Don’t Let Executive Team Dynamics Contaminate Year-End Planning and Results

SITUATION: Executives balance these three things simultaneously, at year-end: Ensuring results for this year, Planning strategy for next year, and Creating a budget, hopefully, based on that strategy to which all executives commit. Too often, strategy development gets rushed at year-end, lacks innovation, or it does not happen until after a budget is hacked out.  Critical conversations are avoided as executives pretend that the elephant in the room is not there. Little if any focus is put on the dysfunctional team dynamic that is contributing to the entire process being ineffective.  As a result, executives don’t align with the strategy, [...]

Consultant Lists 10 Symptoms of Management Dysfunction

Miami, FL, December 5, 2007 -- John Thain, CEO of Merrill Lynch, has pledged to revamp the bank's culture in response to insufficient management team co-operation that he believes could have contributed to the $8bn mortgage write down according to the Financial Times on December 3, 2007. "Thain's acknowledgement of culture and Management Dysfunction as a key contributor to poor business results is a courageous admission and other CEOs should be investigating it as well," said Matthew Levy, CEO of Results Management Group. "The impact on corporate culture of poor executive level collaboration may be the single most underestimated cause [...]

2013-09-20T12:26:19+00:00 By |Uncategorized|0 Comments

Getting Results: 5 Elements of Effective Strategy Execution

There are some critical elements of strategy execution that we can implement today by being more effective in our conversations with our colleagues. As we model these aspects of effectiveness, we will dramatically alter our results and the way work gets done. In the areas that you are not getting the business results you seek, which one or more of these 5 aspects are missing? 1. Relationships Relationships are the foundation of all accomplishment. If a relationship isn’t one of trust and support then it can’t handle straight open communication and results suffer. Do all your relationships support the results [...]

2013-09-20T12:47:41+00:00 By |Uncategorized|Comments Off on Getting Results: 5 Elements of Effective Strategy Execution