March 30, 2012 at 2:11pm
This is my short version of title. these types of CEO are usually (unfortunately) successful enough to stay on for the short term, but everything about them defines failure. there existence is like poison in the organization-kills spirit of innovation and is spread distrust. Let's find a management tool to help employees show these types the door out fast..revolution for the company..
Short term profits targets make this barrier a real problem. When money is e only measure for a CEO or founder of a company success, then egotistical and ignorant (culturally, managerially) managers have the time to kill any spirit out of creative and innovative and passionate employees. Great profit this year should not hide the fact that the a-- H--- on the top murdered the long term viability through his politics, lack of transparency, lack of accountability behavior.
I recernly worked in an organization that needed total turnaround after losing a third of it's capital in one year. the CEO actually hired me to find identify the problem and then find a solution..guess what ..he was the problem.. And I informed him that his very exit stance in the firm, and through his values that lack transparency, accountability or trust, he has brought this company to it's knees..the problem here and in most similar cases, is that these managers ( I will not call them leaders) don't see their short comings and have good intentions..but I found that they have something in common...money in their pockets before everything else..tunnel vision..short term..lack of analytical abilities.. I would like us in MIX to find a tool that can help employees who identified this type to throw this CEO on the streets..the difficulty is that these habits and values in the CEO are not tangible on the financial statements..so the other shareholders who are in another country can not feel the impact until it's too late.. measuring these issues is also difficult as employees lack the tool or time to fight the boss.. And telling it thorugh email will seem un team like or worse, that you are talking against your boss and your value system will be questioned!!!!?? So the only measure an employee currently has is to resign and leave a job she likes due to a CEO being a barrier to innovation. I say CEO leaves.
What makes this barrier hard to remove? Profits and short term cash flow. In addition, the lack of management tools and behaviors that allow employees to spread a revolution against the "festival CEO"
Start with having a employees share their thoughts and feelings about their culture to independent stakeholders.