Executive teams play 2 critical roles in an organization.

1. They provide strategic and operational leadership to the company. They set goals, develop strategy, and ensure the strategy is executed effectively.

2. The executive team provides the organizational and cultural DNA for the company. How well the executive team functions as a collective leadership body and how its members interact serves as the model that teams throughout the company will follow.

Executive Team Effectiveness

The second role of the executive team, though, gets less press. Because it receives relatively little attention, team effectiveness can be the basis of a significant competitive advantage for companies….