Posts Tagged “CXO”

Earlier this month, I had the opportunity to speak to a business process management organization and a human resources organization about leading transformational change. The groups share three attributes:

1. They both help design the organization’s future,
2. They both see somebody else as responsible and accountable for implementing those changes.
3. The press that covers these groups is frequently discussing the question, “Why don’t we have a seat at the CXO table.”

A Facilitator Ran This Road Crew

Many I spoke to saw their role as facilitators. I absolutely believe in the value of a good facilitator. Unfortunately, facilitators, by definition, are more focused on the process than the outcome. People at the CXO table care about outcomes. I didn’t share my story about a particularly frank CFO adapting an adage about lawyers. When confronted with a huge problem and an army of consultants, he turned to his team and said, “First, let’s shoot all the facilitators.”

Stewardship has many definitions. In biblical times, the steward was a servant that managed the master’s household affairs. It was a position of honor and earned through trust. Today, stewardship refers to a mindset where a person takes responsibility for something that the person does not own. Environmentalists use the term to refer to the appropriate usage of the earth’s resources. Stewardship is a proactive mindset that says, “Count on me to do the right thing.” Anybody can be a steward.

I turn off the lights when I leave a room in my home, and in hotel rooms. I’m a mini-steward of the environment. I try to teach my children to take responsibility for things they don’t directly control. With basketball season upon us, my comment became, “Instead of criticizing her for missing free throws and the fact that you have to run more, invite her to work out with you and show her how to shoot better shots.”

Think about the working world. There are people you work with that regularly stand up and say, “I can make sure that happens.” The task at hand has nothing to do with the person’s job description. They make things happen by influence, not force. (The best thing about those people is that they frequently don’t say a thing; they just do it.)

The next time you want to see change happen, don’t say, “I can’t do anything because I don’t control the situation.” Ask yourself, “What is the number one thing can I influence?” One light in one hotel room won’t stop global warming, or lower my price on the next visit, but it did make a difference. My daughter has yet to realize that the coach is going to make the team run and she will never get to avoid it. She might as well have a teammate who can shoot.

I’m sure you will find you can influence at least one thing in a positive direction. The best part of stewardship is that practice it makes you better at it. The more you act as the steward, the more you will want to, and the more others will want you to. You can influence a tremendous amount just by ignoring your job description and saying, “count on me to do the right thing.”

I continue to work on material for several speaking engagements and am currently focused on “what is on the mind of the C-Suite.” The methodology is highly informal, but some clear trends begin to emerge:

• Economics – Today’s economy has made it all the harder to continue prior trends. Credit is challenging, commodities have sky-rocketed, inflation has awoken, the housing bubble is deflating, the dollar has slid greatly, confidence is weak, and the tax code likely will be changing next year. Good news is limited and some potential risks have turned into realities.
• Agility and Innovation - Companies that can move quickly win. How does a business create new products and services and implement more productive ways of working quickly and effectively? How does an organization spark and nurture collaboration and flexibility?
• People – The data is clear. Engaged people create superior results. How does a C-Suite attract, identify, hire and motivate the highest quality talent? Millennials have different expectations of their employer. Long-term employees are leaving with years of knowledge. Engagement is a here-and-now challenge. Tapping the supply of talented people that can lead and execute well in the new world will only get harder. How can they make people a competitive advantage? How can they effectively manage the employment brand proposition?
• Community Responsibility - Whether the issue is climate change, sustainability or corporate social responsibility, there is an expectation that employers contribute positively to the communities in which they do business. It isn’t just nice-to-do anymore.
• Corporate Governance - Enron and Sarbanes-Oxley may be distant memories for you, but you probably don’t sign and certify your company’s governance structure. More than one C-Suite member has voiced a worry about “their signature,” and “on my watch.” It may not be sexy, but it does take time.
• Constituency Management - Will there ever be enough time to pay attention to shareholders, regulators, customers, suppliers and employees while staying at the forefront of personal and professional development? Don’t forget – the C-Suite also must demonstrate – occasionally – the merits of work-life balance as well.

Even if the list is not perfect, the reality is that there is a lot to worry about before looking at today’s sales, tomorrow’s advertising, or next year’s business plan. Today’s CXO needs people who can execute well so that they can address long-term opportunities for the business.