April Issue

Welcome to my newsletter. Consider this a collection of insights and ideas from myself and the team at CEO.works.

CEO.works | Europe Webinar: The Anatomy of Failure: A Closer Look at Why CEOs and Transformations Fall Short

As someone who has spent decades working with CEOs and leading organizational transformations, I've seen firsthand just how challenging it can be to create sustainable value for your organization. And lately, I've also seen too many transformations fail to deliver on their ambitions. But there is a way to get it right, and I want to share my insights with you. That's why I'm grateful to join Hein J.M. Knaapen on his upcoming webinar on the shortest route to sustainable value creation.

We'll discuss the themes that matter most for CEOs and CHROs seeking to create sustainable value, including why so many transformations fail to deliver on their value ambitions, unclarity about what matters–and what doesn't– for value creation, and how to mobilize the role-talent combination for this endeavor.

Hein and I aim to offer revealing thinking to CEOs and CHROs who want to create sustainable value for their organizations. You'll get firsthand observations and expertise that can help you find the shortest route to sustainable value creation.

I hope you'll join us on May 2, 2023, at [insert time]. To register, simply click on this link and enter your details.

Navigating the C-Suite as a New CHRO

I'll admit that the CEO and transformation failure rate in today's business landscape can be alarming, especially when considering the significant investments made in such initiatives. It's ever more apparent that companies need effective leadership at all levels, including in the CHRO role. However, many new CHROs may struggle to navigate the C-suite and prioritize their responsibilities, hindering their ability to drive company performance. Hein's recent article on our blog is timely, exploring ways new CHROs can successfully navigate the C-suite and leave a positive legacy.

Here is an excerpt:

One thing I have learned in my career in HR is there’s only so much that matters. The trouble is most people stepping into their first CHRO role don’t have a natural feel for what that actually is.

The fault is not theirs. Corporate dynamics don’t encourage focus: they foster a politically correct bias for action. In most organizations, this bias becomes an obsession that doesn’t necessarily get anyone closer to results. I admit I was often a sinner in this respect. Excitable, high-energy, and ambitious, I would eagerly take on this and that, running at warp speed, tackling many things at once.

I have no doubt that my impact as a CHRO would have been significantly greater had I distinguished this “action obsession” earlier in my career and strategically focused my attention, time, and energy on driving company performance. What I lacked, without knowing it, was a framework for discriminating the imperative from the nonessential.

I offer the following three inquiries to new CHROs as a framework for navigating their role. While there are no wrong answers, some will drive more impact than others.

?3 QUESTIONS FOR NAVIGATING THE C-SUITE

1. How do you relate to your company’s purpose?

By purpose, I mean why your company exists.

It is not wise to arrive in the boardroom and immediately start telling your new C-suite colleagues what that purpose is, could be, or even should be. However, it is prudent for you to listen and learn from them. While the purpose itself does not need to be breathtakingly noble to be relevant to the company’s customers, it needs to be clearly expressed and applied.

Sometimes there are several different reasons for an enterprise to be. That complexity can inadvertently complicate thinking at the executive level about strategies and priorities. In this case, you can bring two things to the conversation. First, a call for clarification when the purpose is “muddy” or vague. And second, your relatively fresh, expert perspective on priorities that are currently underway. Moving forward, relate to the enterprise’s purpose as a North Star to help keep you and your fellow C-suite members on the straight and narrow, choosing the imperative over the nonessential and avoiding counter-productive diversions and unnecessary conflict.

You can find the full article?here .

CEO.works Shop

Did you know that CEO.works has a shop where you can find all our publications on Talent to Value?? Today, I'd like to offer you our Talent to Value Bundle for free as a token of my appreciation for subscribing to my newsletter and being a part of this growing Talent to Value community.

With this bundle (a $149 value), you'll get access to all three of our products: the Move e-book, the Talent to Value Whitepaper, and the Interventions Whitepaper.

The Talent to Value bundle is perfect for anyone who wants a comprehensive look at how to implement talent management strategies in their organization. This is more than just some tips—we've done all the legwork for you, so you can focus on what matters: building your organization for exponential value creation.

To claim your deal during the next 30 days, follow this link .

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