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6 Global Research Insights: Building Successful Teams

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6 Global Research Insights: Building Successful Teams by LeaderBoom Inc.

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6 Global Research Insights: Building Successful Teams

  1. 1. 6 G LO B A L R E S E A R C H I N S I G H T S : B U I L D I N G S U CC E S S F U L T E A M S www.leaderboom.com info@leaderboom.com Toll Free: 1-855-818-2666
  2. 2. 2  Timeline: August 2012- August 2014  50 Research Participants  Survey: In Person Interviews, Telephone, Skype, Email  Semi-Structured: Open-Ended Questions  Objective: Yield Specific and Useful Answers LeaderBoom – Global Research Methodology
  3. 3. 3 LeaderBoom – Global Leadership Research Source: LeaderBoom Research, 2012-2014 Research Participants- Countries of Residence
  4. 4. 4 LeaderBoom – Global Leadership Research Participants Source: LeaderBoom Research, 2012-2014 Diverse Range of Industries and Sectors
  5. 5. 5 LeaderBoom – Global Leadership Research Participants Source: LeaderBoom Research, 2012-2014 Diverse Range of Roles
  6. 6. 6 LeaderBoom – Global Leadership Research Participants Career Experience (years)Gender Source: LeaderBoom Research, 2012-2014
  7. 7. 7 “A systemic and recurring corporate challenge is to identify individuals who have the ability to lead diverse teams (multi-cultural, multi-generational, and multi-functional), towards goal execution” LeaderBoom – Common Global Leadership Challenge LeaderBoom Inc.
  8. 8. 8 LeaderBoom – Six Global Research Insights 1. Leadership challenges facing Multi-National Corporations 2. Role organizations should play to develop global leaders 3. Effective strategies for building high performing teams 4. Strategies for unlocking diverse team potential 5. ROI from successfully leading diverse teams 6. Required attributes of effective 21st Century leaders
  9. 9. 9 LeaderBoom – Global Leadership Research Insights • Labor Force Skill Shortage- Do I have the right talent to keep my business growing over the next five years? Is the leadership talent in my own backyard? • Alignment of Goals in Multi-Cultural and Multi-Generational Teams (overcoming barriers to alignment) • Dealing with the accelerated complexity of the new world (shifting economies, demographics , technology, populations) • Creating sustainable value for customers, workforce and shareholders (locally meaningful and universally available) • Reacting and adapting to change • Communication across functions, cultures and geographies (i.e. no more we and them…it’s all of us) 1. Leadership challenges facing Multi-National Corporations
  10. 10. 10 LeaderBoom – Global Leadership Research Insights • Encourage workplace innovation and workforce inspiration to drive value and sustainable competitive advantage • Establish internal values and goals that are widely shared and replace traditional command and control management systems. • Deploy practices that are based on freedom, innovation and self-determination. • Promote organizational alignment and transparency; mission, values, structure, culture, systems. Fix the gaps and build a culture of trust. • Encourage group intelligence, collaboration and creativity, versus command and control style hierarchical leadership • Create flatter structures and engage all levels of leadership in peer training, reverse-mentoring and collaborative coaching 2. Role organizations should play to develop global leaders
  11. 11. 11 LeaderBoom – Global Leadership Research Insights • Set up rules for engagement, get the team engaged from the very beginning-celebrate success. • Invest up front time to learn about your team, their individual and group needs. Set group norms for Communicating, Collaborating , Managing Conflict and Change. • Build trust in multi-diverse teams by creating an environment in which everyone feels valued, accountable and openly shares their views • Create opportunities to discuss team values , mission and goals; otherwise coherence and collaboration are difficult to achieve. • Build an inclusive and open environment where the team is encouraged to share and respect diverse points of view. 3. Effective strategies for building high performing teams
  12. 12. 12 LeaderBoom – Global Leadership Research Insights • Build an environment in which risk taking is encouraged, information is broadly shared, contentious opinions are freely expressed and messengers of bad news are not punished but rewarded. Mistrust demoralizes, fear will paralyze. • Set time apart and listen to each individual: Value everyone who contributes, ask questions on how they would resolve the challenge, show interest in the individual and be curious; like people. • Communicate over and over again by a consistent story; encourage questioning and keep a focus on joint problem solving • Create Freedom with in a Framework – not an operations manual with detail process steps. Leave room for creativity to unfold that every culture brings to the table. 4. Strategies for unlocking diverse team potential
  13. 13. 13 LeaderBoom – Global Leadership Research Insights • Differentiate from competitors by achieving client, employee and shareholder satisfaction • Drive sustainable organizational value by increasing revenues and reducing costs • Create trust in relationships and open doors to new markets. • Execute faster and more efficiently- time to market improvement. Liberates creativity and increases employee engagement through improved collaboration and exchange of ideas • ROI benefit is perpetuated when good leadership happens on all levels and across the lifecycle of a business. It’s about teaching people how to make others successful. 5. ROI from successfully leading diverse teams
  14. 14. 14 LeaderBoom – Global Leadership Research Insights • Interpersonal skills are the new currency i.e. listening, communication, collaboration, adaptability • Willingness to create the future, strong self-awareness; innovative, inventive and solution focused • Enjoys building team potential as much as achieving the goal itself • Patient, for the most part and can objectively compare cultures- see and leverage diversity as an advantage • Democratic and ethical, tolerates ambiguity and is not threatened by change • Results orientation, generalist (vs. specialist), challenges status quo and creates organizational value 6. Required attributes of effective 21st Century leaders
  15. 15. To learn more about our ground-breaking programs and executive coaching services visit www.leaderboom.com, email info@leaderboom.com or call us at 1-416-699-2666

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