Chief executives want their executive team to be aligned to their firms strategy. To do this they start with with a great company strategy that has typically cost hundreds of thousands of dollars/pounds/euros to put together using world-class strategy consultants.
The chief executive feels assured that executive team members should be aligned with the strategy as they were each consulted while it was being constructed.
The chief executive holds an executive off-site just to make sure everyone is singing from the same hymn sheet. Often they bring back the strategy consultants to facilitate this session. Everyone nods and overall there is agreement that the strategy is the righ for the company.
Everyone returns from the business and the strategy starts to be implemented.
After a few months, you, as chief executive, start to observe to your frustration that the implementation is stalling in some area, also perhaps some of the executive team members are still more focused on their silos than company wide initiatives.
You thought the executive team were aligned to the strategy, but they aren't.
Moral of the story: Never align your executive team to your strategy.
Unless first you…
…ensure your executive team clicks.
- your executive team is aligned as a team
- they have a collective executive team purpose
- they know, and agree, what is expected of them as an executive team member
- they have drawn up guidelines for individual and collective behaviour
- any individual or team dysfunctional behaviour has been expelled
- they understand how they tick as individuals
- they understand the dynamics within the executive team
- they calibrate their performance against other top-tier executive teams
Many executive teams don’t have these fundamentals in place. So it is no surprise that they don’t click and dysfunctional thinking & behaviour means they are not aligned to the company strategy.
And this lack of alignment means your strategy is less likely to be effectively implemented and your company's success in the marketplace will be reduced.
Take-away: Never align your executive team to your company strategy unless you first ensure your executive team clicks. (And when your executive team clicks there will be no future need to align them to the company strategy as all will be in sync).
You might also enjoy these articles:
- Apr 26, 2017 Is your mother in your executive team meetings?
- March 2017
- February 2017
- January 2017
- December 2016
- November 2016
- Oct 27, 2016 The Psychological Impact Of Being A Chief Executive
- Sep 22, 2016 Expect More, Get More.
- Aug 25, 2016 "Boys Don't Cry"...but should CEOs?
- Jul 28, 2016 Fear of death: The curse of the executive in their twilight years
- Jul 1, 2016 How To Lead In Uncertain Times
- Jun 1, 2016 How You Deal With Anxiety In The Boardroom
- May 26, 2016 What's The Smell Of Your Organisation?
- Apr 28, 2016 The Attributes Of An Effective Executive Team
- Mar 24, 2016 The Fearless Executive
- Mar 17, 2016 How You Can Create The Environment For Top Team Performance To Thrive
- February 2016
- January 2016
- Dec 17, 2015 “My Heart Belongs To Daddy”
- Nov 26, 2015 How To Make Better Executive Team Decisions
- Oct 29, 2015 How To Tell If Your Executive Team Is Dysfunctional
- September 2015
- Aug 27, 2015 Why Executive Teams Can Sometimes Be Lazy
- Jul 30, 2015 How To Get Buy-In (And It's Not What You May Think)
- June 2015
- May 2015
- April 2015
- March 2015
- February 2015
- January 2015