In times of uncertainty, people look towards their leaders more than ever before and need reassurance that their leaders are taking the organisation in the right direction. So it is crucial in these times that leaders take a step back and consider the impact that they are having on the organisation through their leadership style.
Leaders often assume that leadership style is a product of their personality, rather than a choice they make. A recent Harvard Business Review article by Daniel Goleman, entitled Leadership That Gets Results, suggests that the most effective executives use a variety of different leadership styles, switching
We’ve always known that communication is a core skill for a successful leader. It’s hardly surprising that this core skill is being severely tested in our more testing market environment. More surprisingly, it’s the skill where leaders still lack confidence and find it hard to work out both what to do and how to do it. As one senior HR director said to me recently: ‘Don’t assume that leaders know how to handle difficult news’.
In times of rapid change, people are searching daily for clues about the state of the business and will look for it by magnifying every bit
In today’s edition of the FT, management columnist Stefan Stern, writes that “business leaders ought to recognise, as they catch their breath after months of turbulence, that the strategy they were pursuing until recently is unlikely to be right for today. .. Leaders need to develop sensitivity to the mood of the organisation if they want to avoid the unpleasant surprise of being confronted by colleagues who refuse to follow the script.”
As we know, organisational identity offers a point of stability when everything else is changing.
Stefan goes on to say “in a battle between culture and strategy, culture usually wins. So
It never ceases to strike me how much the successful leaders we speak to care deeply, not only about achieving delivery and results, but also about their people and what their organisations are really trying to achieve. This is often in the face of the multiple challenges and risks that leadership brings, now in these challenging times more than ever.
These successful leaders manage to marry caring deeply with having a clear line of sight to the desired outcomes and the real purpose of their organisation. They know exactly what the goals are and keep them firmly in mind and, importantly,
We’ve just had the first opportunity to discuss the findings of our research with a group of clients. A lively and enjoyable discussion over breakfast reminded us of the power of thinking together.
Testing the key themes in the report against the challenges facing our clients in their businesses today, it was exciting to see a consensus emerge that brings together the four themes in a compelling story. One that’s not only relevant to the current challenging market conditions but also, as someone said, a model for the next five to ten years.
I found myself wondering why the personal letters sent by the Prime Minster to those affected by the recent smear scandal landed so badly. Much of what he did was right. He used a very personal channel (handwritten letters) to communicate his messages. He acted swiftly. The letters were short and clear. He showed that he had taken action. So what was missing?
In delivering ‘high concern’ messages, it is vital to start off with a demonstration of empathy. This doesn’t mean an apology necessarily. Rather it means putting yourself in the recipient’s shoes and acknowledging their emotions.
We have all pretty much accepted that the global economic crisis has caused a fundamental shift in the way we will think about doing business from now on. But have we yet made any fundamental changes to the way we do strategy? Some leading companies have reacted by refusing to publish hard financial targets as they know they may struggle to achieve them. Others are being more thoughtful about what needs to be in their place. How can we convince first our people, then our key stakeholders and shareholders that we do have distinctive organisational attributes and market strengths that
‘Strategy evolution: adapting to a new world’ brings together the shared intelligence of 45 of today’s leaders on how to make your strategy work in the new business environment – the culmination of our research, and precious time kindly given up some very busy leaders to share their experiences of the new risks to successful strategy execution.
During these frank conversations we were perhaps surprised to find little evidence of the desire to reduce their exposure to risk. Instead, we found a growing awareness of the need to be open to all the new opportunities present in the changing