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What is a Management Team?
“Even in the best companies, a so-called top
team seldom functions as a real team,” says Jon R. Katzenbach.
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.
12 Leadership Roles
Members of the management team should be
strategic thinkers able to see the big
picture, have
diverse experience, demonstrate
leadership attributes, 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.
7 Characteristics of Successful Entrepreneurial Firms
By: NBIA
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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...
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Selecting a New Corporate Leader: 3
Questions
Lessons from Peter Drucker
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. It is the
building of a subordinate’s personality beyond its normal
limitations.
A leader must set strict principles
of conduct and responsibility, high standards of performance,
and respect for the individual and his work...
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Case in Point
GE
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"1. In the company's 1993 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."...
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25 Lessons from Jack Welch
The 10 Key Project Leader Skills
5 Characteristics of a Winning Team
Shared Values: Team members are looking for a "values fit" with their team. Without it,
they won't give the team their best. Team members should participate in
establishing
shared values and values-based common goals if you wish them to
live these values, be committed to these goals, and have a feeling of
interdependence and ownership for their jobs and unit.
Shared values become also your team's code of
behavior as they define what is and isn't acceptable...
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17 Indisputable Laws of Teamwork
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The Law of the
Big Picture:
The Goal is More Important Than the Role
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The Law of the
Niche: All
Players Have a Place Where They Add the Most Value
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The Law of the
Chain: The
Strength of the Team Is Impacted by Its Weakest Link...
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