Last week I was in Rhode Island where Autumn is beginning to take hold. It got me thinking about transitions and especially the transition that any new executive must make to shift from an operational perspective to a broader business-wide perspective.
When you become a senior leader, you have to change the way you think about both your role and the business. Senior leaders who don’t do this will be ineffective at best, and fail at worse.
Operational management is focused on getting sales, improving processes, and internal performance on a number of measures. But senior executives must be concerned with the business. And the position challenges are very different as a senior leader. You have to be concerned with how to grow the business, how to increase competitive advantage, how to provide a return that is better than the cost of capital, how to sustain profitability, and so on.
Those challenges require a different, more strategic perspective on the business, and new skills, not the least of which is how best to use your time.
As a senior leader, you need competent people to handle operations so that you have time to focus on overall business challenges.
The success of the business depends on you making this transition. But it’s not easy because the temptation is to get involved with operational issues and decisions – where you likely feel comfortable and have been successful in the past.
And importantly, you are in a position where you can feel very much isolated and alone facing key decisions for which you are fully accountable.
I have had significant success working with senior executives on this transition and the many other singular issues facing senior executives. If you, or another executive in your organization, want to make faster, surer progress, contact me. I’d welcome the opportunity to talk and explore how we could work together.
Copyright 2018 Bob Legge
I am a trusted advisor on strategy implementation and executive effectiveness to leaders of Fortune 500 companies, mid-size companies, nonprofits, education, and government. My work helps leaders drive strategy, lead successful change, develop high performance cultures, improve individual and organizational performance, and produce faster, sustainable growth and value.
If you want to seize new opportunities, dramatically improve your leadership effectiveness, and free-up more time for yourself and your family, give me a call.
My website is http://www.boblegge.com
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