Leading effective Executive Leadership Team (ELT) meetings is a crucial aspect of a CEO's role, particularly in high-growth software startups. These meetings not only shape strategic decision-making but also impact the overall direction and culture of your organization. Here's how you, as a CEO, can steer these meetings towards productive outcomes.
The structure of the meeting plays a pivotal role in its success. At Exordiom, we recommend the LASER (Learn, Analyze, Strategize, Execute, Review) framework for ELT meetings:
Learn: Share key updates and data from different business units, including market trends, operational metrics, and customer feedback.Analyze: Discuss the implications of these updates on your strategic goals.Strategize: Collaboratively develop action plans and initiatives to address key challenges and exploit opportunities.Execute: Assign roles, responsibilities, and deadlines for each action plan.Review: Follow-up on the progress of previous action plans and make necessary adjustments.
Encourage all team members to voice their opinions and ideas. This not only leads to diverse perspectives but also fosters a sense of ownership and engagement among the team.
Base your discussions and decisions on accurate, up-to-date data. This helps reduce biases and assumptions, leading to more informed and effective decisions.
While addressing immediate challenges, keep the organization's long-term vision and strategic goals in perspective. This ensures that your decisions align with the company's overall direction.
Ensure every decision made in the meeting has a clear owner and deadline. Regularly follow up on these decisions to maintain accountability.
Leading effective ELT meetings is just one part of the multifaceted role of a startup CEO. At Exordiom, we're committed to supporting CEOs navigate this complex journey with tailored strategies and a hands-on approach, ensuring your leadership drives your startup towards its ambitious growth goals.
Leading effective Executive Leadership Team (ELT) meetings is a crucial aspect of a CEO's role, particularly in high-growth software startups. These meetings not only shape strategic decision-making but also impact the overall direction and culture of your organization. Here's how you, as a CEO, can steer these meetings towards productive outcomes.
The structure of the meeting plays a pivotal role in its success. At Exordiom, we recommend the LASER (Learn, Analyze, Strategize, Execute, Review) framework for ELT meetings:
Learn: Share key updates and data from different business units, including market trends, operational metrics, and customer feedback.Analyze: Discuss the implications of these updates on your strategic goals.Strategize: Collaboratively develop action plans and initiatives to address key challenges and exploit opportunities.Execute: Assign roles, responsibilities, and deadlines for each action plan.Review: Follow-up on the progress of previous action plans and make necessary adjustments.
Encourage all team members to voice their opinions and ideas. This not only leads to diverse perspectives but also fosters a sense of ownership and engagement among the team.
Base your discussions and decisions on accurate, up-to-date data. This helps reduce biases and assumptions, leading to more informed and effective decisions.
While addressing immediate challenges, keep the organization's long-term vision and strategic goals in perspective. This ensures that your decisions align with the company's overall direction.
Ensure every decision made in the meeting has a clear owner and deadline. Regularly follow up on these decisions to maintain accountability.
Leading effective ELT meetings is just one part of the multifaceted role of a startup CEO. At Exordiom, we're committed to supporting CEOs navigate this complex journey with tailored strategies and a hands-on approach, ensuring your leadership drives your startup towards its ambitious growth goals.