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Management Week in Review for February 18, 2011

Management Excellence

Every Friday, I share three thought-provoking management posts for the week. Fair warning: I take a broad view of management, so my selections will range from leadership to innovation to finance and personal development and beyond.

Review 64
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CMI Highlights

Chartered Management Institute

Improving public services Finally, a short update on another area we are currently working in: CMI is partnering with the Social Market Foundation to explore how to get improved results from the UK’s public services. Experts suggest that more than half of the productivity gap between the UK and the USA can be attributed to poor management.

Policies 121
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The Shape of the Meaning Organization

Harvard Business Review

Roughly, I'd suggest that they're strategy, marketing, finance, and the rest of the drear, dismal, passionless stuff that makes most of us snooze through meetings and dread the arrival of Monday morning, dilberting our joint prosperity, perpetually disappointing our ever-more apathetic customers, and gleefully embezzling from the future.

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Your Strategic Plans Probably Aren’t Strategic, or Even Plans

Harvard Business Review

At the start of my public seminars on strategic planning I ask attendees, who rank from board members and CEOs to middle management, to write down an example of a strategy on a sheet of paper. ” Taking a stakeholder approach to strategic planning induces managers to raise their thinking to the organization level.

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To Lead a Digital Transformation, CEOs Must Prioritize

Harvard Business Review

In essence, he challenged his team to act as a change leader – to disrupt before being disrupted — by interpreting the weak signals coming from the market. Mobilizing for this kind of change inevitably means shaking up the status quo and leaders themselves need to be prepared to manage the company differently.

CEO 12
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Elon Musk’s Unusual Compensation Plan Isn’t Really About Compensation at All

Harvard Business Review

Musk’s compensation plan, which will give him close to $56 billion in stock and awards if Tesla’s market cap reaches $650 billion, is designed to communicate a particular value proposition to Wall Street. Maintaining that patience requires constant focus on that north star of a half-a-trillion market value.

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Build Your Team Like an Executive

Harvard Business Review

These differences in philosophy and approach frequently differentiate those who advance to and succeed at the executive level — and those who stay in the ranks of middle management. When you ask leaders how they build a strong management team, the answers are revealing.