NEW CEO, OLD TEAM

You've just gotten the word. You are the new CEO -- or maybe the word is that your offer to acquire another company has just been accepted. Whatever the source, you will now have a new bunch of executives reporting to you, and you know that your success will depend on them. Here are three simpl...

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Bibliographic Details
Published in:Chief Executive 2008-04 (233), p.54
Main Authors: Coyne, Kevin P, Coyne, Edward J, Coyne, Shawn T
Format: Article
Language:English
Subjects:
Chief executive officers
Effectiveness
Executives
Guidelines
Teams
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Summary:You've just gotten the word. You are the new CEO -- or maybe the word is that your offer to acquire another company has just been accepted. Whatever the source, you will now have a new bunch of executives reporting to you, and you know that your success will depend on them. Here are three simple steps on how to dramatically improve your team's effectiveness early in your tenure: 1. Provide basic guidelines on acceptable and unacceptable proposals. 2. Teach them the essential three style preferences. 3. Give negative feedback quickly, but gently. But do give it. As the new CEO, you want your team to charge forward when you aren't looking, not just when you are. To do this, they have to know the types of initiative you want from them, how to work (and disagree) with you and that if they haven't heard from you, they should continue confidently charging ahead.
ISSN:0160-4724