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"Lack of Focus Can Derail Even the Best Plans" says Rhythm Systems CEO Patrick Thean
- Rhythm Systems' CEO Patrick Thean says that now, with the wave of high-profile CEOs stepping down, companies must operate with sharper focus, tighter alignment, and better execution to navigate the current business landscape. His company offers tools, methodology, and coaching to help mid-market companies achieve their goals faster with less friction, stay aligned and execute effectively. Sees growth next year by investing in enhancements like AI-driven insights, expanding referrals and partnerships and sharing more success stories from clients who've used its system to achieve record results.
- Thean admires his team's relentless drive to make things simpler and more effective for leaders and their teams. His business success is measured by tangible impact on the leaders and teams he supports and his revenue expectations are based on clear goals and solid planning. Key learning from AvidXchange was cross-functional team alignment, which allowed them to increase productivity by 300%, resulting in a key product launch six months earlier than scheduled and a successful IPO at a $2 billion valuation.
- The biggest threat to his business is the temptation for leaders to revert to old habits and lack of focus that can derail even the best plans. Additionally, as more tools and software solutions enter the market, companies risk getting distracted by 'shiny objects' that don’t deliver real results.
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