Lessons From The First CEO Speaks of 2015

CEO Speaks NVSL

On April 14, 2015, I had the opportunity to attend the YEP CEO Speaks event hosted by Naugatuck Valley Savings and Loan. The speaker was the CEO of the bank, William Calderara. Right from the start I knew it was going to be an interesting talk and I was not let down.

 

What is CEO Speaks?

Before I go any further, I want to describe what a CEO Speaks event is. The Young Emerging Professionals hold a variety of events throughout the year. The most well known is the monthly after hours networking events called YEPresents. These events really allow local young professionals to connect with each other. YEP regularly participates in a wide variety of volunteer activities to support the community. These include holding the annual Pinktoberfest during Valley Goes Pink, and Bowl-2-Benefit for BHCare. CEO Speaks and other developmental events are held, on average, once a quarter.

 

CEO Speaks, in particular, are lunch and learn type events where YEP members get the chance to listen to and have discussions with a CEO or other local business leader. They share how they got to where they are and what lessons they learned along the way. Leadership skills develop over time through practice, learning, and mentorship. Being able to be in a room with a local business leader provides a great opportunity to young professionals to ask a question or two and receive answers straight from a live and in person leader.

 

Mr. Calderara Speaks

The CEO Speaks lunch and learn was only one hour and that included time for food, which was kindly provided by NVSL. In just this short period of time, Mr. Calderara spoke clearly and concisely on a variety of topics. In the interest of time, I am only going to write about four of them here.

 

Point 1

CEO_placement_trianglesOne of the first talking points that William Calderara made was the way on the way he described his place in the company. He drew two triangles on the board and labeled them as seen in the image above. His point was that he sees himself at the bottom and it is his job to support everyone above him. This also puts the customer at the top as the most important part of the business. With this as a starting point, it started to become easier to see how he was able to help transform his company into the much more successful one it is today.

 

Point 2

The second point Mr. Calderara made was something that I have already been trying to do. It was great to hear that I was on the right track and that it will hopefully help me and everyone else that was in the room. Basically, he said learn everyday and learn all you can. Try out different jobs when possible and step outside your comfort zone. Not only will learning a variety of skills help with general professional development, it will also help to prepare you for a position in leadership.Besides actually working in different roles, Mr. Calderara suggested volunteering for different projects. Sit on different committees and work with others gain as much experience as possible.

 

Point 3

Towards the end of the hour, I heard a phrase that I have heard a thousand times, “Don’t be afraid to fail.” The second half was new to me, “It’s cheaper than a Harvard MBA.” How true is that? Failing and learning from the mistake is, to a degree, very much cheaper than a Master’s degree from an Ivy league school. This is not saying all mistakes or failures won’t cost you or your company a lot of money, but day to day, this holds true.

 

Point 4

One last point I wanted to make sure to include is the following. Mr. Calderara has made a point of talking to people. This includes employees and customers. He said he likes to hear about the “stupid stuff,” the seemingly trivial day to day items that many employees would usually not want to bother management with. By hearing what is really on the minds of the employees and customers, a manager can see and respond to the little things that usually matter the most. He encouraged everyone who steps into a leadership position to talk to people. Get out of the office and onto the floor or out with the customers.

 

If you have read this far, thank you and I hope it was worth your time. As mentioned above, CEO Speaks and other events are held by YEP on a regular basis. If you would like to stay up to date on upcoming events, Like YEP on Facebook, follow @CTYEP on twitter, visit CTYEP.com, or send your email address to YEP@GreaterValleyChamber.com to be added to the email distribution list. I look forward to seeing you at the next event.

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