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Summary of Responses to Senior Exec Development Question

  • 1.  Summary of Responses to Senior Exec Development Question

    Posted 06-08-1999 13:59
    THANKS TO ALL WHO RESPONDED. I'VE CONSOLIDATED THE RESPONSES I'VE RECEIVED
    BELOW. LARRY

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    I train only senior executives around the world in workshops on LEADERSHIP
    AND ETHICAL DECISION MAKING. If you are going to train sr.exs. in fiscal
    decision-making, hr, tqm/qc/mbo, et al then Ethics (Management ethics)
    should be high on their priority list.

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    In a previous position I set up a series of 'briefings' six times a year for
    our exec's - I had professors from the university, Senior Govt officials
    from relevant areas, Exec's from different companies - although not direct
    competitors, etc come along tal k about their business issues, significant
    govt policies, trends in management. This turned out to be a very
    successful series - mainly because the CEO got very in to it. Whenever a
    'guru' was in town we sponsored part of their costs so that we go a separate
    session, or we sent our managers along - the CEO then built some of the
    ideas from these 'briefings' into performance contracts.

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    Being very simple-minded, and with many years of experience at different
    levels, I say:

    * Find a way to remind themselves DAILY that they don't really run
    things
    * Examine the pay structure to be sure there isn't too much difference
    between the highest and lowest levels
    * Remember that in corporations these are only roles; they have
    nothing to do with the value of human beings
    * WALK AROUND, as Tom Peters suggested
    * Involve as many people as possible in ALL decisions

    If these are included, all the rest will fall into place.

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    Two HBR articles may be of value to get to the "gut" issues in top
    management challenges; The classic "REAL WORK" by Zaleznick (reprinted in
    a late 1997 issue) and Pffeffer's current article "The Smart Talk Trap".
    These both focus on bridging the gap from formulation to
    implementation-(academics will recognize their own work environments as
    well!). Should stimulate some discussion of their current battles to make
    things happen.
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    The leading-edge folks I know are into "action learning" as the main
    mechanism for senior exec development.

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    I think the question of content depends on the evolution and rate of change
    in the specific industry(ies), whether the company(ies) sells to consumers
    or other businesses (B2B), and the background of the people themselves. The
    company's culture, esp. its emphasis on continuing education and development
    of personal skillsets, would also have significant impact on the specifics
    of my recommendations.

    But I can make some general comments. The fact that the folks in the
    program will come from line backgrounds suggests that a primary focus should
    be on industrial organization, esp. the Austrian school (most line folks
    I've met are like accountants: they think that price is the ONLY way to
    compete), marketing (segmentation and the development of vertical markets),
    and strategy (esp. the development of sustainable competitive advantage).
    Some basics about effective reward systems would also be a valuable topic.

    Harvard's Mike Jensen is in the early stages of developing what he calls the
    PAM (Pain Avoidance Model) to explain why people often make self-destructive
    choices. Depending on the timing of the needs of your friend, know more
    about that model would be, I think, very useful, as it would enhance
    executives' ability to understand why seemingly left-brain managers make
    dumb choices.

    I'm assuming that people skills, PC literacy, and e-Commerce knowledge are
    givens. If not, they need to be.

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    Larry Peters asked: Any thoughts about content (or process) that would add
    value to senior-level line managers in a development program of this sort?

    And Saludos Esteban asked: What would be the one conference/seminar focused
    on the practical side for executive development that you would recommend?

    Dan Booth and I have been struggling with the same issue for four or five
    years. We now have one answer that is based on 360 feedback. I have done
    some preliminary validation studies on it and the results look good. This
    summer I will be doing a more complete validation study on it

    If you would like to see a paper-and-pencil version of one of the opening
    exercises, please go to http://perdue.ssu.edu/~fmshippe/comtenle.htm.

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    What would be the one conference/seminar focused on the practical side for
    executive development that you would recomend?

    Larry Peters asked: Any thoughts about content (or process) that would add
    value to senior-level line managers in a development program of this sort?

    Executives may not need a practical side. Look at http://www.thinksmart.com


    Linkage hosts the annual LEADERSHIP DEVELOPMENT CONFERENCE. 2000 will mark
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    *Candy Albertsson (BP Amoco)

    Best-in-class organizations presented case studies for benchmarking,
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    This conference will take place again June 11-14, 2000 at the Grand Hyatt,
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