CEOs tend to be strong in decision-making and the financial elements of their jobs, but weak when it comes to managing their people and developing talent, according to a survey of 160 North American boards of directors and CEOs. Specifically, ‘mentoring skills’ was tied with ‘board engagement’ for first place in CEO weaknesses, followed closely […]
Subject: Senior Leaders
Small Vs Large Top Management Teams and the CEO’s Workload
‘Span of control’, a concept which refers to the number of people who report directly to a manager, has been part of the management lexicon for decades. New technology, which enables easier access to more comprehensive data, now allows researchers to study in greater detail the implications of span of control — specifically how the […]
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Do Your Managers – Responses to Market Results Damage Profits?
Many managers believe that quality is something that they as managers and decision-makers can control. Quality is internal and stable, unlike prices, which are subject to changing market conditions. Although prices are set internally, of course, these outside market pressures effectively, in the view of managers, take price decisions out of their hands (for example, […]
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The Curse of the Narcissistic CEO
The decisions of C-suites and boards are influenced by the previous experiences of their members. In uncertain situations, organizations gain legitimacy — and reduce the costs of experimentation — by copying others. These common-sense principles are borne out in a large body of research that points to the importance of ‘interlocks’ — i.e. previous or current ties to […]
Six Steps to Using Executive Power Wisely
There are countless reasons why CEO and senior executive turnover takes place; external factors such as economic volatility, disruptive technology, and industry shakeups can all play a part. But according to an article published in IESE Insight, a senior leader’s own perceptions are a crucial factor in their fall from grace. Sebastien Brion describes a […]
Generalist CEOs Not Specialists Spur Innovation
Generalist CEOs are CEOs who have worked in different organizational areas, for a number of different firms, in different industries, or even in a conglomerate firm. Former IBM CEO and Chairman Louis Gerstner is a typical example. Before joining IBM, he had been a consultant at McKinsey & Company, had held senior positions at American […]
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Do Soldiers Make Good CEOs?
Do soldiers make better CEOs? There is no doubt that the hands-on leadership lessons learned in combat — or in preparation for combat — can seldom be matched by any corresponding leadership learning from business school or a typical corporate environment. Given the stress of war or training for war, ex-military business leaders may be […]
Power Reduces Awareness of Constraints
When it comes to setting and achieving goals, power makes a difference. Those with more power are quicker to establish goals, and to take action to achieve those goals, than people with less power. To some extent, this is understandable: the powerful are less dependent on others and have greater control over outcomes. They also […]
Leadership Ensembles: 4 Blueprints for Senior Decision-Making
Imagine a cellist, taking on different roles depending on whether he/she is playing with a quartet, a chamber orchestra, or a full orchestra. Today’s leaders are not dissimilar; they come together in different arrangements to undertake most of an organization’s decision-making. These groups of leaders, or ‘ensembles’, debate changes in their company’s direction, or draw […]
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Leaders Less Stressed than Followers Due to a Sense of Control
In a classic Harvard Business Review article published in 1981, Harry Levinson said “managing others… creates unending stress… Today’s managers face increasing time pressures with little respite.” Levinson’s view is not unique; in fact, leadership is still widely viewed as highly stressful. A 2013 Business Insider article describes being a CEO as an “incredibly lonely […]
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