This is Part 2 of a 3-part series into What Makes a Great Board of Directors Who Lead From Their Heart. Today we look at TWO QUESTIONS that a great board of directors would consider when setting the annual bonus and designing executive compensation schemes so that it drives the right behaviour and has a positive impact on safe & healthy outcomes in their business.
In his 12 years as CEO and Chair at Alcoa, Paul O’Neill increased annual net income by five times, its market capitalisation by $27 billion and led to the company becoming one of the best performing stocks on the Dow Jones Index – he attributes all the success to a focus on workplace health & safety and I’m going to share with you how he did it.
This week I’m using Stephen Covey’s strategy ‘Think Win/Win’, to show you how you can have greater influence over others without relying on your job title or your role in the organisation.
Today we’re going to walk through how Executives should act and behave Before, During and After conducting Executive safety walks. We’re also going to look back at the safety walks conducted by BP and Transocean VIPs only seven hours before the Deepwater Horizon oil rig blowout in 2010 that killed 11 workers, so that you can learn from their mistakes. If you’re not conducting safety walks, or just want a bit more guidance and assurance on your approach, today’s post is for you.
As a CEO, do you ever feel overwhelmed with the lack of clarity around your role in leading safe & healthy work? Or do you think that as long as you continue to say ‘safety first’ that the message will sooner or later get through? Well then this post is for you. I’m going to walk you through my framework for coaching CEOs and MDs on leading safe & healthy work. As a bonus, be sure to download the FREE COPY of my Blueprint for CEOs on Leading Safe & Healthy Work.