Insights
Spencer Stuart: What’s the Purpose of the CEO’s Team? It’s Probably Not What You Think
CEOs often tell us nothing matters more than their teams. To this point, they want their teams to be in better sync so they — and the company — can move faster and make more progress on their key objectives.
Their teams, meanwhile, tell us they feel overworked, overwhelmed and unsupported. In most cases, team members tell us — privately — they feel more like a collection of individuals than a “real” team. They struggle to balance delivering on their day-to-day responsibilities with the need to monitor rapidly changing business conditions and position the business to effectively respond.
Our experience working with teams over the last two decades has clarified for us that teams with a clear-eyed understanding of their purpose are more effective at maintaining that balance and are higher performing.