The importance of a Top Management Team


An effective management team that works cooperatively and consists of members selected to provide a range of knowledge and skills is a key characteristic of a successful entrepreneurial firm

Venture Financing

What are the venture capital investment criteria? Of all of the criteria, the need for a strong management team is by far the most critical. Venture capital investors look for an experienced and well-balanced management team with a sound track record  >>>

Sustainable Culture for Innovation

Top management team must prioritize company's innovation needs and lead by example

Continuous Improvement

Top management commitment is #1 key to successful implementation of Kaizen strategy




The necessity of building a management team is central in the concept of leader effectiveness. The management team is the entire work group as an integral unit (rather than an aggregate of individuals), governing itself within the area of freedom allowed by its position in the organizational hierarchy.

Members of the management team should be strategic thinkers able to see the big picture, demonstrate leadership attributes, have diverse and synergistic experience, combine business insight with technical savvy, and be committed to continuous learning. They should also have a common vision of the future, be good team players who are committed to creating superior value for all stakeholders customers, employees, investors and society as a whole – by getting the best from their people and leading continuous innovation.

Large organizations are made of several of many inter-locking management teams. The CEO and all the executives reporting directly to him or her would be a management team. But at other organizational levels, managers and supervisors and all workers reporting to them respectively would also form management teams. The same person may be a leader in one management team and a group member in another.




Top Management Team Leading Innovation

C-level and leadership support is a key driver of success of an innovation function... More

CEO must act as a Chief Inspiration Officer.. Each member of the top management team has responsibilities in functional areas but cross-functional systemic innovation must also be  supported... More



 Case Studies GE Way

To build effective top management teams, GE selects superior managers and creates a transparent financial reporting structure that enables CEO to monitor the manager's individual performance by the numbers... More

As far as Jack Welch, the legendary former CEO of GE, is concerned, middle managers have to be team members and coaches. "They have to facilitate more than control. They should be able to excite and praise people and know when to celebrate. Managers should be energizers, not enervators". In a company's Annual Report, Welch began talk openly about taking steps against those managers who couldn't learn to become team players: "In some difficult cases this mean parting company with some impressive people... who won't play as part of a team. Their debilitating effect on the team can outweigh the the benefits of their individual talent."... More

Jack Welch advice business quotes

The idea flow from the human spirit is absolutely unlimited.

All you have to do is tap into that well.

Jack Welch


Peter Drucker advice

Leadership is not rank, it is responsibility. It is the lifting of a subordinate’s vision to higher sights – the raising of a subordinate’s performance to a higher standard.... More


Vadim Kotelnikov advice quotes

Leadership is about creating powerful human currents moving enthusiastically and creatively in the desired direction.

Vadim Kotelnikov

Vadim Kotelnikov, founder of 1000ventures - personal logo    Business e-Coach    Innompic Games icon