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Leadership. The One Hour Tour Of Leadership. Impossible! Context and practical considerations Some theory…. Thoughts and questions…. Potential MSc projects. Nicholson McBride. London and Boston Leadership and change Business and psychology Current clients: Invesco perpetual ECB Marsh
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The One Hour Tour Of Leadership • Impossible! • Context and practical considerations • Some theory…. • Thoughts and questions…. • Potential MSc projects
Nicholson McBride • London and Boston • Leadership and change • Business and psychology • Current clients: • Invesco perpetual • ECB • Marsh • Audi and WV UK and USA • Office of the Deputy Prime Minister
The Case For Leadership • Complex or simple…(business psychology) • Complex: • System, leader and follower relationships, timing and context, structures in the organisation, systems / processes, and skilled and competent individual. (Power and control – source, use and acceptance.) • Simple: • Credible individual who knows what they are doing and whom people respect and possibly like…
A Starting Point For Leadership Warrant Bennis and Peter Drucker • “Leaders are the people who do the right thing while managers are the people who do things right.”
Why Leadership Matters In Business • Commercial reasons (cost and profit) • Enable people to do more (effective and efficient) • Smooth running of organisations (structure, control and power of the collective) • Vision (shaping the future) • The perfect leader, borne or made? (Does it matter?)
Practical Challenges Of Leadership • Ego (emotional intelligence) • Top Teams (clash or compliment) • Fairness and equity • Culture of model leaders, or leadership models • Training and development, what, how and who…
Visionary Leadership Theory • Search for traits • Behaviour research • Task focus • Relationship orientation • Situational leadership • Transformational leadership
Leader Behaviour Questionnaire Visionary leadership behaviour • Clear leadership • Communicative leadership • Consistent leadership • Caring leadership • Creative leadership
Leader Behaviour Questionnaire Visionary leadership characteristics • Confident leadership • Empowered leadership • Visionary leadership
Leader Behaviour Questionnaire Visionary culture building • Functional leadership • Managing change • Attaining goals • Co-ordinating teamwork • Establishing shared values / beliefs • Cultural leadership
Two Questions • What does leadership mean to you? • What in your experience do organisations to develop their leaders?
Two Questions For Tomorrow • What will tomorrow’s world be like? • What will tomorrow’s leaders be like?
Tomorrow’s World • More globalisation • Faster information transmission • (Even) less centralised decision making • (Even) more managing through others
Tomorrow’s Leaders “The new paragon of an executive is a person who can envision a future for their organisation and then inspire colleagues to join in building that future.” Fortune Magazine
Leaders Deal with change Have a long term perspective Have vision & inspire others Ask about why Focus on corporate philosophy, values and shared goals Have a helicopter view Empower Use charisma Managers Are concerned with stability Have a short term perspective Follow instructions Ask how Focus on tactics, structure and systems See the trees, not the forest Control Rely on authority Leaders V Managers
Management Behaviour Supporting Coaching (Low) Supportive Behaviour (High) Delegating Directing (Low) Directive Behaviour (High)
Delegation: The Five Contracts • I’ll decide • We’ll discuss, I’ll decide • We’ll discuss, we’ll decide • We’ll discuss, you decide • You decide - call me if you need assistance
ENVIRONMENT Personal Aspirations ORGANISATION CUSTOMERS ? STRATEGIC PLANNING Leadership Tomorrow CONSULTANCY SKILLS HIGH LEVEL THINKING DECISION MAKING BEST PRACTICE PERSONAL EFFECTIVENESS EMPOWERING PEOPLE GETTING THINGS DONE MANAGING CHANGE SHARING VISION INSPIRING MOTIVATING VISION & GOAL SETTING INFLUENCE & PERSUASION DIFFICULT SITUATIONS COMMUNICATION MANAGING CUSTOMERS BUILDING & LEADING TEAMS DEVELOPING OTHERS MANAGING UPWARDS FEEDBACK
Projects • Questionnaires: • Intelligence application • Stress • Change receptiveness • Coaching meta analysis • Analysis of cultures and conflict styles