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Published reports by the IMF, World Bank, OECD and other
reputable institutions have consistently found that the global economy
is in the midst of a decade long slow growth environment which is
characterized by an imminent productivity growth crisis. Regrettably
the growth outlook for 2017 shows a continuation of this trend glob-
ally. The looming labor shortage and skill deficiencies in emerging
Asia Pacific markets such as Singapore will add further challenges to
economic prospect in this region. However a projected stabilization
in energy and commodity prices may provide a breather for resource
rich countries.
Businesses have to prepare for more disruptions from geopolitical
tensions, policy uncertainty, financial market volatility, and rapid
changes in technology, but they also need to stay focused on leveraging
the qualitative sources of growth with investment in technology and
business productivity even in turbulent times. However, to certain
extent, the feeling of certainty and consensus is evolving in parallel
with the sense of rapidly growing complexity of the global business
environment and the sustainability field. As the global affairs and
sustainability agendas become increasingly interconnected, a growing
array of issues – from falling oil prices, terrorist threats and geopolitical
instability (in the South China Seas) to rising inequality, enduring
corruption and the migrant crisis (to a lesser extent) – pose increasing
risks for business and sustainability alike, underscoring the need for
more collaboration and systemic responses from both the governments
and businesses alike globally.
Recommendation on Meeting the Leadership Challenges
There would be a need to further develop the relevant leadership
competencies and skills to deal with this brave new world which is
increasingly more volatile uncertain, complex and ambiguous (VUCA).
For few it is probably a case of learning how to put them into practice
in a new context. So as we move into 2017, let’s take a look at what
we need to do differently or enhancing our existing leadership and
talent management practices:
Self-Leadership Development: It is evident that conventional
leadership development practices are no longer adequate. You will need
to develop the Next-gen leadership competencies including cognitive
readiness skills set such as metacognition (monitoring and managing
your emotional and mental processes), sensemaking (connecting the
dots), attentional control (mindfulness) amongst others; in order to
meet the challenges in leading your team and organization to success.
These broader leadership skillset will equip you to think and act
globally in a VUCA business environment. You must do so while
embracing cross-cultural diversity and cultivating collaborative rela-
tionships within and outside your industry. These are the hallmarks
of the mindset needed to develop effective global leaders to compete
successfully in the new world.
Putting Employees First Before Customer and Profits: Steady,
long-term competitiveness requires an organization to be committed
to putting employees first and developing quality training programs
that are linked to its strategic objectives. Without a true commitment
to the employees at all levels throughout an organization, the journey
to enhance organizational performance will be an elusive adventure.
Quality employees equate to organizational success. Unqualified and
poorly trained employees equate to organizational failure.
An organization’s employees have always made the difference
between a truly successful organization and a mediocre entity, but it’s
amazing how often managers overlook or discount this fundamental
recipe for economic survival. Organizations with cultures that focus
on their people and that invest in their future will in the long-run,
be more competitive than cultures that view employees as mere costs
to be reduced in times of trouble. This is the premise of the “Results-
based Leadership” operating philosophy.
Create a Corporate Coaching Culture: Introducing coaching
competencies into an organization is a very powerful strategy to create
an adaptive workplace culture committed to the ongoing process of
development and learning. Companies that have developed a coaching
culture report significantly reduced staff turnover, increased produc-
tivity, greater happiness and satisfaction at work.
Leaders, who coach their teams through change, rather than issuing
directives, encourage employees to take control of their workload and
targets. This helps create advocates of change who feel that they have a
say in the direction of the organization, particularly important when
they might be feeling out of control of their future when operating
in a VUCA world. Ultimately, research has consistently shown that
developing a coaching culture helps organizations achieve their strategic
objectives as well as enhance their business outcomes.  
Developing towards a High Performance Organization (HPO):
This new and different environment is challenging leaders to find new
ways to lead their organizations and achieve sustained success.The
recommended business and leadership practices stated earlier could be
viewed as drivers for development of high-performance organizations
(HPO). To succeed in this new world, focusing on the development
of organizational and people capabilities that drive financial and op-
erational performance will enable companies to execute their strategy
more effectively towards achieving sustainable organizational results
(See Figure 1). This would enable leaders to navigate unfamiliar, chal-
lenging times, a quickening pace of change, increasing expectations,
and a rising tide of rapidly-evolving conditions. LE
Figure 1: Framework for Development of High Performance
Organization (HPO)
Leading For Success In 2017
Be prepared for a greater VUCA world
By Sattar Bawany
FEATURE
13Submit your ArticlesLeadership Excellence Essentials presented by HR.com | 01.2017
Prof. Sattar Bawany is the CEO & Certified C-Suite Master Executive
Coach of Centre for Executive Education (CEE). CEE offers human capital
management solutions for addressing challenges posed by a multigenera-
tional workforce including talent management and executive development
programs (hat help nextgen leaders to develop the skills and knowledge to
embrace change in today’s VUCA World.
Visit www.cee-global.com
Connect Prof Sattar Bawany
Follow @sattarbawany
Would you like to comment?
Click here for a good resolution image

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Leading for Success in 2017 in Leadership Excellence_Jan 2017 Issue

  • 1. Published reports by the IMF, World Bank, OECD and other reputable institutions have consistently found that the global economy is in the midst of a decade long slow growth environment which is characterized by an imminent productivity growth crisis. Regrettably the growth outlook for 2017 shows a continuation of this trend glob- ally. The looming labor shortage and skill deficiencies in emerging Asia Pacific markets such as Singapore will add further challenges to economic prospect in this region. However a projected stabilization in energy and commodity prices may provide a breather for resource rich countries. Businesses have to prepare for more disruptions from geopolitical tensions, policy uncertainty, financial market volatility, and rapid changes in technology, but they also need to stay focused on leveraging the qualitative sources of growth with investment in technology and business productivity even in turbulent times. However, to certain extent, the feeling of certainty and consensus is evolving in parallel with the sense of rapidly growing complexity of the global business environment and the sustainability field. As the global affairs and sustainability agendas become increasingly interconnected, a growing array of issues – from falling oil prices, terrorist threats and geopolitical instability (in the South China Seas) to rising inequality, enduring corruption and the migrant crisis (to a lesser extent) – pose increasing risks for business and sustainability alike, underscoring the need for more collaboration and systemic responses from both the governments and businesses alike globally. Recommendation on Meeting the Leadership Challenges There would be a need to further develop the relevant leadership competencies and skills to deal with this brave new world which is increasingly more volatile uncertain, complex and ambiguous (VUCA). For few it is probably a case of learning how to put them into practice in a new context. So as we move into 2017, let’s take a look at what we need to do differently or enhancing our existing leadership and talent management practices: Self-Leadership Development: It is evident that conventional leadership development practices are no longer adequate. You will need to develop the Next-gen leadership competencies including cognitive readiness skills set such as metacognition (monitoring and managing your emotional and mental processes), sensemaking (connecting the dots), attentional control (mindfulness) amongst others; in order to meet the challenges in leading your team and organization to success. These broader leadership skillset will equip you to think and act globally in a VUCA business environment. You must do so while embracing cross-cultural diversity and cultivating collaborative rela- tionships within and outside your industry. These are the hallmarks of the mindset needed to develop effective global leaders to compete successfully in the new world. Putting Employees First Before Customer and Profits: Steady, long-term competitiveness requires an organization to be committed to putting employees first and developing quality training programs that are linked to its strategic objectives. Without a true commitment to the employees at all levels throughout an organization, the journey to enhance organizational performance will be an elusive adventure. Quality employees equate to organizational success. Unqualified and poorly trained employees equate to organizational failure. An organization’s employees have always made the difference between a truly successful organization and a mediocre entity, but it’s amazing how often managers overlook or discount this fundamental recipe for economic survival. Organizations with cultures that focus on their people and that invest in their future will in the long-run, be more competitive than cultures that view employees as mere costs to be reduced in times of trouble. This is the premise of the “Results- based Leadership” operating philosophy. Create a Corporate Coaching Culture: Introducing coaching competencies into an organization is a very powerful strategy to create an adaptive workplace culture committed to the ongoing process of development and learning. Companies that have developed a coaching culture report significantly reduced staff turnover, increased produc- tivity, greater happiness and satisfaction at work. Leaders, who coach their teams through change, rather than issuing directives, encourage employees to take control of their workload and targets. This helps create advocates of change who feel that they have a say in the direction of the organization, particularly important when they might be feeling out of control of their future when operating in a VUCA world. Ultimately, research has consistently shown that developing a coaching culture helps organizations achieve their strategic objectives as well as enhance their business outcomes.   Developing towards a High Performance Organization (HPO): This new and different environment is challenging leaders to find new ways to lead their organizations and achieve sustained success.The recommended business and leadership practices stated earlier could be viewed as drivers for development of high-performance organizations (HPO). To succeed in this new world, focusing on the development of organizational and people capabilities that drive financial and op- erational performance will enable companies to execute their strategy more effectively towards achieving sustainable organizational results (See Figure 1). This would enable leaders to navigate unfamiliar, chal- lenging times, a quickening pace of change, increasing expectations, and a rising tide of rapidly-evolving conditions. LE Figure 1: Framework for Development of High Performance Organization (HPO) Leading For Success In 2017 Be prepared for a greater VUCA world By Sattar Bawany FEATURE 13Submit your ArticlesLeadership Excellence Essentials presented by HR.com | 01.2017 Prof. Sattar Bawany is the CEO & Certified C-Suite Master Executive Coach of Centre for Executive Education (CEE). CEE offers human capital management solutions for addressing challenges posed by a multigenera- tional workforce including talent management and executive development programs (hat help nextgen leaders to develop the skills and knowledge to embrace change in today’s VUCA World. Visit www.cee-global.com Connect Prof Sattar Bawany Follow @sattarbawany Would you like to comment? Click here for a good resolution image