How CEOs Build a Strong Foundation for Their Team

How CEOs Build a Strong Foundation for Their Team

What is the purpose of your executive team?

The reason for being?

Last week, I talked about the importance of developing a sense of collective responsibility across the executive team for the entire organisation, part of becoming a high performing team.

The first step towards creating this high performing team, your executive team, is to develop an agreed, shared purpose. For this team to come together and define why they exist as a team. This provides a solid foundation the team can build upon.

If the executive team is going to deliver, then they need to understand what it is that they are delivering on. Why they are part of the organisation. In fact, why they are leading the organisation.

Purpose is like a north star for the executive team. It keeps them on track. Their purpose helps inform what they should be doing and what is outside their remit. Having a clear purpose helps the executive team stay in their own lane, rather than trying to do everyone else’s role.

A few questions to consider when you start to define the purpose of your executive team.

➥ What purpose does your exec team serve?

➥ Why does the executive team exist?

➥ What should they do?

➥ What should they stay away from?

➥ What is no longer their role?

➥ How do they add value?

➥ What is important for them to focus on?

➥ How do they support the organisation purpose?

Another good reason to have this defined purpose for the executive team is it becomes incredibly important when you have those difficult decisions to make, when there are differing points of view. When you look to your purpose, it can help to inform which decision is most aligned to serving the purpose of the executive team, which in turn serves the organisation and its purpose. In times of tension and conflict, looking to the executive team purpose can provide clarity.

“When you’re surrounded by people who share a passionate commitment around a common purpose, anything is possible.”

Here are a few things you might like to consider when you are trying to develop your executive team’s purpose.

What is the purpose of the executive team?

❖ To bring your organisational purpose to life.

❖ To provide a clear vision for the next 3-10 years.

❖ To provide aspiration.

❖ To provide direction.

❖ To provide guidance.

❖ To enable the organisation to deliver on the vision.

❖ To provide strategic leadership.

❖ To develop the strategy.

❖ To remove the friction.

❖ To foster growth and leadership.

❖ To embody the organisation purpose.

❖ To provide visible leadership.

❖ To be the messenger.

❖ To develop connection and trust across the organisation.

❖ To be the living brand and reputation of the organisation.

❖ To protect the organisation and its people.

❖ To challenge the status quo.

❖ To dream big.

❖ To innovate.

❖ To advocate.

❖ To challenge.

What is the purpose of your executive team?

There is no one size fits all. It is about why. Why your executive team exists in this organisation.

I’d love to know your thoughts.

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