For high growth companies, the challenges facing the senior leadership team are often exacerbated by the speed of change and the need for the business to be both innovative and disruptive.
Never has there been a greater need for the famous, but elusive, “high performance team”.
Challenges faced by Senior Leadership Teams:
The pace of change in high growth companies can put great pressure on the leadership team and sometimes this means they are more like a collection of individuals than a cohesive team. This can lead to problems such as:
- poor decisions
- wasted effort and resources
- a corrosive culture… poor relationships and rivalries at senior level can cascade down through the organisation, leading to bad behaviours elsewhere
As companies grow, the skills of individuals in the teams do not always align with the new needs of the business.
We often see that senior people are so busy working “in the business” that they do not have time to “work on the business” and forget about the need to be innovative and disruptive…. Often the very challenges that motivated them in the first place!
Benefits of Working with SKCI to Develop your Senior Leadership Team:
SKCI’s consultants have extensive experience operating in high growth businesses, so we understand the problems faced by your leadership team.
We have the skills and the experience to help your team develop in the best way for your business, ensuring that there is trust between team members and helping you to create the right culture at all levels of the company.
The ultimate goal is to enable your leaders to become a “high performance team”;
- happy to trust each other
- willing to engage in constructive conflict over ideas
- committing to decisions
- holding each other accountable
- focussed on achieving the desired results
How is this service delivered in your company?
The development of senior leadership teams is inevitably a tailored service and often forms part of wider strategy review and implementation project.
Where appropriate, we use technology to assist in the process, but we combine this with the best of the current thinking in team development.
As with our other services, we start by listening carefully to your needs. This need analysis typically includes structured interviews with staff, attending leadership team meetings, staff surveys and an analysis of any existing indicators (e.g. staff satisfaction surveys and business performance against it defined goals).
We then recommend specific strategies that are appropriate within the environment of a high growth business. These strategies may include:
- definition and implementation of a culture for the company and the senior leadership team
- ensuring the leadership team contains an appropriate balance of roles and people
- people’s responsibilities are clearly defined
- working with the team members to help them develop trust and embed a culture of accountability
ESG Strategy Development
SKCI’s experienced consultants work with your stakeholders to create a comprehensive ESG Strategy which is in alignment with your business growth goals.
Business Strategy Development
Working with SKCI will help you to move faster in developing your sustainable growth strategy, as well as facilitating a successful and effective implementation.
Many leaders of high growth companies do not understand how to develop an effective board and have difficulty in maintaining the discipline of separating the roles of shareholders, directors and management.
SKCI’s Strategy Hub is your One-Stop-Shop for all your business strategy needs. You will find SKCI’s 5 Key Questions (5KQ) of Business Strategy. Work your way through from article 5KQ 1 – 5, or dip in and out as you like. A growing library of Strategy Tools are available to download in easy to use Word and Powerpoint format.
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