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BY Dan Wallace

Would This Conversation Happen in your Company?

A few years ago, one of my clients was planning to step down as CEO within a couple of years and wanted to appoint his successor from inside the company. What made this tricky was that there wasn’t a single, obvious candidate. Recognizing that whomever he chose would need some time to grow into the role, he wanted to get an early start. The first step was finding out who was interested and how the rest of the team felt about them.

Rather than bury this issue in a series of secretive one-on-one conversations, he asked his team a simple question: “Who among you is interested in becoming our next CEO?” Three hands went up. What happened next was remarkable.

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The “Let Go” List

If you’re reading this, you just might be that founder, owner, and visionary who really struggles to let go. The company is your baby. You’ve had a hand in every aspect of it for years, and you don’t know how to feel comfortable unless you keep doing that. If that sounds like you (or the person you work for), don’t worry. You have plenty of company. And there’s hope.

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Do You Have the Right Expectations?

Setting the right expectations for your leadership team is not about showing everyone how high you can set the bar; rather, it’s about creating clarity and alignment in considering what work you intend to get done, what time frame is necessary to do it, and how the two line up with each other.

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How Can We?

How Can WeA few years ago, a friend of ours was given the task of diagnosing and fixing defects in the first version of a huge-brand consumer electronics product. The product’s initial launch had been an embarrassment. Worse, since it was first sold at Christmas and the defects didn’t become apparent for several months, there was very little time to get things fixed for the next holiday selling season.

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6 Key Drivers of Success

6 Key Drivers of SuccessA few weeks ago, a friend sent us an article by New York Times business columnist Adam Bryant along with this question, “In your experience, do these six ‘success drivers’ make sense?”

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Company Core Values – Do You Believe?

Company Core Values - Do You BelieveI read a post on LinkedIn from Harvard Business School Professor Michael Wheeler, a behavioural economist (essentially a psychologist who tries to understand why we consistently do the seemingly irrational things we all do). You can see his post here. It describes an appalling situation – a British Marine was recently convicted of murder and sentenced to life in prison for killing a wounded and helpless enemy fighter in Afghanistan. Wheeler postulated that only a clear statement of a core belief, “Marines Don’t Do That,” might have been enough to stop the soldier from committing what most view as a crime.

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