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Who's in the Room: How Great Leaders Structure and Manage the Teams Around Them PDF

210 Pages·2012·0.81 MB·English
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Frisch f01.tex V3-11/17/2011 11:21am Pageiv Frisch f01.tex V3-11/17/2011 11:21am Pagei ‘‘Although there are some differences between managing non- profit institutions and for-profit companies, a common set of unwritten rules defines decision making in the executive suite of almost any organization. Bob Frisch understands those rules, and in Who’s in the Room? he clearly describes both why they are so pervasive and the detrimental impact they can have on your management team dynamics. More importantly, he presents a straightforward approach to making the rules of how your organization makes critical decisions more transparent and effective.’’ —CharlesRoussel,CEO,CollegeofAmerican Pathologists ‘‘CEOs—and the people who work for them—are going to be talking about Who’s in the Room? This important new book addresses how decisions really get made. It takes the issue of top team effectiveness out of the realm of traditional team building andintoquestionsofprocessandstructureandrequiredflexibility. Itprovidesapracticalguidetoraisingyourimpactasaleader.’’ —GretchenW.McClain,CEO,XylemInc. ‘‘Who’s in the Room? offers executives unique insights into how executivedecisionsreallyhappen.Frischdrawsonhisexperience and shares stories of how senior leaders make decisions, use kitchen cabinets, and unleash employee energy. He also offers guidance on structures, processes, and roles for high-performing teams. The book is pragmatic and relevant for any executive who realizes that much of today’s work has to be done through relationshipsandcollaboration.’’ —DaveUlrich,professor,RossSchoolofBusiness,Universityof Michigan;andpartner,TheRBLGroup ‘‘Companies, and the numerous issues that arise around decision making, are always much more complex and dynamic than the whittled-down portraits typically offered by the media and in business school cases. Here, Bob Frisch does the opposite of Frisch f01.tex V3-11/17/2011 11:21am Pageii that. Instead of over-simplifying reality to make solutions more accessible, he provides a more sophisticated and elegant set of frameworks to directly acknowledge the complexity of organiza- tions, and specifically how people act within them. The result is abookwhichisengaging,andmostimportantly, practical.’’ —Eric Korman, senior vice president, strategy and business development,RalphLaurenCorporation ‘‘Are you in the room when your company’s important decisions are made? Do you have the right people in the room when you need advice on key decisions? Bob Frisch’s deep experience and insightful analysis will help you build stronger teams and makebetterdecisions.Who’sintheRoom?isessentialreadingfor anyonein,oraspiringto,theseniorexecutivesuite.’’ —Charles Fine, professor, MIT Sloan School of Management; andauthor, Clockspeed Frisch f01.tex V3-11/17/2011 11:21am Pageiii Who’s in the Room? Frisch f01.tex V3-11/17/2011 11:21am Pageiv Frisch f01.tex V3-11/17/2011 11:21am Pagev Who’s in the Room? How Great Leaders Structure and Manage the Teams Around Them BOB FRISCH Frisch f01.tex V3-11/17/2011 11:21am Pagevi Copyright©2012byJohnWiley&Sons,Inc.Allrightsreserved. PublishedbyJossey-Bass AWileyImprint OneMontgomeryStreet,Suite1200,SanFrancisco,CA94104-4594—www.josseybass.com Nopartofthispublicationmaybereproduced,storedinaretrievalsystem,ortransmittedinanyform orbyanymeans,electronic,mechanical,photocopying,recording,scanning,orotherwise,exceptas permittedunderSection107or108ofthe1976UnitedStatesCopyrightAct,withouteithertheprior writtenpermissionofthepublisher,orauthorizationthroughpaymentoftheappropriateper-copyfee totheCopyrightClearanceCenter,Inc.,222RosewoodDrive,Danvers,MA01923,978-750-8400, fax978-646-8600,orontheWebatwww.copyright.com.Requeststothepublisherforpermission shouldbeaddressedtothePermissionsDepartment,JohnWiley&Sons,Inc.,111RiverStreet, Hoboken,NJ07030,201-748-6011,fax201-748-6008,oronlineatwww.wiley.com/go/permissions. LimitofLiability/DisclaimerofWarranty:Whilethepublisherandauthorhaveusedtheirbestefforts inpreparingthisbook,theymakenorepresentationsorwarrantieswithrespecttotheaccuracyor completenessofthecontentsofthisbookandspecificallydisclaimanyimpliedwarrantiesof merchantabilityorfitnessforaparticularpurpose.Nowarrantymaybecreatedorextendedbysales representativesorwrittensalesmaterials.Theadviceandstrategiescontainedhereinmaynotbe suitableforyoursituation.Youshouldconsultwithaprofessionalwhereappropriate.Neitherthe publishernorauthorshallbeliableforanylossofprofitoranyothercommercialdamages,including butnotlimitedtospecial,incidental,consequential,orotherdamages.Readersshouldbeawarethat InternetWebsitesofferedascitationsand/orsourcesforfurtherinformationmayhavechangedor disappearedbetweenthetimethiswaswrittenandwhenitisread. SomeofthediscussioninChapterFourofexecutiveteamsaslegislatureshasbeenadaptedfrom ‘‘Off-SitesThatWork,’’byBobFrischandLoganChandler(HarvardBusinessReview,June2006,pp. 117–126),and‘‘WhenTeamsCan’tDecide,’’byBobFrisch(HarvardBusinessReview,November2008, pp.121–126). SomeofthediscussioninChapterSevenoftestingwallsandfenceshasbeenadaptedfrom‘‘When TeamsCan’tDecide,’’byBobFrisch(HarvardBusinessReview,November2008,pp.121–126). SomeofthematerialintheextendeddiscussionoftheMarquisdeCondorcet’svotingparadoxin ChapterFourhasbeenreprintedwithpermissionfrom‘‘WhenTeamsCan’tDecide,’’byBobFrisch (HarvardBusinessReview,November2008,pp.121–126).Copyright©2008byHarvardBusiness Publishing;allrightsreserved. Jossey-Bassbooksandproductsareavailablethroughmostbookstores.TocontactJossey-Bassdirectly callourCustomerCareDepartmentwithintheU.S.at800-956-7739,outsidetheU.S.at 317-572-3986,orfax317-572-4002. Wileyalsopublishesitsbooksinavarietyofelectronicformatsandbyprint-on-demand.Some materialincludedwithstandardprintversionsofthisbookmaynotbeincludedine-booksorinprint- on-demand.IftheversionofthisbookthatyoupurchasedreferencesmediasuchasCDorDVDthat wasnotincludedinyourpurchase,youmaydownloadthismaterialathttp://booksupport.wiley.com. FormoreinformationaboutWileyproducts,visitwww.wiley.com. LibraryofCongressCataloging-in-PublicationData Frisch,Bob. Who’sintheroom:howgreatleadersstructureandmanagetheteamsaroundthem/ BobFrisch.-1sted. p.cm. Includesindex. ISBN978-1-118-06787-1(hardback);ISBN978-1-118-17007-6(ebk); ISBN978-1-118-17008-3(ebk);ISBN978-1-118-17009-0(ebk) 1. Decisionmaking.2. Seniorleadershipteams.3. Chiefexecutiveofficers. 4. Executives. I. Title. HD30.23.F7552012 658.4(cid:2)022-dc23 2011039775 PrintedintheUnitedStatesofAmerica firstedition HBPrinting10987654321 Frisch ftoc.tex V3-11/17/2011 11:23am Pagevii Contents Introduction: Who’sintheRoom? 1 PART ONE: FROM PROBLEM TO PORTFOLIO 5 1 MostCompaniesAreRunbyTeamswith NoNames 7 TheMythoftheTopTeam IllusionandReality TheProblemThatIsn’tThere,ButWon’tGoAway 2 TeamBuildingWon’tSolvetheProblem 21 WhentheShrinksGoMarchingIn AftertheShrinksHaveGone 3 Don’tBlametheBoss 29 InSearchoftheIdealLeader InsidetheBox Dothe‘‘Rights’’Thing 4 FourFundamentalConflictsattheHeartof SeniorManagementTeams 41 MissionControlVersusKnightsoftheRoundTable: FunctionalSpecialistsorReflectionsoftheCEO? TheTeamVersustheLegislature:TheRepresentative fromFinance,theSenatorfromOperations TheHouseVersustheSenate:AreSomeMoreEqual ThanOthers? Frisch ftoc.tex V3-11/17/2011 11:23am Pageviii viii contents TheMajorityVersustheMajority:TheImpossibilityof Deciding MaybetheProblemIsThatThereIsNoProblem 5 CaseStudy:HowOneCEOTransformedHisTop Team 57 ThePastasPrologue MovingfromaSingleTopTeamtoMultipleTeams TheTeamThatSitsTogetherWorksTogether TailoringtheStructuretoSuitYourNeedsasaLeader 6 BestPractices:DesignanOrganization That DeliverstheOutcomes YouNeed 73 TheThreeCentersofGravity FlexinginFiveDimensions ThePortfolioandthePayoff PART TWO: THE SENIOR MANAGEMENT TEAM UNBOUND 91 7 EngagetheSeniorManagementTeaminThree CriticalConversationsNoOtherTeamCanHave 93 8 AligntheSeniorManagementTeamArounda Common ViewoftheWorld 99 TheStartingPoint:AligningAroundTrends ClusteringTrendsintoDriversofChange UnderstandingCapabilitiesandAssets WalkingtheBoundariesoftheCompany:TestingWalls andFences DefiningandSelectingOpportunities 9 PrioritizeandIntegrateInitiatives toHit the StrategicBull’s-Eye 119 AskingtheNearlyImpossible:PrioritizingInitiatives TheRealSourceoftheDifficulty ChangingtheConversation

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Is your company run by a team with no name? At the top of every organization chart lies a myth that a Senior Management Team makes a company's critical decisions. The reality is that critical decisions are typically made by the boss and a small group of confidants a "team with no name" outside of fo
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