Don't ask the CEOs
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MAP consulting is out with their latest Quarterly CEO Survey. Here's the lead copy from their site.
"While CEOs ante up to the challenges of today's competitive pressures and the current economic conditions, they're recognizing the power of people. Whether better managing their company's clients, employees or both, today's CEOs are strengthening business by building stronger relationships with these individuals."
And, a little further down in the release, we find this.
"Almost 70 percent of these company leaders are motivating staff with simple, yet effective, non-financial rewards, such as verbal and written recognition."
Really? You can't count on that for an accurate description of reality because you're asking the wrong person.
Don't ask the CEOs to tell you how they're doing. Ask the people who work for the CEOs, preferably as far away on the org chart as possible.
Human beings, even CEOs, rate themselves by intent. That's what's happening here.
To get any real value from a survey like this, you have to know what "non-financial rewards, such as verbal and written recognition" means. What are the companies actually doing?
Then you have to find out how it's working. You won't find that out from the man or woman at the top of the org chart. You need to chat with some of the people at the bottom.
One more thing. When you talk to that person at the bottom of the chart, you won't get an answer about what the CEO is doing. You'll get an answer about what that person's boss is doing and how it's working.
Boss's Bottom Line
If you want to know how you're doing and how your people are doing the best way to find out is to talk to them. Have real conversations. Lots of them. Several a day.
Wally's Working Supervisor's Support Kit is a collection of information and tools to help working supervisors do a better job. It's based on what Wally's learned in over twenty years of supervisory skills training. Click here to check it out.


While not reliably statistical, the CEO reviews on Glassdoor.com are interesting in terms of "what are the troops thinking".
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Thanks for sharing that resource, Trevor. Another problem is that these can be used as a revenge mechanism. That said, they're about the only unfiltered "view from the inside" that we can get.
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I hope that some financial rewards are being forwarded as well. While simple recognition can certainly be motivating, the idea that the CEO might think that is all you need, while stock options and other riches are sent to the top end of the ladder would be disheartening.
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Thanks for adding that point, Fred. You're right. Leadership by example should mean shared sacrifice and shared rewards.
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Wally,
This post reminded me of Christmas Vacation with Chevy Chase and the "Jelly of the Month Club" non-financial bonus for the year.
Some examples of CEOs written communication:
"Thanks for putting in that extra effort so I can still remain way overpaid"
"Thanks for turning out the lights last night to save money. I understand you're having to work later because we cut the guy on the right of you and the gal on the left."
"Thanks for entertaining our clients, but I can only afford to reimburse you 50% of the meal because our cost cutting measures would prefer you order off the dollar menu at McDonalds."
Thanks for the post. The jelly of the month is typically expired or recalled when I get the reward.
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Great comment, Scott. Thanks!
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