Able Engineering & Welch Way: Aligning Employees to Strategy through Leadership in Action
 

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Lee Benson, Able Engineering's CEO, says that Jack Welch is like "Miracle-Gro" for leaders. The Welch Way management development program has significantly changed his entire organization's ...

Lee Benson, Able Engineering's CEO, says that Jack Welch is like "Miracle-Gro" for leaders. The Welch Way management development program has significantly changed his entire organization's conversation around leadership, execution and strategy while delivering huge cost savings. Hear what Lee has to say about how Welch Way has accelerated their leadership development to support more than 10 straight years of growth.

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  • Each Welch Way program take approximately 8-10 hours to complete and follows the following structured format: <br /> - Programs all begin with a keynote video from Jack to introduce the topic. <br /> A self-assessment provides a series of reflective questions to help the learner begin thinking about the topic. <br /> The video-based core content provides the essential learnings for each section of the program. <br /> Learners are then brought to the playbook which can be printed out and used to immediately apply the actionable learnings within their organization. <br /> A final assessment tests each learners knowledge of the core concepts. <br /> Additional guides are in development and will be included for facilitators, team coaches and participants. <br />

Able Engineering & Welch Way: Aligning Employees to Strategy through Leadership in Action Presentation Transcript

  • 1. © 2014 Skillsoft Ireland Limited © 2014 Skillsoft Ireland Limited Able Engineering and Welch Way Aligning Employees to Strategy through Leadership in Action
  • 2. © 2014 Skillsoft Ireland Limited What We Know About Leadership Today  75% of respondents to Leadership Development Benchmarking survey said their programs are not very effective.  3/4 of leadership teams fail to achieve business goals  6 out of 10 global executives cite ‘lack of leadership’ as a cause of their company’s inability to deal with changes  Only 50% view their midlevel leaders as highly capable  Only 30% view their first-line leaders as highly capable  Only 28% of organizations transition leaders well  Able Engineering set out to defy the statistics. 2 Source: Five Trends in Leveraging Leadership Development to Drive a Competitive Advantage by Bersin by Deloitte 2013 Source: Leadership: The State of Development Programs 2013, by Brandon Hall Group
  • 3. © 2014 Skillsoft Ireland Limited 2002: 80 Employees / $8M in Sales 2014: 450+ employees / $68M in sales Able Engineering: 12 Years of Growth 10 years straight of 20%+ CAGR on average
  • 4. © 2014 Skillsoft Ireland Limited Able and Welch: A Foundation for Growth  Able has used Jack Welch’s foundational ideologies and methodologies to get extraordinary results since 2003.  The Welch Way programs hold employees accountable to performance and culture in a transparent way to and develop highly effective leaders at all levels.
  • 5. © 2014 Skillsoft Ireland Limited Jack Welch’s singular business insights that provide a proven game plan for success , which cuts through theory and gives users practical, immediate actionable management skills  Timeless Teachings  Immediate Applicability  Interactive Learning 5 What is the “Welch Way” If you could have Jack Welch coach your team, wouldn’t you take him up on it?
  • 6. © 2014 Skillsoft Ireland Limited Each of the six programs is divided into modules focused on mission-critical management skills and comprise: Jack Welch keynote videos Reflective questions Video-based core content Playbooks for actionable steps Assessments Coach’s, facilitator, participant guides Approximately 8-10 hours of content per program 6 Welch Way Program Structure Takeaways A Plan of Action
  • 7. © 2014 Skillsoft Ireland Limited Welch Way’s initial offering focuses on the most mission-critical dimensions of management through six comprehensive programs:  Leadership in Action  Change Management  Creating a Winning Strategy  Managing Your Team  Finance for Managers (available Q2)  Operational Excellence (available Q2) 7 Welch Way Programs
  • 8. © 2014 Skillsoft Ireland Limited Able Engineering and Welch Way  60+ leaders have participated in Leadership in Action and Creating a Winning Strategy, with clear impact:  Improved annual strategic planning sessions.  Established intentional culture based on Mission, Behaviors and Leadership Traits that connect directly to measurably improved business results.  Teamwork, collaboration, innovation and communication have all improved.  Business growth and profitability have accelerated. 8
  • 9. © 2014 Skillsoft Ireland Limited Measurable Goals with Welch Way 9 Able Engineering Goal Result 1) Connect 100% of employees to strategy Fully accomplished 2) Goal for all of the employees to collectively uncover 140,000 hours of capacity in one year (in the spirit of Welch Way program teaching us to “find a better way every day) Exceeded goal* 3) Connect 100% of employees to our alignment tools (Mission, Vision, Quality Policy, Behaviors & Leadership Traits) in a way that shows measurable results from each employee applying these alignment tools in their job. Fully accomplished 4) Establish Leadership Traits to have consistent leadership throughout the organization. Fully accomplished * Uncovered 200,000+ hours of capacity, equated to 100 people we didn't have to hire to handle the growth.
  • 10. © 2014 Skillsoft Ireland Limited Welch Way: Aligning Leaders at all Levels 10 “Within 48 hours of assigning Welch Way to 20 senior leaders, the conversation completely changed around leadership, execution, and strategy. And, within a few days after that, an additional 40 leaders proactively asked to take the program. The conversation now is entirely companywide throughout all levels of leadership, and even at the front line supervisor level.” Lee Benson CEO of Able Engineering and ETW
  • 11. © 2014 Skillsoft Ireland Limited Thank You! For more information or to learn more: Leadershipsales@skillsoft.com 11