Stepping up a level

Making the move to executive leadership

There is a real boundary between senior management and the executive team, and it is not scale. It is accountability for outcomes you cannot personally produce.

Where the boundary actually falls

Below it, you are accountable for a function performing. Above it, you are accountable for the company's result, of which your function is one input among several. Executives who never make that shift stay excellent functional leaders with a seat at the table, and everyone in the room can tell — because they argue for their function when the question was about the business.

What the executive team is actually for

  • Allocating scarce things: money, people, attention, and the right to say no.
  • Holding a small number of decisions that cannot be delegated, and delegating everything else visibly.
  • Being a single position in front of the organisation, even where the room disagreed on the way there.

The three adjustments

Speak about the company

Bring your function's facts, argue the company's case. The person who does this consistently is trusted with more than their function.

Get comfortable with less information

Decisions arrive earlier and with worse data. Waiting for certainty reads as hesitancy at this level, where it read as rigour one level down.

Manage upwards and outwards

The board, the founder, the investors, the peers. A large share of executive effectiveness is relationships outside the reporting line.

Below the line you are asked whether your function is working. Above it you are asked whether the company is, and your function is one of the answers.

The first-time executive's most common error

Continuing to run the function personally while attending the executive team as a guest. It shows up as a diary full of functional meetings and an inability to answer questions about anything else — and it is usually the reason a first executive role does not become a second one.

What this does not require

It does not require having done the role before. Most first-time executives were hired on evidence of judgement rather than a matching title, which is worth remembering when a specification asks for experience you do not yet have.

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