So you’re at the top of the ladder, eh? Here’s how to make sure you are not just producing results, but that you are also trusted to lead. — By: Paul Schoemaker & Drs. Hanke Lange
You started modestly in your career and have made it to the management team–congrats. At long last you are in control of your own destiny, or so it seems at least. But whether your team runs an entire company, division, business unit or functions, you are still subject to oversight and review.
At the most senior level, it will be a Board of Directors that evaluates the senior management team’s overall performance. Having served on several boards and worked with many more in different parts of the world, we know that developing credibility is a key determinant of long-term success for management teams.
Why Credibility Matters
You might think that hitting your numbers or fostering good board relationship are the key factors, and yes, they do matter. But at a deeper level, much comes down to your Board or supervisors having confidence in your team’s ability to deliver reliably on what is expected. It is all about credibility since that will influence trust, resource allocation, strategy approval, empowerment and risk taking.
Based on our research as well as experience, credibility most depends on…Read More.