Category Archives: Leadership

How Do You Enhance Teamwork and Leadership? Six Suggestions

Situation: A CEO wants to enhance teamwork and improve leadership at all levels within the company. Occasionally there is an attitude of “not my job” in response to a request. Differences in direction from leadership within the company has led to confusion of priorities. A common issue is the need to assure that priorities are aligned and consistently communicated across teams and the organization. How do you keep everybody on the same page? How do you enhance teamwork and leadership?

Advice from the CEOs:

  • Conduct daily and/or weekly meetings to assure that everyone is aligned and on message. This has the additional advantage of bubbling up more ideas from deeper down in the organization.
  • Develop clear action items within these meetings. Confirm at least verbal understanding and agreement on each item.
  • Involve all team members in team meetings. Enforce participation.
  • As facilitator, take charge of the meetings.
    • Reduce long, drawn-out meetings to short, concise meetings.
    • Prep ahead of the meeting – let all participants know that they are expected to come prepared as well.
    • Stay on focus during the meetings.
    • At the end of important discussions, and again at the end of the meeting, summarize action items and responsibilities, and confirm understanding.
  • Other things that help:
    • Reduce the use of buss words during meetings. Speak in language that all understand.
    • Speak in terms of outcomes, not tasks. If the discussion is derailed, refocus on outcomes.
  • This works effectively in meetings with all levels of employees.

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How Do You Train Others to Do Your Old Job? Four Points

Situation: A CEO has a key employee who has just been promoted to an important managerial position within the company. The task for this individual is to train others to do what he has done in the past. However. this individual feels uncomfortable training others to do what he was able to do. He feels like he is obsolescing himself. How do you coach this individual to let go of past responsibilities? How do you train others to do your old job?

Advice from the CEOs:

  • This individual was promoted because he excelled in his former job. His mastery of these skills, plus his past management background, prompted the CEO to offer him a managerial position. It is critical to understand that his job and responsibilities are no longer what they used to be.
  • As a manager, an individual is no longer expected to be a “doer”. The primary responsibility is now to select, manage, train, and promote others whose primary responsibility is “doing.”
  • As this individual is coached, encourage him to step back and look at the big picture of his new role.
    • The CEO does not expect perfection from the start. He understands from his own experience that learning management takes time.
    • However, he also knows that to become a new manager requires giving up many of the hands-on activities that one used to perform. The job is no longer to do these yourself, but to coach others to be able to perform these tasks to the standards of the firm.
    • Initially, this takes more time than “doing it yourself.” However, this individual now has talented people reporting to him and they will learn quickly. In a short while, it will take less time to delegate than to do it himself.
    • From a big picture standpoint, a manager justifies the higher salary and greater prospects that come with a new position by training his or her team to do what used to be “their job” at a lower salary than the manager’s current salary.
  • In short, in the role of manager, the better one is at developing others who can take on the skills that they used to demonstrate, the more successful that individual will be as a manager, and the more value they will bring to the Company.

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How Can You Improve Your Time Management? Four Points

Situation: A CEO says that she fills her time with too much, leading to pressure. She is concerned that by thriving on pressure she may be sacrificing quality. Additionally, she wonders whether she is trying to do too much. How do you improve your time management?

Advice from the CEOs:

  • The real key is creating priorities, and concentrating on these. As Brian Tracy indicates in The Creative Manager, geniuses know how to concentrate fully on one thing at a time. As a corollary, multitasking is the enemy of genius and quality – it sounds neat to say that one can multitask, but the reality is that this is wasting both focus and productivity.
  • Many of the Forum members revisit their priorities daily.
  • Consider the Quadrant paradigm from Steven Covey:
Quadrant 1

Urgent + Important

This is where top CEOs spend 20-30% of their time

Characteristics:

Reactionary

Deadline-Driven

Quadrant 2

Not Urgent + Important

This is where top CEOs spend 70-80% of their time

Characteristics:

Proactive

Planning Ahead

Quadrant 3

Urgent + Not Important (not on your high priority list)

Delegate These Tasks

Quadrant 4

Not Urgent + Not Important

Do Not Do These Tasks

Be Aware of Them and Watch to See if They Become Important or Urgent

  • Quadrants 1 and 2 represent the highest priority tasks, and only the highest priority tasks. Quadrant 3 represents lower priority tasks. Quadrant 4 is self-explanatory.
  • As CEO, delegate many of the Q1 items to staff and spend more time in Q2.
  • Do Not spend any time in Q3 and Q4. There may be times when it is necessary to do some Q3 tasks, but keep these to an absolute minimum.
  • Use the quadrants to better manage time. Take the existing task priority list and categorize each task in the appropriate quadrant. Within each quadrant, prioritize each responsibility. Get together with the management team and delegate these tasks as appropriate. All of the Q3 tasks are areas to delegate to the team and supervise their work.
  • One of the responsibilities of management is to be the firewall for the CEO. This means keeping all Q3 and Q4 tasks off of the CEO’s plate, and handling as many Q1 tasks as possible so that the CEO can concentrate on Q2 tasks.
  • Completing this exercise should yield immediate ways to reduce existing time management pressures.

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What are Appropriate Social/Personal Interactions at Work? Three Points

Situation: A new CEO has been promoted from within the ranks of a small-to-medium sized company. He was told by the board that the promotion was based on exemplary performance and the feeling that he was ready for this responsibility. He’s been with the company for many years and has developed close relationships with co-workers. How will the promotion impact those relationships? What are appropriate social and personal interactions at work?

Advice from the CEOs:

  • Consider three cases:
    • Case 1 – Even though two individuals may be friends outside of work, they do not engage as “friends” at work. There is a different role structure at work.
    • Case 2 – Coaching of children as an example: though two individuals have a friendship or close relationship outside of work, for example frequently playing golf or another sport, favoritism should not be shown toward this individual at work. Preserve the veil of trust with the other employees.
    • Case 3 – A CEO often has lunch with employees, but no other social activity outside of work. This individual often expresses a personal interest in others’ families and their families, interests and hobbies. This person takes the time to show that he or she cares about employees.
  • Just as was the case between the new CEO and the prior CEO, there is a natural distance between any employee and those individuals who evaluate or review them. The evaluators or reviewers have a power over the employee that prevents them from approaching each other as true peers.
    • Because of this natural barrier, do not try for force social or personal interactions. The best that one can do is to make sure that the others know that the CEO cares about them, has their interests in mind, and shows an interest in their families, interests and hobbies.
    • It is important to take advantage of opportunities to demonstrate an interest in others.
  • The person who asked the question mentioned the success of the CFO in building relationships with others in the office. If invited, attend these same functions. Observe and learn from the CFO’s interactions with the others. Model the CFO’s interactions but add your own individuality to this modeling. Most of all, listen actively, and patiently allow the interactions to mature. Don’t force things.

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How Do You Raise the Bar on Personal Performance? Five Suggestions

Situation: A CEO is constantly striving to increase her skills, both personal and professional. She has sought and participated in a number of workshops to facilitate ongoing improvement. Some have been helpful but others less so. What have others done to sharpen their professional skills? What about their personal skills – the human side? How do you raise the bar on personal performance?

Advice from the CEOs:

  • Focus on improving and sharpening your strengths, not on overcoming or improving areas that are not so strong. Look for ways that existing strengths complement each other and build on these combinations. This will naturally yield two benefits: raising performance and bringing greater satisfaction.
  • Create personal objectives that will help to sharpen existing strengths.
  • Conversely, develop workarounds for those areas which are not as strong. Look for talents among the others within the company that address the areas which are not as strong. Have them assist in work pertaining to these areas. They will enjoy this work because it complements their strengths, and you and the company will gain the desired results.
  • Take time to reflect and to recharge the batteries. Check current objectives and assure that these objectives compliment your long-term goals. Assure that you are focusing on the right priorities for YOU.
  • Find a mentor – in or outside of your industry. This will be an individual with experience who can provide you with guidance and clarity as you address both day-to-day and long-term challenges.

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How Do You Position Yourself as the New Leader? Five Points

Situation: A medium-sized company has just been acquired. A long-term employee has been named CEO of the entity. During his tenure with the company, he has established solid relationships within the company and is well-respected. He understands that he is no longer a co-worker but is now CEO. How does he best position himself to both employees and to the acquirer? How do you position yourself as the new leader?

Advice from the CEOs:

  • Proactively engage the team in a dialogue about the direction and potential of the company. Focus comments on the positive and the potential of the firm and the combined entity. The acquirer is bringing a new sense of excitement and energy to the firm. They will be looking for key leaders who share their excitement.
  • Market yourself to the new owners.
    • Develop a list of hopes, desires, and needs.
    • Dialogue with the acquirers and learn their hopes and dreams for the combined entity.
    • Look for synergies between your and their hopes and desires. Create your own marketing campaign around these synergies.
    • Position yourself an essential member of their transition team.
  • Select a mentor from the acquirer. Actively seek out their advice and guidance. Use them as a sounding board as you develop your campaign as new CEO.
    • The new organization is now just a plan and may be very flexible.
    • Ask acquirers about the model that they see. What are their key objectives for the first year? What niche do they wish to fill buy acquiring the company? As the key liaison between the company and acquirer bring value to the transaction.
    • When speaking to them, listen for their questions of how they see you fitting into the organization. This will present an opportunity to define your role by addressing their key needs during and after the transition.
  • The same suggestions apply to an individual receiving a promotion within the same company.

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How Do You Hold People Accountable? Four Suggestions

Situation: A new CEO of a small company finds it difficult to hold people accountable. To her, delivering criticism feels like delivering “bad news.” This makes her feel uncomfortable, so she hesitates and often takes care of tasks herself. This cuts into her planning and strategy time. How do you hold people accountable?

Advice from the CEOs:

  • This may be a question of semantics and the view of the task.
    • From a big picture standpoint, real bad news is saying “you’re fired!” By comparison, providing input to correct behavior or results is minor. Consider it coaching instead of bad news.
    • Consider the other person. Constructive feedback is positive. It communicates care about them as a person and their future within the company. It expresses a desire that they do well, and that the CEO is willing to take the time to help them.
  • The CEO’s job is to captain the ship that the team serves. When the CEO “does it herself” instead of providing coaching to others, she has abandoned the wheel. It also suggests that others aren’t up to the job.
  • Step back and look at the CEO’s big picture.
    • Nobody expects immediate perfection. The CEO position was offered because others judged the person as ready for it. They know from experience that learning management takes time.
    • However, they also know that becoming CEO requires giving up past responsibilities. The job is to coach others to perform to company standards.
  • What immediate steps can be taken?
    • Prioritize management time over task time.
    • When a team member’s work needs correction, do this with them. Show them how to correct the work. Coach them to the proper standards. Assure that they are clear on why and how to complete the work.
    • This is a double win – getting the job done in less time (for the CEO) and helping the team member to complete the work correctly the next time.
    • The CEO’s position is not as a resource. The role is to develop resources. This is the new value to the firm, the justification for the CEO’s salary, and the key to future success.

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How Many Direct Reports is Too Many? Five Thoughts

Situation: A young company has been growing rapidly but hasn’t been growing its infrastructure to support its growth. The CEO now has fifteen direct reports. Things are getting hectic and the CEO wonders whether it’s time to make a change. How many direct reports is too many?

Advice from the CEOs:

  • It is generally accepted that the largest number of direct reports that an individual can successfully manage is ten. Beyond this and even at this number, if the reports require significant supervision it is difficult to meet the needs of the individuals and to effectively direct their multiple activities.
  • The maximum number of individuals that you can manage depends upon what you are managing.
    • If the individuals are very independent, then perhaps ten can be managed.
    • If the individuals require any significant levels of supervision and/or training, the number goes down rapidly.
  • This is both a challenge and an opportunity. The challenge is determining the right number of reports for the CEO to manage. The benefit is the opportunity to start building a management team.
  • The benefit will be that by adding managers reporting to the CEO, there is the opportunity to train individuals who can take on additional managerial responsibilities in the future. As the company continues to expand this will become critical to future growth.
  • Another benefit is the ability to divide responsibilities among the teams.
    • For example, one team becomes the sales team, a second the Client Services team, and a third becomes the back-office operations team.
    • As the company expands, there is the opportunity to add additional subgroups to the sales and client service teams. simultaneously serviced by the existing back-office operations team.

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How Do You Strike a Healthy Work/Life Balance? Three Points

Situation: A CEO fills nearly every minute of the day with activities. All these meaningful to him and the company, and he enjoys the contribution that he is making. However, he fears that he is beginning to burn out. Is burning the candle at both ends doing harm or creating the legend? How do you strike a healthy work/life balance?

Advice from the CEOs:

  • We are best at what makes us happy. We are the only individuals who can really monitor our activities, so we must set both our own priorities and the metrics.
  • The priority is a positive, healthy lifestyle. What may be getting in the way?
    • Getting enough sleep. Medical studies indicate that while some people can get along on 6 hours of sleep per night, most need 7-8. Those who get less than 6 hours on a regular basis are taxing their bodies as well as their psyches. Are you are not getting enough sleep to sustain your current level of activity? Is the recovery time from strenuous activity increasing? If so, your body is telling you something!
    • Quality time with significant others. Are you spending enough quality time with your spouse and children? On a regular basis, not on a once-per-week evening out. Is your family receiving the time and attention that they need, or are they sending signals that they need more? Given the importance of these relationships, not just now but looking out 10-20 years, perhaps it is necessary to reallocate proprieties.
  • Create monitors to assure that you are not over committing and that you are giving sufficient time to rest and your family. After all, this is a marathon. You don’t want to burn out in the first mile!

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How Do You Motivate the Team to Act Proactively? Four Thoughts

Situation: A company has developed a good team to support its projects. They work together well and demonstrate good work habits. However, the CEO wants to improve communications between team members, and also between herself and team members. When challenges arise, she wants to hear about them proactively, on a timely basis and with recommended solutions. How do you motivate the team to act proactively?

Advice from the CEOs:

  • Is this just a question of communication within the team, or is there also concern with communication beyond the team?
    • There are two long-term employees who consistently demonstrate a poor work ethic; however, due their seniority and relationships with the Foreman, this is tolerated.
  • What steps should be taken to deal with this situation?
    • The Foreman reports directly to the CEO. The proper way to deal with this is to develop a solution that serves the interests of the company.
    • The company lives and breathes on customer satisfaction. If any worker shows a pattern of substandard work, this negatively impacts both the image and the value of the company.
  • Clear and fair standards and expectations are critical:
    • Establish a policy that workers are responsible for assuring that work meets standards before completing a job.
    • Establish a list of specific standards for work, and job checklists to assure that work is complete and meets standards. Spot check to assure that the work and checklists meet standards.
    • If a supervisor finds work performed below standard this will result in a warning to the worker. If the worker continues to perform substandard work, this becomes grounds for termination.
    • If a worker misrepresents the quality of work performed on a final project checklist, this is grounds for immediate termination.
    • Ask key managers and supervisors for input on the policy. This is not a democratic process, but others should be given an opportunity for input.
    • Post the policy and provide all employees with a copy. Communicate the policy openly both verbally and in writing.
  • Meet informally and frequently with the team to deepen relationships with them and between each other.

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