There is little dispute that great leadership teams are the cornerstones to the success of growing organizations. So why is it that many leadership teams are dysfunctional at best and sometimes even become detractors to an organization’s success. Many CEOs assume that assembling a group of talented managers will result in a highly-functional senior team. Unfortunately, it’s not that simple - building a truly great team requires attention to detail and hard work; skills that help leaders solve important technical and business challenges but that aren’t often used to build great teams.
Read MoreGreat leadership teams are critical to an organization’s success and trust is the fuel that helps to make leadership teams thrive. Reinforcing this point are the findings from Google’s seminal study[i]on what makes a great team at Google – “individuals on teams with high trust bring in more revenue, are less likely to leave Google, are more likely to harness the power of diverse ideas from their teammates and are rated as effective twice as often by executives.” Paul Santagata, Head of Industry at Google, puts it simply - “There is no team without trust.”
Read MoreIn very simple terms a leadership team is aligned when all members of the team work in sync to accomplish a common purpose. More specifically, an aligned leadership team debates well, proactively supports each other, is laser focused on what is most important, and is committed to learning and improving. Perhaps most importantly, an aligned leadership team has confidence in its ability to get back in sync after inevitable periods of dysfunction.
Read MoreExplore the negative impacts of an unaccountable CEO.
Read MoreOur view is that loyalty and trust are not the same. Loyalty as defined by Webster is ‘a feeling of strong support for someone or something’ whereas trust is defined as ‘a charge or duty imposed in faith or confidence or as a condition of some relationship.’
Read MoreSimply put, the job of CEOs, Presidents, GMs in leading their senior teams is to establish the conditions that will help leadership teams thrive and be resilient. Unfortunately, the work isn't simple at all and is often made more challenging by the tendency of many executives to assume that...
Read MoreAs indicated by professors DeNisi and Kluger in an Academy of Management Executive article, one of the most widely accepted principles in psychology is the positive effect that feedback has on performance.
Read MoreThis post builds on a great post written by LTBD, a close RI strategic business partner. In the post - 6 Essential Growth Strategies for Small Government Contractors - Tim Hawkins - LTBD's founder and CEO, digs into his firm's experience working with small GovCons and offers insights into 6 critical strategies for effective growth.
Read MoreJack McGuinness interviewed by Jeremy Jones on his "How successful people become more successful podcast." Jack discusses one of his favorite business books called "What got you here, won't get you there" written by Marshall Goldsmith, the guru of executive coaches.
Read MoreAll leadership teams have the opportunity to serve as force multipliers for their organizations where the team’s impact goes far beyond the contributions of individual team members. Leadership teams work hard to shape long-term visions and missions that rally employees, shepherd the execution of strategies that set their organizations apart from competitors, and define values that form strong cultural foundations.
Read MoreWe define leadership team structure as the arrangement and organization of the tangible interrelated elements of a leadership team. These elements include a leadership team's distinct purpose, the unique enterprise focused roles that comprise a leadership team and the rhythm with which a leadership team manages itself.
Read MoreIt is no longer good enough (perhaps it never was) to simply put together a group of talented, experienced executives and assume that they will morph into a high-performing leadership team without at least some focus and effort. In this post we will describe 4 pragmatic principles that we believe are essential for building a great leadership team that can operate effectively in today’s fast-paced and complex environment.
Read MoreFor those many leaders and leadership teams who have not yet done the hard work of defining, communicating and working on how they are going to operate as an effective team, it may be time to step back and assess whether your team is living up to its potential.
Read MoreAt the most rudimentary level, an effective team is defined as one that has impact above and beyond the individual contributions of any one team member. This ‘above and beyond impact’ can be measured at multiple levels: Intangible Performance, Structural & Relational Metrics, and Business Results.
Read MoreFor a leadership team to improve it must first determine what’s getting in the way and then identify the commitments the team and its members must make to address the gaps. Once these commitments have been pronounced, team members have made themselves accountable to each other and feedback is required to reinforce the accountability.
Read MoreGreat leadership teams go beyond coordinating and managing the host of tasks that rise to the top of the organization and aren’t simply a collection of functional managers who are updating each other on the progress of their individual units.
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