London Business School Alumni - Transforming Next Gen Leaders on 7 October 2014
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Transcript of London Business School Alumni - Transforming Next Gen Leaders on 7 October 2014
Copyright @2014 Centre for Executive Education Pte Ltd (Strategic Partner of Executive Development Associates Inc.)
www.cee-global.com
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Prof Sattar Bawany CEO, Centre for Executive Education (CEE Global) C-Suite Master Executive Coach, EDA Asia Pacific
Tuesday, 7 October 2014 Eden Hall (Residence), Singapore
TRANSFORMING THE NEXT
GENERATION OF LEADERS
Copyright @2014 Centre for Executive Education Pte Ltd (Strategic Partner of Executive Development Associates Inc.)
www.cee-global.com
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Every morning in Asia, a tiger wakes up. It knows it must outrun the slowest deer or it will starve to death.
Every morning in Asia, a deer wakes up. It knows it must run faster than the fastest tiger or it will be killed.
It doesn’t matter whether you are a tiger or a deer; when the sun comes up, you’d better be running…..
Are You a Tiger or a Deer?
Copyright @2014 Centre for Executive Education Pte Ltd (Strategic Partner of Executive Development Associates Inc.)
www.cee-global.com
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Agenda
• Business Case for Succession Planning
• High Potentials vs. High Performers
• EDA Research on Leadership Development Trends
• Competencies of Next Generation Leaders
• CEE Framework on Developing Leadership Pipeline
• Dialogue Session
Copyright @2014 Centre for Executive Education Pte Ltd (Strategic Partner of Executive Development Associates Inc.)
www.cee-global.com
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About Centre for
Executive Education
(CEE Global)
Executive Education
Leadership & High Potential Development
Executive Coaching
Succession Planning
Executive Assessment
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CEE is also the Strategic Partner of Executive Development Associates (EDA), a global leader in executive development & coaching since 1982.
Copyright @2014 Centre for Executive Education Pte Ltd (Strategic Partner of Executive Development Associates Inc.)
www.cee-global.com
• CEO of Centre for Executive Education (CEE Global)
• C-Suite Master Executive Coach, EDA Asia Pacific
• Adjunct Faculty of Harvard Business School Corporate Learning
• Adjunct Faculty of Duke Corporate Education (CE)
• Adjunct Professor teaching international business and human resource courses with Paris Graduate School of Management
• Over 25 years’ in executive coaching, group facilitation, executive education and senior leadership development and training
• Assumed senior global and regional leadership roles with DBM (Drake Beam & Morin), Mercer Human Resource Consulting, Hay Management Consultants and Forum Corporation
About Your Speaker
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Copyright @2014 Centre for Executive Education Pte Ltd (Strategic Partner of Executive Development Associates Inc.)
www.cee-global.com
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Future Leadership Redefined
“Leadership is all about the ability to have impact and influence on your followers so as to engage them towards
ACHIEVING RESULTS of your organisation through both Ontological Humility and Servant Leadership & Level 5 Leadership Styles blended with elements of Socialised
Power/Social Intelligence Competencies ” (Bawany, 2013)
Reference: Sattar Bawany, “Making Results-based Leadership Work in Singapore” Singapore Business Review, http://sbr.com.sg/hr-education/commentary/making-results-based-leadership-work-in-singapore, first published on 12 February 2013.
Copyright @2014 Centre for Executive Education Pte Ltd (Strategic Partner of Executive Development Associates Inc.)
www.cee-global.com
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Role of Leaders in Achieving Results
• Profitability/Market Share
• ROI/Cost Optimization
• Customer Satisfaction/Loyalty
• Service Value/Relationship
• Employee Satisfaction/Loyalty
• Employee Turnover Rate
• Company Culture, Policies
• Rewards and Flexibility
EQ/Social Intelligence
Leadership Styles/ Humility/
Level 5 Leadership
Reference: Sattar Bawany, “Making Results-based Leadership Work in Singapore” Singapore Business Review, http://sbr.com.sg/hr-education/commentary/making-results-based-leadership-work-in-singapore, first published on 12 February 2013.
Copyright @2014 Centre for Executive Education Pte Ltd (Strategic Partner of Executive Development Associates Inc.)
www.cee-global.com
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“Crisis may be an overused word, but it’s a fair description of the state of leadership in today’s corporations. CEOs are failing sooner and falling harder, leaving their companies in turmoil. At all levels, companies are short on the quantity and quality of leaders they need.”
Reference: Ram Charan, “Leaders at All Levels”, Jossey-Bass, Wiley, San Francisco, California, 2008
Business Case for
Succession Planning
Copyright @2014 Centre for Executive Education Pte Ltd (Strategic Partner of Executive Development Associates Inc.)
www.cee-global.com
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Succession Planning &
High Potentials
Succession planning involves the identification of high-potential employees, evaluating and honing their skills and abilities, and preparing them for advancement into positions which are key to the success of business operations and objectives.
Copyright @2014 Centre for Executive Education Pte Ltd (Strategic Partner of Executive Development Associates Inc.)
www.cee-global.com
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Who are High Potentials?
High Potentials consistently and significantly outperform their
peer groups in a variety of settings.
While achieving these superior levels of performance, they
exhibit behaviors that reflect their companies’ culture and
values in an exemplary manner.
Show a strong capacity to grow and succeed throughout their
careers within an organization – more quickly and effectively
than their peer groups do.
Reference: Douglas Ready, Jay Conger and Linda Hill, ‘Are You a High Potential? Harvard Business Review, June 2010
Copyright @2014 Centre for Executive Education Pte Ltd (Strategic Partner of Executive Development Associates Inc.)
www.cee-global.com
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The difference between high-performance employees and high-
potential employees is that the high-performance employee are
very good at performing their jobs, while the high-potential
employees have demonstrated measurable skills and abilities
beyond their current jobs.
The real damage is done when the high-performance employee
is promoted to a managerial level, is uncomfortable and
struggles in their new role, resulting in high levels of stress and
anxiety, causing them to quit.
High Performers vs. High Potentials
Copyright @2014 Centre for Executive Education Pte Ltd (Strategic Partner of Executive Development Associates Inc.)
www.cee-global.com
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Analyzing Trends for Over 20 Years!
Research by
EDA and Pearson TalentLens
Research Report Website: http://www.executivedevelopment.com/product/20112012-trends-in-executive-development
EDA Research on Next-Gen Leaders
Copyright @2014 Centre for Executive Education Pte Ltd (Strategic Partner of Executive Development Associates Inc.)
www.cee-global.com
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Overview of Major Findings
1) Companies are looking for ways
to accelerate High Potentials.
2) Companies need leaders that think
strategically & inspire.
3) The 70-20-10 Learning
Framework is Becoming a
Standard.
4) Leader-as-Teacher model is key.
5) Critical Thinking is the Hottest
Development Topic.
Copyright @2014 Centre for Executive Education Pte Ltd (Strategic Partner of Executive Development Associates Inc.)
www.cee-global.com
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OD Interventions in Accelerating
High Potential Development
Copyright @2014 Centre for Executive Education Pte Ltd (Strategic Partner of Executive Development Associates Inc.)
www.cee-global.com
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• Next Generation of leaders at all levels demonstrate a high degree of Emotional Intelligence in their role
• Emotionally intelligent leaders create an environment of positive morale and higher productivity resulted in sustainable employee engagement
• Critical EI competencies includes: relationship management; cross cultural communication; effective negotiation and conflict management
Reference: Bawany, Sattar: ‘Maximising the Potential of Future Leaders: Resolving Leadership Succession Crisis with Transition Coaching’ In ‘Coaching in Asia – The First Decade’., Candid Creation Publishing LLP, September 2010. Download Complimentary e-copy from: http://www.cee-global.com/6/publication
Leadership Competencies of Next
Generation of Leaders
Copyright @2014 Centre for Executive Education Pte Ltd (Strategic Partner of Executive Development Associates Inc.)
www.cee-global.com
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Executive Development Approaches
Executive Education (classroom/online), Stretch Assignment, Action Learning,
Executive Coaching and Mentoring
Company Expectations
Individual Expectations
Transition Readiness
Assessment
Company Feedback
Individual Feedback
Gaps Action Plan
Gaps Action Plan
Reference: Sattar Bawany, The ART of War for Talent, Human Capital (SHRI), Vol. 10 Issue 1 – January 2010 p38-42
Framework for Developing
Future Leaders (High Potentials)
Download Complimentary e-copy from : http://www.cee-global.com/6/publication
Copyright @2014 Centre for Executive Education Pte Ltd (Strategic Partner of Executive Development Associates Inc.)
www.cee-global.com
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If you do tomorrow what you did yesterday
Your Future is History……………
If you do tomorrow what we’ve covered today
Your Future is Historic!!!
Final Thoughts…
Copyright @2014 Centre for Executive Education Pte Ltd (Strategic Partner of Executive Development Associates Inc.)
www.cee-global.com
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Prof Sattar Bawany
CEO, Centre for Executive Education (CEE Global)
C-Suite Master Executive Coach, EDA Asia Pacific
Strategic Advisor & Master Facilitator, IPMA Asia Pacific
Email: [email protected]
Slideshare: www.slideshare.net/ceeglobal
LinkedIn: www.linkedin.com/in/ceeglobal
Facebook: www.facebook.com/ceeglobal
Twitter: www.twitter.com/cee_global
Articles: www.cee-global.com/6/publication
Further Dialogue on Social Media