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Specific Tasks of a Corporate Leader |
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Business Synergies: synergizing
corporate strategies, corporate
resources and
capabilities; filling white spaces and exploiting linkages among
business units.
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Corporate Team: Looking after
the health of the leadership team and leadership development;
ensuring that the best people are recruited, developed, motivated,
and deployed so that the business can thrive.
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Corporate Governance: building
top management team and
corporate culture,
developing and maintaining high corporate moral standards in all
dealings, delivering superior value to owners and stakeholders.
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Contributing To Overall Success of
Each Business Unit and the Organization As a Whole |
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Helping the business units do a better job.
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Helping the business units identify new opportunities for success.
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Helping the business units to discover and build synergistic
linkages among them.
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The GE Leadership Effectiveness Survey
(LES)
Ranking Scale:
Significant Development
Needed
1 2 3 4 5
Outstanding Strength
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Specific Responsibilities and Expertise
Requirements
As a
corporate executive of your firm, you
have a critical responsibility for the direction and successful operation of
all
business units
within your organization.
You must
think innovatively about how your company can create
sustainable business value. By
its nature, corporate leadership involves a complex set of issues that
demands a certain cross-unit expertise, which seldom is achieved through
management experience at the business-unit level. You must search for
synergies
and explore achievements
that are possible at the corporate level through cross-unit activity and the
development of entirely new
business growth opportunities.
12 Major Causes of Failure in Leadership
Selecting a New Corporate Leader: 3
Questions
Lessons from Peter Drucker
Leadership is not rank, it is
responsibility. It is the lifting of a
subordinate’s vision to higher sights –
the raising of a subordinate’s performance to a higher
standard. It is the
building of a subordinate’s personality beyond its normal
limitations. A leader must set strict principles
of conduct and responsibility, high standards of performance,
and respect for the individual and his work...
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Leadership-Management
Synergy
To maximize your long-term success you should
strive to be both a
manager
and a
leader
and to
synergize their functions.
Leadership
vs. Management
Merely
possessing management skills is no longer sufficient for success as
an executive
in
today's business world. You need to understand the differences between managing and leading
and know how to integrate the two roles to achieve organizational success...
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6 Attributes of Successful CEOs
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Creating, Communicating and Executing a Clear Vision,
Goals and
Strategy. An executive's
success is affected by the ability to
communicate a vision for a
company's future, helping employees to navigate through change
and
motivating them to achieve specific goals...
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Leadership Attributes
Balanced Organization:
5 Basic Elements
Leadership
(Fire):
Inspirational Leadership:
10
Roles
Inspirational leaders
create an
inspiring culture
within their organization.
They supply a shared
vision
and
inspire
people
to achieve more than they may ever have dreamed possible.
They are able to articulate a shared vision in
a way that inspires others to act.
People do what they have to do for a
manager, they do their best for an inspirational leader...
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Inspirational Quotes from Great Corporate Leaders
"Outstanding leaders go out of the way to
boost the self-esteem of their personnel. If people believe in themselves,
it's amazing what they can accomplish."
– Sam Walton
..
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10 Lessons in Corporate Management from Konosuke
Matsushita
6Ws of Corporate Growth
To achieve
sustainable corporate growth, you and your people should live the
principles of
6Ws of corporate growth.
The "Six Ws" – what, why, who, when, where and how – are very powerful
words. Use them constantly to seek, either from yourself or from others, the
answers needed to manage effectively...
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The Tao of Business Success
The Tao of Business Success
helps you achieve much more with much
less effort. It gives you advice that imparts perspective and
balance.
It applies equally well to
the managing
of a large corporation or the running of a small business...
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Building Your
Sustainable
Competitive Advantage
Sustainable competitive advantage is the prolonged benefit of
implementing some unique value-creating strategy based on unique
combination of internal organizational
resources
and
capabilities
that cannot be replicated by competitors...
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Develop a Clear Vision
The one quality that all
leaders have in common is that they have a clear and
exciting
vision
for the future. This is something that only the
leader can do. Only the leader can think about the future and
plan for the future each day...
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Enterprise Strategies
Successful companies are those
that focus their efforts strategically.
Strategy
should be a stretch exercise, not a fit exercise.
To meet and exceed
customer satisfaction,
your business team needs to follow an overall organizational strategy. A
successful strategy adds
value for the targeted customers over the long run by consistently meeting their needs better
than the competition does...
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Leading Organizational Change
Leadership and Management
A Leader's Mood: The Dimmer Switch of
Performance
How
do you work on attaining the consistent, emotionally intelligent leadership
behaviors that breed success in yourself and others? Here are a few other
suggestions to consider that can improve your and your team's performance...
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Lessons from Jack Welch: Energize People
Managing for Results
To achieve results, you
should develop a solid, sound, customer-focused, and
entrepreneurial strategy, aimed at
market leadership, based on
innovation, and tightly focused on decisive opportunities...
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Results-based Leadership
Achieving
Extraordinary Results
By: Brian Tracy
The most important quality of leadership, the
one quality for which you want to be known, is extraordinary performance,
with the goal of achieving extraordinary results. These results then serve
as an inspiration to others to perform at equally exceptional levels. People
ascribe leadership to those men and women who they feel can most enable them
to achieve important goals or objectives...
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Leadership Attributes
Leadership attributes
are the inner or personal qualities that constitute
effective leadership. These attributes include a large array of
characteristics such as
values,
character, motives,
habits, traits,
competencies, motives, style, behaviors, and skills.
Building an Innovation-friendly
Organization
Leaders of successful, high-growth companies
understand that
innovation is what drives growth, and innovation is achieved
by awesome people with a shared relentless
growth attitude and shared passion for
entrepreneurial creativity and for turning
ideas into realities...
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Innovation-friendly
Organization
Case in Point
Silicon
Valley Companies
Adapted from
Relentless
Growth, Christopher Meyer
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Balance between revolutionary and
evolutionary initiatives. First, Silicon Valley companies assess the
overall balance between
revolutionary and evolutionary projects. The ultimate arbitrator of
portfolio stretch if the innovation leaders’ judgment, experience,
intuition, and luck...
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3 Strategies of Market Leaders
How To Lead Creative People
By: Max DePree
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Innovation is the lifeblood of an organization. Knowing
how to lead and work with creative people requires
knowledge and action that often goes against the typical
organizational structure. Protect unusual people from bureaucracy
and legalism typical of organizations...
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Best
Practices
Google: 10 Golden Rules
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Pack them in. Almost every project at Google is a
team project, and
teams have to
communicate. The best way to make communication easy is
to put team members within a few feet of each other...
Even the CEO shared an office at Google for several months
after he arrived. Sitting next to a knowledgeable employee
was an incredibly effective educational experience...
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Building and Transforming
Corporate Culture
In six words,
corporate culture is "How we do
things around here."
Corporate culture is the collective behavior of
people using common
corporate vision,
goals,
shared values,
beliefs, habits, working language, systems, and symbols. It is interwoven with
processes, technologies, learning and significant events.
Inspiring Culture: 5 Pillars
Cultural statements become operationalized when executives articulate and publish the values of their
firm which provide patterns for how employees should behave. Firms with
strong cultures achieve higher results because employees sustain focus both
on what to do and
how to do it.
Corporate culture can be transformed, but leadership to sustain anything
that sweeping has to come from "the top."...
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Eliminating Bureaucracy
Bureaucracy makes work and creates climate in which the
customer
comes third
– well after the management and the company's other employees.
How much of your energy is expended on purely internal
activities? if you spend less than 20% of your energy on external customers,
than bureaucracy has taken hold...
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Smart Business
Architect
Leading Systemic Innovation
Innovation is
the key driver of
competitive advantage, growth, and profitability.
Today,
innovation is systemic. It arises from complex
interactions between many individuals, organizations and their operating
environment.
Firms which are successful in realizing the full returns
from their technologies and innovations are able to match their
technological developments with complementary expertise in other
areas of their business, such as manufacturing, distribution, human
resources, marketing, and
customer service.
There are many parts of the
whole field of innovation: strategy
innovation,
new product development,
creative approaches to problem solving,
idea management, suggestion systems, etc.
Though all of these components are important, in the new era of
systemic innovation, you must design your firm's
innovation process holistically.
Innovation is not divisible –
‘good in parts’ is no good at all. Innovation systems
are only as strong as their weakest links...
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Case
in Point
7-Part Competitive
Strategy of Microsoft
Although Bill Gates, Founder of
Microsoft, built his empire on technological products, his business
mastery is even more important than his technical skills, and his
competitive urge is a huge driving force.
The early success of Microsoft was founded on
the company's 7-part competitive strategy...
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Enterprise-wide Business Process
Management
"Running a business without an
enterprise business
process plan is analogous to preparing for a big game with only a roster
of key players, no play-book and no practice...
Business process thinking is predicated
upon the central belief that it is fundamentally the complex,
cross-departmental, technology-enabled business process that
create value for
customers and shareholders."20...
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Case in
Point
Using the Best Practice
at GE
Many
GE
business units employ a tool called the Trotter Matrix to check on their
use of best practices. The scorecard was developed by Lloyd Trotter, who ran
the Electrical Distribution and Controls side at GE. He listed six desirable
attributes for each of his plants and then scored each attribute...
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Business BLISS
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