CEE Executive Briefing on Results-based Leadership during Turbulent Times - 29 May 2014

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CEE Executive Briefing on Results-based Leadership during Turbulent Times - 29 May 2014

  1. 1. Copyright © 2014 Centre for Executive Education Pte Ltd www.cee-global.com Talent Marche is an Affiliate Partner of CEE Global Prof Sattar Bawany CEO, Centre for Executive Education (CEE Global) C-Suite Executive Coach, Executive Development Associates (EDA) Thursday, 29 May 2014, 3.30 pm to 5.30 pm CityHub @ 20 Collyer Quay, #23-01, Singapore EXECUTIVE BRIEFING “Result-based Leadership during Turbulent Times”
  2. 2. Copyright © 2014 Centre for Executive Education Pte Ltd www.cee-global.com Talent Marche is an Affiliate Partner of CEE Global 2 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?
  3. 3. Copyright © 2014 Centre for Executive Education Pte Ltd www.cee-global.com Talent Marche is an Affiliate Partner of CEE Global About Centre for Executive Education (CEE)  Executive Education  Leadership & High Potential Development  Executive Coaching  Succession Planning  Executive Assessment 3 CEE Global is the Exclusive Strategic Partner of Executive Development Associates (EDA), a global leader in Executive Development & Coaching since 1982.
  4. 4. Copyright © 2014 Centre for Executive Education Pte Ltd www.cee-global.com Talent Marche is an Affiliate Partner of CEE Global 4 • Centre for Executive Education (CEE) is a premier network for established human resource development and consulting firms around the globe which partners with our client to design solutions for leaders at all levels who will navigate the firm through tomorrow's business challenges. • CEE’s mission is to assist our client to secure a leading position in their respective market through the development of their human capital. • CEE offers talent management solutions including executive coaching and custom-designed leadership development programs to accelerate individual performance and succession planning for organisations. • Talent Marche, is an Affiliate Partner of CEE Global in Singapore. Who We Are
  5. 5. Copyright © 2014 Centre for Executive Education Pte Ltd www.cee-global.com Talent Marche is an Affiliate Partner of CEE Global 5 • CEO of Centre for Executive Education (CEE) • C-Suite Master Executive Coach, EDA • Master Facilitator, IPMA Asia Pacific • Adjunct Professor of Paris Graduate School of Management • Over 25 years’ in OD & HR consulting, 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. 6. Copyright © 2014 Centre for Executive Education Pte Ltd www.cee-global.com Talent Marche is an Affiliate Partner of CEE Global Leading During Turbulent Times
  7. 7. Copyright © 2014 Centre for Executive Education Pte Ltd www.cee-global.com Talent Marche is an Affiliate Partner of CEE Global 1. Failure to meet Business Objectives (achieving Organisational Results) during such times 2. Inability to Change or Adapt During a Transition (the inability to respond quickly and flexibly to rapidly changing market conditions) 3. Problems with Interpersonal Relationships (lack of relationship management and social/emotional intelligence skills) 4. Failure to Build and Lead a Team (getting the ‘Right Person on the Bus’, ‘Wrong Person off the Bus’ & ‘Right Person in the Right Seat’) 5. Failing to make the Boss/Board/Organization's priorities a high priority when implementing strategies to meet the challenges Top Lessons on Executive Derailers during Turbulent Times
  8. 8. Copyright © 2014 Centre for Executive Education Pte Ltd www.cee-global.com Talent Marche is an Affiliate Partner of CEE Global  Use intellectual as well as emotional capabilities to guide organizations through turbulent business environments towards achieving organization's results  Understand and leverage of the importance of emotional intelligence in development of leadership effectiveness and sustaining employee engagement and productivity during times of uncertainty Today’s Leadership Challenge
  9. 9. Copyright © 2014 Centre for Executive Education Pte Ltd www.cee-global.com Talent Marche is an Affiliate Partner of CEE Global 9 Role of Leaders “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 Repertoire of 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.
  10. 10. Copyright © 2014 Centre for Executive Education Pte Ltd www.cee-global.com Talent Marche is an Affiliate Partner of CEE Global 10 Achieving Results During Turbulent Times • Profitability • ROI • Cost Optimisation • Employee Satisfaction • Employee Loyalty • Company Policies • Rewards and Flexibility • Culture, Espirit De Corps • Leadership Styles • EQ/EI Competencies • Level 5/Ontological Humility Organisational Results Employee/Stakeholder Engagement Organisational Climate Leadership Effectiveness Customer Engagement/Loyalty • Customer Satisfaction • Service Value/ Relationship 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, 12 February 2013
  11. 11. Copyright © 2014 Centre for Executive Education Pte Ltd www.cee-global.com Talent Marche is an Affiliate Partner of CEE Global 11 What’s Your Role During Turbulent & Uncertain Times? • The Current Realities – Times of Transition & Change • What happens to Organisations during Turbulent Times? • Response to Organisational ‘Toxic Cocktail’  Behaviour 1: Prompt and considered action  Behaviour 2: Honest and consistent communication  Behaviour 3: Emotional connection  Behaviour 4: Inspiration • The Role of HR during Turbulent Times
  12. 12. Copyright © 2014 Centre for Executive Education Pte Ltd www.cee-global.com Talent Marche is an Affiliate Partner of CEE Global Emotional Resilience & Leadership Styles during Turbulent Times
  13. 13. Copyright © 2014 Centre for Executive Education Pte Ltd www.cee-global.com Talent Marche is an Affiliate Partner of CEE Global Emotional Intelligence (EI) & EQ Emotional Intelligence, also called EI and often measured as an Emotional Intelligence Quotient (EQ), describes an ability, capacity, or skill to perceive, assess, and manage the emotions of one's self, of others, and of groups. “Anyone can become angry – that is easy. But to be angry with the right person, to the right degree, at the right time, for the right purpose, and in the right way – that is not easy.” Aristotle in ‘Nicomachean Ethics’ Goleman, D. (1995) Emotional Intelligence: Why It Can Matter More Than IQ. New York: Bantam Books.
  14. 14. Copyright © 2014 Centre for Executive Education Pte Ltd www.cee-global.com Talent Marche is an Affiliate Partner of CEE Global Emotional Intelligence by Goleman “The capacity for recognizing our own feelings and those of others, for motivating ourselves, for managing emotions well in ourselves and in our relationships.” Goleman, D. (1995) Emotional Intelligence: Why It Can Matter More Than IQ. New York: Bantam Books. Goleman, D. (1998) Working with Emotional Intelligence. New York: Bantam Books.
  15. 15. Copyright © 2014 Centre for Executive Education Pte Ltd www.cee-global.com Talent Marche is an Affiliate Partner of CEE Global 15 "A leader's intelligence has to have a strong emotional component. He has to have high self-awareness, maturity and self-control. He must be able to withstand the heat, handle setbacks and when those lucky moments arise, enjoy success with equal parts of joy and humility. Emotional intelligence is more rare than book smarts, but it is actually more important in the making of a leader." Jack Welch, former Chairman & CEO of GE Inc. Speaking to The Wall Street Journal Leadership and EI
  16. 16. Copyright © 2014 Centre for Executive Education Pte Ltd www.cee-global.com Talent Marche is an Affiliate Partner of CEE Global EI and Successful Leaders  Successful 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 transitional skills include EI competencies such as relationship management; cross cultural communication; effective negotiation and conflict management Bawany, S. (2010). ‘Maximizing the Potential of Future Leaders: Resolving Leadership Succession Crisis with Transition Coaching’ In ‘Coaching in Asia – The First Decade’. Creation Publishing LLP. Download e-copy from: http://www.cee-global.com/6/publication
  17. 17. Copyright © 2014 Centre for Executive Education Pte Ltd www.cee-global.com Talent Marche is an Affiliate Partner of CEE Global 17 Hay-Goleman’s Six Leadership Styles 1. Coercive (Directive): “Do what I tell you” 2. Authoritative (Visionary): “Come with me” 3. Affiliative: “People come first” 4. Democratic (Participative): “What do you think?” 5. Pacesetting: “Do as I do, NOW!” 6. Coaching: “Try this” Source: Daniel Goldman, ‘Leadership That Gets Results’, HBR, March-April 2000
  18. 18. Copyright © 2014 Centre for Executive Education Pte Ltd www.cee-global.com Talent Marche is an Affiliate Partner of CEE Global 18 Impact of Leadership Styles  Leaders who have mastered 4 or more styles create the best business performance  The most effective leaders can switch flexibly between leadership styles in response to the situation  Coaching and Authoritative (most effective) along with Affiliative and Democratic & styles have a positive impact on organisational climate  Coercive & Pacesetting generally can have a negative impact on the working environment however may prove to be useful in turnaround or crisis situation Source: Goldman, D., ‘Leadership That Gets Results’, HBR, March-April 2000
  19. 19. Copyright © 2014 Centre for Executive Education Pte Ltd www.cee-global.com Talent Marche is an Affiliate Partner of CEE Global 19 Drivers Of Performance Performance Organizational climate Economic conditions Competitive dynamics This is set by the leader, and has an important effect on the overall performance Leader has little control over these factors
  20. 20. Copyright © 2014 Centre for Executive Education Pte Ltd www.cee-global.com Talent Marche is an Affiliate Partner of CEE Global 20 1. Flexibility: do employees feel free to innovate? 2. Responsibility: how employees relate to organization? 3. Standards: level which are set to develop excellence 4. Rewards: are these appropriate and at market level? 5. Clarity: of mission and values 6. Commitment: to a common purpose (mission/vision) What Is Organizational Climate? Refers to six key factors which influence an organization's working environment:
  21. 21. Copyright © 2014 Centre for Executive Education Pte Ltd www.cee-global.com Talent Marche is an Affiliate Partner of CEE Global In Conclusion: Key to Success  Every company that wants to succeed during turbulent times must recognise that their leaders at every level needs support and must be in tune with external changes and can adapt to the speed and depth of those changes.  Leadership can’t be taught in a classroom alone, but developmental experiences – Executive Coaching, Mentoring, Executive Education Masterclasses, voracious Readings – can accelerate a leader’s growth.
  22. 22. Copyright © 2014 Centre for Executive Education Pte Ltd www.cee-global.com Talent Marche is an Affiliate Partner of CEE Global 22 http://www.youtube.com/watch?v=03o1JZ7c7gI Video on What Makes a Great Leader?
  23. 23. Copyright © 2014 Centre for Executive Education Pte Ltd www.cee-global.com Talent Marche is an Affiliate Partner of CEE Global 23 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…
  24. 24. Copyright © 2014 Centre for Executive Education Pte Ltd www.cee-global.com Talent Marche is an Affiliate Partner of CEE Global 24 Prof Sattar Bawany CEO, Centre for Executive Education (CEE Global) C-Suite Master Executive Coach, EDA Inc. Master Facilitator & Strategic Advisor, IPMA Asia Pacific Email: sattar.bawany@cee-global.com Articles: http://www.cee-global.com/6/publication Slideshare: www.slideshare.net/cee-global LinkedIn: www.linkedin.com/in/ceeglobal Facebook: www.facebook.com/ceeglobal Twitter: www.twitter.com/cee_global Further Dialogue on Social Media
  25. 25. CEE Executive Briefing on Results-Based Leadership during Turbulent Times’ – 29 May 2014 Page 1 Executive Briefing “RESULT-BASED LEADERSHIP DURING TURBULENT TIMES” Thursday, 20th May 2014 at 3:30 to 5:30 pm CityHub, 20 Collyer Quay, #23-01 (Conference Room) THE NEW BUSINESS REALITIES Business leaders face huge challenges during turbulent times including period of prolonged economic recession. Qualities such as courage, self-confidence and the ability to make tough commercial decisions under pressure all come to the fore. Less widely appreciated and understood is the crucial psychological and emotional role that leaders must play during periods of acute uncertainty if they are to optimize the long-term performance of their business. Leaders must understand the dynamics that lie "below the surface" of their organisations and skilfully address the unspoken needs of their staff. This takes maturity and skill but will maximize the chances of weathering the economic storm and emerging strengthened when times improve. Those businesses that do not achieve this will find their commercial problems compounded by destructive internal dynamics and underperformance. While leaders may have had setbacks during their career, most will not have experienced a global downturn. They face a steep learning curve if they are to succeed in the new business environment. Managers who harness this unprecedented opportunity for growth, development, and collaboration, and build bridges between different generations of employees as well as leveraging on the repertoire of the various effective leadership styles, will thrive in particular in today’s turbulent economic landscape. Many managers mistakenly assume that leadership style is a function of personality rather than strategic choice. Instead of choosing the one style that suits their temperament, they should ask which style best addresses the demands of a particular situation. Daniel Goleman brought the notion of "Emotional Intelligence” (EI) and “Emotional Quotient” (EQ) to prominence as an alternative to more traditional measures of IQ with his 1995 mega-best-seller Emotional Intelligence. According to Goleman, "A leader's singular job is to get results”. But even with all the leadership training programs and "expert" advice available, effective leadership still eludes many people and organisations. One reason, says Goleman, is that such experts offer advice based on inference, experience, and instinct, not on quantitative data. Research has shown that the most successful leaders have strengths in the following emotional intelligence competencies: self-awareness, self-regulation, motivation, empathy, and social skill. There are six basic styles of leadership; each makes use of the key components of emotional intelligence in different combinations. The best leaders don’t know just one style of leadership—they’re skilled at several, and have the flexibility to switch between styles as the circumstances dictate. Each style has a distinct effect on the working atmosphere of a company, division, or team, and, in turn, on its financial performance. The styles, by name and brief description alone, will resonate with anyone who leads, is led, or, as is the case with most of us, does both. Commanding leaders demand immediate compliance. Visionary leaders mobilize people toward a vision. Participative leaders create emotional bonds and harmony. Democratic leaders build consensus through participation. Pacesetting leaders expect excellence and self-direction. And coaching leaders develop people for the future.
  26. 26. CEE Executive Briefing on Results-Based Leadership during Turbulent Times’ – 29 May 2014 Page 2 Managers often fail to appreciate how profoundly the organizational climate can influence financial results. It can account for nearly a third of financial performance. Organizational climate, in turn, is influenced by leadership style—by the way that managers motivate direct reports, gather and use information, make decisions, manage change initiatives, and handle crises. There are six basic leadership styles. Each derives from different emotional intelligence competencies, works best in particular situations, and affects the organizational climate in different ways. The Leader need to enhance their understanding of generational characteristics and the impact of their own management practices on each of these groups. They need to leverage on the strengths of each generation. Taking full advantage of the multi-generational workforce will enable employers to effectively attract and retain employees, build teams, deal with change, and increase employee engagement (Bawany, 2013) 1 . Emotional intelligence can be defined as the ability to assess or capacity to perceive and manage the emotions of one’s self and others around you. The diversity of a multi-generational workforce demands that leaders adapt their communication style and methods for their message to be understood. The ability to empathize, put yourself in someone else’s situation allows leaders to tailor compelling messages that resonate with each unique generational perspective to inspire action. Hour to hour, day to day, week to week, executives must play their leadership styles like a pro—using the right one at just the right time and in the right measure. The payoff is in the results. Figure 1 – Results-Based Leadership Framework 1 Sattar Bawany (2013), “Making Results-based Leadership Work in Singapore” Singapore Business Review, 12 February 2013, http://sbr.com.sg/hr-education/commentary/making-results-based-leadership-work-in-singapore Organisational Results Employee Engagement Organisational Climate Leadership Effectiveness Customer Engagement • Profitability • ROI • Cost Optimisation • Customer Satisfaction/Loyalty • Service Value/ Relationship • Employee Satisfaction/Loyalty • Employee Turnover Rate • Company Culture, Policies • Rewards and Flexibility • Employee Value Proposition • EQ/EI Competencies • Leadership Styles • Ontological Humility • Level 5/Servant Leadership
  27. 27. CEE Executive Briefing on Results-Based Leadership during Turbulent Times’ – 29 May 2014 Page 3 WHAT HAPPENS TO ORGANISATIONS DURING TURBULENT TIMES? The suddenness and severity of the current economic downturn has inevitably generated a shared sense of shock and foreboding. The media's relentless reporting of the latest bad news fuels this mood. The loss of household names like Woolworths and Wedgewood only adds to of a sense of insecurity and lack of confidence in the future. In 2008, a leading psychologist linked the endless flow of economic bad news to a widespread sense of helplessness, also blaming the recession for an increased risk of injury and stroke (Devlin, 2008). Within organisations, negative feelings are compounded as colleagues interact. Research and experience demonstrate that feelings and states of mind are highly contagious. Daniel Goleman, who developed the concept of emotional intelligence, recounts experiments showing just how quickly a strongly-expressed emotional state is transferred from one person to another (Goleman et al., 2001). In the workplace, all employees can be influenced by a prevailing mood of anxiety, which gradually dominates the organisational "system". Negative thoughts and feelings predominate while more positive views become subtly excluded or difficult to express. This creates an intangible but powerful emotional backdrop that can be termed "systemic anxiety". This negative dynamic is exacerbated by pressure on staff to work longer and harder. Many organisations control costs by cutting resources and jobs but aim to maintain output. Extra demands are placed on the remaining employees who generally feel unable to refuse. Frequently they are also expected to demonstrate new levels of flexibility, covering the work of former colleagues or adapting to new working methods. This fuels longer working hours and associated problems. During a recession, workers are also likely to undergo repeated experiences of loss. This is an inevitable consequence of the cutbacks, project cancellations, job freezes, redundancies and retrenchment businesses engage in to survive. In his book Managing Transitions, Bridges emphasizes that change - even when desired - always involves a loss (Bridges, 2003). This is more significant when change is unwelcome and imposed from outside. Feelings of sadness, anger and guilt prevail. ORGANISATIONAL CONSEQUENCES OF THE 'TOXIC COCKTAIL' Combined, the powerful dynamics described above form a "toxic cocktail" that threatens morale and performance. It generates damaging behavioural and attitudinal changes within organisations. Among other things, this leads to more:  Short-term thinking  Presenteeism  Absenteeism through sickness, stress and depression  Addictive behaviours  Rumours  Politics  Defection of valuable employees There is likely to be a decrease in the following:  Morale  Motivation  Clarity around task priorities  Work-Life Balance  Productivity  Innovation and risk-taking  Long-term and reflective thinking
  28. 28. CEE Executive Briefing on Results-Based Leadership during Turbulent Times’ – 29 May 2014 Page 4 THE PSYCHOLOGICAL ROLE OF LEADERS DURING TURBULENT TIMES Behaviour 1: Prompt and considered action When an organisation enters turbulent times, the first behaviour its leaders must demonstrate is a prompt and energetic response to the difficulties facing it. The workforce needs to know that its leaders recognize the seriousness of the situation and are addressing it. However, the leaders' actions must not be the result of impulse or panic. Leaders should immediately announce that they are making the problems their absolute priority while explaining that they need time to finalize the best course of action. Behaviour 2: Honest and consistent communication Though reassured by seeing their leaders "in action," employees will inevitably be preoccupied with what the downturn means for them. In the absence of reliable information, rumours and speculation flourish. To reduce these and build trust, leaders should provide honest and timely information (within appropriate constraints) about the challenges facing their business and the measures that may need to be taken as a result. Being rigorously honest takes considerable maturity on the leader's part, particularly if they are people- focused and find conflict difficult. Many choose to delay or dilute bad news in order to "avoid worrying and demotivating" the workforce. This view often reflects (and rationalizes) the leader's own discomfort, anxiety or guilt at being the bearer of negative messages. However, employees read the economic signs and will almost invariably expect some bad news. During a downturn, managers are continually asked about possible redundancies even when there is no intention of cutting jobs. People suffer most from uncertainty and would prefer to know the worst than to imagine it. Behaviour 3: Emotional connection A speedy response and honest communication are not enough to maximize "containment". Leaders must also maintain an emotional connection with their workforce. They must:  Acknowledge the painful impact of bad news on their workforce and resist moving on too quickly to something more positive out of discomfort, guilt or insensitivity.  Find an authentic way of disclosing some of their own sadness, concern or disappointment so employees know they genuinely care.  Let staff vent their feelings, listen and empathize - even though they cannot make the bad news go away. He offered particularly affected individuals one-to-one meetings, listening to and acknowledging their feelings. This leader's respect for his staff's need to process bad news, express their emotions and feel heard was deeply appreciated. His actions generated great loyalty and people were able to recover more quickly as a result. Behaviour 4: Inspiration The most impressive leaders go one step further. While remaining realistic about tough conditions, they find a way to motivate and inspire their followers to perform. To achieve this, they must draw on deep reservoirs of leadership energy, fuelled by a powerful combination of self-confidence, personal humility, passion and belief in the future. This fourth behaviour must be founded upon the three previous leadership behaviours action, honesty and empathy. It is only when a leader has demonstrated these that their "call to arms" will be experienced as truly authentic and compelling.
  29. 29. CEE Executive Briefing on Results-Based Leadership during Turbulent Times’ – 29 May 2014 Page 5 A female CEO in the banking sector recently delivered just such a message to her top 100 executives. It was honest and bracing in its acknowledgement of the tough economic times to come and she made clear how much she was expecting from her top team. She also shared, with real passion, her belief that the organisation she led had the capability and will - through relentlessly focusing on the needs of its customers - to weather this challenging period with results and reputation intact and to emerge as "one of the winners". The palpable buzz and enthusiasm that infused the room illuminated what can happen when a leader gets this fourth behaviour right. THE ROLE OF HR IN TURBULENT TIMES Few leaders find that these four behaviours come naturally. For most, they must be learned and practiced. This can be particularly challenging during tough times, as leaders themselves are not immune to the toxic cocktail of negative organisational dynamics and many feel anxious, burdened and exposed. HR partners who enjoy their leaders' trust can play a central role here. HR should remember that leaders risk reverting to earlier, less skilful versions of themselves under pressure. The task-focused leader who has learnt the importance of maintaining good relationships may revert to "tell" mode under pressure and become impervious to the feelings of others. The people-focused leader who has learnt to confront difficult interpersonal situations may revert to avoiding tough conversations. Some may find their working hours spiralling out of control in the maelstrom of task demands and be unable to switch off. This in turn erodes their capacity to mobilize the emotional intelligence necessary to deliver the leadership that turbulent times demand (Loehr and Schwarz, 2001). Specific ways in which HR professionals can help include:  Presenting leaders with an analysis of the psychological, emotional and behavioural impact of the downturn on their organisation.  Emphasizing the leaders' role in helping staff feel contained in the midst of the toxic cocktail of negative dynamics.  Identifying, coaching and supporting those leaders best able to demonstrate the four key behaviours.  Identifying those who are struggling and, where possible, coaching them to gain insight and behave more effectively, and  Providing an emotional outlet for leaders to offload their own negative emotions, whether distress, anxiety, anger or guilt. One organisation has addressed these needs by having a dedicated, senior HR professional supporting and coaching the board around these issues. This was achieved through other, less strategically-critical HR projects being put on hold. Another executive team has asked a trusted coach for specific, focused consultancy in this area. Both approaches appear to be paying dividends in terms of leadership performance and the morale and productivity of the workforce. Conclusion: Looking to the future Together, the leadership behaviours described will provide a sense of psychological safety and emotional containment in organisations undergoing great uncertainty, instability and often painful change. Leaders cannot avoid or prevent painful events affecting their people. However, with the support of HR, they can take charge of threatening situations with alacrity and resolve. They can deal honestly with their people, convey genuine empathy and create a powerful sense of hope in the future. Leaders who achieve this will help staff deal more effectively with difficult experiences and inspire tremendous loyalty and trust. They will also succeed in focusing the energy of the workforce on the job in hand, helping their organisations to emerge successfully from recession when the conditions for economic growth return.
  30. 30. CEE Executive Briefing on Results-Based Leadership during Turbulent Times’ – 29 May 2014 Page 6 ABOUT YOUR KEY NOTE SPEAKER – PROFESSOR SATTAR BAWANY Professor Sattar Bawany is Chief Executive Officer of the Centre for Executive Education (CEE) and Master Facilitator of Learning Minds! Group (LMG). He is also the Managing Director as well as Master Executive Coach & Facilitator with Executive Development Associates Inc. EDA is a global leader in executive development including executive coaching solutions to Fortune 500 organisations. Prof Bawany is also concurrently the Strategic Advisor & Member of International Professional Managers Association (IPMA) Board of Trustees and Governing Council. Prof Bawany is an Adjunct Faculty Member of Harvard Business School’s Corporate Learning as well as Duke University Corporate Education (CE). He was also the immediate past Co-Chair of the Human Capital Committee of the American Chamber of Commerce in Singapore (AmCham Singapore). He is also a member of Frontier Strategy Group’s Expert Advisory Network (EAN) for Human Capital and Talent Management issues in Asia Pacific advising CEOs and CHROs of global and regional organisations. Prof Bawany has assumed various senior management roles including Managing Director/Country Head and Talent Development/Coaching Practice Leader for DBM Asia Pacific as well as Business Leader, Organisational Effectiveness/Leadership Development Consultant and Executive Coach with Mercer HR Consulting, The Hay Group, The Forum Corporation and Mercuri International. Prof Bawany is an astute advisor to executives who need to know how they are perceived and want to focus on what is most important in their professional and personal lives. He has coached a range of leaders, from CEOs, to senior vice presidents, and high potential managers. Prof Bawany’s passion for people and culture is about creating an environment where employees are valued and emotionally engaged in the business. He has successfully worked with extensive number of public and private organisations regionally and internationally specialising in people and culture through transformational change, starting with the ‘end’ in mind! He is an experienced facilitator and has spent many years developing leadership capability through the delivery of structured talent management, leadership development programs including executive coaching. He is a Graduate of Corporate Coach U and a Licensed Coaching Clinic Facilitator. He is certified in the administration and application of various psychometric instruments including the Extended DISC®, Myers- Briggs Type Indicator™ (MBTI), Bar-On EQ 360™ and EQ-i™. He is also certified in the administration and application of the MRG’s suite of instruments including “Leadership Effectiveness Analysis™” (LEA 360 Assessment tool) and “Strategic Leadership Development”. He is also accredited in the administration and application of the Benchmarks® and Skillscope® Profiling Instruments. He holds an Executive MBA and a Bachelor in Business Administration (Marketing). He is currently pursuing his PhD in Business Administration and his Doctoral Research is on ‘The Impact of Executive Coaching on the Personal & Professional Development of Leaders”. Prof Bawany is a Fellow of International Professional Managers Association (IPMA) and The Chartered Institute of Marketing (CIM). He is a Professional Member of the Society of Human Resource Management (SHRM) and the Chartered Institute of Personnel and Development (CIPD). He is also a Practicing Member of the International Coaching Federation (ICF) and International Association of Coaching (IAC). Contact Details: Email: sattar.bawany@cee-global.com Facebook: www.facebook.com/ceeglobal LinkedIn: www.linkedin.com/ceeglobal YouTube: www.youtube.com/ceeglobal
  31. 31. I n essence, the heart of the leadership challenge that confronts today’s leaders is learning how to lead in situations of ever greater volatility and uncertainty in a globalised business environment, allied with the needs to deal with scale, complexity and new organisational forms that often break with the traditional organisational models and structures within which many have learned their ‘leadership trade’. So the basic assumption that past experience is the key for future leadership success is more open to scrutiny than ever. Leadership is an art and a science. It is an art because it continually evolves, changes form, and requires creativity. It is a science because there are certain essential principles and techniques required. A good leader knows when it is time to change shape because they are highly attentive to those around them. Coming from a position of strength, a great leader takes risks by freeing up the creative genius in their followers to build their capability and multiply the talents of the organization.This leads to community and greatness. By powerfully communicating a vision that animates, motivates, and inspires followers, a great leader is able to transform his or her organization. The New Realities: Results-Based Leadership We are operating in a hypercompetitive business environment. The world moves faster today when compared to 10 years ago. Companies feel the pressure to decrease time to market and improve the quality of products while delivering on ever-changing customer expectations to maintain competitive posture – that is, be adaptive and nimble. Driving results is difficult even for companies who have the benefit of dedicated and knowledgeable employees and business leaders to leverage. In the early years leadership studies, the so-called “trait theory” took the view that there is a set of traits that separates the leader from the pack. Traits purported to be characteristic of leaders included intelligence, a drive to dominate others, being extroverted and having charisma. Today, people often point to the importance of emotional intelligence in achieving leadership effectiveness. Thereisgrowingevidencethattherangeof abilitiesthatconstitute what is now commonly known as emotional intelligence plays a key role in determining success in life and in the workplace. Recent research has uncovered links between specific elements of emotional intelligence and specific behaviors associated with leadership effectiveness and ineffectiveness. Flexible leadership, however, involves being able to adapt your leadership style according to the situation and the state of the team - e.g.: taking charge when a team is forming but playing the role of coach when a team is managing itself well.This is critical in developing and sustaining employee engagement. There are six distinct leadership styles, each one springing from different components of emotional intelligence. Organizations need leaders to visualize the future, motivate and inspire employees, and adapt to changing needs. On-going research indicates that, with the right leadership development support including executive coaching, those with leadership potential can be developed into outstanding leaders. Emotional Intelligence competencies are perhaps the most challenging for leaders to develop effectively and yet it is the one that often has the most impact. As emotionally intelligent leaders rise through the ranks of an organization, their profile becomes more visible to employees and their increased power can have greater impact. Conclusion: Connecting leadership and communication A leader must be able to communicate effectively. When CEOs and other senior executives in all industries and countries are asked to list the most important skills a manager must possess, the answer consistently includes good communication skills. Effective communication is an essential element of leadership. Leaders are communication champions who inspire and unite people around a common sense of purpose and identity. They lead strategic conversations that get people talking across boundaries about the vision, key strategic themes, and the values that can help the group or organization achieve desired outcomes. Leader communication is purpose-directed, and an important element is persuading others to act in ways that achieve goals and accomplish vision. Four steps for practicing the art of persuasion are to establish credibility, build goals on common ground, make your position compelling, and connect with others on an emotional level. As an effective leader, communication is the primary and most important tool. There is no substitute for good judgement, and change leaders need to be reflective and thoughtful about the ways they communicate. There is also no substitute for ‘Active Listening’, and receiving feedback from the staff and colleagues about how the leader communicates. Prof Sattar Bawany Senior Advisor of EduquestIndia Institute Pvt Ltd and CEO of Centre for Executive Education DEVELOPING RESULTS-BASED LEADERSHIP “Good leaders make people feel that they’re at the very heart of things,not at the periphery.Everyone feels that he or she makes a difference to the success of the organization.When that happens people feel centered and that gives their work meaning”. - Warren G. Bennis, an American scholar, and Author of ‘On Becoming a Leader’ and widely regarded as a pioneer of the contemporary field of Leadership studies. Thought Leaders The Author can be contacted at sattar@eduquest.com.sg 8 BUSINESS MANDATE | SEP-OCT 2013 FOUNTAINHEAD OF EXCELLENCE
  32. 32. Invitation for Executive Briefing / Networking Session “Results-Based Leadership during Turbulent Times” Key Note Speaker: Professor Sattar Bawany TalentMarché is proud to be an Affiliate Partner of CEE Global. Join TalentMarché and CEE for this session. Prof Bawany is the Chief Executive Officer, Master Executive Coach, of Centre for Executive Education. He is also the Managing Director of EDA Asia Pacific and Strategic Advisor of IPMA Asia Pacific. He has over 30 years’ international business management experience, including 20 years in executive coaching, group facilitation, and leadership development and training with global management consulting firms. He also has assumed various senior management roles (both in business and consulting) including Managing Director and Talent Development/Coaching Practice Leader for DBM Asia Pacific, Mercer HR Consulting, The Hay Group, The Forum Corporation and Mercuri International. He is an astute advisor to executives who need to know how they are perceived and want to focus on what is most important in their professional and personal lives. He has coached a range of leaders, from CEOs, to senior vice presidents, and high potential managers. Prof Bawany’s passion for people and culture is about creating an environment where employees are valued and emotionally engaged in the business. "A leader's singular job is to get results” Daniel Goleman, Leadership That Gets Results, Harvard Business Review,March – April 2000. Business leaders face huge challenges during turbulent times including period of prolonged economic recession. Qualities such as courage, self-confidence and the ability to make tough commercial decisions under pressure all come to the fore. Less widely appreciated and understood is the crucial psychological and emotional role that leaders must play during periods of acute uncertainty if they are to optimize the long-term performance of their business. Even with all the leadership training programs and "expert" advice available, effective leadership still eludes many people and organizations. Drawing on research of more than 3,000 executives, Daniel Goleman explored how leadership behaviours can yield positive results even during times of uncertainty. In his landmark HBR article, he outlined 6 distinct leadership styles, each one springing from different components of emotional intelligence. The effective leaders don’t know just one style of leadership—they’re skilled at several, and have the flexibility to switch between styles as the circumstances dictate. Join us in an interactive session by TalentMarché and CEE to discuss best practices and share insights on strategic leadership development, as well as network with your fellow HR Professionals & Business Leaders. Venue: CITYHUB @ Raffles Place Address: 20 Collyer Quay, #23-01 (Conference Room) Date: Thursday, 29th May 2014 Time: 3:30 to 5:30 pm Fee: By Exclusive Invitation only. For further details, please contact Trina at TalentMarché International on (65) 9762-6997. Please complete the details below and email it back to mailto:Events@talentmarche.com by Friday 2nd May 2014. Name: Position: Company Name: Mobile Number: During the session, Prof Bawany will share with you:  What are the various leadership styles that will have a distinct effect on the working atmosphere of a company, division, or team, and, in turn, on its financial performance  Why Emotional Intelligence competencies are perhaps the most challenging for leaders to develop effectively, and yet often, it has the most impact during times of uncertainty  How successful leaders at all levels lead, motivate and engage others to achieve sustainable organizational results during times of uncertainty.

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