This article from McKinsey Quarterly looks at identifying some of the common issues that plague top management teams across organizations and also offers honest insights into actions that can kick-start the development of a good team at the top.
Organizations across the world have identified the importance of having a strong team at the top but fail to set down criteria for identifying key leadership talent and developing them once recruited as leaders.
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The authors clearly identify, based on their research, the top issues that require attention, some of which are shared below.
- Confused Direction
- Lack of in-depth – understanding
- Poor dialogue
- Insularity
- Ineffective interaction
Some of the key areas that they advise organizations to work on for improving effectiveness of teams at the top include
- Addressing a number of issues concurrently
- Channel discontent within team
- Minimizing outside intrusions.
- Encouraging inquiry and reflection
Do check out the full article.
Definitely worth a read for anyone involved in working with top management teams.