The Third Strategy
Still another way of developing the middle is through the establishment of a middle management development and training program. What this does is either bring in talented new hires or promote key employees into a rotation of positions throughout the company. Rotations can last from six months to a year, and the entire program can last up to two years.
At one company I worked with, the underwriting manager became the claims manager, and the claims manager became the underwriting manager. What was great was that the employees of each department stepped up to support and train their new managers. This had some positive results. By teaching their new bosses, the employees better learned their own disciplines and roles. They also gained experience in managing up and supporting a manager to win. Meanwhile, the new managers got trained in an aspect of the business with which they were unfamiliar. They became better-rounded executives.
At another company, managers formally rotated to sales and production management positions before being eligible to be plant and territory general managers. This type of initiative provides a training and development course that allows employees to experience and learn about the different facets and aspects of the firm. This makes them more valuable as future leaders of the company.
To learn more about CMI's strategic development programs click here.
Showing posts with label mid-sized business. Show all posts
Showing posts with label mid-sized business. Show all posts
Tuesday, August 21, 2012
Tuesday, August 14, 2012
Not the top, not the bottom: the second strategy for middle management
The Second Strategy
Another way to support the growth and development of the middle is to form a group of middle managers from various companies. Participants are leaders from different departments: sales executives give input to production and human resource department heads, and so on. There is learning and sharing of different views that goes on during the group sessions, which I also recommend being led by an outside facilitator.
I have led such a middle manager key-employee group. We met for each session at different companies, which allowed participants to see the different facets of participating organizations. This key middle management group also gained perspective by reading a different book for each session. Members coached one another on issues and concerns brought to the meetings. The coaching model we followed goes like this:
1. A participant presents a problem with which he or she wants coaching and counseling. This is something challenging that they want their peers’ perspectives on.
2. In “round robin” style, everyone asks questions about the issue. You are only allowed to ask one question at a time. Once the question is asked, the person presenting the issue responds with an answer. Then the next person asks a question. Once all questions are asked and responded to, it is assumed that everyone understands the issue.
3. Participants then give coaching and feedback to the person presenting the issue. The participants, in effect, become one another’s board of advisors.
For more information on CMI's leadership development programs click here.
Another way to support the growth and development of the middle is to form a group of middle managers from various companies. Participants are leaders from different departments: sales executives give input to production and human resource department heads, and so on. There is learning and sharing of different views that goes on during the group sessions, which I also recommend being led by an outside facilitator.
I have led such a middle manager key-employee group. We met for each session at different companies, which allowed participants to see the different facets of participating organizations. This key middle management group also gained perspective by reading a different book for each session. Members coached one another on issues and concerns brought to the meetings. The coaching model we followed goes like this:
1. A participant presents a problem with which he or she wants coaching and counseling. This is something challenging that they want their peers’ perspectives on.
2. In “round robin” style, everyone asks questions about the issue. You are only allowed to ask one question at a time. Once the question is asked, the person presenting the issue responds with an answer. Then the next person asks a question. Once all questions are asked and responded to, it is assumed that everyone understands the issue.
3. Participants then give coaching and feedback to the person presenting the issue. The participants, in effect, become one another’s board of advisors.
For more information on CMI's leadership development programs click here.
Tuesday, August 7, 2012
Not the top, not the bottom: the first strategy for middle management
The First Strategy
Hire people in the middle who have aspirations, who want to grow and develop and are mobile. Thus you have leaders who are eager for opportunity. They are attracted to moving and working in a new location is attractive for them, and they are excited about establishing a new beachhead for the company.
Create a process in which, as one of its yearly goals and objectives, top leadership has to develop and take courses. In one company I worked with, if you could not demonstrate to the CEO that you had improved your skill set and thinking abilities in the last year, you were not eligible for a raise no matter how well you had performed. In another company, if you aspired to be a director, you had to get an MBA. These policies can supported a company in dramatically growing both revenue and profits.
For more information about CMI's process for improving your leadership team click here.
Hire people in the middle who have aspirations, who want to grow and develop and are mobile. Thus you have leaders who are eager for opportunity. They are attracted to moving and working in a new location is attractive for them, and they are excited about establishing a new beachhead for the company.
Create a process in which, as one of its yearly goals and objectives, top leadership has to develop and take courses. In one company I worked with, if you could not demonstrate to the CEO that you had improved your skill set and thinking abilities in the last year, you were not eligible for a raise no matter how well you had performed. In another company, if you aspired to be a director, you had to get an MBA. These policies can supported a company in dramatically growing both revenue and profits.
For more information about CMI's process for improving your leadership team click here.
Tuesday, July 31, 2012
Not the top, not the bottom: 3 strategies for middle management
I have never been a lover of the sandwich. It sounds un-American and un-manly. However, my lack of interest comes from the bread - the sandwich’s top and bottom. What’s the purpose? However, I am wildly attracted to the middle of the sandwich. Whether the sandwich is ham and provolone, chicken and mustard, or peanut butter and jelly, for me it is always the middle that dictates how much a sandwich is enjoyed and appreciated.
I can imagine that you think an ode to the middle of sandwiches cannot in any way be related to a series of blog posts about successfully growing an organization. Stay put and hang in there, as I am truly a genius; here comes the transition.
Not the Top, Not the Bottom
In privately held companies after a certain size (50-500 employees), it is the middle—as in management—that is a critical element of a company. We are talking about the layer of leadership and coordination between the top strategic leadership and the front line. It is this middle that will help dictate the firm’s long-term success.
This assertion flies in the face of what most business commentators offer. These talking heads focus on the importance of the top of the company—the Steve Jobs, Jack Welch, and Ken Leahy CEOs are all, according to the pundits, apparently single-handedly responsible for the success or demise of their organizations.
Typically, companies of about 50-500 employees or more, have a “middle” as in management. ” These key employees are important to the success of the overall organization. These key employees, now called managers and/or team leaders, become crucial in leading and developing different sectors of the company.
So, what should be done? How is it that a company dealing with today’s myriad challenges can also develop a strong middle that aspires to leadership? How is a cast of characters like this developed? In the next few weeks I will outline three strategies that I have seen utilized in successful companies.
Interested in learning more about CMI's strategic leadership development programs? Click here.
I can imagine that you think an ode to the middle of sandwiches cannot in any way be related to a series of blog posts about successfully growing an organization. Stay put and hang in there, as I am truly a genius; here comes the transition.
Not the Top, Not the Bottom
In privately held companies after a certain size (50-500 employees), it is the middle—as in management—that is a critical element of a company. We are talking about the layer of leadership and coordination between the top strategic leadership and the front line. It is this middle that will help dictate the firm’s long-term success.
This assertion flies in the face of what most business commentators offer. These talking heads focus on the importance of the top of the company—the Steve Jobs, Jack Welch, and Ken Leahy CEOs are all, according to the pundits, apparently single-handedly responsible for the success or demise of their organizations.
Typically, companies of about 50-500 employees or more, have a “middle” as in management. ” These key employees are important to the success of the overall organization. These key employees, now called managers and/or team leaders, become crucial in leading and developing different sectors of the company.
So, what should be done? How is it that a company dealing with today’s myriad challenges can also develop a strong middle that aspires to leadership? How is a cast of characters like this developed? In the next few weeks I will outline three strategies that I have seen utilized in successful companies.
Interested in learning more about CMI's strategic leadership development programs? Click here.
Tuesday, November 1, 2011
The fifth rule of planning
The incredible rule number five is facing the brutal facts that confront your company. This is a distinction that is given to us by Jim Collins in his book Good to Great. It means honestly confront the issues that confront your organization and truly dealing with them. Do not deny them or sugar coat them. Deal with them in an intelligent way.
Your planning team can do this by defining critical issues facing the growth of the company. These are issues that will be, or presently are, confronting the company.
“Examples puleeeees!” you demand. Coming right up.
Typically these types of critical issues are addressed through the writing of a white paper. “What is that?” you ask. “Good question!” I respond and if you had not brought it up I simply could not have continued to write this book, so thanks for the question.
A white paper is a three- to five-page paper that addresses the critical issue. It is written between planning sessions by the members of the leadership group that are best suited to address the problem. This group can also have members outside of the planning team who have useful knowledge and thinking to contribute .
The paper should deal directly with the issues. It is, with research and analysis, the “answer” submitted by the group. The entire planning team will read the paper prior to the subsequent session and then debate it during the session. Problem solving ensues. Everyone is invited to bring their feedback, questions and concerns to the next session. This is where the critical issues are dealt with and a direction is hammered out.
Your planning team can do this by defining critical issues facing the growth of the company. These are issues that will be, or presently are, confronting the company.
“Examples puleeeees!” you demand. Coming right up.
- How is the organization going to transition from our old CD-ROM technology to the new “streaming” technology? How are we going to fund this transition?
- What new products are we bringing out in the next year?
- How are we going to grow 20% per year for the next three years?
- What improvement do we need to make in the plant for us to reduce costs by 10%?
Typically these types of critical issues are addressed through the writing of a white paper. “What is that?” you ask. “Good question!” I respond and if you had not brought it up I simply could not have continued to write this book, so thanks for the question.
A white paper is a three- to five-page paper that addresses the critical issue. It is written between planning sessions by the members of the leadership group that are best suited to address the problem. This group can also have members outside of the planning team who have useful knowledge and thinking to contribute .
The paper should deal directly with the issues. It is, with research and analysis, the “answer” submitted by the group. The entire planning team will read the paper prior to the subsequent session and then debate it during the session. Problem solving ensues. Everyone is invited to bring their feedback, questions and concerns to the next session. This is where the critical issues are dealt with and a direction is hammered out.
For more information about CMI visit our website: www.cmiteamwork.com
Tuesday, September 20, 2011
Who Plans on an Annual Basis?
It always shocks me how many businesses do not formally plan. Recently, at a conference, I asked a group of CEOs, “Who plans on an annual basis?” Only a quarter of them raised their hands. I was shocked. In addition, when pressed on why they did not plan they said they were too busy fighting fires to have time for that.
They then complained about low growth, no profits and blamed the economy for their problems. I felt better at that point with their clearly powerful and insightful analysis. Clearly they were Dunderheads. These CEOs did not make the connection that planning helps you deal with the economy and the issues that challenge your business. I am getting my pointed stick dipped in organic monkey dung to deal with these guys. It is organic dung because they are CEOs after all.
It is true. Many small- to mid-sized companies do not plan formally, just as many adults do not exercise. Yet we know exercise is good for you. It helps you live an improved quality of life. Routine exercise allows your body to maintain its health and vitality. Strategic breakthrough business guessing/planning works for businesses in much the same way as exercise does for the individual. It does not guarantee health, but exercise certainly dramatically increases the likelihood of having it.
They then complained about low growth, no profits and blamed the economy for their problems. I felt better at that point with their clearly powerful and insightful analysis. Clearly they were Dunderheads. These CEOs did not make the connection that planning helps you deal with the economy and the issues that challenge your business. I am getting my pointed stick dipped in organic monkey dung to deal with these guys. It is organic dung because they are CEOs after all.
It is true. Many small- to mid-sized companies do not plan formally, just as many adults do not exercise. Yet we know exercise is good for you. It helps you live an improved quality of life. Routine exercise allows your body to maintain its health and vitality. Strategic breakthrough business guessing/planning works for businesses in much the same way as exercise does for the individual. It does not guarantee health, but exercise certainly dramatically increases the likelihood of having it.
For more information about CMI and Business Planning visit our Website: http://www.cmiteamwork.com.
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