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Change Designs

Newsletter

August 2017
Practical expertise @ work.
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New CEOs or executives.

How to set yourself up for success.

leader

This newsletter is dedicated to CEOs, executives and those who aspire to become a CEO.

In our first article, we look at the new CEO. Whether you are an experienced CEO who is new to a company, or this is your first CEO role, you need to plan for your first 100 days. This article shows you how.

In our second article, Konstantinos Apostolatos provides 7 crucial early questions for new CEO's that if answered well, will set you up for success.

One of the key roles of any CEO is to ensure that all the elements within the organization are aligned. In our third article, Randal Godden explains the four elements a CEO works on, to ensure organizational alignment.

As a new CEO, you may be tasked with turning around an organization, or continuing the legacy of a previous CEO. Whatever the reason for your new role, you can't be successful on your own. You need the support of your management or leadership team. In this guide, we show you how to prepare a speech to your management team to win their trust.

The CEO creates the storyline for the organization. Using Shakespeares analogy of "All the world is a stage, and all the men and women merely players," our fifth article discusses the 9 leadership roles you will need on your stage of strategic management.

We hope that these articles and guides will set you up for success - both now and in the future.

The Change Designs team

The new CEO's first 100 days

authenticity

The new CEO's first 100 days

How to develop your 100 day plan

As a new CEO, you have been appointed by a board of directors to either turn around an organization, or to build on its success. To do this you need the support of other influential people within the organization. But their support is not guaranteed.

During your first 100 days as a new CEO, your immediate subordinates, your customers, and the entire organization will be watching you. They will wait to see how your relate to them, and what you focus on. Based on what you do or don't do, they will decide whether or not they are going to support you.

This practical article shows you how to:

  1. Understand the game and the context.
  2. Win the trust and support of your leadership team, your customers and the organization.
  3. Set new ground rules and expectations.
  4. Plan to put your own stamp onto the organization.
The new CEO's first 100 day plan.

7 early questions for the new CEO

strategy-step-by-step

Set yourself up for success

The 7 crucial early questions for new CEOs.

Konstantinos Apostolatos provides 7 crucial early questions for new CEO's that if answered well, will set you up for success.

"In our research we analysed the difference in performance between successful CEO's (those who delivered on average top-quartile Total Shareholder Returns during their tenure) vs their successors, over a period of 15 years. The conclusion was that only one out of five managed to sustain over-performance.

While there are several variables in place and it does not make much sense to try and frame ‘recipes’ for success, we have found that CEOs who invest the time to answer a number of key questions early on in their tenure (i.e. during the first ~100 days) vastly improve their chances of success. For the purposes of this article, I have selected seven critical ones, although there are obviously also others."

Go to the seven crucial early questions for new CEOs.

CEO role in Strategic Alignment.

strategy-step-by-step

 

Strategic alignment for CEOs.

Four key elements of strategic alignment.

In this article, Randal Godden describes a critical role of any CEO - the orchestration role of strategic alignment.

Strategic alignment focuses on the importance of ensuring that the major strategic elements of a business are aligned and that their construct ensures consistency of strategy and its desired outcome. The major strategic elements of strategic alignment are :-

  1. Purpose and direction.
  2. Structure and delegation.
  3. Information and control.
  4. Reward and recognition.

In this article, Randal Godden guides CEO's on practical ways to ensure each of these four elements are aligned:

Go to the 4 elements of strategic alignment.

New CEO speech to your management team.

OD intervention

 

 

New CEO speech.

How to win the support of your management team

As a new CEO, you may have been appointed by a board of directors, to turn around an organization. To do this, you need the support of your management team. This team is used to working with the previous CEO, who may be different to you.

As a new CEO, you need to let your management team know what you expect from them, and what they can expect from you. The easiest way to do this, is to deliver a carefully crafted speech in your first meeting with your management team. Use this member only guide to help you prepare a speech that will win the trust of your new management team.

How to prepare a speech to win the support of your management team.

Strategic management roles.

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Strategic management

The nine leadership roles that are played on the stage of strategic management.

William Shakespeare's immortal words in 'As you Like it' apply to strategic management today. "All the world's a stage, And all the men and women merely players; They have their exits and their entrances..."

Nine major characters act on the stage of strategic management. As the scenes change from the birth of a new strategy, to motivating employees to take on new challenges, to implementing the strategy and achieving results - so different characters take center stage. This article describes the 9 major roles played in strategic management.

Roles in strategic management.

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