I recently caught up with Greg Lippert, CEO of Mazzio’s Italian Eatery, the Tulsa-based restaurant company with 170 locations in 10 states. From his days as a college soccer player to positions with heavyweights like Proctor and Gamble and Philip Morris, Greg came up through the ranks in typical Type A fashion eventually holding several executive positions in the fast casual dining sector before returning to Mazzio’s as CEO.
As we were kicking around the latest and greatest happenings in our worlds, I took the opportunity to ask Greg to share his advice for those Type A’s who are looking to move into executive leadership.
Here’s Greg’s advice on how to get a bigger piece of the pie.
1. You must know how to manage your time and your mind.
“As CEO, the toughest choice is knowing how to best manage your time and your mind. As you get higher and higher on the ladder, you give up more and more of your time and your mind to issues that you may not have previously considered. You must be constantly thinking about the results of others… the morale of employees, how the company is advancing, whether or not the business plan is accomplishing the company’s goals. It’s no longer about your own results. You have less and less brain space to focus on yourself or your family. If you can’t manage your time and your mind, you’re not going to be successful.”
2. Understand the financial impact of your decisions across the board.
“You are only as good as your bottom line. More and more often pay is being tied to performance. And it’s not just your performance but the entire company’s performance. The company’s financial responsibility is shared responsibility.”
3. Explore your career and lifestyle options early in your career.
“Use your education years and the time in your 20’s to explore opportunities in lifestyle and career that you believe will help you feel fulfilled today and into the future. Don’t make a commitment too early. Find a career or industry that you will still enjoy years later. And develop a secondary interest, such as a hobby or volunteer work, so you don’t become too job focused.”
4. Learn project management skills.
“The biggest gap we have between our experienced baby boomer leadership team and the next generation is strong project management skills. No one is being taught project management. Someone who has great project management skills will be invaluable to growing companies.”
In what first appears to be an editorial filled with typical CEO mumbo jumbo, Microsoft uses a red highlighter to cut through the BS leaving just a few words that emphasize Microsoft’s new marketing message…’Because it’s everybody’s business’.