| |
| |
|
Management Information |
|
|
|
CEOs Are Great, Top CEOs Are Greater
People in leading positions are often in a dilemma: on one hand they are supposed to give great performances, make the right decisions and so forth; on the other hand, they have to fill the role of a very confident and self-assured manager. This may be considered a dilemma because CEOs are expected to be almost supernatural, and asking for assistance in what is supposed to be their core competence (leadership!) simply does not fit the picture, no matter how necessary it may be. It is interesting to draw a parallel to sports. I don't know of any world-class athletes who do not have coaches or trainers to assist them in the development of their core competency (e.g., golf, tennis, etc.). It seems that in the area of sports, it is generally accepted that top performers need top assistance, i.e., coaches. Also, nobody in sports seems to feel the necessity to hide that they employ a coach. Meanwhile, many of the top CEOs (at least in the US) have coaches, but very few want to admit or even talk about it. CEOs are usually in a situation with a unique handicap: being on top of an organization, they must demonstrate powerful and wise leadership but may not be able to share their doubts with others in the organization, as this would not fit the expected image. A trusted and competent executive coach can take over this necessary function of a sparring partner. The coach can mirror the existing options and reveal blind spots, share his experiences, and challenge limiting beliefs of CEOs. Additionally, a trusted coach can help CEOs in dealing with ethical and personal issues that may influence performance. All in all, the coach can be the competent and equal (!) partner, which many CEOs need in their unique and exposed position. It seems there is still a long way to go before CEOs will be able to speak about their coaches as lightly and as naturally as top athletes do. A great first step is to recognize the benefits a coach provides to a CEO in his professional and personal life. Top CEOs know this already and benefit from coaching through better performance, a greater feeling of security and a more stable work-life balance. Again: top performers need top assistance, and professional coaches can be a crucial element of a strong support system. About Charlie Lang Charlie works with senior executives who are already successful and want to stay at the leading edge. They are often challenged by issues like: - How to improve staff retention, especially how to keep top performers Charlie, an executive coach & trainer who is known for his innovative approaches towards leadership, change processes and sales, assists his clients in mastering these challenges. They achieve outstanding results through Charlie's unique application of latest findings in research combined with his own experience in international management and leadership. Charlie is the author of numerous articles and of the book The Groupness Factor. He delivers speeches and keynotes on sales, leadership and coaching.
MORE RESOURCES: |
|
|
|
RELATED ARTICLES
Why Employees Are the Best Source of Cost-cutting Ideas Cost cutting has become a necessary and important reality in the modern corporate world. Yet many executives do not realize that their people are actually the best source of cost reduction ideas. Innovation Management - idea selection and valuation issues Innovation is different and distinct from creativity in that it is idea selection, development and commercialisation as opposed to creativity, which is problem identification and idea generation. The core issue with innovation management is, therefore, how to select those ideas that are most likely to succeed?Ideas have to pass though an idea funnel as most organizations lack the resources to try out all their good ideas. Recruitment - What Youre Really, Really Looking For Imagine that you're a sports coach and you need a new playeron the team. Would you walk up to someone in the street andsay - "I want you to come and play for my team. Organizational Capital in Politics, War, Sports and Business Intangible Corporate Assets such as Organizational Capital, Blue Sky and Brand Name Capital, actually they all have a common thread in my opinion. Here are some thoughts on these issues. Are You Measuring Something Meaningful? Avoiding inert measures that anaesthetise your performance management.INTRODUCTIONYou sit before the monthly report, which might be an inch or so thick, and you contemplate whether it's the best use of your time to paw through the pages to check if there's anything useful in there for you. Overcoming Perfectionism Perfectionism can get in the way of building or marketing a successful business. It can prevent us from moving ahead quickly or from taking advantage of business opportunities. Innovation Management - Selecting Good Ideas Creativity can be defined as problem identification and idea generation whilst innovation can be defined as idea selection, development and commercialisation. There are distinct processes that enhance problem identification and idea generation and, similarly, distinct processes that enhance idea selection, development and commercialisation. Training and ROI (Return On Investment) Statistics consistently reinforce that the biggest challenge in today's contact center environment is agent training. Turnover continues to be high; new hire costs are on the rise--$6500 per agent! At the same time, losing customers because of bad call experiences negatively impacts your bottom line. Phone Sex is Bad for Business On August 3rd/2005, Reuters reported that a German man had colluded with a phone sex operator to defraud his employer's company out of approximately 16,000 Euro or almost 20,000 US dollars, by making 160 phone calls over a year and a half from work. He apparently split the profits 50/50 with the phone sex operator. The Best Way to Keep Track of Meetings How should you keep track of meetings?Have you ever wanted to run away from a meeting? I worked for one of the top five companies in the US and they seemed to hold meetings to plan meetings. It absolutely drove me around the bend! I would try and multi-task like all the other participants and secretly hoped they would not call on me for any information. Pricing Strategy for Retail Flower Shops When you create your profit and loss statement to assess the health of your business, you will see:Sales minus Cost of Goods Sold equals Gross Profit.You pay for all of your expenses with the gross profit. 25 Super-Practical Steps to Build Your Business! For the past several weeks, we have focused on some wonderful but (to my way of thinking) rather fancy ideas about life. I wrote about motivation (I don't believe in it). Focus and Shoot One of my earliest childhood memories is watching Lew Alcindor (Kareem Abdul-Jabbar) win his third Most Outstanding Player award while leading UCLA to its third straight NCAA title in 1969. Of course, March Madness? is now ingrained in our sports psyche. Managing Motivation "Without the chance to meaningfully participate in steering one's own destiny, without the opportunity to gain the sincere respect of one's own peers, without an honest stake in making the community more successful through one's own work and ideas, employability can quickly decay into generic training programs or bogus choices.. Behavioral Extensions and Its Implications at Workplaces The study of Behavioral extension involves investigating the source of an actual demonstrated behavioral action. According to Behavioral Extension belief, no action can be seen as a disconnected expression. IT Expenditure - Why Businesses Spend Huge Amounts on Ineffective IT Investments Another IT White Elephant!It seems that almost every day we read in the newspapers about another hideously over budget IT project that doesn't achieve its expected benefits. The ones we read about are usually major multi-million pound projects in the public sector, however this is only the tip of the iceberg. Turbo Charge Your Career With The Most Powerful Leadership Tool Of All: The Leadership Talk: Part 1 Leaders speak 15 to 20 times daily. You speak at meetings, you speak across their desks, you speak on the phone, you speak in e-mails, you speak at lunch, beside the water cooler, and on elevators, etc. The Key to Successful Performance Objectives Have you ever tried to drive somewhere without proper directions? This almost always turns out to be a frustrating experience. Sure, if you stop and ask enough people you may eventually reach your target destination, but think of all the wasted energy, time, and resources needed to accomplish your goal. Saying One Thing, Doing Another... This week I was asked to speak at an internal conference for a bank. The subject was how to build a great customer experience. Use Noncompete Agreements To Protect Your Business Q: One of my former employees has launched an online business very similar to mine and is contacting my clients and trying to steal their business from me. Do I have any legal recourse against him?-- Brad J.
|
| home | site map |
| © 2006 |