Driving Higher Performance: Leadership and Development Tools to Positively Impact Your People

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Transcript of Driving Higher Performance: Leadership and Development Tools to Positively Impact Your People

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Driving Higher Performance: Leadership and Development Tools

to Positively Impact Your People

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Speaker: Tatiana Sehring Director of Corporate and Strategic Relationships American Public University

Driving Higher Performance: Leadership and Development Tools

to Positively Impact Your People

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Ta$ana  Sehring      Director  of  Corporate  and  Strategic  Rela$onships  American  Public  University  

Driving Higher Performance: Leadership and Development Tools

to Positively Impact Your People

Leadership and Development Tools to Positively Impact Your

People and Bottom Line

AMERICAN PUBLIC UNIVERSITY | WWW.GREATLEADERSINSPIRE.COM.

By Tatiana Sehring June 2015

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v  Introduction v  Learning Outcomes

v Main Concepts for Driving Performance

v  Supporting Data and Top Considerations

v  Intrinsic Motivators v  Successful Applications and ROI v  How APU Can Help

v  Questions & Wrap Up

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Tatiana  Sehring,    Director,  Corporate  &  Strategic  Relationships  at  American  Public  University    Proud  Editor  to  GreatLeadersInspire.com  

Over  10  years  of  experience  in  corporate  and  strategic  partnerships  for  leadership,  talent,  and  professional  development  across  a  variety  of  industries.    Her  passion  is  to  inspire  leadership  development,  lifelong  learning,  and  meaningful  individual  and  organiza6on  career  transforma6on,  so  they  can  both  develop  to  their  highest  poten6al  and  performance.      Ta6ana  has  been  featured  as  a  thought-­‐leader  in  these  subjects  and  her  work  has  been  showcased  in  Human  Capital  Media,  Enterprise  Learning,  Chief  Learning  Officer,  HR.com,  Training,  among  others.    She  is  also  currently  serving  as  a  Board  Member    for  the  Northern  Virginia  Conscious  Capitalism  Chapter.      

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•  Top  talent  and  development  considera6ons  for  organiza6ons    seeking    to  improve  organiza6onal  performance  today    

 •  Effec6ve  organiza6onal  development  that  integrates  technical,  

essen6al  business  skills/  EQ,  and  current  frameworks  that  mo6vate  people  to  perform  beVer    

•  Learn  examples  of  organiza6ons  and  the  tools  they  have  successfully  incorporated  into  their  cultures  and    ways  to  integrate  these  prac6ces  across  various  stages  of  the  professional  lifecycle.  

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87%  of  worldwide  employees  are  ac6vely  disengaged  or  not  engaged  

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Great  Leadership  Vision    Culture    

 Provide  the  Right  Tools  for  Development,  Leadership,  &  

Engagement            

Empower  Believe  Care    Inspire  Mo6vate  

 Higher  Individual  Mo6va6on  and  Performance    

Impacts  Organiza6onal  BoVom  Line      

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Learning  and  Professional  Development  have  a  significant  impact  on  employee  performance  and  organiza6onal  growth:    

Source:  Human  Capital  Advisory  Group  and  sponsored  by  Saba  Soaware,  Inc.  

•  81%  Employee  Produc6vity  •  77%  Employee  Engagement  •  77%  Leadership  Development  •  65%  Employee  Reten6on  

•  59%  Risk  Mi6ga6on  •  48%  Organiza6onal  Agility  •  48%  Revenue  Genera6on  •  30%  Marke6ng  Share  

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Inves6ng  in  Your  Workforce    Posi6vely  Impacts  Your  BoVom  line:    

Sources:  *  Gartner:  Reach  Peak  Performance  Through  Employment,  **Gallup  Poll  2012,  ***Berson  &  Associates  Predic6ons  for  2012      

•  52%  Improvements  in  Opera6ng  Income  *  •  3.9%  Higher  Earnings  per  Share  **  •  17  %  More  Likely  to  Have  Greater  Market  Share  ***    

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Strong  Link  Between    Leadership  Skills,  EQ  and  BoVom  Line      •  Companies  with  high  scores  for  their  investments  in  human  

capital  delivered  stock  market  returns  that  were  5x  higher    

•  Organiza6ons    are  13x  more  likely  to  outperform  their  compe66on  

•  31%  gap  in  leadership  development  effec6veness  between  organiza6ons  where  Emo6onal  Intelligence  is  valued  

Sources;  Report  by  CCL  “Driving  Performance:  Why  Leadership  Development  MaVers  in  Difficult  Times.    Great  Leadership;  Emo6onal  Intelligence:  The  Keys  to  Driving  ROI  and  Organiza6onal  Performance  by  Human  Capital  Ins6tute  and  MHS  (2013)    

   

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Gaps  in  Leadership  Development,  Cri6cal  and  Soa  Skills    • Focus  on  developing  technical  competencies.              IQ  /technical  skills  predict  only  20-­‐25%  of  job  success.*      • Gaps  in  leadership  development  as  well  as  soa  skills.    Higher  Performance  Employees    score  highest  in  4  of  6  EQ  Skills  (Achievement  Drive,  Influence,  IniKaKve,  Self-­‐Confidence)  only  2  of  6  IQ  Skills  (Conceptual  Thinking/  AnalyKcal  Ability)    -­‐  66%    • Therefore,  investment  in  technical  competencies  as  well  as  leadership  and  soa  skills  impacts  your  success  -­‐  90%  predic6on)  

• Roughly  10%  remains  …  Sources:  *  Daniel  Goleman,  Emo6onal  Intelligence    

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 • People  do  their  best  work  when  they  have  a  deeper  sense  of  purpose.    Daniel  Goleman,  Ph.D.    • Aligning  passion,  purpose,  and  value  with  culture  and  strategy  drives  higher  performance.  

• Compassion  in  the  organiza6on  significantly  differen6ates  the  top  quar6le  of  managers  from  the  boVom  quar6le    

   Gallup’s  State  of  the  Global  Workplace:  Employee  Engagement  for  Business  Leaders  Worldwide  Report  (2013)  Source:  hVp://www.gallup.com/strategicconsul6ng/164735/state-­‐global-­‐workplace.aspx  hVps://www.cu.edu/ar6cles/upload/ExecWorkingEI.pdf  and  also  referenced  in  the  Search  Inside  Yourself  Program.  Kouzes  and  Barry,  “Encouraging  the  Heart;  A  Leader’s  Guide  to  Recognizing  and  Rewarding  Others  

   

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Conscious  Capitalism  Alignment  of  Higher  Purpose,  Conscious  Culture,  Conscious  Leadership  and  Stakeholder  Orienta6on    Mindfulness  Leadership  • “Medita6on  to  Boost  Morale,  Performance  and  Crea6vity  in  Business”  • “Mindfulness:  The  Trend  that  May  Shape  your  Life  (and  the  World)  in  2014”  

Authen6c  Leadership    • “What  is  Authen6c  Leadership”  • Holacracy  –  Everyone  Becomes  Leaders    hAp://www.huffingtonpost.com/norman-­‐e-­‐rosenthal/medita$on-­‐to-­‐boost-­‐morale-­‐performance-­‐and-­‐crea$vity-­‐in-­‐business_b_4617666.html      

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   Search  Inside  Yourself  integrates  EI  with  mindfulness  prac6ce,  science  based  and  leadership  applica6ons.  •  Mindfulness  is  associated  with  beVer  task  

performance  and  fewer  cogni6ve  failures    •  Help  build  compassion,  crea6ng  an  inspired  

workplace.    •  hVp://www.siyli.org/            Leadership  development  had  a  significant  impact    on  the  boVom  line:      •  $8.8  billion  in  Cumula6ve  Cost  Savings  •  The  Elimina6on  of  Debt  •  Record  Produc6vity  and  Customer-­‐Sa6sfac6on  

Ra6ngs  

Zappos  CEO  Tony  Hsieh  and  author  of  “Delivering  Happiness:  A  Path  to  Profits,  Passion  and  Purpose”    Combining  principles  of  happiness  “Pleasure,  Passion,  Purpose”  which  lead  to  profits  

L'Oreal  has  successfully  started  to  factor  EI  in  their  hiring  process  for  salespeople:    •  Those  who  were  recruited  for  their  high  EQ  

outsold  their  peers  for  a  net  increase  of  over    $2  million  dollars.  

•  The  high-­‐EQ  employees  had  63%  less  turnover    

Successful Corporate Applications

Higher EQ – Higher Outcomes

US Air Force Study Using Emotional Intelligence Indicators to Predict Successful vs. Unsuccessful Recruits

Return on Investment 92% increase in retention rate $2.7 Million in training costs saved in first year after  Source:  Graph  adapted  from  MHS  Report,  Emo$onal  Intelligence  &  Return  on  Investment  ,  Gourville,  2000;  Handley,  1997.  

 Higher  EI  translates  into  beVer  performance  

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•  Apply  EI  at  the  interview  stage    

•  Invest  in  Your  People  

•  Training  Focus  should  incorporate  combina6on  technical,  EQ  soa  skills,  leadership  development  as  a  cri6cal  part  of  individual’s  contribu6on  to  organiza6onal  success  

 •  Dedicate  resources  to    talent  development  to  explore  and  

apply  emerging  tools  such  as  Conscious  Capitalism,  Mindfulness,  Authen6c  Leadership  Development    

•  Understand  what  mo6vates  your  people,  aligning  with  culture,  strategy  and  development  

•   Encourage  leadership  and  exchange  of  ideas  across  all  levels  of  your  organiza6on.    

   Source:  Graph  adapted  from  MHS  Report,  Emo6onal  Intelligence  &  Return  on  Investment  ,  Gourville,  2000;  Handley,  1997.  

   

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• Leadership  Development  and  Employee  engagement  are  cri6cal  for  streamlining  performance      • Align  leadership  strengths,  skills  &  interests  with  organiza6onal  strategies  with  clear  objec6ves  and  outcomes.    

• Adopt  flexible  progression  career  paths.  • Tap  into  knowledge  from  all  levels.      

• Empower  every  employee.  

• Tie  in  with  strategic  HR  planning  and  training  for  individual  and  organiza6onal  success.      • Iden6fy  leadership  talent  and  high-­‐poten6al’s  visibility.  

• Reinforce  corporate  culture  of  leadership  development.    

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Invest  on  Employee  Development    (Technical,  Leadership,  EQ  Skills)    

                               Explore  the  Applica6on  of  Emerging    Prac6ces        Inspire,  Empower,  and  Intrinsically  Mo6vate  People  Lead  with  Confidence,  Compassion  and  A  Posi6ve  Autude      

Higher    Revenue,  Employee  Performance,  and  Individual  Happiness    

   

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•  We  offer  190+  online  degree  and  cer6ficates  programs  that  cover  your  Technical  and  Leadership  

 •  Applica6on  of  Emerging    Prac6ces  Through  our  

Curriculum      

•  We  have  created  the  Inspire  Thought  Leadership    Series  to  Help  you    Empower,  and  Intrinsically  Mo6vate  People  

•  We  are  commiVed  to  providing  quality  educa6on  and  tools  as  well  as  maximize  your  tui6on  expenses.  

•  Ask  us  how…    

 

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Books:    • Conscious  Capitalism  by  John  Mackey  and  Raj  Sisodia    • Search  Inside  Yourself  by  Search  Inside  Yourself:  The  Unexpected  Path  to  Achieving  Success,  Happiness  (and  World  Peace)  by  Chade-­‐Meng  Tan    • Firms  of  Endearment:  How  World-­‐Class  Companies  Profit  from  Passion  and  Purpose,  2nd  Edi6on,  by  Rajendra  S.  Sisodia    • Delivering  Happiness:  A  Path  to  Profits,  Passion,  and  Purpose  by  Toni  Hsieh      • Blogs:    • Inspire:  Thought  Leadership  Series  to  Inspire  Individual  and  Workplace  Transforma6on  hVp://greatleadersinspire.com/      

   

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•  Recognize  that  everything  is  connected  

•  From  Culture,  to  Strategy,  Development,  and  Engagement  

•  Understand    and  Act  on  what  mo6vates  your  employees  

•  Invest  in  Your  People,  Care  and  Empower  Them  

•  Integra6on  of  EI  into  Vision,  Culture,  and  Strategy  

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