You’re Not as Aligned as You Think You Are, and It’s Impeding Your Company’s Growth
IPM too often sees leadership teams who are overconfident in their alignment or have gotten out of sync over time. And it’s hindering their growth.
Because executive team cohesion is critical to company performance, we surveyed senior executives about how their teams become misaligned, what they do to stay aligned, and how it affects performance.
We found the more methods companies use to stay aligned, the better they tend to perform. So, the solution must be multifaceted and deliberate:
- Commit explicitly and continuously to shared priorities, collaborative behaviors, and strategic tradeoffs.
- Ensure the foundational processes are in place and working.
- Adopt a slate of ongoing principles and practices, including formal alignment assessments, risk management, robust accountability, and empowering individuals or teams to safeguard strategic focus.
Download the white paper for a comprehensive and pragmatic framework.
Teams that implement a wide range of best practices are far more likely to report strategic success and revenue gains. Ultimately, sustained executive alignment transforms the leadership team into a cohesive force and helps you grow your business.
Michael McLeod, Chief Operating Officer, has day-to-day accountability for IPM’s service operations. Since joining the firm in 1994, he has bolstered IPM’s strategy development, executive team alignment, and the growth and diversification of the business.
Harry Georgiades, Managing Director, heads up operations on the West Coast. He collaborates with the executive team and his senior leadership peers to develop and implement the business strategy to drive growth.
Andrew Dolvig is Managing Director of Consulting Services, leading the development, launch, and on-market management of IPM’s portfolio of products and services, which enable the strategy realization and performance of IPM’s clients.
Amber Monaghan is a Director in IPM’s Chicago office, where she oversees project management consultants and specializes in process excellence, optimization, and change management.
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Services: Strategy Realization | Change Management | Project Management Office Consulting
Industries: Pharmaceuticals and Biotechnology | Medical Technology | Healthcare | Consumer Products | Industrial Products