Last week I had a unique opportunity to speak with George (a pseudonym), CEO & Chairman of a $3+ billion global public consumer goods company. We spoke about his
exit strategy. The reason he wants to leave? A micromanaging board member.
I think George is being hasty and has much to gain by learning to work with the board member. Here’s
why:
Research by The Economist Intelligence Unit, Communication Barriers In The Modern Workplace (2018), shows how poor workplace communication can destabilize a company’s performance with 52% more stress for employees, 44% failure to complete a project, 31% low employee
morale, and 25% missed performance goals.
The implications of leaving too soon are considerable. He’ll need to consider timing carefully to coincide with his incentives and deferred compensation payouts for his exit to work. He will likely be unable to make his plan, which will impact his bonus and the company’s goals. He will let himself and his team down. It may impact his personal brand.
The timing for my call with George was perfect as it coincides with our last article on the four primary leadership styles and concludes
this short series with a review of the analytical style of leader.
As we know, organizations are led by various types of leaders: high drivers, extroverts, introverts, and analytical leaders. This article (you can read or listen) focuses on how to interact with and influence the analytical CEO, Board Chair, shareholder, or
investor.
Described as detail-oriented and (sometimes) a micromanager, the
analytical CEO is a data-driven decision-maker. Knowing how to work with the analytical leader is a matter of understanding their motivations.
We also recently released a podcast episode featuring me (Maureen Farmer, CEO/Founder), and our Podcast Producer, Maddie Shears, discussing strategies for changing industries and some of the reasons CEOs get frustrated with the length of time it takes for such a transition. We also discuss proven tactics for landing a role in a new industry and other perspectives on
navigating that “stuck” feeling.