Best Practice Report: Helping Managers Succeed

INTRODUCTION

AchieveNEXT’s CFO and CHRO Alliances are fueled by our shared belief in the power of peer-to-peer learning. We realize personal and professional growth by sharing our experiences and welcoming insights from others. During the first quarter of 2021, our peer discussions were focused on growth strategies and how to drive top-line revenue. Our Member Engagement team began to see trends emerge during conversations with Members. We uncovered a common theme: To achieve growth goals, enterprises need the right people in the right seats. Much like the core concept in Jim Collins’ legendary business book “Good to Great” leaders need to focus on the “who” before the “what.” Collins talks about not just having all the people on the bus — but having them in the right seats. As we moved in Q2 2021, CFO and CHRO Alliance Members continued to share that they are unsure about whether or not their new managers are equipped to step up into first-time leadership roles. It became clear that we needed to turn to our community to gather best practices. We called on volunteers from our CFO and CHRO Alliance networks to serve on a Special Task Force and develop a best practice report that would focus on leadership traits and skills for managers. We selected 25 Members to co-write this report. We held numerous meetings, formed sub-groups and dug into the work of creating a meaningful report based on real-life experiences of emerging and mid-market CFOs and CHROs who have taught others how to manage and lead teams and enterprises. The result is this 40-page Helping Your Managers to Succeed guide. This expansive report is a collaboration between noted business author Ram Charan and our CFO and CHRO Alliance members and includes case studies, best practices, grounded insights and personal insights from leaders on the front lines of leadership who are actively grooming their next generation of managers. I’d like to give a personal thank you to Ram Charan for his insights on this topic, to our AchieveNEXT Human Capital Solutions team who provided advice and commentary, and to each of our Task Force Members who carved out time during the busiest months of the year to create this important tool for their peers. Your commitment and passion are what make our Member Networks thrive. Warm regards. Greg Wood Member Engagement Officer AchieveNEXT Member Networks 3

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