|
Top Team Effectiveness - What CEOs should do Copyright
© 2007 Chiswick Consulting Limited
A study undertaken by Ernst and Young Centre for Business
Innovation showed a direct link between top team effectiveness
and company valuation. The survey concluded that 35%
of an investment decision was driven by non financial
data such as "execution of corporate strategy"
and "management credibility". Moulding and
shaping the top team is a key function of the CEO's
role but few get it right. What are the characteristics
of an effective top team and what can a leader do to
deliver top team effectiveness?
How do you define a team?
A real team has a task that demands a high level of
interdependency ' something that can only be accomplished
together as a team. The team also has reasonably stable
boundaries so that membership is not constantly changing
and it is easy to tell who is on the team.
What makes for an effective team?
Richard Hackman of Harvard University, working with
the Hay Group, identified five conditions of top team
success:
- Clarity of Direction
- Appropriate Structure and Rules of Working
- Right Mix of People
- CEO Support and Sponsorship
- Individual and Team Development:
It is easy to make the assumption that a top team made
up of successful, strong willed individuals, does not
require help from the CEO. However, the research that
Hackman and others have done comparing highly effective
top teams with average or poor performing teams suggests
the CEO can and should play a key role in ensuring the
team's success.
What the CEO can do:
1. Establish a clear and compelling direction.
Leaders of effective teams communicate a vision to
the team rather than assume that the team shares it.
If the leader doesn't communicate this vision a vacuum
is created, one that all members rush to fill with their
own individual priorities and goals. These individual
goals do not add to the collective or interdependent
goals.
In short, leaders of effective teams communicate a
vision to the team rather than assume that the team
shares it.
2. Create an appropriate structure
Size matters! A CEO who wants to create a successful
team will populate it with 6 to 8 team members and no
more. More individuals may mean competing interests,
more personality clashes and a greater risk that factions
will form. A CEO may let the team grow if he or she
is fearful of offending key players, however, the question
the CEO must always ask is "Given the team's goal,
do they have the expertise to deliver it?".
Set the rules. CEO's will facilitate effective team
working if they overtly define two or three 'norms'
or ways of working for the group. Rules such as 'never
play politics' or 'deliver what you say you will' or
even 'no Blackberries at the table' clarify for the
team what is and is not acceptable behaviour. The CEO
has a role to play in enforcing these rules and other
procedures such as effectiveness of team meetings.
In short, leaders of effective teams don't play politics
but focus on what and who will deliver the goal.
3. Get the right mix of people working together
People on outstanding teams are not necessarily more
driven, nor more committed than members of less accomplished
teams. What people on the best teams contribute is the
ability to work with others.
In particular, CEO's can facilitate outstanding performance
by recruiting people with two critical characteristics:
Empathy ' the ability to understand others. This involves
listening to others and is critical to buy in ' members
of a team will only buy in to the team process if they
feel they are both heard and understood. Resentment
builds if people feel they have not been listened to.
Integrity ' behaving consistently with the organisation's
values ' even when it may be risky to do so. Integrity
is critical as it involves individual team members trusting
one another to deliver what they say they will.
In short, leaders of effective teams must recruit team
members with empathy and integrity and lead by example
by speaking their mind and 'walking the talk'.
4. CEO Support and sponsorship
CEO's can ensure the effective performance of the top
team by providing information, data and resources to
deliver the team goals.
Compensation structures which encourage and reward
team members who buy in to the team goals, send a strong
message about what a company values.
In short, leaders of effective teams support and reward
team based behaviours
5. Provide Individual and Team Development
CEOs of outstanding top teams review team performance
openly discussing how the team is doing, what it is
doing well, what it is doing poorly and what its members
have learned.
These same CEO's also provide individual coaching to
team members.
In short, leaders of effective teams review performance
and coach individuals and teams to get better.
An outstanding top team delivers real benefits: - they
advance the CEO's agenda much more quickly than an average
or poor performing team and they enable a company to
weather the tough times more effectively (because all
members share and buy in to the same vision). Outstanding
top teams don't just happen ' they are created and nurtured
by the clever CEO who understands their power and value.
Author: Pam Kennett
Pam Kennett is Founder and Director of Chiswick Consulting
Limited a management consultancy which provides advice
and direction to clients in marketing and human resources.
Pam has more than 20 years experience working with CEOs
to deliver more through better people management practices.
Contact her at pam@chiswickconsulting.com
or visit http://www.chiswickconsulting.com
.
Keywords :Hay Group, top team, team effectiveness,
CEO, leadership, Hackman, leadership style, CEO leadership,
CEO management, management, leadership, team leadership,
team development, norming storming
Content Provided By : SubmitYOURArticle.com
|