Strategic leadership and the chief executive

This article is based on research undertaken among South African chief executives occupying the most senior operational positions in public-quoted companies. In looking at distinctive characteristics in these individuals the research attempts to bring together the activities that shape the chief executive's job and explore possible trends in their background; career route and behaviour patterns, and from the compositie picture to provide guidelines for executive development.     

8 keys to the chief executive suite

What makes a great CEO? Take a look at some of the critical skills you need to develop if you expect to land the top spot.     

Strategic planning--the role of the chief executive

Failure to see strategic planning as a process and ineffective CEO involvement are two reasons for failures in strategic planning. This article outlines the stages in an effective strategic planning process, discusses the appropriate role or roles for the CEO or leader in each stage, and defines the expected results from effective strategic planning.     

The chief executive and his information system

The authors examine the attitudes of British chief executives towards their information systems using recent survey evidence. They discuss the chief executive's individual computation needs and the extent to which he satisfies these personally, his attitudes towards computer-based information and corporate models, and his general informational and analytical requirements. Of particular interest, is the relative contribution as judged by chief executives of intuitive judgement, computer-based analysis and manual analysis respectively to strategic decision-taking; comparative valuations of formal and informal information systems are also ascertained. On the evidence provided by the chief executives, future prospects for computer systems and modelling techniques at strategic level are generally sound although it is difficult to see them achieving the dominance at top managerial level once envisaged by the more optimistic and imaginative management scientists and cyberneticians.     

Environmental issues: the challenge for the chief executive

Businesses are under pressure to adopt environmental policies and incorporate them into their strategic business planning as a matter of routine. These pressures are coming from at least five sources--stricter legislation, consumer demand, competitive advantage, staff concerns and community pressure. The challenge is enormous but there is growing evidence that sound environmental management provides pay-off in bottom line results. Business organizations have a vital role to play and its good for them. There are opportunities for new business as well as threats to those organizations which continue to ignore the trends.     

The new class of chief executive officer

This article summarizes the results of research into the ways in which environmental forces are changing the management task of chief executive officers of large corporations. The article comments on the changing business environment; on the time spent by managers on environmental forces; changes in the basic strategies of managers concerned with major social and political environmental forces; the characteristics which chief executive officers believe their successors must have to be effective managers; major ways in which the impact of environment on the CEO is changing the infra-structure and decision-making process; and, finally, a brief look at the future.     

Corporate planning and Corporate Collapse

In this article John Argenti describes what he found during a year's investigation into company failure that he undertook for a recently published book ‘Corporate Collapse’. At first it was difficult to see any pattern but certain conclusions gradually emerged as he discussed the causes and symptoms of failure with more and more people.

Many of the lessons are of particular significance for bankers, shareholders, accountants and others but John Argenti believes there are a number of extremely important lessons for corporate planners as well—especially as ‘defective response to change’ turns out to be one of the prime causes of failure in mature companies.     

Environmental scanning—Does it help the chief executive?

Firms must correctly identify and analyze the nature of their strategic environments, their strategic oppurtunities and problems, and, formulate the precise strategy sets for corporate strategy for accomplishing the chosen organizational objectives and goals. This articles reports on a survey. Chief executives of industrial corporations provided their insights and experience (see Appendix I) and the findings are analyzed for the implications for other practising chief executives. The nature of environment which is strategic to a particular firm has considerable influence upon the firm's choice of strategies. The correct understanding of this influence is critical to the firm's organizational effectiveness. Only after a correct understanding can the chief executive formulate the precise mix of strategies and meld them in the strategy sets of the corporate strategy.The major findings indicate that the levels of difficulty experienced in accomplishing firm's objectives and goals depend upon the perceived nature of complexity, unpredictability and dynamism of the firm's strategic environments. The levels of clarity on strategic issues also depend upon these same attributes of environments. The formulation of strategy sets of corporate strategy are indicative of the ways by which the chief executive and his management team expect the firm to achieve its major objectives and goals by monitoring the strategy sets to keep in tune with the changing realities of the firm's strategic environments. General management, marketing and finance, were the vital group strategies, followed by production and research and development. External relations, personnel and procurement were the least important strategies. Firms operating in simple and stable environments experienced the least difficulty in achieving corporate goals, while firms in dynamic and complex environments experienced the greatest difficulty.     

Corporate planning in the Netherlands

This article is the result of an investigation into the practice of corporate planning in 20 major Dutch companies. The results emphazise some of the problems regarding the corporate planner and his role in the firm. Those problems are such that it is not unrealistic to speak of some sort of “identity crisis”.     

Corporate planning at Dunlop

It has often been said that corporate planning is an art which, like all art perhaps, means all things to all men. As other papers have attempted to do this approaches the concepts of corporate planning in an analytical manner and illuminates a number of approaches which the author considers to be preferable. The problems of corporate planning in Dunlop Limited are then analysed and the author's own experience of corporate planning in that company are utilized describing a practical and comprehensive system.     

Corporate planning in the mineral industry

The following overview of external and industry environment with brief references on approaches to corporate planning, is intended to stimulate interest for more in-depth examination of particular phases or issues in planning within the mineral industry. Commentary and dialogue will be welcomed by the author.     

Corporate planning and management by objectives

Management by Objectives seeks to integrate the company's objectives for profit and growth with the personal goals and satisfaction of managers. The system requires a review of company objectives and an attempt to translate these into key objectives and performance standards to which individual managers are committed. MBO dependes for its success on the existence of a company environment in which the individual can grow and provides a basis for harnessing the human resources of the organization in the achievement of company objectives.     

Corporate planning and management by objectives

Management by Objectives as described in literature has major shortcomings in not stressing that MbyO should start at the ‘top’, with a clear statement of the overall objectives of the business. MbyO assignments which are operated with middle management often have disappointing results, as the gap between their objectives and those at the higher levels becomes apparent. The practical difficulties of establishing overall objectives of the business is one reason, while another is that management consultants have sometimes operated corporate planning and MbyO as two separate assignments, or ‘techniques’, whereas they are two sides of the one coin. These articles detail how to establish overall objectives, which are then a firm basis for objectives throughout the business.     

Where planning fails—An executive survey

In a study of chief executive officers, chief planning officers and division managers in 15 American and Canadian companies, it was discovered that executives were not very satisfied with the performance of their planning staffs. This was shown to be due to the staff's emphasis on the administration of the planning process at the expense of providing substantive input in corporate and divisional planning.     

Corporate planning for social responsibility

From his position as Senior Chaplain of a team of Industrial Chaplains, working in industry yet not part of it, the author probes the necessity for a global perspective as a setting for all decisions. The multi-national family of man with limited resources provides the context for multi-national planning and for corporate strategies. We need an ethic for society so that ethical considerations are seen to be pertinent to relationships between nations as well as relations between individuals. This paper suggests a simple model of the ethical dimensions of a global village, which will enable us to see the world perspective while operating at the corporate level and with immediate responsibilities that seem limited but are extensive.     

Corporate strategic planning in practice

Practical approaches have now been developed for use in corporate strategic planning. These methods can be applied to any type and size of business organization anywhere.     

Corporate planning in developing economies

The critical factor in industrial planning in developing economies is the effective implementation of national or regional plans at the individual industrial enterprise level. This article focuses upon the ‘state of the art’ of corporate planning in developing countries and, having considered the difficulties and opportunities for improvement, suggests guidelines for a constructive assistance programme based on the development of planning in terms of progressive modular steps which may be introduced one at a time depending upon individual needs and other local circumstances.     

Corporate planning in local government

The author suggests that corporate planning in local government is concerned with giving purposive choice to our local communities through the political process. It is not concerned with making the choice, but it is concerned with ensuring that there is awareness that a choice is being made and that attempts are made to understand the impact of that choice.