Alexander Hamilton, one of the United States’ founding fathers, famously called energy the most important characteristic of the executive branch of government. “A feeble Executive implies a feeble execution of the government,” he said in the Federalist Papers. “A feeble execution is but another phrase for a bad execution; and a government ill executed, whatever it may be in theory, must be, in practice, a bad government.” Contemporary corporate CEOs should heed Hamilton’s warning.
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No matter how capable CEOs might be, they need the help of a trusted team: an executive committee of senior managers who report directly to them, meeting regularly to help shape the collective work of the enterprise. CEOs and their executive committees (excos) are the veritable energy reactors of organizations.
However, my counseling experience indicates widespread dissatisfaction with these committees among both leaders and members. Research shows that the problems faced by excos are so widespread that effective teams are rare, and work well only when they fit the CEO’s leadership style.
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