Leading for our future 05 may2015-njodlc-asd

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Leading for Our Future People, Profit, Planet - and Purpose... A Real World Perspective May 5, 2016 Annual Sharing Day Jeana Wirtenberg, Ph.D. CEO Transitioning to Green Linda Morris Kelley Principal, Transitioning to Green Robert Coleman Senior Manager, Office of Sustainable Development & Product Stewardship at Church & Dwight Co., Inc. Lauren Cranmer, Corporate Sustainability Manager with Becton Dickinson (BD)

Transcript of Leading for our future 05 may2015-njodlc-asd

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Leading for Our FuturePeople, Profit, Planet - and Purpose...

A Real World Perspective

May 5, 2016Annual Sharing Day

Jeana Wirtenberg, Ph.D. CEO Transitioning to Green

Linda Morris KelleyPrincipal, Transitioning to Green

Robert Coleman Senior Manager, Office of Sustainable Development & ProductStewardship at Church & Dwight Co., Inc.

Lauren Cranmer, Corporate Sustainability Manager with Becton Dickinson (BD)

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WelcomeBriefly introduce yourself at your table

• Your Name

• Your Affiliation

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Leading for Our FuturePeople, Profit, Planet - and Purpose...

A Real World Perspective

Benefits and challenges

Producing profit within the resource boundaries

Leadership purpose, mindfulness, reflection and presence

Experiential learning via GlobStrat Strategic Business Simulation

Corporate leaders’ experiences

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Leading for Our FutureA Leader’s Perspective on Working Sustainably

People, Profit, Planet

Sustainable• PLANET: We live and make our living

within the means of Earth’s natural resources, replenishing what we use

• PROFIT: We use resources efficiently and responsibly to create an economy that serves the greater good and businesses that consistently produce profits with high-value goods and services

• PEOPLE: We, individually and collectively, achieve prosperity and fulfillment by responsibly and inclusively creating real benefits for ourselves, our societies and our world

Unsustainable

• PLANET: We continually waste and deplete Earth’s natural resources

• PROFIT: We squander our resources—both material and human—extracting but not regenerating capacity and value, and concentrate rewards at the top

• PEOPLE: We institutionalize practices that perpetuate inequality in compensation, well-being, and access to opportunities, thereby limiting our future creation of value

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Leading for Our Future: A Leader’s ChallengeTransition to Working Sustainably

SustainableUnsustainable

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PROFIT

PEOPLE PLANET

PROFIT

PEOPLE

PLANETLeadership

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Essential Elements of a Culture for Sustainability

• Sustainable Values

• Sustainable Mind-Set

• Leadership for sustainability

• Visionary

• Employee engagement

• Multi-disciplinary

• Diversity, inclusion, social justice

• Wisdom

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Essential Elements of a Culture for Sustainability

• Sustainable Values; sees organization in context of community, society, and earth

• Sustainable Mind-Set; systems thinking

• Leadership for sustainability; leads with purpose and authenticity

• Visionary: Envisions the future we want to create

• Employee engagement; builds agility and resiliency; engages imagination; fun

• Multi-disciplinary; Embeds sustainability throughout learning and development

• Diversity, inclusion, social justice; deep caring for all people

• Wisdom: emotional, social, and ecological intelligence

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Leading for Our FuturePeople, Profit, Planet - and Purpose...

A Real World, Sustainability Perspective

Systemsthinking

Intergenerational responsibility

Socio-economicjustice

Enough … … for all … … forever.

Ecological Intelligence

Economic Intelligence

Emotional Intelligence+ +

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Context: Sustainable Business = Profitable BusinessProduce profit within the resource boundaries of a

sustaining planet

• Optimizing overall value for the business

• Reducing risk exposure

• Reducing waste, energy use, and expenses simultaneously

• Unleashing employees for engaged productivity

• Increasing sustainable competitiveness and profitability

• Elevating your reputation

Sustainability supports your company’s business by:

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Leaders Drive Change for a Sustainable FutureThere is a new reality emerging in which sustainability is not only a key

concern but also a pivotal driver that is essential to your company’s future.

Sustainability Leaders:

• Envision a compelling future

• Architect bridges to transition company business sustainably

• Embody a supportive company culture

• Build relationships that achieve goals

• Inspire and engage key stakeholders

• Anticipate sustainability opportunities

Leadership purpose, mindfulness, reflection and presence are critical to succeeding sustainably

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Experiential Learning Games Speed and Deepen Leadership Capabilities

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GlobStrat Triple Bottom Line Strategic Business Simulation

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Simulation ExerciseA Scenario

1. What you know about your new company:a. Successfully produces a basic computer tabletb. Sells primarily in company’s domestic market c. interested in being more sustainabled. Innovative competition is forcing reassessment of

business model e. (Read A Scenario handout)

2. Table discussion: Where will you start? How will you start? And

why?

3. Tables report out to group

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You have just been hired by GlobStrat Technologies as a new Vice President.

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Sustainability-Based Leadership Culture Drives Business Success

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Sustainability: Strategic Business ImperativeA Leadership Perspective

• Sustainability and operational excellence– People

• Diversity and inclusion• Learning and fulfilment• Appreciation and engagement

– Technologies and materials• Low environmental impact• High beneficial impact

– Value chain• Responsible management• Raising the bar

• Sustainability and market excellence– Continuing profitability– Industry leadership

• Sustainability and the creation of value– Talent acquisition and retention– Stock and share value– Contributions to well-being and prosperity

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Interacting FunctionsSales, Marketing, Finance, Production, R & D and HR

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Develop Your Business Model

Volume-Cost Domination Differentiation

Quality & ISO certifications

Service Coverage

Differentiate from competitors

Create real value

Build actual, sustainable competitive advantage

Source: Michael Porter

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Team by Team Triple-Bottom-Line Results

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QUESTIONS?

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The experiences of two corporate leaders who brought what they learned about leadership for

sustainability into their companies

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Bob Coleman Lauren Cranmer

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A Perspective on Leadership

For Building a Sustainable Enterprise

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1. What is a Sustainable Enterprise?

2. Is Sustainability a Strategic Business Imperative?

3. What are its Key Elements?

4. WHAT IS LEADERSHIP’S ROLE?

Some Key Questions

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Leadership’s Role

• You must first understand your business, and the risks, opportunities and value to all stakeholders

• Act on the opportunities; quantify the risks and value; convert risks to opportunities

• Communicate risks, opportunities and value to all stakeholders

• Continually assess and realign plans

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Program Learnings

• Integrating TBL is part mindset and part investment, but the return can be significant

• Spending on sustainability can help deliver top and bottom line benefits

• Build your sustainability plan upfront to establish the fit and foundation--TBL is not a fast follow

• You need to balance informed decision-making with risk-taking

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QUESTIONS?

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Envision the Future

• Changing world• Systems Thinking• Trends• Globalization• Economy• Regulatory• Technology• Customer needs

• Business model changes• Developing capability to lead change

• Kotter 8 step framework

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Leadership in a changing time…• Leadership Behaviors• Communication

• IQ/EQ• Listening• Inspiring – talk their language• Healthy debate/problem solving• Enabling others to act• Leadership is the act of getting someone else to do something

you want done because he wants to do it

• Millennials• Social Networking

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You don’t need a title to be a leader

• Passion/Hard work• Build Understanding &• Relationships• Metrics and data • GlobStrat –

• Viewpoints of all major corporate functions (WIIFM: sales, mktg, R&D, Ops, HR, Finance)

• When and how does it make sense to invest in sustainability/CSR

• Tools to help quantify lifecycle benefits?

Without data you’re just another person with an opinion

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What are your CEOs saying?

• We believe the long-term success of Whirlpool is tied in part to the health and well-being of society in general

– Jeff Fettig, CEO of Whirlpool

• …Public companies can move the collective needle by using their human and financial resources to innovate in ways that benefit both private interests and the public good

– Ronald Williams, CEO of Aetna

• In the next decade, the most successful companies will be those that integrate sustainability into their core businesses

– Jim Owens, CEO Caterpillar

• It takes 20 years to build a reputation and five minutes to ruin it– Warren Buffet

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QUESTIONS?

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Company Conundrums in Addressing Sustainability-Related Challenges

People-Related ChallengesChanging Mind-Sets and Behavior

Filling the Pipeline from STEM Disciplines

Overwhelming Workloads and Competing Priorities

HR and OD Need to Seize this Opportunity

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Promote Well-Being by Cultivating Sustainability-Inspired Habits and Practices

• Silent Reflection

• Mindfulness

• Listening generously

• Both-And

• Being, Satisfaction

• Caring, Compassion, and Service

• Gratitude

• Collaboration

• Balance

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Three Big Tipping Points

• Co-Creation

• Bottom-Up

• Long View

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Your thoughts?

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Thank you!

[email protected]

Jeana Wirtenberg, Ph.D. CEO Transitioning to [email protected]

Robert Coleman Senior Manager, Office of Sustainable Development & ProductStewardship at Church & Dwight Co., [email protected]

Lauren Cranmer, Corporate Sustainability Manager with Becton Dickinson (BD)[email protected]