Strategy processes mostly disappoint. That’s too bad, because there are few things more essential to an organization’s success and security than getting strategy right. Here are (at least) 17 ways your strategy process will break bad:
The toxic employee has a “special” knack of destabilizing groups, destroying trust between coworkers and stifling conversation and creativity in nearly every situation. For a number of reasons…none of which are worth much, too many leaders hesitate when it comes to purging these radioactive waste products from their teams. If you’ve been rationalizing retaining one of those characters that creates fallout with every encounter, it’s important to recognize what you’re doing to everyone else and then to take action.
The topic of transformation is a challenging one for all management teams. It’s not surprising that few muster the collective courage necessary to transform their organizations even in the face of sustained headwinds or looming crisis.
(Note: this post by Art Petty originally appeared at the Management Excellence blog.) In a sea of books and articles published regularly on navigating complexity in our world today, few capture the solution as succinctly as the three words: humility, teamwork and focus. One defines the attitude required for success from the top to the bottom; one defines the essential obligation of each and every individual engaged in any initiative and the other describes the need for context or common purpose. Misfire on one or more of these and the results range from poor to disastrous.
The business and management equivalent of The Quest of mythology and story is the pursuit of the secret ingredients…the behaviors, actions and approaches that if adopted, will allow one firm to outperform (measured by one or more of: growth, profitability, innovation, share price, market capitalization) a peer group for an extended period of time. Here are 7 core behaviors for successful management teams to adopt that will help them survive with their quest to sustain success:
I’m convinced one of the key limiting factors of management team effectiveness is the discomfort these high-powered functional experts have in talking with each other. While there are few quiet senior management team meetings, the words exchanged tend to be more about functional updates and carefully worded ideas or collegial debate over direction or investments than they are about the real issues confronting the firm. Here are 5 blocking and tackling ideas to help senior executives strengthen their communication effectiveness as a team:
In the most recent post in this series, I emphasized the importance of carefully cultivating senior management team chemistry …particularly when it comes to neutralizing the impact of toxic participants. However, even with the positive situation of a ph-neutral group of senior leaders (including the CEO) at the management team roundtable, there’s still no guarantee of high performance. As we shift away from the issue of toxicity (a deal-killer for team performance) and move towards cultivating high performance at the senior management group level, the ideas of team cohesion and team attraction come into play. Here are 5 ideas to help you begin to promote team cohesion:
The use of the word “team” to reference the collection of a firm’s senior leaders is generous at best and fallacious in many cases. Senior managers don’t necessarily gel as a team and perhaps a more accurate description of them in the context of a group might be that they are a collection of intelligent, successful functional leaders who occasionally come together and tolerate each other for a few hours of collegial discussion. Here are a number of ideas to get the toxicity out and the performance up:
Too few managers and management teams talk about what it means to promote a culture of business performance excellence in and across their organizations. Even fewer work on it.
A firm’s senior leaders and managers are supposed to feel the weight of responsibility for the health of their organization. It comes with the job. However, no one suggested they bear the weight of the worries or the burden of finding the solutions in silence and without ample support from the broader employee population. Here are 6 ideas to help you jump-start improved employee involvement in strengthening your business:
