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    CEO vs. Advisors: Who’s Really Steering the Ship in SME’s?

    15 December 2023

    In the fast-paced and unforgiving world of eCommerce, especially for small and medium-sized enterprises (SMEs), leadership is everything. As someone who’s been deeply immersed in this space, I’ve seen firsthand how the lines between CEOs and advisors can blur. Who’s driving the business forward, and who’s merely pointing the way? Let me share my take on the core differences and how these roles intersect to define success.


    Strategic Vision vs. Tactical Guidance

    As a CEO, you’re the architect of the business’s vision. You decide where the ship is heading, what markets to target, and how to differentiate in a crowded digital landscape. But let’s be honest: no one is an expert at everything. This is where advisors have been invaluable in my experience.

    Advisors provide tactical insights that can refine or challenge your strategy. For example, when I’ve faced challenges like low conversion rates, an advisor specializing in UX/UI has been able to pinpoint exact friction points on the website. Their role isn’t to create the vision but to provide expert-level input that makes the vision executable.

    Key takeaway: As a CEO, you own the roadmap; advisors offer tools to navigate it better.


    Ownership vs. Influence

    Running an SME eCommerce business means you carry the weight of every decision. I’ve felt this deeply. From sales metrics to employee morale, the buck stops with you. An advisor’s influence, while significant, is not tied to the same level of ownership or risk. Advisors can afford to think outside the box because they don’t bear the brunt of execution failure.

    This distinction often creates a healthy tension. An advisor might suggest adopting a new pricing strategy that’s proven effective elsewhere. However, it’s the CEO who has to weigh the risks, consider resource constraints, and decide whether to pull the trigger. I’ve learned that this balance of accountability and influence can be a game-changer for SMEs trying to stay agile.


    Operational Involvement vs. External Expertise

    CEOs live and breathe their businesses. For SME eCommerce leaders, this often means wearing multiple hats: marketer, recruiter, product manager, and sometimes even customer service representative. I’ve been there. Advisors, on the other hand, are brought in precisely because they aren’t entrenched in the daily grind. Their external vantage point allows them to spot opportunities and challenges you might miss.

    For instance, an advisor specializing in digital marketing might recommend adopting emerging trends like AI-driven personalization. While I’ve been consumed with fulfilling orders and managing cash flow, my advisors’ job has been to keep their finger on the pulse of industry shifts and push the business to evolve.


    Collaboration Wins

    The most successful SME eCommerce companies recognize that CEOs and advisors aren’t competitors but collaborators. In my journey, I’ve learned that my role as CEO is to ensure the ship stays afloat and on course, while my advisors’ role is to sharpen the tools and provide the occasional course correction.

    If you’re an SME eCommerce CEO, ask yourself: Are you leveraging your advisors effectively? And if you’re an advisor, are you truly adding value where it’s needed most? From my perspective, understanding the balance between these roles has often been the difference between stagnation and success in this ever-changing eCommerce landscape.