1. How to increase executive's
effectiveness
Presented by Options&Ideas
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The entire organisation performs better when the leadership staff
gets along well. To create a high-performing executive team,
adhere to these steps.
In an organization, executive teams have two crucial responsibilities.
The first is plain to see, that they give the business leadership in
terms of strategy and operations. The second is equally significant
but less evident. The company's organisational and cultural DNA is
provided by the executive team.
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Increased executive team effectiveness's
effects
The number of books and papers that have been written about strategy and operations may
fill entire libraries. However, less attention is paid to the executive team's second function.
Executive team performance receives little attention, yet it can be the foundation of a huge
competitive advantage for businesses that do it right.
In a recent study we conducted of senior executives, 65% of respondents said that there was a
conflict between functional and corporate accountability on their executive teams. However,
less than 1 in 5 respondents said their executive teams were "very effective."
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These 2 Features Characterise the Best Executive Teams
1. Strategic orientation.
Effective executive teams create an organisational vision and devote a lot of time and effort to
the strategic level.
2. Taking a group approach.
Top-performing executive teams collaborate while taking a corporate-wide perspective on
their individual and group responsibilities.
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Five Steps to Creating a Highly Successful Executive
Team
1. Make the proper diagnosis.
Every person, group, and organisation must have situational awareness. The
members of your leadership team should be experts in this skill.
2. Establish a sound mental model for leadership.
Senior executives bring preferences, biases, and experiences from the past to their positions.
However, the responsibilities of the leadership team demand that they exercise leadership
much beyond their particular sphere of influence and do it in a manner consistent with the
general culture and goals of the organisation.
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3. Adopt the proper attitude.
The executive team shouldn't be the pinnacle of professional development for seasoned
leaders, but rather a fresh challenge that calls on them to keep learning and developing.
They must also encourage individuals with whom they contact and their direct reports to go
beyond their technical competence by sharing this perspective with them. A cohesive
growth mentality characterises a high-performing leadership team.
4. Achieve appropriate interactions.
Effective teams must establish clear "interaction rules" that govern how team members engage with one
another. These norms for professional engagement must transcend cultural, functional, and contextual
differences to become the "relational DNA" that underpins business interactions across the organisation.
Members of the executive team need to be open, vulnerable, and at ease learning in front of others. They
also need to be good communicators.
5. Follow the diffusion laws correctly.
Finally, the ability of executive teams' decisions, thoughts, and behaviours to quickly disseminate and magnify over huge
numbers of individuals at all organisational levels — to processes, initiatives, and places where they are not personally
present — is essential for their effectiveness.
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Mind Effect
Little correlation between
a man’s effectiveness,
and his intelligence,
imagination, and knowledge!
Brilliant men are often strikingly ineffectual!?
Brilliant insight is not by itself an achievement, and definitely not the
effectiveness.
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EFFECTIVENESS <=? INSIGHT + HARD SYSTEMATIC
WORK
RUSH AROUND IN A FRENZY AND BELIEVE THEMSELVES
TO BE INNOVATIVE.
Plodders advance first by putting one foot in front
of the other.
Effectiveness is what turns knowledge, creativity, and
insight into outcomes!
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WORK TYPES:
(1)
MANUAL WORK => EFFICIENCY – ABILITY TO DO THINGS
RIGHT.
KNOWLEDGE WORK => EFFECTIVENESS – ABILITY TO GET
THE RIGHT THINGS DONE!
A MANUAL WORKER'S PERFORMANCE CAN BE EVALUATED USING THE AMOUNT AND QUALITY OF A
SPECIFIC DISCRETE OUTPUT.
THE MANUAL WORKER IS EFFECTIVE WHEN THEY PRODUCE A LOT OF THINGS!
THE DIRECTION OF THE ACTIVITY THAT PRODUCES THE RESULT MIGHT BE USED TO EVALUATE
KNOWLEDGE WORK.
THE KNOWLEDGE WORKER IS EFFECTIVE WHEN THEY ARE WORKING ON THE CORRECT TOPICS!
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WORK TYPES
(2)
EVERY ORGANISATION USED TO BE DOMINATED BY
MANUAL LABOURERS.
THE KNOWLEDGE WORKER IS NOW IN THE CENTRE
OF THE UNIVERSE!
EXECUTIVES INCLUDE ALL KNOWLEDGE WORKERS
AND MOST MANAGERS, BUT NOT ALL.