River Currents

5 Ways to Get the Most out of the CEO Evaluation Process

Posted by Michael Franklin on Jan 10, 2017 11:34:37 AM

On a high-level, the process for planning and evaluating CEO performance is relatively straight forward.

But what about the nuances that play a huge role in determining the value gained from the process?

How the performance expectations and evaluation criteria are set, assessment is completed, Board is engaged in discussing results, and how feedback is delivered and discussed with the CEO?

Here are five guiding principles for realizing the benefits of an effective CEO evaluation process.

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Topics: Advising CEOs

A “New Normal” for the C-Suite: Learning Agile Leaders

Posted by Peter Thies on Dec 6, 2016 11:38:08 AM

What are CEOs looking for in the next generation of C-Suite leaders?  

Let’s look at three real-world examples:

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Topics: Advising CEOs, Developing Leadership Teams

5 Reasons Your Performance Management Conversations May Fail

Posted by Katherine Stowe on Nov 17, 2016 11:23:46 AM

Every year organizations invest thousands of man-hours in the annual performance review. And yet, despite all this effort, all too often employees walk away dissatisfied and demotivated.

Why? One big reason is that, for an employee, performance management is often less about the process, the form, or the final ranking.

For each of them, it is more about the quality of the ongoing conversation between them and their boss. And unfortunately many managers are not good at having these conversations.

  


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Topics: Growing Leaders

How the Most Successful Sports Team of All Time Uses Shared Leadership

Posted by Gavin Fenn-Smith on Nov 10, 2016 12:14:48 PM

Are the All Blacks the most successful sports team in the history of sports? Any team, any sport, anywhere in the world? Some say so. The All Blacks (The New Zealand men's rugby team) are the best side to have ever played that sport; three times world champions, with a 77% win record stretching back 100 years. They have not lost on home soil since 2009.


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Topics: Developing Leadership Teams, Growing Leaders

Conquer Culture Change by Attacking This Challenge

Posted by Bani Mahindroo Kumar on Oct 25, 2016 10:50:29 AM

Few things are more daunting than your strategy having ‘Culture Change’ among the priorities for the year.

Communication is often undervalued when it comes to transforming a culture. We have often seen a direct correlation between deficient cultural values and poor organisational communication. Leaders don’t speak to employees often, stories aren’t shared, strategic and policy changes are made in the organisation without giving employees much information, and the list goes on.


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Topics: Transforming Organizations

How to Orchestrate a Successful Company Transformation

Posted by Michael Franklin on Oct 11, 2016 11:06:51 AM

At some point in their careers, nearly all CEOs face the challenge of dramatically changing their businesses and organizations in order to sustain the success of their companies.

You may be a new CEO who was brought in to improve performance of a stalled company. Or an incumbent CEO dealing with disruptive technologies that are driving changes in your business model. Or a founder CEO with a window of opportunity to drive hyper-growth.

Whatever the situation, you are the only leader in the organization with the perspective and scope of authority to strategically determine “what” about your company needs to change and “how” to bring about those changes in ways that lead to sustained success.


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Topics: Transforming Organizations

Grilled on the Hill: 3 Lessons from CEOs in the Hot Seat

Posted by Peter Thies on Sep 30, 2016 10:27:13 AM

The public grilling of CEOs on Capitol Hill that intensified last week came with the usual 24/7 media coverage. Media hosts and their guests evaluated the grilled CEOs on their performance in the hot seat. Opinionated pundits from all corners jumped on the bandwagon about heinous business practices and CEO greed. Consumer advocates, corporate governance experts, Washington insiders, business news stations and a growing cast of experts will no doubt continue to opine on what the CEOs did wrong.

I will not add to the grilling or apologize for the CEOs. Instead, I want to focus on what CEOs can learn from the high profile Capitol Hill Grillings of 2016: John Stumpf at Wells Fargo, Heather Bresch at Mylan, Michael Horn at Volkswagen of America, and Martin Shkreli at Turing Pharmaceuticals.

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Topics: Advising CEOs

Applying the KISS Principle to Executive Development

Posted by Peter Thies on Sep 13, 2016 4:10:37 PM

There’s an inherent paradox in the development of CEO succession candidates. On the one hand, the developmental degree of difficulty is high at the executive level. But at the same time, the capacity of top executives to invest in their professional development is inherently limited given the intense demands on their time. There are simply too many priorities, meetings, and initiatives to attend to.

So how do you help executives who can benefit from deep development insights, yet are trapped in the “ADD” world of today’s business climate?


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Topics: Advising CEOs, Growing Leaders

How to Become a Leader? Do Leadership Work.

Posted by Gavin Fenn-Smith on Aug 30, 2016 10:56:35 AM
This is a review of "Act Like A Leader, Think Like A Leader," by Herminia Ibarra, published by HBR Press.

Contrary to much received wisdom about how to develop your leadership skills; this book exhorts you to spend less time on introspection and self-analysis, and much more time learning to do the work that leaders do. Starting with introspection has the danger of rooting you in your current self-perception, rather than in your potential. And you won’t know your potential until you start doing the work of a leader. Start doing the work of a leader, then reflect on it and on how you handle it, later. 


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Topics: Growing Leaders

Making a Leader...Lessons from the Olympics

Posted by Ana Maria Sencovici on Aug 26, 2016 11:08:06 AM

It’s Olympics season, and performance is top of mind for everyone. It’s also a wonderful time to remember that the amazing athletes we are seeing train all the time, for a long time, to perfect their craft. Further, according to this Scientific American article, the right coach can make or break an athlete.

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Topics: Advising CEOs, Growing Leaders