• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia
Leadershipbusiness advice

Five ways to strengthen your company’s core

By
Verne Harnish
Verne Harnish
Down Arrow Button Icon
By
Verne Harnish
Verne Harnish
Down Arrow Button Icon
March 31, 2015, 3:30 PM ET
Illustration by Nathan Fariss; all photos via Getty Images

Draft Your Senior Team

Insist that your top leaders get actively involved in developing middle managers—and not just delegate the job to others. At Kemp Technologies, a Manhattan-based firm with $30 million in revenue in 2014, each of the six members of the executive team mentors a few up-and-coming managers for one hour a month. Cultivating this talent pipeline keeps Kemp attractive to potential acquirers. “What they tend to look at is the second layer of leadership,” says CEO Ray Downes.

Cross-Train

Hold your intermediate executives accountable for resolving all complaints from customers and addressing comments in the employee suggestion box. Ask them to untangle the problems on their own and come to you only if they are stuck. Not only is
this an effective way to get them working cross-functionally, but it will also relieve pressure on the senior team. You will be shocked by how many teachable moments
the process creates.

Increase Flexibility

The most important role for midlevel execs is coaching their groups. To excel at that, they need to learn to vary their style depending on the person or team—and the opportunity or challenge they face. Use Ken Blanchard and Paul Hersey’s situational-leadership theory to teach them the ropes.
Only when they know when to teach or lead—or do neither—will they get peak performance from frontline employees
and be ready to move up.

Keep Them in the Ring

To climb the ranks, middle managers need to learn how to discuss difficult issues productively with their colleagues instead of relying on their bosses to referee. Datacolor, a provider of software, instruments, and services to ensure accurate colors in materials, products, and images, encourages this through its written “rules of engagement.” It asks employees to talk things out in person or by phone—not email—and to assume that their colleagues harbor no ill will. “Ninety percent of issues raised to me in the past no longer come to me,” says Albert Busch, CEO.

Invest Early

Cultivate up-and-coming employees using all these techniques long before you need them as leaders so that you’ll
be ready to pounce on new opportunities. At Kemp, executives have identified about 20 high-potential employees on their 175-person staff. Kemp gives them special assignments that will help them grow. It also invests $500,000 annually in education and training. With the company in a high-growth phase, “it’s key for us to be able to focus on that deeper bench of leadership,” says Downes.

This story is from the April 1, 2015 issue of Fortune.

Watch more business news from Fortune:

About the Author
By Verne Harnish
See full bioRight Arrow Button Icon

Latest in Leadership

Elon Musk, wearing a black DOGE hat, looks forward. He is standing in the Oval Office.
PoliticsDOGE
DOGE isn’t dead—it’s been absorbed into the bloodstream of the government, federal employees say
By Sasha RogelbergDecember 12, 2025
15 minutes ago
Former Meta COO Sheryl Sandberg
SuccessWomen
Sheryl Sandberg breaks down why it’s a troubling time for women in the workplace right now
By Emma BurleighDecember 12, 2025
2 hours ago
NewslettersCEO Daily
Honest Company CEO Carla Vernón on being mentored by Walmart’s Doug McMillon
By Diane BradyDecember 12, 2025
4 hours ago
Five panelists seated; two women and five men.
AIBrainstorm AI
The race to deploy an AI workforce faces one important trust gap: What happens when an agent goes rogue?
By Amanda GerutDecember 11, 2025
14 hours ago
InnovationBrainstorm AI
Backflips are easy, stairs are hard: Robots still struggle with simple human movements, experts say
By Nicholas GordonDecember 11, 2025
15 hours ago
Late Apple cofounder Steve Jobs
SuccessCareers
Apple’s Steve Jobs told students to never ‘settle’ in their careers: ‘If you haven’t found it yet, keep looking’
By Emma BurleighDecember 11, 2025
21 hours ago

Most Popular

placeholder alt text
Success
At 18, doctors gave him three hours to live. He played video games from his hospital bed—and now, he’s built a $10 million-a-year video game studio
By Preston ForeDecember 10, 2025
2 days ago
placeholder alt text
Investing
Baby boomers have now 'gobbled up' nearly one-third of America's wealth share, and they're leaving Gen Z and millennials behind
By Sasha RogelbergDecember 8, 2025
4 days ago
placeholder alt text
Success
Palantir cofounder calls elite college undergrads a ‘loser generation’ as data reveals rise in students seeking support for disabilities, like ADHD
By Preston ForeDecember 11, 2025
21 hours ago
placeholder alt text
Economy
‘We have not seen this rosy picture’: ADP’s chief economist warns the real economy is pretty different from Wall Street’s bullish outlook
By Eleanor PringleDecember 11, 2025
1 day ago
placeholder alt text
Uncategorized
Transforming customer support through intelligent AI operations
By Lauren ChomiukNovember 26, 2025
16 days ago
placeholder alt text
Economy
‘Be careful what you wish for’: Top economist warns any additional interest rate cuts after today would signal the economy is slipping into danger
By Eva RoytburgDecember 10, 2025
2 days ago
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • Future 50
  • World’s Most Admired Companies
  • See All Rankings
Sections
  • Finance
  • Leadership
  • Success
  • Tech
  • Asia
  • Europe
  • Environment
  • Fortune Crypto
  • Health
  • Retail
  • Lifestyle
  • Politics
  • Newsletters
  • Magazine
  • Features
  • Commentary
  • Mpw
  • CEO Initiative
  • Conferences
  • Personal Finance
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
About Us
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Fortune
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map

© 2025 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.