Tag: Leading change with certainty

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Feedback from 200 CEO’s: What They Learnt in 2013 & What They Face in 2014

I have been working on the Strategic plan for the Results Group. One of our core Values is “Live what we teach” so it is important to Imagehave a framework in place of quarterly & annual reviews. Any business needs to understand what their clients need and face. I recently wrote about the framework for “Making High Performance Leaders Better” (link here) and something I have spent a lot of time facilitating this year which is “Owning the Voice of the Customer” (Link here). Any company who regularly invests in owning the Voice of their customer not only develops products & services that are of high value but they maintain a Strategic advantage over competitors. This means speaking directly with them often and really hearing what it is you do well, what can improve. It takes an approach of seeking excellence by incrementally getting better & better at core business.

The Results Group helps CEO’s (Business Leaders) to “Lead Change with Certainty”. As part of my research I undertook to ask as many CEO’s to help me as I could. I went out to as many networks as I could. I asked questions on Linkedin, on my blogsite, in person, via e-mail and through both my team and other professionals who work with CEO’s. The result was feedback from just over 200 CEO’s. Many in Canterbury, most from within New Zealand and a decent number from Australia, the USA, Canada and beyond. Many are clients but not all. They are leaders I work with in primarily the world of private business but also there is feedback from the Public sector and larger Corporates. They all lead organisations and people and are CEO/Business Owners. Here are the results which took considerable effort to pull together into key themes. There were many answers as you can imagine so I spent time understanding the key themes/patterns that were common. I asked for the top 3 but feel there are 6 key areas that came through so I have included all 6;

The first question I asked was “As a leader what did you learn in 2013?”

– The importance of Leading by Example: In all you do be genuine, set standards you want others to follow. Be fallible and show that you make mistakes and learn from them, be tough with your staff but ensure they understand what you expect and then that they deliver it. The single most important thing to come through was the importance of being consistent as a leader & in how you deal with people & decisions.

– Empower your People to succeed : Invest heavily in developing, mentoring and training them. Ensure they have not only a clear role that defines what success looks like, but the autonomy to to do the job. Delegate to your staff. Keep them on track often and regularly. Celebrate the wins when they happen (big & small this was a key comment).

– Create a clear Vision & Values Structure: This is especially  important for consistent decision making. It was also critical for the times when the way forward was not “obvious”. It gave a framework for making the important decisions. Speak about “Vision” all the time, make sure the team understand it and align with it and make sure the Values are alive in stories and awards.

– Communicate Clearly & Often: This came up in almost every reply. Be clear in your communications as a leader, set expectations, communicate them often, give good timely and direct feedback so people understand where they stand. Many said they had learnt the importance of communicating the same thing many times to ensure people “get it”. This applied in both large organisations and small ones.

– Have Good Mentors: Mentors internal and external to the business. Have good networks of professional people who want to see the business and those in it succeed. They keep you “real” and things on “track”. Most importantly it keeps you honest as a CEO. The need to ask for and take good advice was a central pattern of comments.

– Include Your Team: This related to including people in both building the plan and in how it will be executed. The need to trust people with information was a key learning as was the need to engage people in the plan. Seeking  feedback on progress, opinions, ideas and on how things could improve was also a central theme.

The Second question I asked was “What are the Challenges you will face as a leader in 2014?”

– Building a Strong Culture: This was a very common theme. The need & desire to build a culture that attracts and retains top talent. In Christchurch this is definitely the number one challenge given that it is a tight labour market. Building a culture that is balanced between high performance and fun, a culture of achieving results. A culture that is a major point of difference over competitors were key challenges for 2014.

– Building Brand: This related to having a clear and strong brand in their particular markets & industry. One that stands for something and is well known. Getting clear on what their brand is and should stand for and being consistent in branding and marketing activities were key actions that needed to be addressed in 2014.

– Recruitment: Of key people. This tied into “Culture” but mainly related to the need and desire to have a good process in place. Challenges included the need to recruit top talent, the time and effort taken to actually run a good process that delivers a skilled recruit that fits the culture & who should be involved. Something mentioned by many CEO’s was the challenge of “understanding young people” and how how to lead them. Sound familiar?

– Leading Change: Change was on the radar for all those responding. The challenge of helping their team to change and to lead the change. A lot of technology change is on the agenda for 2014 i.e. implementation of new systems, software and technology. Changing the business structure also featured abundantly. The need to stay competitive, achieve high levels of staff productivity, introduce and develop new products & services. A key concern was how they were going to do this “when light on details” (plan) or where there was uncertainty on the process needed. Some talked about the “courage” needed by all leaders in the Company to implement change.

– Free up Time: A central theme was the need to delegate to staff more in order to free up time to lead and work on the business. Most were seriously time poor and needed to alter priorities in 2014.

– Learning not to Sweat the Small Stuff: There were many comments about learning to be comfortable leading when there can be no “perfection” and being comfortable with that. There was a recommitment to “bringing back the fun” and a desire to “not take it all so seriously”.

Overall this was a very interesting exercise. It not only engaged a lot of CEO’s to reflect on what they have learnt and on the year ahead but it was the first time I have done this on a large scale. I found leaders genuinely keen to help, to offer their thoughts, who wanted to engage in wider conversations and I learnt a lot. I saw themes & patterns common to all leaders (regardless of the size of the team or organisation they were leading) and themes & patterns relating to Canterbury (with the current post earthquake rebuild) and wider across industries.

The answers above largely tie in with what I have observed over a busy and challenging year closely supporting leaders in change. The desire to build strong cultures that attract and retain top talent being one I certainly have as the number one challenge on the radar for 2014.

What are your thoughts or comments? More importantly have you taken time to reflect on what you have learnt in 2013 as a leader and to define what it is you think you will face in 2014? How will you address the challenges? In my mind leading organisations and leading through others is and remains one of life’s biggest and most rewarding challenges you can face.

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Making High Performance Leaders Better

I do a lot of work with high performance leaders. In fact I have just completed a survey which I will share over the coming weeks about their key learnings over the last 12 months and what challenges they expect to face in the next 12 months to bring.

Executive leadership coaching is a growing part of my practise here in Christchurch that is growing by referral and it involves working with high performance, experienced individuals in key leadership roles who want to get better at their craft. This link (read here) explains why leaders need to be aware of their “blind spots” and how some good coaching can take them to a new level of influence over their teams and key people. Leadership at the senior level is about leading through others. In itself this involves coaching, mentoring, developing and getting key managers better at their game…..better a delivering results, better at leading their own parts of the business.

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I work with CEO’s in a number of ways. Firstly to help build their strategy and then to help roll it out across the company. Primarily this is about “Business Execution” or executing the strategy. This is a major challenge in amongst the chaos of “Business as Usual.  I now have a number of high performance CEO’s from prominent companies seeking what I term “professional development.” They work virtually or travel from around the country to invest in their own development. This involves working with them in a high trust relationship to get them better at their craft. It involves the following;

a. Being a sounding board. Leadership is a lonely space so having someone with no other motivation except to see them succeed is something that is of high value. Someone outside their organisation, outside their team and outside of the Board of Directors. I have some who simply want to spend time and talk through key decisions and to help them get clear on their thinking and why they think that way.

b. Challenging their Blind Spots. We all have them and this is an area I have worked hard on myself. Better self awareness, better situational awareness of those we lead, key strengths and how to play to them and how to build the skills in your team to cover weaknesses. Empathy for others and tools for getting the best out of people are generally at the top of the list of these important “soft skills”.

c. Building a Framework = Finding Time. Generally CEO’s are very time poor. Finding time for them is key as we challenge how they might structure their week, month & year. A good cadence of team and one on one meetings, time for strategy, review, lessons learnt and strategic thinking all form part of this along with the disciplines required to actually execute such a framework. One of the biggest things I find is that busy leaders do not take time off. They risk burn out, lack balance between work and family life and few give themselves the time to recharge. As a leader of a large organisation you are responsible for feeding a lot of families. You have an obligation to be at the top of your game so you can make the best decisions and deliver the best results. Time out is critical and the discipline to make it a priority is key.

d. Building on Strengths. The best return on investment is to play to and build on your strengths and to build a team around you to do the bits you are not so good at. I find many leaders who beat themselves up for the parts they struggle with and often they focus on these negative areas. Why focus on things you are not naturally good at and tend to loath doing?

e. Execution. Actually supporting leaders to do what they set out to do. Everyone needs accountability and in a space where performance is key everyone needs a push to get out of their comfort zone and to seek excellence. Real situations require practical solutions and one thing I really enjoy is working with leaders to actually do what they need to do.

f. Seeking Excellence. As in high performance sport any % gained is pure gold. It is easy to lift performance from say 65 – 85%. But every % over and above 85% (or however you like to think of it) takes conscious effort, focus, trial and error and execution with a focus on measuring progress. A leader is only as good at their last game so building on performance, banking lessons learnt and pushing outside comfort zones is key.

g. Providing the Right Network. I certainly do not claim to know what it is all about and I challenge anyone who can. Leadership is a journey (not an event) and having the right peer group, mentors, exposure to research, case studies, stories/examples, academic courses and others who are on the same journey is an absolutely critical part of developing talent and talented leaders. I see my role as providing the right things at the right time to build personal networks.

h. Leading in Change & Enabling Culture. The pace of change is fast and continuing to get faster. Technology, competitor moves, globalisation, client expectations, economic conditions have never involved so much change. How do CEO’s lead in times of constant change and how can they enable a culture that top talent wants to be & remain a part of? The culture of an organisation is a strategic advantage that no competitor can steal so enabling a culture of excellence, that is resilient to change, is innovative and close to the customers needs is critical to growing and leading a business.

Working with high performance leaders is one of the things I love about my role. It is satisfying, challenging and I learn a lot about leadership, different sectors and different companies. The common theme is that no one actually teaches you how to lead people & how to get the best out of them. It is not a University course or a seminar or an event. Everyone you meet can & should teach you something and without doubt it is one of life’s ultimate challenges.

Are you working with someone to help you get to the top of your leadership game?

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“When a man die…

“When a man dies a library burns”

Read that quote recently again and it is so true. A little like losing a key long term employee, many years of collective knowledge and learning goes with them. Leaders at the top of their game never stop learning. They commit to the pursuit of excellence and continually look for new ideas, incremental improvements and different ways of lifting the bar.

This week we have a CEO leadership event here in Christchurch with Bruce Cotterill speaking about how he has built culture, achieved success and turned several companies around including Yellow. I am looking forward to many of our clients attending and the discussions that follow of from such an event.

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Enabling Leaders: Live to lead

Leadership at the CEO level is about leading through others. In a nutshell this means enabling good people to lead others in the wider organisation to succeed. It is about setting people up for success, supporting, guiding, mentoring, developing your functional heads of department (or whatever you call them) to deliver the agreed deliverables for the company and to ensure they do so consistently.

This means constantly investing in their development and supporting them through the good and the bad.  I have to constantly challenge myself to get better as not only a leader but at how I can enable others working at the top of their game. Last week in my capacity as a Reserve Army officer I assisted the NZ Army to select potential Army Officers to undergo Officer training. This involved working in a close team and assessing candidates over a three day period. I learnt a lot more about what to look for and how to assess leaders and it was my first time in that Army environment where I was not being tested myself. Not only was it a pleasure to see smart young people giving it 100%, it was hard work as part of the assessment team and given we were making decisions about peoples future lives and the Armys future leaders we were pushed to make clear and justifiable assessments.

Yesterday I did some self reflection after going through an hour long debrief with a psychologist looking at the results of my “Hogan” profile. An in depth look at who I am, how I lead and some of the things that I need to leverage and be aware of so as to lift my leadership to another level. Already I have seen a return on this investment through the conversations it has opened up with my team and with clients.

This morning I will be working with a high performance leader for three hours as he invests time into his leadership style, skills and actions. Leadership is a lonely space and those committed to constant and incremental improvement achieve great things for not only themselves personally but their organisations and those they lead. It is a really positive journey of growth and an opportunity to try new things, make mistakes and from that comes the true gold = Lessons learnt!

What have you learnt lately in you role as a leader? How do you stay at the top of your game as a leader? I’d love some feedback and thoughts on this.