Leading the Workforce of The Future...Culture 1. MISSION: What you are doing to achieve your Vision,...

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David Spader Founder, All-Win Leadership™ Solutions Leading the Workforce of The Future 1

Transcript of Leading the Workforce of The Future...Culture 1. MISSION: What you are doing to achieve your Vision,...

Page 1: Leading the Workforce of The Future...Culture 1. MISSION: What you are doing to achieve your Vision, your current purpose and “what business you are in.” 2. VISION: Why you are

David Spader

Founder, All-Win Leadership™ Solutions

Leading the Workforce of The Future

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Page 2: Leading the Workforce of The Future...Culture 1. MISSION: What you are doing to achieve your Vision, your current purpose and “what business you are in.” 2. VISION: Why you are

"Only three things happen naturally in organizations:

friction, confusion and underperformance. Everything

else requires leadership.” - Peter Drucker

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§  In 75% of cases, organizational climate alone sorted companies into high vs. low profit & growth*

*Source: Primal Leadership, Harvard Business

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§ 50-70% of climate is related directly to the actions of the leader*

*Source: Primal Leadership, Harvard Business Review Press

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§ 50-70% of climate is related directly to the actions of the leader* § Organizational climate accounts for 20-30% of business

performance*

*Source: Primal Leadership, Harvard Business

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§  How much more productivity do you think you could get from your people with GREAT leadership and management?

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§ 26% more revenue per employee

§ 40% lower turnover

§ 24% less likely to have layoffs in recession

§  Research by Bersin & Associates

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10+ years of Succession Planning

85% still in business 15 years later

2-10 years 50% still in business 15 years later

2 years or less 25% still in business 15 years later

*Source: Family Business Institute

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1.  Problems with interpersonal relationships (68%) 2.  Failure to meet business objectives 3.  Failure to build and lead a team 4.  Inability to change or ADAPT during a transition

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*Source: Academy of Management Executive

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Finding #1. In general leaders become less effective with age

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Overall Leadership Effectiveness by AgeAge Mean

PercentileNumber Participants

25 - 35 61.53 9,57736 - 40 51.76 8,18641 - 45 49.73 9,64646 - 50 48.30 8,90051 - 55 48.09 7,40056 - 60 47.39 4,97461 and over

47.01 2,725

Overall Leadership Effectiveness by AgeAge Mean

PercentileNumber Participants

25 - 35 61.53 9,57736 - 40 51.76 8,18641 - 45 49.73 9,64646 - 50 48.30 8,90051 - 55 48.09 7,40056 - 60 47.39 4,97461 and over

47.01 2,725

Overall Leadership Effectiveness by AgeAge Effectiveness Percentile Number

Participants

25 - 35 61.53 9,577

36 - 40 51.76 8,186

41 - 45 49.73 9,646

46 - 50 48.30 8,900

51 - 55 48.09 7,400

56 - 60 47.39 4,974

61 and over

47.01 2,725

*Research by Zenger Folkman

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Adaptability

Over an 11 year period, adaptive cultures outperformed non-adaptive ones on:

§  Revenue:

§  Net Income:

§  Workforce Growth:

§  Stock Growth:

682% versus 166% 756% versus 1% 282% versus 36% 901% versus 74%

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Finding #2:

§  Less than 10% of leaders report having a personal development plan

Finding #3:

§  Very few organizations conduct follow-up assessments to 360s to track progress

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Source: How the Mighty Fall, by Jim Collins

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Is this circumstance favorable or unfavorable?

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Our research with over 500 managers:

§  72% of leaders OVER-MANAGE favorable situations

§  57% of leaders UNDER-MANAGE unfavorable situations

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Culture

1.   MISSION: What you are doing to achieve your Vision, your current purpose and “what business you are in.”

2.   VISION: Why you are in business, beyond making money.

3.   VALUES: The heart and soul of an operation. They state to employees, customers, vendors and stockholders how the company will conduct its daily business and guide decision making.

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§ Outperformed competitors 4:1 § Outperformed the general market 6.9:1

§  Companies with a culture of discipline outperformed!

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*Source: “Aligning Actions and Values”, Jim Collins, Leader to Leader, No.1, Summer 1996.

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6 Months 12 Months

18-24 Months

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Success Focus: What is one thing I can do to strengthen my business’ performance culture?

Satisfaction Focus: What is one thing I can do to improve the enjoyment/commitment of those working in my business?

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1.  Culture Fit

2.  Satisfaction/Motivation Fit

3.  Performance Fit

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“Managers have 2 choices

Hire winners or develop them.” Ken Blanchard

1st Place

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"No company can consistently grow revenues faster than its ability to get enough of the right people to implement that growth and still become a great company.

If a company consistently grows revenue faster than its ability to get enough of the right people to implement that growth, it will not simply stagnate; it will fall.” – Jim Collins

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Critical/Very High Importance Decision-Making P PAchievement P PProcess Management √ √Versatility √ PEconomic Interest √ P

High Importance Job Specific Knowledge P √Communication P √Integrator/Conventionalist Values P PRoutines Interest ─ ─

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1.  I’d bet my life on it

2.  I’d bet my job on it

3.  I’m not betting

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Success Focus: What is one action I can take to improve the performance of my people?

Satisfaction Focus: What is one action I can take to improve the satisfaction/passion of my people?

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Are your people causing process issues?

OR

Are your processes causing people issues?

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Success Focus: Which process is the one most negatively impacting your results now?

Satisfaction Focus: Which process is the one most negatively impacting the satisfaction of people in your business now?

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§  3-D Strategic Development Process

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§  Internal Focus §  Strengths §  Weaknesses

§  External Focus §  Opportunities §  Threats

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Should we focus on Stability or Growth this year?

(Ask by Department/Function)

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Success Focus: Do we have a clear strategic direction?

Satisfaction Focus: Is our staff enthusiastic AND committed to the strategic direction of our business?

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SolutionsGrowth-Oriented versus Stability-Oriented (Primary Focus)

Growth Oriented §  Externally-driven §  “Harder” side §  Task focused

Stability Oriented §  Internally-driven §  “Softer” side §  People focused

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SolutionsShorter-Range versus Longer-Range Focus

Shorter-Range Focus §  Faster to change §  Specific and shorter-

range development

Longer-Range Focus §  Slower to change §  Global and longer-

range development

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1. Utilize “THE Question” every time you make a decision

2. Clarify your CULTURE

3. Ensure clear WORK DIRECTION for your employees

4. Seek feedback on your effectiveness in the areas of Culture, People, Process & Strategy

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“The effective leader’s greatest contribution is to the growth of the organization, while the effective manager’s most essential contribution is to its survival and stability.” 

§  Dr. Michael, Stepping Stones to Success

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