|By Marketwired .||
|June 11, 2014 11:30 AM EDT||
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.
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.
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.
The Open Connectivity Foundation (OCF), sponsor of the IoTivity open source project, and AllSeen Alliance, which provides the AllJoyn® open source IoT framework, today announced that the two organizations’ boards have approved a merger under the OCF name and bylaws. This merger will advance interoperability between connected devices from both groups, enabling the full operating potential of IoT and representing a significant step towards a connected ecosystem.
Oct. 21, 2016 11:15 PM EDT Reads: 1,117
You think you know what’s in your data. But do you? Most organizations are now aware of the business intelligence represented by their data. Data science stands to take this to a level you never thought of – literally. The techniques of data science, when used with the capabilities of Big Data technologies, can make connections you had not yet imagined, helping you discover new insights and ask new questions of your data. In his session at @ThingsExpo, Sarbjit Sarkaria, data science team lead ...
Oct. 21, 2016 10:00 PM EDT Reads: 4,206
A completely new computing platform is on the horizon. They’re called Microservers by some, ARM Servers by others, and sometimes even ARM-based Servers. No matter what you call them, Microservers will have a huge impact on the data center and on server computing in general. Although few people are familiar with Microservers today, their impact will be felt very soon. This is a new category of computing platform that is available today and is predicted to have triple-digit growth rates for some ...
Oct. 21, 2016 10:00 PM EDT Reads: 33,890
SYS-CON Events announced today that Roundee / LinearHub will exhibit at the WebRTC Summit at @ThingsExpo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. LinearHub provides Roundee Service, a smart platform for enterprise video conferencing with enhanced features such as automatic recording and transcription service. Slack users can integrate Roundee to their team via Slack’s App Directory, and '/roundee' command lets your video conference ...
Oct. 21, 2016 09:15 PM EDT Reads: 1,979
SYS-CON Events announced today that Enzu will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, 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 online busine...
Oct. 21, 2016 09:15 PM EDT Reads: 1,193
SYS-CON Events announced today that SoftNet Solutions will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. SoftNet Solutions specializes in Enterprise Solutions for Hadoop and Big Data. It offers customers the most open, robust, and value-conscious portfolio of solutions, services, and tools for the shortest route to success with Big Data. The unique differentiator is the ability to architect and...
Oct. 21, 2016 08:15 PM EDT Reads: 341
In past @ThingsExpo presentations, Joseph di Paolantonio has explored how various Internet of Things (IoT) and data management and analytics (DMA) solution spaces will come together as sensor analytics ecosystems. This year, in his session at @ThingsExpo, Joseph di Paolantonio from DataArchon, will be adding the numerous Transportation areas, from autonomous vehicles to “Uber for containers.” While IoT data in any one area of Transportation will have a huge impact in that area, combining senso...
Oct. 21, 2016 07:15 PM EDT Reads: 254
Why do your mobile transformations need to happen today? Mobile is the strategy that enterprise transformation centers on to drive customer engagement. In his general session at @ThingsExpo, Roger Woods, Director, Mobile Product & Strategy – Adobe Marketing Cloud, covered key IoT and mobile trends that are forcing mobile transformation, key components of a solid mobile strategy and explored how brands are effectively driving mobile change throughout the enterprise.
Oct. 21, 2016 07:15 PM EDT Reads: 1,613
@ThingsExpo has been named the Top 5 Most Influential Internet of Things Brand by Onalytica in the ‘The Internet of Things Landscape 2015: Top 100 Individuals and Brands.' Onalytica analyzed Twitter conversations around the #IoT debate to uncover the most influential brands and individuals driving the conversation. Onalytica captured data from 56,224 users. The PageRank based methodology they use to extract influencers on a particular topic (tweets mentioning #InternetofThings or #IoT in this ...
Oct. 21, 2016 07:00 PM EDT Reads: 8,109
"Matrix is an ambitious open standard and implementation that's set up to break down the fragmentation problems that exist in IP messaging and VoIP communication," explained John Woolf, Technical Evangelist at Matrix, in this SYS-CON.tv interview at @ThingsExpo, held Nov 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA.
Oct. 21, 2016 07:00 PM EDT Reads: 8,930
The IoT has the potential to create a renaissance of manufacturing in the US and elsewhere. In his session at 18th Cloud Expo, Florent Solt, CTO and chief architect of Netvibes, discussed how the expected exponential increase in the amount of data that will be processed, transported, stored, and accessed means there will be a huge demand for smart technologies to deliver it. Florent Solt is the CTO and chief architect of Netvibes. Prior to joining Netvibes in 2007, he co-founded Rift Technologi...
Oct. 21, 2016 06:45 PM EDT Reads: 2,815
For basic one-to-one voice or video calling solutions, WebRTC has proven to be a very powerful technology. Although WebRTC’s core functionality is to provide secure, real-time p2p media streaming, leveraging native platform features and server-side components brings up new communication capabilities for web and native mobile applications, allowing for advanced multi-user use cases such as video broadcasting, conferencing, and media recording.
Oct. 21, 2016 06:15 PM EDT Reads: 3,019
Established in 1998, Calsoft is a leading software product engineering Services Company specializing in Storage, Networking, Virtualization and Cloud business verticals. Calsoft provides End-to-End Product Development, Quality Assurance Sustenance, Solution Engineering and Professional Services expertise to assist customers in achieving their product development and business goals. The company's deep domain knowledge of Storage, Virtualization, Networking and Cloud verticals helps in delivering ...
Oct. 21, 2016 04:15 PM EDT Reads: 927
24Notion is full-service global creative digital marketing, technology and lifestyle agency that combines strategic ideas with customized tactical execution. With a broad understand of the art of traditional marketing, new media, communications and social influence, 24Notion uniquely understands how to connect your brand strategy with the right consumer. 24Notion ranked #12 on Corporate Social Responsibility - Book of List.
Oct. 21, 2016 04:15 PM EDT Reads: 1,488
More and more brands have jumped on the IoT bandwagon. We have an excess of wearables – activity trackers, smartwatches, smart glasses and sneakers, and more that track seemingly endless datapoints. However, most consumers have no idea what “IoT” means. Creating more wearables that track data shouldn't be the aim of brands; delivering meaningful, tangible relevance to their users should be. We're in a period in which the IoT pendulum is still swinging. Initially, it swung toward "smart for smar...
Oct. 21, 2016 03:15 PM EDT Reads: 320
Cognitive Computing is becoming the foundation for a new generation of solutions that have the potential to transform business. Unlike traditional approaches to building solutions, a cognitive computing approach allows the data to help determine the way applications are designed. This contrasts with conventional software development that begins with defining logic based on the current way a business operates. In her session at 18th Cloud Expo, Judith S. Hurwitz, President and CEO of Hurwitz & ...
Oct. 21, 2016 03:00 PM EDT Reads: 4,375
@ThingsExpo has been named the Top 5 Most Influential M2M Brand by Onalytica in the ‘Machine to Machine: Top 100 Influencers and Brands.' Onalytica analyzed the online debate on M2M by looking at over 85,000 tweets to provide the most influential individuals and brands that drive the discussion. According to Onalytica the "analysis showed a very engaged community with a lot of interactive tweets. The M2M discussion seems to be more fragmented and driven by some of the major brands present in the...
Oct. 21, 2016 03:00 PM EDT Reads: 11,169
In the next five to ten years, millions, if not billions of things will become smarter. This smartness goes beyond connected things in our homes like the fridge, thermostat and fancy lighting, and into heavily regulated industries including aerospace, pharmaceutical/medical devices and energy. “Smartness” will embed itself within individual products that are part of our daily lives. We will engage with smart products - learning from them, informing them, and communicating with them. Smart produc...
Oct. 21, 2016 02:30 PM EDT Reads: 1,415
As ridesharing competitors and enhanced services increase, notable changes are occurring in the transportation model. Despite the cost-effective means and flexibility of ridesharing, both drivers and users will need to be aware of the connected environment and how it will impact the ridesharing experience. In his session at @ThingsExpo, Timothy Evavold, Executive Director Automotive at Covisint, will discuss key challenges and solutions to powering a ride sharing and/or multimodal model in the a...
Oct. 21, 2016 02:15 PM EDT Reads: 1,435
In his keynote at 19th Cloud Expo, Sheng Liang, co-founder and CEO of Rancher Labs, will discuss the technological advances and new business opportunities created by the rapid adoption of containers. With the success of Amazon Web Services (AWS) and various open source technologies used to build private clouds, cloud computing has become an essential component of IT strategy. However, users continue to face challenges in implementing clouds, as older technologies evolve and newer ones like Docke...
Oct. 21, 2016 02:15 PM EDT Reads: 2,213