Management Questions

The Harvard Business Review pulled together a list of questions that CEOs and boards can ask each other to try to bring their mutual goals more in line with each other.

1. Where should we place our primary focus – shareholders, stakeholders or society at large?
2. What is long-term shareholder value really about and how is it created?
3. Can we influence who our shareholders are?
4. What is our responsibility to the survival of the firm as an institution?
5. What changes should we make in our pay practices to encourage long-term value creation?
6. What should we be doing to build the intrinsic motivation of our people, recognizing the possibility that our pay practices might be a detriment to motivation?
7. Do we need to rethink the role of corporate social responsibility in our firm?
8. What should we be doing now to ensure an internal successor is ready when the CEO retires?

Source: 8 Questions to Settle the CEO vs. Board Conflict | Harvard Business Review, ChiefExecutive.net

292No Comments »http%3A%2F%2Fwww.mgmtquestions.com%2F2011%2F11%2F26%2F8-questions-to-align-ceo-and-board%2F8+Questions+to+Align+CEO+and+Board2011-11-26+15%3A09%3A44Administratorhttp%3A%2F%2Fwww.mgmtquestions.com%2F%3Fp%3D292 Posted by Administrator / Corporate Governance Questions

• What should our business model look like in three to five years as the implications of our business strategy play out?
• What balance do we need on the spectrum of centralization vs. a distributed network of business entities? How should we be structured to best support our business strategy: by geography, product, function, customer—or a hybrid arrangement?
• Do we have the right organization design in place to help the workforce perform optimally? Are the right governance and decision-making mechanisms in place? Do we have the right leverage and the right organization structure (the pyramid of different roles and responsibilities) to execute in a cost-effective manner?
• Do we have the right analytics and tools in place to monitor workforce performance and make timely changes?
• Do we have management processes that keep workforce performance continuously aligned with a changing business strategy? Do we understand our informal networks that work side-by-side with formal structures—networks that have a powerful impact on how work gets done?
• Is our HR organization designed to support the workforce in a cost-effective manner? Is HR participating in strategic discussions at a high-enough level in the company?
• Are there any constraints in the HR organization that would impede our ability to get the right capabilities and people into the company, develop them and retain them? Do the right HR processes exist, and is HR effectively integrated into the business?

Source: A New Lens on Business Advantage: Human Capital Strategy and the Drive for High Performance by David Smith, Yaarit Silverstone and Adrian Lajtha | Accenture

288No Comments »http%3A%2F%2Fwww.mgmtquestions.com%2F2011%2F11%2F01%2Forganization-design-and-operating-model-questions%2FOrganization+Design+and+Operating+Model+Questions2011-11-01+15%3A32%3A50Administratorhttp%3A%2F%2Fwww.mgmtquestions.com%2F%3Fp%3D288 Posted by Administrator / Management Questions and Organization Questions