Don’t Let Executive Team Dynamics Derail your Year-End Business Planning

Executive team dynamics can get in the way of developing and executing next year's strategies. Here’s why—and how to identify the elephant in the room. A healthy executive team rationally looks at last year’s performance and devises a clear strategy that sets the business up for success. But when team dynamics cloud the picture, strategies and budgets wind up weak or incomplete. And team members don’t fully commit to the plans, objectives, and actions necessary for success. Sometimes, these issues stem from legitimate disagreements about the best path forward. Other times, executives lack the skills and ability to align, a [...]

2024-04-10T14:20:06-05:00By |CEO, Communication, Conflict Resolution, Executive Team, Getting Results, Managing Execution, Organizational Alignment, Strategy, Uncategorized|Comments Off on Don’t Let Executive Team Dynamics Derail your Year-End Business Planning
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How to Prevent and Manage Family Business Conflict: Decision Making and the Family Business Constitution

by Matthew Levy Conflict among family members at home, at work, or in the board room can wreak havoc on individuals, family relationships, and the stability of the family business. Managing decision-making productively and preventing significant conflicts should be a primary objective for anyone in a family business.   For the Family in Business, there are three main causes of conflict: Lack of alignment as it relates to vision, values, expectations and policies The challenges of managing disagreements Strong emotions and sometimes even volatility The Family Business Constitution Every family in business together should have a Family Business Constitution, the [...]

2024-04-10T11:57:18-05:00By |CEO, Conflict Resolution, Executive Team, Family Business, Strategy, Succession Planning|Comments Off on How to Prevent and Manage Family Business Conflict: Decision Making and the Family Business Constitution
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Get Results and Be Great with People

By Matthew Levy  Problem: The executives that I speak with want to get better results at work. Some people push too hard and are perceived as jerks or bossy overlords. Other people struggle to get results because they’re weak, don’t ask for what they want, or don’t hold others accountable. The Place to Start is Awareness: The place to start is awareness. Awareness of our strategy and tactics is helpful. And, awareness about how we are perceived by others at work is valuable. We can learn from that. When preoccupation about how we are perceived becomes a distraction, disempowering, or [...]

2024-04-10T14:15:18-05:00By |Communication, Conflict Resolution, Executive Team, Getting Results, Leadership, Uncategorized|Comments Off on Get Results and Be Great with People
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Mining the Gems of Strategy in a Year-End Review

Problem: Most management teams fail to take advantage of the most strategic conversation available to them at year-end -- the one that unveils the hidden gems of learning that can have a profound impact both on next year’s strategy and on operational plans. What is the crucial conversation you ask? It’s the year-end review of the successes and failures of the past year. Having this discussion with the entire executive team present and doing it thoroughly ensures that the gems of strategy are mined, extracted, and polished to spectacular brilliance, ready to be applied immediately when the year begins. If [...]

2024-04-10T12:20:24-05:00By |CEO, Communication, Executive Team, Getting Results, Leadership, Managing Execution, Strategy, Uncategorized|Comments Off on Mining the Gems of Strategy in a Year-End Review
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Will Your Executive Team Dynamic Contaminate Year-End Planning?

by Matthew Levy A dysfunctional executive team dynamic will create a weaker strategy and a budget executives don’t really believe in or commit to.  A strongly aligned and effective executive team will develop a more innovative strategy and a better budget. So, one of the most important and timely decisions a CEO must make now is whether or not to address executive team dynamics as part of planning for next year. Problem: As we enter the tail-end of the year, executives are balancing these three things simultaneously: Ensuring results for this year, Planning strategy for next year, and Creating a budget based [...]

2024-04-10T12:41:50-05:00By |CEO, Executive Team, Getting Results, Organizational Alignment, Strategy, Uncategorized|Comments Off on Will Your Executive Team Dynamic Contaminate Year-End Planning?
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Manage Execution to Grow Like the Inc. 5000

by Matthew Levy Inc. magazine’s September 2013 issue features the 32nd annual list of the Inc. 5000 – a collection representing some of the finest companies in the country.  There’s no one industry they hail from, no single geography, and are spread across B2B and B2C – from business services to financial services to consumer products to healthcare to energy and more.  Their revenues range from 2 million to over 10 billion dollars. What do they have in common? Performance – 3-year growth rates of 34% to 43,000%.  How did they get there and what does it take to manage [...]

2024-04-10T12:52:33-05:00By |CEO, Executive Team, Getting Results, Managing Execution, Organizational Alignment|Comments Off on Manage Execution to Grow Like the Inc. 5000
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End Sabotage and Cure Organizational Schizophrenia

Executives frequently disagree with decisions that the executive team – or the CEO – have already made.  Sometimes, we even disagree with how a decision was made.  However, after a decision is made, we make a choice to either act in accordance with the decision or to act and speak consistently with what wish the decision was.  While we don’t often call it this, acting inconsistently with a decision that was made,  covertly or overtly and intentionally or unintentionally, is a toxic act of sabotage, negatively impacting the behaviors of others and diminishing the intended results. Furthermore, when we give [...]

2024-04-10T13:15:35-05:00By |CEO, Executive Team, Getting Results, Managing Execution, Organizational Alignment, Strategy, Uncategorized|2 Comments
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Don’t Miss Your Numbers, Call a Time-Out

Don't miss your numbers this year. Now is the time to get the company back on track before it's too late. Call a time-out and get the executive team offsite to assess the company's progress to date, resolve all the issues, and make plans to insure success for the year. Here is how...

2024-04-10T13:30:07-05:00By |CEO, Executive Team, Getting Results, Managing Execution, Organizational Alignment, Strategy|Comments Off on Don’t Miss Your Numbers, Call a Time-Out
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Aligning Executives with the Board: $8 million to the Bottom Line

Despite all the rage of the balanced scorecard, management by objectives (MBO), and the lip service paid to alignment, many CEOs still struggle to know the extent of their employees' commitment to corporate objectives. Putting the number on the power point slide, the scorecard, or getting the "yes" nod, doesn't necessarily ensure appropriate action. Whatever the strategy or objective, it is crucial to pay close attention to exactly what your executives are committed to and for what they are willing to be held accountable. Results Management Group was hired by a publicly held global manufacturer of electronic equipment to assist in [...]

2024-04-10T13:47:12-05:00By |CEO, Communication, Conflict Resolution, Executive Team, Getting Results, Leadership, Organizational Alignment, Uncategorized|Comments Off on Aligning Executives with the Board: $8 million to the Bottom Line
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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 accomplishments. 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 [...]

2024-04-10T14:32:27-05:00By |Communication, Culture, Executive Team, Family Business, Getting Results, Leadership, Managing Execution, Strategy, Uncategorized|Comments Off on Getting Results: 5 Elements of Effective Strategy Execution
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