How CEOs can mitigate compounding risks

When risks combine, the cumulative impact can have existential consequences. But leaders can prevent compounding risks from sneaking up on them by adapting risk processes to manage multiple threats.

Choosing a New Board Leader: Eight Questions

Our experience indicates that many boards may not have enough clarity on their roles and responsibilities. What’s needed is a deliberate process for selecting new leaders to help them achieve their goals. Using the eight questions we developed will help ensure boards are applying the same rigor and analysis in selecting the right board leader as they would for a new chief executive.

Dominic Barton, Dennis Carey, and Ram Charan

The role of the board is often underplayed in discussions around talent. That’s because so many boards focus on strategy and compliance first, and limit talent discussions to the question of CEO succession and executive compensation. But CEOs running a talent-first organization must help the board see that talent is the value creator and therefore belongs at the top of its agenda. The talent-driven CEO … [ Read more ]

20/20 Foresight

Many business leaders need to improve their perceptual acuity. Here’s how you can develop the ability to look around corners — and become a catalyst for change.

Dealing with Dysfunctional Directors

What to do when a bad apple is spoiling your board.

Editor’s Note: a useful topic for consideration, though I don’t think especially practical advice was presented.

When Directors Sweat the Small­ Stuff: Micromanagement in the Boardroom

For the most part, CEOs accept the board as their boss and as a valuable sounding board and source of input. But they don’t always get what they’re looking for from their boards. A common complaint among chief executives is that directors get into the weeds, digging into operational details that have little strategic value.

The difference between micromanaging and appropriate questioning is not always a … [ Read more ]

Ram Charan

Dialogue…is the single-most important factor underlying the productivity and growth of the knowledge worker…dialogue shapes…the corporate culture…faster and more permanently than any reward system, structural change, or vision statement.

Eight Secrets For Executive Leadership

In his new book about ‘know-how,’ the author describes eight skills that separate great leaders from the crowd.

Building Leaders at Every Level

Developing managers to be effective at the next level is one of any company’s most important tasks, and in this helpful article, the co-authors identify and describe the six steps in building a leadership pipeline to supply the next generation of effective leaders. As the authors write, “The six turns, or passages, in our pipeline are major events in the life of a leader. Grasping … [ Read more ]

Confronting Reality: Doing What Matters to Get Things Right

On the heels of their business bestseller Execution, retired Honeywell chairman and CEO Bossidy and corporate guru Charan take a step back and focus on the more fundamental issue of figuring out what to execute in the first place. The message is simple (“relentless realism”), and their solution is a return to the “ancient analytical tool” of a three-part business model that includes external realities … [ Read more ]

Execution: The Discipline of Getting Things Done

Disciplines like strategy, leadership development, and innovation are the sexier aspects of being at the helm of a successful business; actually getting things done never seems quite as glamorous. But as Larry Bossidy and Ram Charan demonstrate in Execution, the ultimate difference between a company and its competitor is, in fact, the ability to execute.
Execution is “the missing link between aspirations and results,” and … [ Read more ]

Why Companies Fail

CEOs offer every excuse but the right one: their own errors. Here are ten mistakes to avoid.