FIVE PRINCIPLES TO SUPPORT EXECUTIVE SUCCESS
The difference
between success and failure for an executive comes down to five basic
principles, regardless of the size or type of organization. Likewise, there are five key tendencies that
tempt managers and executives at every level, according to the new book The
Five Temptations of a CEO: A Leadership Fable. Succumbing to these temptations can lead to
professional and organizational disaster.
It can be much
easier to focus on issues like marketing, strategic planning, and finance than
on behavioral self-examination. But,
according to author and business consultant Patrick Lencioni, an executive’s
success hinges on a few key behaviors, which are related to five potentially
dangerous temptations. The following
principles, Lencioni maintains, are basic to the success of any executive:
The desire
to produce results. This principle for success is the most
important of the five, but it is often undermined by the temptation to protect
the status of a career first.
Holding
employees accountable for delivering on the commitments that drive
results. Executives often avoid this principle
for success when they succumb to the temptation to maintain their own
popularity. It is more important to work
for the long-term success of the organization than to seek affection – an
executive is not likely to be popular at all if employees, and organization,
fail.
“Any
decision is better than no decision at all.”
This military
philosophy allows organizations to move ahead.
The corresponding temptation, the need to make correct decisions, leads
to vague and hesitant direction and a lack of results.
Recognizing
the value of conflict. The desire for harmony can stifle valuable
exchange of ideas. Everyone in an
organization must be encouraged to share their knowledge and perspectives and
to air their ideological differences with passion. Good decisions cannot be made until all
available information is on the table.
Encouraging
employees to challenge the ideas of the executive.
The final temptation, the need for invulnerability, is a significant
cause of failure. Mistakenly believing
they will lose credibility if their ideas, these misguided executives end up
squelching productive conflict.
For more
information on the book, contact Jossey-Bass Publishers at 800-956-7739; Web: www.josseybass.com Cost: $20.
From Administrator The Source for
Practical Ideas and Key Issues in Higher Education; November, 1998, volume 17,
Number 11, pg 2