1 / 19

Managing Talent – Strategies for Success

Managing Talent – Strategies for Success. 21 st Century Leadership Paul Cuttill – MD, The D Group www.dgroup.co.uk. CEO Paradigms to date. ‘Know the numbers and you’ll control the business’ ‘I do strategy and leave the execution to others’ ‘To lead you must have done’

asis
Download Presentation

Managing Talent – Strategies for Success

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Managing Talent – Strategies for Success 21st Century Leadership Paul Cuttill – MD, The D Group www.dgroup.co.uk

  2. CEO Paradigms to date • ‘Know the numbers and you’ll control the business’ • ‘I do strategy and leave the execution to others’ • ‘To lead you must have done’ • ‘Leadership transcends specialism’ • ‘When I drive forward and plant the flag everyone will follow’ • ‘We need consensus, influencing and involvement’ • ‘What we need around here is some Stalinism’

  3. What do you need?

  4. 21st century dilemma • Question • Post Macondo, Fukushima Daiichi or PlayStation Network, who’d want to be a CEO of BP, Tepco or Sony? • Answer • Plenty because vanity and aspiration of untold riches makes many believe in their innate ability to be better than their predecessor

  5. 21st century dilemma • So you are Chairman looking for new CEO – what skill and competency maps do you draw up for the Head hunter? • (Best not go down the Superman or Wonder Woman line! Probably couldn’t afford them anyway)

  6. Competency Map • Situational Awareness • Emotional Resilience • True Management of Risk • Intelligence of Interdependencies • Executive HRM • Confident, believable communicator in the digital era

  7. Situational Awareness • Frame your total effort in a single wrapper of high ambition • Crisis team / War Room • Who does what and when – and then who replaces them on day 2. • Single authoritative source of information • Prepare for improvisation • Practice

  8. Emotional resilience • Pressure of knowing that in every moment, one slip away from personal opprobrium • Loneliness of the long distance runner • How to take body punches • How to react to shocks • Are you ready to put your personal reputation and perhaps your freedom on the line

  9. True Management of Risk • Accept that even if things seem safe and secure, disasters can happen • Develop broadly applicable remediation's • Adopt a principle akin to the regulation of safety case rather than safety standards

  10. Intelligence of Interdependencies • The unforeseen or unknown connectivity • Look for every single point of failure • Supply chain partners, their partners and their single points • Infrastructure such as transport nodes • ‘Just In Time’ or should it now be ‘Just In case’ • Build interdependencies into investment cases

  11. Executive HRM • Compensation and benefits • Succession planning • How to get 000s of people to behave as you want them to • Q - what is the biggest decision you will ever make? A - the hiring and firing decision

  12. Communication in the Digital Era • Case Study – The E or Internet Vigilantes • The Story of Mary Bale or The Lady who put the cat in the wheelie bin

  13. Communication in the Digital Era • Evening of August 21st (D) Mary Bale (MB) drops the cat in the bin • D+15 hrs – cat found and CCTV footage uploaded to YouTube and facebook page created • D+20 hrs – website 4chan identifies MB • D+24 hrs – name, home address and telephone number, place of work uploaded

  14. Communication in the Digital Era • D+ 1day • first death threats and hate pages on facebook • Manager of MB on the phone • Someone rings and asks for MB by name purporting to be from ‘Norwich Union’ • Door stepped by The Sun • New Editor from The Sun rings • 3rd Sun reporter calls – this time aggressive and says running story whatever you say • Police station a patrol car outside her home

  15. Communication in the Digital Era • D+ 2days • Mother is under siege at home and telephone number of her, and sister and sister in law of MB known and all rung • Cats owner interviewed by BBC1 and 2, ITV, C4, C5, Sky and Fox • D+ 3 days • CBS involved an The Sun runs with ‘It’s a Fur Cop’ • MB and Mother visit terminally ill Father of MB and besieged at the hospital • Driven home by 4 PCs all wearing flak jackets • Hate mail in post and answering machine containing death threats taken away by Police.

  16. Communication in the Digital Era • Run this scenario for your business and practice your response – time and time again • Acknowledge probable inadequacies in • Accepting fault • Training • Information systems • Authority • Organisational ethos and systems to anticipate and react beforehand • Resist ‘wait and see’ as to do so will mean ‘wait and watch’ as your business, brand and reputation gets flushed away

  17. Summary • All what we already know about numbers, strategy, generalist's, specialist's, dictator and democrat PLUS • Situational Awareness • Emotional Resilience • True management of Risk • Intelligence of Interdependencies • Executive HRM • Confident, believable communicator in the digital era

  18. Summary • Finally you do need some luck but remember; ‘The more I practice the luckier I get’ Gary Player

  19. Managing Talent – Strategies for Success 21st Century Leadership Paul Cuttill – MD, The D Group www.dgroup.co.uk

More Related