Friday, February 26, 2010

Executive Branch

Executive management is first charged with securing the chance to succeed.

The executive branch is charged with leading the organization toward achieving its goals.

Executive management is first charged with securing the chance to succeed. That chance starts with acquiring both the investment of capital and committed employees who share the vision. Both acquisitions have specific requirements. The investor must earn a greater return on the invested capital than could be achieved with alternative investments with similar risk. the employee seeks a return of personal growth opportunities, freedom to contribute, and a pleasing work environment. Once the requirements of investor and employee are met, the foundation is laid and the organization has the chance it needs to succeed. Then the team can together spread its wings and passionately pursue its purpose.

Second, the Executive branch must then develop and implement strategies that invest, structure, develop, challenge, and control both the corporate resources and talent. The responsibilities of People, Plan, Place, Performance and Process are areas that require particular attention because of the extreme importance of each to the success of the operation.

ACTION POINT: Secure the "chance to succeed" for your investors and your employees.

No comments: