Do you have an effective executive team?
We are being asked by more and more clients to look at leadership effectiveness – not only at individual level – but also as a collective board or executive team.
For example, production and supply chain leaders are increasingly encouraged to work with customers as participants in customer innovation processes and knowledge share. Sales leaders are encouraged to collaborate better at sales and operations planning stage and so on. We call this the Enterprise Level. Indeed, leadership is about the sum of its parts as well as at individual levels.
Our partners at SHL have recently launched their Enterprise Leadership Model which we are currently introducing to clients who may need to improve governance and collective decision making. We have long found that collaborative cross functional working is a major concern to many organisations.
Technology such as ERP has not been successful at helping to raise the performance bar for may organisations who still suffer from silo mentalities, narrow departmental working and dysfunctional collective leadership.
Focussing on a common goal with collective decision making reaps benefits. CEB estimate:
- An impact of 12% revenue growth for the leader’s business unit
- An impact of 5% revenue growth for other business units
- Teams led by an enterprise leader are 68% more innovative and 21% more adaptable than teams of individual leaders
- Teams experience higher levels of engagement and customer satisfaction when their leader is an enterprise leader compared to an individual leader.
Contact Matthew Davis firstname.lastname@example.org or call him 02380 2136944
The Occupational Psychology Group has been a leading business psychology consultancy since 1991. We provide online assessment for a growing list of clients and offer both bespoke solutions and SHL OPQ32 reports. Our business focused consultants understand business and they understand how people make the difference to performance and capability.