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appropriately—undercommit and overdeliver. Credibility will be lost if expec- tations of a one- or two-year success are established or that success will be easy to achieve. This may be the most difficult process an executive team will ever need to execute; it will be met with resistance to change and will require consistency, tenacity, and visible alignment. Lesson #7—Monitor outside events and decisions that might contradict the initiative or dilute leadership’s credibility. Over the course of business, things happen. Decisions have to be made to adapt to the market, economy, and inter- nal factors. It requires courage to portray to management how certain decisions and actions will be interpreted by the rest of the organization. Being the leader of an initiative that some may not be ready for, while also being the voice or messenger regarding contradictions or potential credibility issues, creates a del- icate situation at times. Have courage, remind the organization of your role, and prove that it is in the best interest of the whole company and is not just being generated by self-interest. Lesson #8—Do not let politics get in the way. Ensure corporate functions are focused on what is best for the company, not on functional agendas, politics, or leadership egos. Such an initiative must include a strategic and proactive alignment of the corporate functions. It would be prudent to acknowledge and respect the internal pecking order and provide special attention to the internal opinion leaders. The creation of positive corporate results will speak for them- selves later in the change initiative. Work to be the example of selfless leader- ship in the best interest of the corporation. 100 BEST PRACTICES IN LEADERSHIP DEVELOPMENT AND ORGANIZATION CHANGE cart_14399_ch04.qxd 10/19/04 12:01 PM Page 100 EMMIS COMMUNICATIONS 101 Exhibit 4.1. The Eleven Commandments of Emmis Communications Admit your mistakes. Be flexible—keep an open mind. Be rational—look at all the options. Have fun—don’t take this too seriously. Never get smug. Don’t underprice yourself or your medium—don’t attack the industry, build it up. Believe in yourself—if you think you can make it happen, you will. Never jeopardize your integrity—we’ll win the right way or we won’t win at all. Be good to your people—get them into the game and give them a piece of the pie. Be passionate about what you do and compassionate about how you do it. Take care of your audiences and your advertisers—think of them and you’ll win. I. II. III. IV. V. VI. VII. VIII. IX. X. XI. cart_14399_ch04.qxd 10/19/04 12:01 PM Page 101 102 BEST PRACTICES IN LEADERSHIP DEVELOPMENT AND ORGANIZATION CHANGE • Corporate and Divisional Strategy Formulation • Balanced Scorecards - Customers - Employees - Investors - Organization • Entity and Market Scorecards • Department/Workgroup Goals and Objectives • Individual Goals and Objectives • Desired Emmis Culture • 11 Commandments • Leadership Brand • Organizational Messages, Events, and Symbolic Acts • Management and Individual Competency Models • Individual Behaviors Supporting systems, processes, and events: Special Projects Performance Mgmt. Internal Communications Technology Talent Review and Succession Planning Reward Systems Emmis Learning Staffing/Selection Standards and Processes Executive Coaching and Development Employee Surveys Annual Manager's Meeting Mission/Vision Firm Brand New "Era": 2–3 Year Focus <=> WHAT HOW Desired Results Exhibit 4.2. Dual-Path Results Model cart_14399_ch04.qxd 10/19/04 12:01 PM Page 102 EMMIS COMMUNICATIONS 103 Exhibit 4.3. Executive Session FAST Agenda R esults- Based Leadership FAST Workshop • Focusing and Aligning Strategies Together Business & Leadership Agenda • Strategic direction • Leadership roles • Decision-making process • Accountability • Measures INTRODUCTION NEW BUSINESS REALITIES Corporate strategy Business strategy Some organization disablers Can we change inside the window of opportunity? FAST NOTES & TAKE-AWAYS Role of leadership Leadership during transformation Desirable outcomes of the workshop Change agenda What Emmis is about New business realities Forces acting upon the company Norm’s inventory of paradoxes Leadership value proposition (Continued) cart_14399_ch04.qxd 10/19/04 12:01 PM Page 103 104 BEST PRACTICES IN LEADERSHIP DEVELOPMENT AND ORGANIZATION CHANGE Response to environment Corporate strategy How an allied model would impact bonus plan deployment Business strategy Accountability in an allied business The intellectual agenda Types of work Advantage capabilities Scorecard Attributes Balancing short- & long-term goals Leadership brand Enabling systems SCORECARDS Employee Organization NEXT STEPS Exhibit 4.3. Executive Session FAST Agenda (Continued) cart_14399_ch04.qxd 10/19/04 12:01 PM Page 104 EMMIS COMMUNICATIONS 105 Exhibit 4.4. Internal Communications Matrix Emmis Weekly Update Emmissary Two-page memo sent to all employees by e-mail every week; it is waiting for them when they arrive on Monday morning Two-color newsletter sent to all employees each quarter The Emmis Weekly Update is used to communicate to employees any information that will help them feel more connected to the company and informed about its operations. It is used for special massages from the CEO and other offi- cers, but also to communicate about company news, media coverage of the company, analysts’ views of the company and its industries, and employee benefit news. The Emmissary is used to communicate bigger-picture information about the company to employees. It uses longer stories than would be possible in the Weekly Update to deliver strategic messages to employ- ees, provide deeper informa- tion about employee benefits and company programs, high- light promotional activities of individual stations and publica- tions, applaud successes, and, through fun features, introduce employees to each other and to their leadership. Primary Communication Vehicles, Their Content and Objectives Vehicle Medium and Frequency Objective/Use (Continued) cart_14399_ch04.qxd 10/19/04 12:01 PM Page 105 106 BEST PRACTICES IN LEADERSHIP DEVELOPMENT AND ORGANIZATION CHANGE Exhibit 4.4. Internal Communications Matrix (Continued) CEO memos “Emmis Announcements” Division e-mails Companywide conference calls E-mails sent to all employees as needed E-mails sent to all employees as needed E-mails sent to all employees in a single division as needed Annual (or more frequently if needed) conference call and PowerPoint presentation CEO Jeff Smulyan occasion- ally likes to communicate directly with employees through informal e-mail mes- sages to inform them about major company initiatives, comment on company, indus- try, or national events, or just boost morale. Smulyan also often communicates directly to individuals, individual stations, or specific divisions. “Emmis Announcements” is the e-mail address for e-mails intended for all employees. “Emmis Announcements” is used only for important com- munications to employees about company news or bene- fit information. To inform employees of a spe- cific division about company news or initiatives For particularly important events or news, the company can host conference calls with all employees and provide them with PowerPoint presen- tations through the Web. Used only once so far, this was the vehicle for introducing employees to the Stock Com- pensation Program, which gave all employees a 10 per- cent cut in pay but at the same time gave all employees a 10 percent stock award. Primary Communication Vehicles, Their Content and Objectives Vehicle Medium and Frequency Objective/Use cart_14399_ch04.qxd 10/19/04 12:01 PM Page 106 EMMIS COMMUNICATIONS 107 Exhibit 4.4. (Continued) Primary Communication Vehicles, Their Content and Objectives Vehicle Medium and Frequency Objective/Use News releases Annual Report Quarterly confer- ence call with Wall Street News releases sent via e-mail as needed Company annual report Quarterly All major news releases, including quarterly financial reports, are e-mailed to all employees along with a short note from CEO Jeff Smulyan. Because virtually all employ- ees are shareholders, Emmis views its Annual Report to Shareholders as an employee communication as well as a report to shareholders. Because virtually all employ- ees are shareholders, Emmis views its quarterly calls with Wall Street analysts to also be a form of communication to employees and all stakehold- ers. Employees are specifically invited to listen to the conference calls. cart_14399_ch04.qxd 10/19/04 12:01 PM Page 107 Data Source: Where can we get the data Based on data from . . . • Nielsen (available electronically) • Magid • AR&D • Scarborough • Media Audit • Marshall • TV scan • Ad connections Views: How we would want to slice the data Viewable by . . . • Total review all day •News • Show • Syndicated • Network • Time of day •Age •Sex • Lifestyle • Behavior • Viewer habits • Consumer habits By key desired demographic of advertiser Frequency: When we need to monitor this data Reported . . . • Daily • Quarterly Two times a year Beginning in completion of schedule Formula: How we would calcu- late the measure Computes as . . . HUTS share Nielsen formula based on stations’ targets PUTS share Number with decided characteris- tic divided by total demographic Target demographic; GRPs over a speci- fied schedule Operational Definition: How we would define the measure clearly to stakeholders Tell us about . . . Percentage of viewers reached based on the universe of market Profile of viewers who watch programs Reach of commercial to targeted viewers or the number of target audi- ence reached Measure: Results, dimension, quantity or capacity of a business process output Our measures . . . Customer Ratings Qualitative demo- graphic research Demographic hit ratio—reach Exhibit 4.5. Balanced Scorecard Sample Television Scorecard cart_14399_ch04.qxd 10/19/04 12:01 PM Page 108 EMMIS COMMUNICATIONS 109 EMMIS ATTRIBUTE MODEL Attached is a draft of the Emmis Attribute model that has been developed based on our work with RBL and the input that you provided individually in your conversations with Jim Intagliata. To produce this model, Jim has streamlined the standard RBL attribute architecture from twenty-seven attributes down to a more manageable twelve. He has also worked to incorporate all of the Emmis Commandments and Rules for Managers into the pro- posed model so that it is clear that these values are not being forgotten or discarded as we work to build a more performance-oriented culture (you will see these items bolded and noted throughout the text where they fit). Finally, on the initial page of the attachment he has provided a matrix that indicates which roles the attributes apply to and the key reasons these attributes have been incorporated into the model. As you will see, the proposed model has these key design features: 1. There are eight core attributes that will be expected to be demonstrated by all Emmis employees at all levels, and an additional four attributes that will be expected to be demonstrated by individuals who directly manage other people (managers) and by individuals who manage entire divisions or functions (executives). 2. For each attribute that is in the Emmis model there is a separate set of behavioral indicators, depending on the role the individual is playing in the organization. For example, with regard to Innovation and Agility, what someone is expected to do to demonstrate this attribute varies depending upon whether they are in a position of an individual contributor, a manager, or an executive. The intent of this design is to highlight that the way in which people are expected to add value to the organi- zation changes over time as they grow and advance in their career. What We Need From You In order to refine and finalize this model we would greatly appreciate your input. Please take the time to read through the model and consider the following questions as you do: • Do you feel that any of the attributes included in the model are unnecessary and add no value? • Are there any important attributes that you feel are not represented at all in the model and need to be added? • As you read each attribute, do the differentiation and progression of expectation from individual contributor to manager to executive levels make sense to you? • Finally, as you review the wording of each competency, do you have any specific suggestions regarding how we might express the same idea but “Emmisize” the lan- guage more? We will be following up shortly to schedule a phone conversation in which we can gather your feedback. The deadline we are working to meet is to have the model finalized by _________ so that the Emmis Attribute model can be introduced as part of the Performance Management System roll-out. Exhibit 4.6. Competency Feedback cart_14399_ch04.qxd 10/19/04 12:01 PM Page 109 . selfless leader- ship in the best interest of the corporation. 100 BEST PRACTICES IN LEADERSHIP DEVELOPMENT AND ORGANIZATION CHANGE cart _143 99_ch04.qxd 10/19/04. Objective/Use (Continued) cart _143 99_ch04.qxd 10/19/04 12:01 PM Page 105 106 BEST PRACTICES IN LEADERSHIP DEVELOPMENT AND ORGANIZATION CHANGE Exhibit 4.4. Internal

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