Do your people know why you are in business? Are they con-stantly alert to challenges from the competition?
Is change in your organization under control? Do you know what the management requirements will be as your company grows?
How well do you understand your people, their strengths and limitations? Do they find you a good delegator? Do you promote strictly on the basis of merit?
Few CEOs will be able to answer all of these questions with a resounding "yes." How do you spot the trouble areas? And what can you do to turn them around?
The Warning Signs:
- Lack of Clear Direction.
- Failure to Meet the Challenges of Growth.
- Complacency.
- Excessive Change.
- Living with Poor Performance.
- Lack of Delegation.
- Poor Communication.
Top management failure is not necessarily a permanent condition. People change, grow, adopt new styles to fit new situations. If any of these sevens signs seem familiar, here are some specific actions you can take to turn things around.