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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Excel at Execution to Achieve your Strategy

By Matthew Levy If your company is going to excel at managing better and more predictable results, it must excel at managing execution. Typical Performance Management is Inadequate Typical employee performance management is inadequate even if it includes some formal goal setting and annual performance reviews.  The problem is that these rarely inspire true commitment to goals that align with strategy or the predictable achievement of these goals in any manageable way.  It also doesn’t create a performance culture or give management the feedback it needs to properly assess performance, move projects forward, or create transparency. Mastery of Execution is Essential For [...]

2024-04-10T12:08:44-05:00By |CEO, Getting Results, Managing Execution, Organizational Alignment, Strategy|Comments Off on Excel at Execution to Achieve your Strategy
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Overcome the Six Hurdles to Effective Execution Management

The Problem: All people break promises some of the time and most companies are bad at execution management, accountability, and getting predictable results. The following are six barriers that are holding back your company.  Putting in place an effective system for managing execution will allow your company to overcome these hurdles. Six Hurdles to Effective Execution Management: #1 People often don’t keep their promises Keeping promises is the bedrock, heart and soul, glue, and foundation of successful and predictable execution. Do your leaders demand that people do what they promise or do they consistently tolerate excuses? In companies where people [...]

2024-04-10T12:14:05-05:00By |CEO, Getting Results, Managing Execution, Organizational Alignment, Strategy, Uncategorized|2 Comments
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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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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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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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