CEE Executive Briefing on Developing Your Leadership Pipeline - 29 July 2013
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(Affiliate Partner of Executive Development Associates Inc.)
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Prof Sattar Bawany
CEO, Centre for Executive Education (CEE)
C-Suite Executive Coach, EDA Asia Pacific
Monday, 29 July 2013 MIS Executive Club @ Anson Centre
DEVELOPING YOUR
LEADERSHIP PIPELINE
Transforming the Next Generation of Leaders
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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?
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Agenda
• Business Case for Succession Planning
• High Potentials vs. High Performers
• EDA Research on Leadership Development Trends
• Strengths and Competency Deficits of Next
Generation Leaders
• CEE Framework on Developing Leadership Pipeline
• Dialogue Session
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About
Centre for Executive
Education (CEE)
Executive Education
Leadership & High
Potential Development
Executive Coaching
Succession Planning
Executive Assessment
4
CEE is also the Affiliate Partner of Executive Development Associates
(EDA), a global leader in executive development & coaching since 1982.
CEE is the Executive Development
Division of IPMA Asia Pacific
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(Affiliate Partner of Executive Development Associates Inc.)
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Jim Bolt, Founder of EDA and FrED Forum
Ram Charan, Educator, Author and Consultant to CEOs
Jim Kouzes, Best-selling Author and Dean’s Executive Professor of
Leadership, Leavey School of Business, Santa Clara University
Vijay Govindarajan, Professor, Amos Tuck School of Business,
Dartmouth College
Ted Hoff, Vice President Learning, IBM
Valerie Norton, VP, Talent Management & Acquisition Broadridge
Financial Solutions
Sandy Ogg, Chief Human Resource Officer, Unilever N.V.
Chuck Presbury, Senior Director Leadership Development,
McGraw-Hill Company
EDA Advisory Board
6. Copyright @2013 Centre for Executive Education Pte Ltd
(Affiliate Partner of Executive Development Associates Inc.)
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• CEO of Centre for Executive Education (CEE)
• C-Suite Master Executive Coach, EDA Asia Pacific
• Strategic Advisor, IPMA Asia Pacific
• Adjunct Professor of Paris Graduate School of Management
• Over 25 years’ in executive coaching, facilitation, leadership
development and training.
• Adjunct Professor teaching international business and human
resource courses with Paris Graduate School of Management
• 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
6
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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.
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Succession Planning Approach
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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
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10
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.
• Succession planning involves:
Understanding the organization's long-term goals and objectives.
Identifying the high-potential candidates and their respective
developmental needs.
Determining workforce trends and predictions.
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Building a Leadership Pipeline –
Development of High Potentials
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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
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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
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Studies show employee turnover can cost companies
up to 40 percent of their annual profit. That's for the
turnover of all employees, regardless of their
performance levels.
The financial impact of losing a significant number of
high-potential employees (including those Gen X and Y
who have been identified as your future leaders) can be
exponentially higher.
High Performers vs. High Potentials
Reference: High-Potential Management Survey, by Corporate Leadership Council released in 2005
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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 from: http://www.ipma.com.sg/publications.php
Leadership Competencies of Next
Generation of Leaders
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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
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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.
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OD Interventions in Accelerating
High Potential Development
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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
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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…………
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Prof Sattar Bawany
CEO, Centre for Executive Education (CEE)
Strategic Advisor, IPMA Asia Pacific
C-Suite Executive Coach, EDA Asia Pacific
Email: sattar.bawany@ipma.com.sg
Website: www.ipma.com.sg/cee.php
LinkedIn: www.linkedin.com/in/bawany
Facebook: www.facebook.com/ipma.singapore
Twitter: www.twitter.com/sattarbawany
Skype: sattar.bawany
Further Dialogue on Social Media
Notas del editor
Research PartnersExecutive Development Associates (EDA) (www.ExecutiveDevelopment.com). Executive Development Associates (EDA) leads the way in using executive and leadership development to help organizations successfully address their marketplace challenges and accelerate the execution of their business strategy. We work in partnership with our clients to create measurable improvements in both individual performance and business outcomes. Our core lines of business are Executive Development, Executive Coaching and Executive AssessmentPearson TalentLens is EDA’s research partner on the report (www.TalentLens.com/en publishes employee assessments for selection & development with a focus on 21st century skills. Our leading tools include the Watson-Glaser Critical Thinking Appraisal, Golden Personality Type Profiler,Advanced Numerical Reasoning Appraisaland 20+ other trusted online assessments.Based on our experience and our researchTrends in Executive DevelopmentIdentifying & Developing High Potential LeadersHigh Impact Executive CoachingResearch identifies emerging…Trends and Innovations in Leadership DevelopmentBest PracticesTop PrioritiesProvides a benchmark for your organization
When we look at the next generation leaders – primarily Gen X – we also see some great strengths.
we asked participants to tell us what the next generation of leadership talent (the ones who are most likely to fill executive level positions in the next three to five years) are lacking, The top five competencies most lacking in the next generation of leaders are shown here.Critical thinking was identified by 42% of the respondents as being the number one competency future leaders lacked. The “ability to create a vision and engage others around it” was number two (31%), “leading change”, and “cooperates and collaborates with other parts of the business” tied for number three (24%), followed by leadership with 23%. You will notice in the 2011/2009 comparison that Strategic Thinking was number 1 in 2009. This year we replaced strategic thinking with Critical Thinking because the level of thinking is greater than strategic thinking. Strategic Thinking is defined as one part of critical thinking along with problem solving, decision-making, and creative thinking. We included the more comprehensive term in this survey.Regardless, our respondents agree that the effectiveness of any leader and future leader depends precisely on the quality of their thinking. Critical thinking is that mode of thinking – about any given subject – in which the thinker improves the quality of their thinking. Effective critical thinking is the foundation for sound decision-making and strategic thinking. Decision making is one of the most important tasks that leaders of all levels must execute. This becomes particularly challenging when a leader has incomplete or contradictory information and when the time is short and the impact of the decision is high. Possessing the ability to make wise decisions quickly in the context of the organization's culture is a crucial skill. The ability to create vision and work collaboratively with other parts of the business puts a keen emphasis on a leaders (and future leaders) ability to empower and energize others through self-awareness, empathy, sensitivity and emotional intelligence. Clearly, helping future leaders master these emotional and motivational capabilities is vital. Our respondents also identified “leading change” as a significant gap. Understanding how to do this first requires an understanding of how to manage the three major activities involved with change: (1) Designing what the future of the change should look like; (2) Assessing the current situation in relation to the desired change; and (3) Planning and Managing the transition from the current situation to the desired future. Fifteen or more years ago, most “change leaders” first assessed the current situation--then designed the future. Often, however, this strategy only created small improvements because it was only based on “what is” and did not take into account the desired future state. Today, change leaders first design the future in general terms--defining what it is they want to see in the future, then go back and assess the current situation, and then they design the future in more specific terms. A thoughtful and thought-through transition is critical; otherwise, there's no roadmap for moving from the present to the future. In addition, the Ongoing Business must be managed and led at the same time as the change. This can put a great deal of pressure on leaders to execute the required change and manage business as well. It should be noted, that our respondents viewed the next generation of leaders as having mastery over the technical side of the business, having high integrity, having the ability to deliver results, and the ability to manage stress.