CEOs Need to Review Their Top Teams

team.JPGCEOs may strive constantly to improve their companies, but they often overlook a major problem area close to them -- their top management teams.

Many top management teams, be they designated as an executive council or a C-Suite, often are dysfunctional but the boss doesn't realize it.

This is the finding of a recent study by the consulting firm of Heidrick & Struggles (real name) assisted by the Center for Effective Organizations at the University of Southern California, according to a recent story in Chief Executive magazine.

Their survey showed that management teams were especially weak in cross selling, overseeing talent and in innovative thinking. They did better at operational oversight and formulating strategy, the survey showed. But all in all, the scores conclusively undercut what the stated goals were and what the CEOs perceived them to be.

What to do? Some suggestions:

  • Assume the boss doesn't know what is really going on.
  • Identify and address unhealthy competition among top team players.
  • Hold regular confidential interviews and career planning sessions with top executives.
  • Maintain focus and make sure that make sure that management agendas follow strategic planning.
  • Ensure the process are correct within the team.
My takeaway: Good insight here. Often those closest to you are be the biggest problems of all, and sometimes you don't even know it.

(Image by Dunechaser via Flickr, CC 2.0)