According to McKinsey: – Nearly 50 percent of top executives did not earn support for their ideas when moving into C-suite roles. – More than 33 percent of C-suite executives have not met their objectives during their tenures. Results from a McKinsey Insights online survey conducted in July 2014. n = 1, 195 global c-level respondents (1) When McKinsey consultants Rajiv Chandran, Hortense de la Boutetiere, and Carolyn Dewar asked C-level respondents asked what factors contributed to success or failure, organization-wide alignment was considered ‘critical’. Misalignment is a silent killer of C-suite objectives. Not surprisingly, the same top executives consider organizational culture the hardest area to understand … Continue reading #AlignedValue: Why aren’t more #CEO, #CFO, #Csuite leaders achieving their objectives?
3 Tactics for Creating a Successful Turnaround Through Positive Cultural Change Not many companies have had as much tumult lately as Sprint, which, in February, took a $1.9-billion quarterly write-off because of the reduced value of its trade name. The company’s stock price is down by more than 50%, from a high of $9.74 in June, 2014 to $4.28 on February 26, 2015, but the sale price has somewhat stabilized over the last 30 days. The highs and lows can be attributed to CEO Marcelo Claure, who, in little more than a half-year at the helm of the third largest … Continue reading Successful Turnaround via Positive Cultural Change | Chief Executive magazine #CEO #AlignedValue
HR Matters is @TowersWatson’s bimonthly digital publication providing practical advice, analytical insight, and case studies for solving high-priority business issues. Business Issues Covered in the Feb 2015 Edition Recruiting is booming: Is it time to recalibrate your talent management strategy? What to consider when shareholder perceptions conflict with CEO value How to create an employee value proposition for a multi-generational workforce Measuring cultural differentiators: What is your workforce thinking, but not saying? Change leadership programs are the secret weapon of high-performing organizations Do compensation systems need to be restructured for today’s norms? Audiences Business leaders of multinational companies Business … Continue reading @TowersWatson #HR Matters Feb 2015 is out // Build #AlignedValue with talent, culture, and rewards