Harvard Business Review
September 2004
The vast majority of top management teams spend too little time together and fritter away too much of it on a hodgepodge of incidentals.
All of the members bring items to the agenda, as if they were Secret Santas at an office party. Seemingly urgent problems get the most attention while important issues get pushed to the next meeting.
Research by Marakon shows that most top teams systematically shortchange the big conversations and big decisions –formulating strategy, allocating capital, weighing the competing claims of business units.
The research, fortunately, uncovers some exceptional companies that have learned to use top management’s time like the scarce resource it is.
Subscribers to HBR can read online (external website)
For a customized reprint of this article, or to learn more about how we can help you bring the ideas in this article to your business, please contact Neal Kissel at nealkissel@marakon.com or at +44 (0) 20 7321 3650.
| More
Are Acquisition Multiples Too High ?We recently attended a dinner with a dozen or so CEOs to talk about best practices in portfolio management. » read more
Refocus on Value » It's time to rethink investment strategies, plans, and resources » read more