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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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 cooperation that he believes could have contributed to the $8bn mortgage write down according to the Financial Times on December 3, 2007. "Thain's acknowledgment 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 [...]

2024-04-10T14:40:18-05:00By |Uncategorized|Comments Off on Consultant Lists 10 Symptoms of Management Dysfunction
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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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