CHICAGO, April 30, 2012 (GLOBE NEWSWIRE) -- Can attention to the CEO's top team really make that much of a difference to an organization's financial performance?
While empirical research offers some evidence connecting the two, the mechanism behind the link has remained more or less a mystery. But findings from RHR International's soon to be published Team Effectiveness Study™ not only confirm this relationship, but also provide support for a number of key factors – specific to superior senior teams and their leaders – that drive results.
Through analysis of data from 200 senior teams, RHR has isolated seven Key Success Factors that differentiate an Aligned Superior Senior Executive Team (ASSET™) from lower performing teams.
- Agile Design
- Engaged Leaders
- Disciplined Focus
- Efficient Decisions
- Adapt and Connect
- Shape the Culture
- Get Results
"Our study shows that an ASSET™ performs in a markedly different manner from a lower performing team," said Dr. Juleen Veneziano, RHR International's Research Consultant and leader of the study. "The presence of these success factors results in a measurable difference in the organization's top and bottom line."
According to Dr. David Astorino, RHR International's Global Practice Leader - Senior Team Effectiveness, "Companies with an ASSET™ can be shown to perform better in areas such as sales, market share, profitability and overall organizational performance, among others."
In a three part series of its thought leadership publication, Executive Insight, RHR International will look at each one of these elements, provide insights into why they matter and offer suggestions on how they can be developed and used to turn an organization's senior executive team members into an ASSET™. In Part I, the process begins with the CEO, who must know why the senior executive team exists and how to purposefully design (or redesign) it for maximum effectiveness. For details, download the complete issue, entitled "Make Your Senior Team an ASSET™ – Design & Leadership."
ABOUT RHR INTERNATIONAL
We are a firm of management psychologists and consultants who work closely with top management to accelerate individual, team and business performance. We focus on five key areas of client need — Executive Selection and Integration, Accelerated Executive Effectiveness, Senior Team Effectiveness, Management Due Diligence and CEO Succession. We have been proven difference-makers for more than 65 years, unique in our combination of top management focus, psychologists' perspective and high-level business acumen.
RHR International has offices in Belgium, Brazil, Canada, China, France, Germany, Italy, Switzerland, United Kingdom and United States. The company is headquartered in Chicago, Ill. For more information, please visit www.rhrinternational.com, http://tinyurl.com/rhrblogsite and https://twitter.com/RHRIntlLLP.
The RHR International logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=11444