Foreword |
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xi | |
Contributors |
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xiii | |
Use |
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xv | |
Acknowledgments |
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xvii | |
1.0 Direction |
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1 | (62) |
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2 | (16) |
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1.1.1 Know what business you are in |
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3 | (1) |
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1.1.2 Do not manage organizations like investment portfolios |
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4 | (1) |
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1.1.3 Manage for the long term-even when it hurts in the short term |
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5 | (1) |
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1.1.4 Favor offense over defense |
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6 | (1) |
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1.1.5 Respond faster than competitors |
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7 | (1) |
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1.1.6 Use the competition as a source of free research and development |
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8 | (1) |
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1.1.7 Embrace management fads with caution |
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9 | (1) |
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1.1.8 Act differently than the competition |
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10 | (1) |
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1.1.9 Grow the core business. Phase out noncore business |
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11 | (1) |
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1.1.10 Outsource noncore business functions only |
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12 | (1) |
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1.1.11 Consult with key people in the organization when creating strategic plans |
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13 | (1) |
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1.1.12 Regularly revisit, review, and revise strategic plans |
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14 | (1) |
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1.1.13 Incorporate multiple scenarios and contingencies in strategic plans |
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15 | (1) |
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1.1.14 Apply the 4+2 formula |
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16 | (1) |
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1.1.15 Do not hesitate to cannibalize existing products |
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17 | (1) |
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18 | (19) |
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1.2.1 Cultivate a quiet and focused leadership culture |
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18 | (1) |
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1.2.2 Focus on the critical 20 percent when making decisions |
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19 | (1) |
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1.2.3 Communicate long-term goals in person |
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20 | (1) |
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21 | (1) |
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1.2.5 Create a personal "anticipation registry" |
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22 | (1) |
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1.2.6 Create a sense of healthy urgency |
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23 | (1) |
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1.2.7 Apply policies consistently to all levels of management |
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24 | (1) |
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1.2.8 Set challenging but attainable goals |
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25 | (1) |
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1.2.9 Favor reducing barriers over increasing pressure |
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26 | (1) |
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1.2.10 Actively support training and development |
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27 | (1) |
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1.2.11 Declare a revolution when radical change is required |
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28 | (1) |
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1.2.12 Avoid the principal-principal problem |
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29 | (1) |
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1.2.13 Create synergies in mergers and acquisitions |
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30 | (1) |
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1.2.14 Downsize in one dramatic event-not gradually |
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31 | (1) |
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1.2.15 Use moral management as the primary leadership approach |
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32 | (1) |
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1.2.16 Use coaching to enhance executive performance |
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33 | (1) |
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34 | (1) |
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1.2.18 Explain the reasons behind decisions honestly |
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35 | (1) |
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1.2.19 Focus on meeting (not exceeding) customer expectations |
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36 | (1) |
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37 | (26) |
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1.3.1 Ensure that a majority of directors come from outside the organization |
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37 | (1) |
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1.3.2 Focus on oversight and not micromanagement |
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38 | (1) |
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1.3.3 Develop formal codes of conduct that affirm ethical values and behavior |
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39 | (1) |
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1.3.4 Observe a zero tolerance policy regarding discrimination |
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40 | (1) |
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1.3.5 Institute a formal process of evaluating board performance |
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41 | (1) |
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1.3.6 Institute a formal process of evaluating organizational performance |
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42 | (1) |
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1.3.7 Appoint an audit committee comprised of independent directors |
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43 | (1) |
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1.3.8 Enable directors to have access to managers below CEO level |
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44 | (1) |
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1.3.9 Institute a formal compliance program |
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45 | (1) |
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1.3.10 Establish a red-flag monitoring program |
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46 | (1) |
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1.3.11 Distribute background information for upcoming board meetings in advance |
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47 | (1) |
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1.3.12 Link director compensation to board performance |
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48 | (1) |
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1.3.13 Provide strategic direction while also overseeing strategy implementation |
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49 | (1) |
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1.3.14 Establish a policy addressing whistle-blower protection |
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50 | (1) |
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1.3.15 Appoint a nominating committee to screen and select director candidates |
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51 | (1) |
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1.3.16 Limit the number of boards on which directors can serve |
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52 | (1) |
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1.3.17 Establish and enforce a minimum level of board meeting attendance |
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53 | (1) |
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1.3.18 Establish and maintain a CEO succession plan |
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54 | (1) |
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1.3.19 Provide corporate governance policies to shareholders |
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55 | (1) |
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1.3.20 Provide training for directors |
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56 | (1) |
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1.3.21 Ensure that directors have input regarding board and committee meeting agendas |
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57 | (1) |
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1.3.22 Limit the number of directors to between 8 and 14 |
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58 | (1) |
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1.3.23 Appoint different people as chairperson and CEO |
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59 | (1) |
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1.3.24 Adjust board meeting frequency to meet the needs of the organization |
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60 | (1) |
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1.3.25 Integrate stakeholder concerns into the mission and practice of the organization |
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61 | (1) |
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1.3.26 Consider the interests of all stakeholders-not just managers and shareholders |
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62 | (1) |
2.0 Execution |
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63 | (38) |
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64 | (19) |
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2.1.1 Measure performance in simple, nonintrusive ways |
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65 | (1) |
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2.1.2 Build in evaluative guideposts for new ventures with long time horizons |
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66 | (1) |
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2.1.3 Assign a representative group to make decisions when "buy-in" is key |
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67 | (1) |
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2.1.4 Assign an individual expert to make decisions when efficiency is key |
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68 | (1) |
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2.1.5 Determine the partitionability of tasks before adding resources |
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69 | (1) |
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2.1.6 Ritualize the practice of project debriefings and self-evaluation |
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70 | (1) |
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2.1.7 Schedule a "halftime" at the midpoint of projects |
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71 | (1) |
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2.1.8 Keep written communications short and simple |
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72 | (1) |
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2.1.9 Communicate important messages in multiple ways |
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73 | (1) |
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2.1.10 Create and follow an explicit agenda at every meeting |
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74 | (1) |
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2.1.11 Document meeting events and action items |
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75 | (1) |
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2.1.12 Explain why change is necessary before implementation |
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76 | (1) |
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2.1.13 Clearly communicate what will and will not change |
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77 | (1) |
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2.1.14 Develop an exit strategy for outsourcing agreements |
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78 | (1) |
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2.1.15 Use benchmarking to improve organizational practice |
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79 | (1) |
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2.1.16 Share experience and best practices across business units |
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80 | (1) |
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2.1.17 Assess training needs before implementing a training program |
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81 | (1) |
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2.1.18 Strive to eliminate all forms of excess and waste |
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82 | (1) |
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83 | (9) |
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2.2.1 Simplify systems and procedures |
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83 | (1) |
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2.2.2 Centralize policy and decentralize management |
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84 | (1) |
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2.2.3 Insulate research and development teams from market feedback and internal politics |
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85 | (1) |
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2.2.4 Design jobs that possess high-core job dimensions |
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86 | (1) |
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2.2.5 Provide employees with "whole" tasks |
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87 | (1) |
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2.2.6 Separate responsibility for task completion from responsibility for task assistance |
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88 | (1) |
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2.2.7 Maintain an up-to-date organizational chart |
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89 | (1) |
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2.2.8 Actively support telecommuting or do not use it at all |
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90 | (1) |
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2.2.9 Institute formal, direct lines of communication between executives and employees |
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91 | (1) |
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92 | (9) |
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2.3.1 Set direction about ends, but not means |
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92 | (1) |
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93 | (1) |
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2.3.3 Keep teams together-they only get better with time |
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94 | (1) |
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2.3.4 Ensure that new teams realize early success |
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95 | (1) |
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96 | (1) |
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2.3.6 Ensure the contribution of all team members |
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97 | (1) |
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2.3.7 Create a war room for projects requiring high levels of interaction |
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98 | (1) |
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2.3.8 Favor group-based rewards over individual-based rewards |
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99 | (1) |
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2.3.9 Structure common tasks and share rewards to improve group cohesion |
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100 | (1) |
3.0 People |
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101 | (52) |
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101 | (11) |
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3.1.1 Hire internally when qualified candidates are available |
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103 | (1) |
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3.1.2 Implement a coworker referral program |
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104 | (1) |
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3.1.3 Provide job candidates with a realistic job preview |
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105 | (1) |
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3.1.4 Use psychometric tools as guides only |
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106 | (1) |
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3.1.5 Consider general mental ability in hiring practices |
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107 | (1) |
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3.1.6 Use situational interviews |
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108 | (1) |
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3.1.7 Consider high-performance personality traits in hiring practices |
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109 | (1) |
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3.1.8 Inform job applicants of reference checks |
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110 | (1) |
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3.1.9 Focus on cultural fit and value congruence |
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111 | (1) |
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112 | (16) |
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3.2.1 Treat employees as assets of the organization, not costs |
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112 | (1) |
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3.2.2 Hold managers accountable for employee retention |
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113 | (1) |
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3.2.3 Ensure that employees understand their benefits |
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114 | (1) |
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3.2.4 Conduct exit interviews when employees resign |
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115 | (1) |
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116 | (1) |
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3.2.6 Use the past as a source for inspiration and instruction |
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117 | (1) |
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3.2.7 Create environments where employment security is assured |
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118 | (1) |
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3.2.8 Create an environment that is work/life friendly |
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119 | (1) |
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3.2.9 Treat employees the same |
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120 | (1) |
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3.2.10 Seek ways to minimize stress |
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121 | (1) |
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3.2.11 Develop systems that ensure organizational fairness and justice |
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122 | (1) |
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3.2.12 Deal with morale problems |
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123 | (1) |
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3.2.13 Do not avoid or suppress conflict-manage it openly |
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124 | (1) |
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3.2.14 Build trust in organizations |
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125 | (1) |
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3.2.15 Consider layoffs as a cost-reduction method of last resort |
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126 | (1) |
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3.2.16 Favor market-based compensation for base salaries |
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127 | (1) |
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128 | (11) |
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3.3.1 Use performance appraisals for employee development only |
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128 | (1) |
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3.3.2 Meet with employees on a regular basis to discuss performance |
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129 | (1) |
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3.3.3 Cultivate creativity, risk taking, and contrarian thinking |
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130 | (1) |
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3.3.4 Implement a volunteer-only mentor program |
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131 | (1) |
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3.3.5 Implement career development programs |
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132 | (1) |
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3.3.6 Use multisource feedback to evaluate performance |
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133 | (1) |
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3.3.7 Avoid similar-to-me bias |
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134 | (1) |
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3.3.8 Favor developing strengths over correcting weaknesses |
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135 | (1) |
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3.3.9 Create a culture that is receptive to continuous change |
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136 | (1) |
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3.3.10 Empower employees with authority and accountability |
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137 | (1) |
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3.3.11 Emphasize "learning from experience" to develop leadership |
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138 | (1) |
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139 | (14) |
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3.4.1 Put employees first. Shareholder value will follow |
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139 | (1) |
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3.4.2 Avoid internal competition. Emphasize external competition |
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140 | (1) |
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3.4.3 Cultivate a stakeholder culture |
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141 | (1) |
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3.4.4 Minimize status distinctions |
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142 | (1) |
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3.4.5 Maintain a positive emotional climate |
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143 | (1) |
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3.4.6 Share the rewards of success with all employees |
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144 | (1) |
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3.4.7 Label different business and management eras |
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145 | (1) |
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3.4.8 Engage employees in organization-sponsored community outreach |
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146 | (1) |
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3.4.9 Actively promote team spirit in groups |
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147 | (1) |
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3.4.10 Emphasize listening in discussions and meetings |
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148 | (1) |
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3.4.11 De-emphasize the hierarchy of the organizational chart |
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149 | (1) |
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3.4.12 Focus on fixing problems, not punishing people |
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150 | (1) |
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3.4.13 Share key financial information with employees |
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151 | (2) |
Afterword |
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153 | (4) |
Appendix A |
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157 | (10) |
Appendix B |
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167 | (6) |
References |
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173 | (30) |
Readings |
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203 | (4) |
Index |
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207 | (14) |
About AMSI |
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221 | |