st Int\ernational Cloud Expo®, which will take place October 31-November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Enzu’s mission is to be the leading provider of enterprise cloud solutions worldwide. Enzu enables online businesses to use its IT infrastructure to their competitive advantage. By offering a suite of proven hosting and management services, Enzu wants companies to focus on the core of their ...
Multiple data types are pouring into IoT deployments. Data is coming in small packages as well as enormous files and data streams of many sizes. Widespread use of mobile devices adds to the total. In this power panel at @ThingsExpo, moderated by Conference Chair Roger Strukhoff, panelists looked at the tools and environments that are being put to use in IoT deployments, as well as the team skills a modern enterprise IT shop needs to keep things running, get a handle on all this data, and deliver...
In his session at @ThingsExpo, Eric Lachapelle, CEO of the Professional Evaluation and Certification Board (PECB), provided an overview of various initiatives to certify the security of connected devices and future trends in ensuring public trust of IoT. Eric Lachapelle is the Chief Executive Officer of the Professional Evaluation and Certification Board (PECB), an international certification body. His role is to help companies and individuals to achieve professional, accredited and worldwide re...
IoT solutions exploit operational data generated by Internet-connected smart “things” for the purpose of gaining operational insight and producing “better outcomes” (for example, create new business models, eliminate unscheduled maintenance, etc.). The explosive proliferation of IoT solutions will result in an exponential growth in the volume of IoT data, precipitating significant Information Governance issues: who owns the IoT data, what are the rights/duties of IoT solutions adopters towards t...
With the introduction of IoT and Smart Living in every aspect of our lives, one question has become relevant: What are the security implications? To answer this, first we have to look and explore the security models of the technologies that IoT is founded upon. In his session at @ThingsExpo, Nevi Kaja, a Research Engineer at Ford Motor Company, discussed some of the security challenges of the IoT infrastructure and related how these aspects impact Smart Living. The material was delivered interac...