teamwork

Why plan in a retreat setting?

Posted by on Feb 6, 2012

Retreats can be highly productive During my career I’ve worked with more than 100 client organizations, public, private, for-profit and not for profit. The most productive planning meetings I’ve facilitated have been multi-day meetings held offsite, usually in locations requiring an overnight stay. The reason for selecting a retreat location is well known to those who have participated. These meetings are nobody’s idea of a vacation. It’s common to work 10 to 12 hours per day, interrupted only by breaks, and without the distraction of people rushing off to deal with “emergencies” or...

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Are CEOs really overpaid and mostly not worth it? Part 3

Posted by on Jan 23, 2012

Recap In Parts 1 and 2 of this topic, we reviewed studies and opinions on executive pay. We found that the research shows: CEO pay has grown faster than the capitalization or profits of the companies they head, and this is most likely the result of measurement difficulties and remuneration policies that may be skewed by self-interest. This week we’ll conclude by answering the key strategic question “what should companies do about it”.  Our answer may surprise you. What the data does – and doesn’t – tell us As with nearly all population statistics, the pay received by...

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Are CEOs really overpaid and mostly not worth it? Part 2

Posted by on Jan 16, 2012

Last week, in Part 1 of this topic, we introduced the following questions: Are the highest paid CEOs really worth what they’re being paid? And does paying top dollar for a CEO add to the bottom line, where it really matters? The answers, supported by studies cited last week, are that the Fortune and FT 500 firms with the highest paid CEOs experienced negative abnormal returns over the subsequent 5 year period. (See details in Part 1 of this report.) This week we’ll explore more data and review opinions from some of the top researchers in the field of executive pay. We’ll answer 2 key...

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Grow your payoff by investing more in the highest leverage leadership activity.

Posted by on Sep 19, 2011

What is the highest leverage leadership activity? Since we began consulting on strategic planning in 1989, we’ve been strong advocates of advance preparation for planning sessions.  When client teams short-change advance preparation, it takes longer to create plans.  Perhaps worse, the resulting plans tend to focus on short term and operational issues.  In short, lack of preparation means your plans aren’t likely to have the desired positive impact on your organization’s future. We can’t think of a better way to increase your organization’s effectiveness than by making great...

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Are published “values statements” a waste of time, or worse?

Posted by on Jul 4, 2011

What’s wrong with values statements? A formal statement of organizational values, it’s said, defines acceptable standards of behaviour for members of the organization. Without values, the narrative goes, people will act as it suits them rather than following organizational norms. Given the large numbers of organizations that publish values statements in their strategic plans and similar official documents, leaders apparently take values quite seriously. But the apparent lack of intention with which most organizations launch and publicize their stated values suggests that leaders...

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