When senior management struggles to narrow its focus, and allocate its time effectively to value-creating initiatives, its almost certain that company performance is going to suffer.
According to a survey by McKinsey & Company, only 35 percent of executives believe their senior team’s time is properly aligned to core C-suite functions, and just 38 percent think their executive teams are focused on the “right” activities.
So how do you ensure the steps taken towards keeping employees motivated transfers to accomplishing valuable work? Here are five effective ways to get the most out of your leadership team on a regular basis:
1. Reprioritize Daily Duties
Imagine your team were to lose one day of work per week – which duties would you choose to drop or delegate? Have your team rationalize priorities by determining which tasks have a high value to the business. Developing a tighter focus will not only ensure all C-level assignments remain fixated strictly on critical work, but it will also help boost team morale and performance at the company’s lower levels.
Even leaders need mentors. Mentors play a huge role in the development of leaders and everyone else in your organization. They provide your leadership team with someone to approach with questions or concerns and serve as a sounding board when your company leaders are in need of advice. Mentorship can be offered through one on one coaching, training sessions, or by inviting a leadership speaker to address your leadership team.
3. Remedy Dysfunctional Team Dynamics
Poor dynamics lower team performance. Among the top teams studied, McKinsey & Company found participants reported that only about 30 percent of their time was spent in productive collaboration; “a figure that dropped even more when teams dealt with high-stakes topics where members had differing, entrenched interests.”
CEOs should work with employees to determine a common understanding of why the team may not be collaborating effectively, and if necessary take immediate steps to improve the situation.
4. Give Agenda Items a Purpose
Each agenda item at a C-level meeting should achieve one of two goals: it should lead to a decision being made or a problem being solved. This will ensure the entire team remains focused on the right topics; and by doing so, increases the likelihood of seeing results.
5. Establish a Clear and Focused Leadership Vision
A clear and focused vision will help you identify areas of leadership that need to be improved upon and areas that require more attention. If you can’t clearly communicate to your leadership team what you expect of them and of the organization, it will be virtually impossible for them to deliver the results you desire.