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In a perfect world, CEOs would focus laser-like on how to increase revenues, add customers and utilize a workforce. Too often, however, CEOs are caught up in the workaday functions of a business order fulfillment, attending to customers - according to Mark L. Fagan, a managing partner at accounting and consulting firm Citrin Cooperman.
"CEOs should focus on strategic activities versus tactical ones," Fagan said. "The success of a company is heavily weighed on a CEO's understanding of the business, anticipation of changes and strategic thinking."
Citrin Cooperman, in partnership with the University of Connecticut School of Business, has invited four business leaders to discuss the challenges they've faced while leading their businesses through tremendous periods of growth.
The event, titled "CEO Evolution" after Fagan's column in the Business Journal, is Jan. 29, 6-8 p.m., at the UConn School of Business in Stamford and will be moderated by Fagan.
In Fagan's view, "The CEO of a company can do many, many things with his or her time."
"The best use of that time, though, is to focus on strategic activities and not operational ones," he said. "There are others in...