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Embracing the New Normal

It's been tough . . .. What next?. Four proven strategies for moving forwardOpportunity AnalysisTalent AssessmentLeadership DevelopmentExecutive Recruitment. Ask Yourself . . .. What does the ?new normal" mean for your company and your industry?. Let's face it:. Doing the same old things and expecting different resultsjust won't work..

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Embracing the New Normal

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    1. Embracing the New Normal Gregg Carlson Carlson Search Group and Russell Jensen Jensen Consulting

    2. It’s been tough . . .

    3. What next? Four proven strategies for moving forward Opportunity Analysis Talent Assessment Leadership Development Executive Recruitment

    4. Ask Yourself . . . What does the “new normal” mean for your company and your industry?

    5. Let’s face it: Doing the same old things and expecting different results just won’t work.

    6. Take a Fresh Look at Your Opportunities

    7. How will top line growth opportunities be different going forward? 1. Take a Fresh Look at Your Opportunities

    8. Where are our competitors most vulnerable now? 1. Take a Fresh Look at Your Opportunities

    9. What are our core strengths and competitive advantages, and are they sustainable? How can we leverage them in the new environment? 1. Take a Fresh Look at Your Opportunities

    10. If we were to compete with ourselves, where would we attack? 1. Take a Fresh Look at Your Opportunities

    11. When we look back 5 years from now, we’ll say, “How could we have missed that opportunity?” What is that opportunity? 1. Take a Fresh Look at Your Opportunities

    12. Has the economic downturn provided merger and acquisition opportunities to consider? 1. Take a Fresh Look at Your Opportunities

    13. Have we defined our needs accurately, so that our leaders are focusing on the right things? 1. Take a Fresh Look at Your Opportunities

    14. Jim Collins recommends “getting the right people on the bus” before figuring out “where to drive it.” 1. Take a Fresh Look at Your Opportunities

    15. Aligning your top leadership and your strategy is essential to setting and achieving your goals. 1. Take a Fresh Look at Your Opportunities

    16. “Few companies recognize the leadership capacity that new strategies require, let alone treat leadership as the starting point of strategy.” --report by McKinsey & Company 1. Take a Fresh Look at Your Opportunities

    17. Conduct a Thorough Assessment of Your Executive Talent

    18. 2. Conduct a Thorough Assessment of Your Executive Talent Today’s challenges and opportunities may demand a new type of leader.

    19. Recommendations for internal talent assessment: From the top down Performance assessment Talent review 2. Conduct a Thorough Assessment of Your Executive Talent

    20. Implement Proven Executive Leadership Development Strategies

    21. 3. Implement Proven Executive Leadership Development Strategies Leadership development is about Insight Intentional opportunities Disciplined learning Accountability

    22. 3. Implement Proven Executive Leadership Development Strategies Three of the most important development strategies: Coaching Job-related development assignments Leadership team development

    23. 4. Fill Any Existing Gaps In Your Executive Leadership Team

    24. Reasons to add executive talent: Different industry background Talent from major competitor or admired company Ethnically diverse candidate Someone who can add to the company’s bench strength because timing is right Compare internal talent with external talent 4. Fill Any Existing Gaps In Your Executive Leadership Team

    25. When your company does go to search, do it right: Involve the right people Conduct the search broadly Scrutinize the fit between company and candidate 4. Fill Any Existing Gaps In Your Executive Leadership Team

    26. Diligently scrutinize “the fit between the individual’s personality, energy and character with the cultures of the company.” --Nat Stoddard, The Right Leader 4. Fill Any Existing Gaps In Your Executive Leadership Team

    27. Your New Game Plan It’s time to jump back into the game! What will your new game plan look like?

    28. Your New Game Plan Identify what the “new normal” is for your company Revisit your strategic direction Align your leaders and your goals

    29. Your New Game Plan Assess depth and talent of leadership team Recruit outside talent when you must Build a culture of leadership development

    30. The Bottom Line: Leadership Drives Success

    31. The Bottom Line: Leadership Drives Success Moving forward, your company’s success will be determined by your leadership, now more than ever before.

    32. THANK YOU!

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