SlideShare a Scribd company logo
Personal Development Planning
Professor Margaret Ormiston, Organisational Behaviour
• Examine how your personal development ties into the club’s
objectives
• Consider potential personal development goals
• Strategize on how to actualize your personal development goal.
2
Agenda
How does the club objective’s affect your objective?
3
What’s our
club’s objective? Leader
Critical tasks
People
Decision making
structure
Culture
Source: Tushman & O’Reilly, 1997
How does the club objective’s affect your objective?
4
6 events in spring
and summer terms
Critical tasks: event
planning, marketing events
People: Experience
with event planning,
industry contacts, can
work with others
Decision making
Structure: decentralized
Culture: People
oriented, action-
oriented, organized
Source: Tushman & O’Reilly, 1997
Leader
• What is my club objective?
What are the critical tasks to achieve this objective?
What kind of people do I need (not just technical skills)?
What kind of decision making structure do I need (mostly suggest democratic)?
What kind of culture do I need?
• What will be the key expectations of me to accomplish the above?
5
What are some potential areas for development?
6
GAPS Grid
6
Your
view
How
others
view you
Where you are now What’s required of you in this role
Abilities
Mission in work (3-5
years): What is your
desired role?
Perceptions of others
Standards the club
expects you to meet (in
desired role)
7
GAPS Grid
7
Your
view
How
others
view you
Where you are now What’s required of you in this role
Abilities
Self-assessment (e.g., NEO)
Track record
Professional assessment
Mission in work
Work & life interests
Work reward values
Business skills
Personal values
Personal goals
Perceptions of others
Peer and management feedback
360 feedback
Customer feedback
Performance reviews
Standards the club
expects you to meet
Culture and norms
Respected role models
Conversations
• Determine the gaps between where you are now and where you are
going:
• Focus on:
 Relevance: What can I work on as a leader of my club?
 Importance: Rock the boat or sink the ship?
 Urgency: Is the house on fire?
 Do-ability: How likely is it that I can fix it?
8
Personal development
Now
What is
needed for
this role?
What are some potential areas for
development?
9
• Leadership style: We often tend towards micromanaging, consider
democratic and/or visionary
• Listening: instant empathy formula (ask question, actively listen,
clarify)
• Team management: Don’t avoid conflict; encourage the right kind
and deal with the wrong kind, succession planning
10
Personal development: Previous student leaders
What motivates your team?
11
Existing research suggests that these are the key levers:
1. Job Design: Can you redesign or tailor jobs to fit specific
individuals?
2. Training: What skills does this person need or want that you could
provide?
3. Participation in Decision Making: Can you include members of the
team in decision making in the group?
4. Strong Selection: Do they respect, value or even admire their
teammates and want to work with them?
5. Dealing With Poor Performers: Are those who are not able moved
out?
6. Clear and Transparent Rules: Is everyone held to the same rules as
rewards are given (e.g., clear human resource policies)? Do your
people feel a sense of fairness?
7. Financial rewards: Can actually undermine intrinsic motivation
(the over-justification effect)!
– But use other forms of recognition!
12
What can you provide that will improve performance of your team
and/or key people in it?
• Interpersonal differences can impede not only an individual’s
success, but also the group’s success.
• A team contract culture has been found to help teams succeed.
• What do we need to consider in a team culture?
13
Managing teams
 What is our key goal/objective?
 How shall we work together in order to maximize the probability of reaching our goals?
 How do we want to address social loafing?
 How do we want to handle lack of performance and failure to meet team
commitments?
 How will we manage conflict?
 How do we handle disruptive behaviour (physical, verbal, nonverbal)?
 What will the punishment be if a team member violates the agreement?
 How will we conduct ourselves at meetings?
 How will we reward ourselves as a team?
 What will be our plan to revisit our culture?
14
Questions to answer
Personal development: How will I
do it?
15
• Learning Goal Orientation: Emphasize performance improvement
rather than outcomes
• Performance Goal Orientation: Emphasize the outcome (e.g., good
grades, promotion)
• Learning orientation leads to more realistic goal setting, persisting
through adversity, seeing failure as a learning opportunity, seeking
feedback, learning strategies (e.g., rehearsing)
• Often seen as a trait but can be induced (values, framing,
preparation).
16
Personal development success: Framing
Source: Gist & Stevens, 1997
• What is your strategy for development?
– Use multiple methods to develop self
– SMART goals can provide a general structure
– Focus on what the method, your timeline is, the specific action you will take
• Who/what can I learn from?
– LBS career centre
– LBS electives
– Mentors
– Peers (feedback)
– Books
• Cognitive Behavioural Therapy:
– Antecedents
– Behaviours
– Consequences
– Specific action plan
17
Personal development: How will I do it?
18
Antecedent Behavior Consequence
New Opportunities Intense/Action-Oriented Overwhelmed Employees
Steps:
– Recognize the trigger (New opportunities)
– Recognize the cues from others (Changes in employee behaviour, e.g., more
stressed)
– Develop a specific, alternative behaviour
19
Obstacles
• Biggest obstacle in changing yourself is self-control; need to make
this easy so self-control is not depleted.
• Cognition: Direct yourself
– Set goals
– Point yourself to destination (clarity, not too many, not far off, achievable)
– Recognize your limitations
• Motivation: Sense of purpose (Why is this important? What are the
long-term ROIs?)
• Road map:
– Remove/create obstacles
– Go public
– Restore depleted energy/self-control: Positive mood stimulus (Baumeister)
20
Making change possible
• Encourage a learning orientation within your team, that allows
feedback. And when you get negative feedback…….
• What can I learn from this situation? What are the benefits of this
negative situation?
• Instead of ruminating, write about your experiences. Really dissect
the antecedents and consequences to your behavior.
21
Managing setbacks
• Student leadership role is an excellent time to practice leadership
behaviors
• Take time to align your personal objectives with your club objectives
• Proactively manage your team
22
Takeaways

More Related Content

What's hot

Employee Development
Employee DevelopmentEmployee Development
Employee Development
Stella SIM
 
Leadership Training 2023.ppt
Leadership Training 2023.pptLeadership Training 2023.ppt
Leadership Training 2023.ppt
ElmoCercado1
 
Leader Development Roadmap by CCL
Leader Development Roadmap by CCLLeader Development Roadmap by CCL
Leader Development Roadmap by CCL
Sergey Golubkov, PhD, BCC
 
Transitioning from Peer to Leader
Transitioning from Peer to LeaderTransitioning from Peer to Leader
Transitioning from Peer to Leader
Corporate Learning Institute
 
Coaching Skills for Your Managers and Leaders - Webinar 10.21.14
Coaching Skills for Your Managers and Leaders - Webinar 10.21.14Coaching Skills for Your Managers and Leaders - Webinar 10.21.14
Coaching Skills for Your Managers and Leaders - Webinar 10.21.14
BizLibrary
 
Train the trainers
Train the trainers Train the trainers
Train the trainers
Tantia Dian Permata Indah
 
Leadership & leadership skills
Leadership & leadership skillsLeadership & leadership skills
Leadership & leadership skills
Amit Jaglan
 
Train The Trainer Power Point Presentation
Train The Trainer   Power Point PresentationTrain The Trainer   Power Point Presentation
Train The Trainer Power Point Presentation
preethi_madhan
 
Leadership Coaching.
Leadership Coaching.Leadership Coaching.
Leadership Coaching.
Sanjana Zawar
 
Train the trainer
Train the trainer  Train the trainer
Train the trainer
Liz Kentish
 
Leadership and Communication
Leadership and CommunicationLeadership and Communication
Leadership and Communication
John Cousins
 
Train the trainer Training
Train the trainer TrainingTrain the trainer Training
Train the trainer Training
Laurence Yap M.A. (UM) CHRM
 
Leadership Training
Leadership TrainingLeadership Training
Leadership Training
James Chung
 
Employee Coaching - The Lost Art
Employee Coaching - The Lost ArtEmployee Coaching - The Lost Art
Employee Coaching - The Lost Art
N A
 
Developing L&D Strategy that Lead to Business Results
Developing L&D Strategy that Lead to Business ResultsDeveloping L&D Strategy that Lead to Business Results
Developing L&D Strategy that Lead to Business Results
Edwin Ebreo
 
Leadership Training 101 - Styles and Techniques
Leadership Training 101 - Styles and TechniquesLeadership Training 101 - Styles and Techniques
Leadership Training 101 - Styles and Techniques
The Life and Professional Coaching Institute
 
Coaching skills for_managers
Coaching skills for_managersCoaching skills for_managers
Coaching skills for_managers
Dr Aashiesh Tavkarr
 

What's hot (20)

Employee Development
Employee DevelopmentEmployee Development
Employee Development
 
Leadership Training 2023.ppt
Leadership Training 2023.pptLeadership Training 2023.ppt
Leadership Training 2023.ppt
 
Leader Development Roadmap by CCL
Leader Development Roadmap by CCLLeader Development Roadmap by CCL
Leader Development Roadmap by CCL
 
Transitioning from Peer to Leader
Transitioning from Peer to LeaderTransitioning from Peer to Leader
Transitioning from Peer to Leader
 
Coaching Skills for Your Managers and Leaders - Webinar 10.21.14
Coaching Skills for Your Managers and Leaders - Webinar 10.21.14Coaching Skills for Your Managers and Leaders - Webinar 10.21.14
Coaching Skills for Your Managers and Leaders - Webinar 10.21.14
 
Train the trainers
Train the trainers Train the trainers
Train the trainers
 
Leadership & leadership skills
Leadership & leadership skillsLeadership & leadership skills
Leadership & leadership skills
 
Train The Trainer Power Point Presentation
Train The Trainer   Power Point PresentationTrain The Trainer   Power Point Presentation
Train The Trainer Power Point Presentation
 
Leadership Coaching.
Leadership Coaching.Leadership Coaching.
Leadership Coaching.
 
Train the trainer
Train the trainer  Train the trainer
Train the trainer
 
Leadership and Communication
Leadership and CommunicationLeadership and Communication
Leadership and Communication
 
Grow model of coaching(1)
Grow model of coaching(1)Grow model of coaching(1)
Grow model of coaching(1)
 
Train the trainer Training
Train the trainer TrainingTrain the trainer Training
Train the trainer Training
 
Leadership Training
Leadership TrainingLeadership Training
Leadership Training
 
Leadership Slideshow
Leadership SlideshowLeadership Slideshow
Leadership Slideshow
 
Employee Coaching - The Lost Art
Employee Coaching - The Lost ArtEmployee Coaching - The Lost Art
Employee Coaching - The Lost Art
 
Developing L&D Strategy that Lead to Business Results
Developing L&D Strategy that Lead to Business ResultsDeveloping L&D Strategy that Lead to Business Results
Developing L&D Strategy that Lead to Business Results
 
Leadership Training 101 - Styles and Techniques
Leadership Training 101 - Styles and TechniquesLeadership Training 101 - Styles and Techniques
Leadership Training 101 - Styles and Techniques
 
Leadership Development Modules
Leadership Development ModulesLeadership Development Modules
Leadership Development Modules
 
Coaching skills for_managers
Coaching skills for_managersCoaching skills for_managers
Coaching skills for_managers
 

Viewers also liked

Individual development plan
Individual development planIndividual development plan
Individual development plan
Seta Wicaksana
 
Personal Development Plans
Personal Development PlansPersonal Development Plans
Personal Development Plans
Making Business Matter Ltd
 
Personal development plan
Personal development planPersonal development plan
Personal development planavtarsamra
 
Personal Development Plan & Mentoring
Personal Development Plan & MentoringPersonal Development Plan & Mentoring
Personal Development Plan & Mentoring
IngeborgWerther
 
Personal Development Plan 2015 - 2016
Personal Development Plan 2015 - 2016Personal Development Plan 2015 - 2016
Personal Development Plan 2015 - 2016Zeal Liew
 
Individual Development Plan - David Penwell
Individual Development Plan - David PenwellIndividual Development Plan - David Penwell
Individual Development Plan - David PenwellDavid Penwell
 
Personal and professional development plan sample essay
Personal and professional development plan sample essayPersonal and professional development plan sample essay
Personal and professional development plan sample essay
Academic Research Paper Writing Services
 
Career development ppt
Career development pptCareer development ppt
Career development ppt
Nancy Erskine-Sackey
 
PERSONALITY DEVELOPMENT
PERSONALITY DEVELOPMENTPERSONALITY DEVELOPMENT
PERSONALITY DEVELOPMENT
Dr. Nancy Prasanna Joseph
 
Personal development planning
Personal development planningPersonal development planning
Personal development planningosamah2011
 
Product Knowledge In Pesimon Health Food Chinese Version 4
Product Knowledge In Pesimon Health Food Chinese Version   4Product Knowledge In Pesimon Health Food Chinese Version   4
Product Knowledge In Pesimon Health Food Chinese Version 4
Malgen Wong
 
Futures planning for personal development 30 sept 2015
Futures planning for personal development 30 sept 2015Futures planning for personal development 30 sept 2015
Futures planning for personal development 30 sept 2015
Cynthia Chirinda Hakutangwi
 
Personal Development plan By sarita
Personal Development plan By saritaPersonal Development plan By sarita
Personal Development plan By sarita
saritachander_9
 
Free eBook - Positioning Career To Your Life Purpose - BRANDJONTAN (Jon Tan)
Free eBook - Positioning Career To Your Life Purpose - BRANDJONTAN (Jon Tan)Free eBook - Positioning Career To Your Life Purpose - BRANDJONTAN (Jon Tan)
Free eBook - Positioning Career To Your Life Purpose - BRANDJONTAN (Jon Tan)
Brandjontan Jon Tan
 
Personal development planning lecture
Personal development planning lecturePersonal development planning lecture
Personal development planning lecture
mshaverin
 
Personal Growth Strategy
Personal Growth StrategyPersonal Growth Strategy
Personal Growth Strategy
Goodbuzz Inc.
 
Personal development plan
Personal development planPersonal development plan
Personal development plan
Sukh Sandhu
 
Personal development plan
Personal development planPersonal development plan
Personal development plan
Ivgeel Erdenebat
 

Viewers also liked (20)

My Personal Development Plan
My Personal Development PlanMy Personal Development Plan
My Personal Development Plan
 
Individual development plan
Individual development planIndividual development plan
Individual development plan
 
Personal Development Plans
Personal Development PlansPersonal Development Plans
Personal Development Plans
 
Personal development plan
Personal development planPersonal development plan
Personal development plan
 
Personal Development Plan & Mentoring
Personal Development Plan & MentoringPersonal Development Plan & Mentoring
Personal Development Plan & Mentoring
 
Career plan example
Career plan exampleCareer plan example
Career plan example
 
Personal Development Plan 2015 - 2016
Personal Development Plan 2015 - 2016Personal Development Plan 2015 - 2016
Personal Development Plan 2015 - 2016
 
Individual Development Plan - David Penwell
Individual Development Plan - David PenwellIndividual Development Plan - David Penwell
Individual Development Plan - David Penwell
 
Personal and professional development plan sample essay
Personal and professional development plan sample essayPersonal and professional development plan sample essay
Personal and professional development plan sample essay
 
Career development ppt
Career development pptCareer development ppt
Career development ppt
 
PERSONALITY DEVELOPMENT
PERSONALITY DEVELOPMENTPERSONALITY DEVELOPMENT
PERSONALITY DEVELOPMENT
 
Personal development planning
Personal development planningPersonal development planning
Personal development planning
 
Product Knowledge In Pesimon Health Food Chinese Version 4
Product Knowledge In Pesimon Health Food Chinese Version   4Product Knowledge In Pesimon Health Food Chinese Version   4
Product Knowledge In Pesimon Health Food Chinese Version 4
 
Futures planning for personal development 30 sept 2015
Futures planning for personal development 30 sept 2015Futures planning for personal development 30 sept 2015
Futures planning for personal development 30 sept 2015
 
Personal Development plan By sarita
Personal Development plan By saritaPersonal Development plan By sarita
Personal Development plan By sarita
 
Free eBook - Positioning Career To Your Life Purpose - BRANDJONTAN (Jon Tan)
Free eBook - Positioning Career To Your Life Purpose - BRANDJONTAN (Jon Tan)Free eBook - Positioning Career To Your Life Purpose - BRANDJONTAN (Jon Tan)
Free eBook - Positioning Career To Your Life Purpose - BRANDJONTAN (Jon Tan)
 
Personal development planning lecture
Personal development planning lecturePersonal development planning lecture
Personal development planning lecture
 
Personal Growth Strategy
Personal Growth StrategyPersonal Growth Strategy
Personal Growth Strategy
 
Personal development plan
Personal development planPersonal development plan
Personal development plan
 
Personal development plan
Personal development planPersonal development plan
Personal development plan
 

Similar to Personal Development Planning

Leadership and Professional Development
Leadership and Professional DevelopmentLeadership and Professional Development
Leadership and Professional Development
Kofi Kafui Kornu
 
Leadership Accelerator: Unleashing Potential in Younger Employees.pptx
Leadership Accelerator: Unleashing Potential in Younger Employees.pptxLeadership Accelerator: Unleashing Potential in Younger Employees.pptx
Leadership Accelerator: Unleashing Potential in Younger Employees.pptx
Dennis Van Aelst
 
Be like mentor
Be like mentorBe like mentor
Be like mentor
Muhammad Farhan, HRBP℠
 
Building Global Dexterity on Company Teams
Building Global Dexterity on Company TeamsBuilding Global Dexterity on Company Teams
Building Global Dexterity on Company Teams
Jean AbiNader
 
Self-reflection.pptx
Self-reflection.pptxSelf-reflection.pptx
Self-reflection.pptx
Maqbool Ahmad
 
L5 Award in L&M
L5 Award in L&ML5 Award in L&M
L5 Award in L&M
amandajune
 
Bg ILM L5 award L&M day 1
Bg ILM L5 award L&M day 1 Bg ILM L5 award L&M day 1
Bg ILM L5 award L&M day 1
amandajune
 
Professionalism.pptx
Professionalism.pptxProfessionalism.pptx
Professionalism.pptx
Maqbool Ahmad
 
The curriculum ee
The curriculum eeThe curriculum ee
The curriculum ee
Katherine Nechaeva
 
Leadership and disruption paul donnelly
Leadership and disruption paul donnellyLeadership and disruption paul donnelly
Leadership and disruption paul donnelly
St. Thomas of Canterbury College
 
Professional development.pptx
Professional development.pptxProfessional development.pptx
Professional development.pptx
Maqbool Ahmad
 
Impact culture: motivating change in the metricised academy
Impact culture: motivating change in the metricised academyImpact culture: motivating change in the metricised academy
Impact culture: motivating change in the metricised academy
Mark Reed
 
#NCE16 Preseentation: Colleagues, Coaches, and Counselors - Superintendents S...
#NCE16 Preseentation: Colleagues, Coaches, and Counselors - Superintendents S...#NCE16 Preseentation: Colleagues, Coaches, and Counselors - Superintendents S...
#NCE16 Preseentation: Colleagues, Coaches, and Counselors - Superintendents S...
PJ Caposey
 
Module 2 session 2 importance of statement of intent
Module 2 session 2 importance of statement of intentModule 2 session 2 importance of statement of intent
Module 2 session 2 importance of statement of intent
John Pisapia
 
Strategies for Career Success
Strategies for Career SuccessStrategies for Career Success
Strategies for Career Success
STC-Philadelphia Metro Chapter
 
Workshop 1 PD & 2016 for its learninleaderhsp g
Workshop 1 PD & 2016 for its learninleaderhsp gWorkshop 1 PD & 2016 for its learninleaderhsp g
Workshop 1 PD & 2016 for its learninleaderhsp g
elizabethp1066
 
Eaquals Training for Excellence: Coaching, Loraine Kennedy
Eaquals Training for Excellence: Coaching, Loraine Kennedy Eaquals Training for Excellence: Coaching, Loraine Kennedy
Eaquals Training for Excellence: Coaching, Loraine Kennedy
eaquals
 
July 2022 Venture Leadership
July 2022 Venture LeadershipJuly 2022 Venture Leadership
July 2022 Venture Leadership
GeorgiaPinner
 
What makes a great product coach
What makes a great product coach What makes a great product coach
What makes a great product coach
ProductCamp Twin Cities
 
creatingeffectiveteamsppt-130309094358-phpapp01.pptx
creatingeffectiveteamsppt-130309094358-phpapp01.pptxcreatingeffectiveteamsppt-130309094358-phpapp01.pptx
creatingeffectiveteamsppt-130309094358-phpapp01.pptx
Latera1
 

Similar to Personal Development Planning (20)

Leadership and Professional Development
Leadership and Professional DevelopmentLeadership and Professional Development
Leadership and Professional Development
 
Leadership Accelerator: Unleashing Potential in Younger Employees.pptx
Leadership Accelerator: Unleashing Potential in Younger Employees.pptxLeadership Accelerator: Unleashing Potential in Younger Employees.pptx
Leadership Accelerator: Unleashing Potential in Younger Employees.pptx
 
Be like mentor
Be like mentorBe like mentor
Be like mentor
 
Building Global Dexterity on Company Teams
Building Global Dexterity on Company TeamsBuilding Global Dexterity on Company Teams
Building Global Dexterity on Company Teams
 
Self-reflection.pptx
Self-reflection.pptxSelf-reflection.pptx
Self-reflection.pptx
 
L5 Award in L&M
L5 Award in L&ML5 Award in L&M
L5 Award in L&M
 
Bg ILM L5 award L&M day 1
Bg ILM L5 award L&M day 1 Bg ILM L5 award L&M day 1
Bg ILM L5 award L&M day 1
 
Professionalism.pptx
Professionalism.pptxProfessionalism.pptx
Professionalism.pptx
 
The curriculum ee
The curriculum eeThe curriculum ee
The curriculum ee
 
Leadership and disruption paul donnelly
Leadership and disruption paul donnellyLeadership and disruption paul donnelly
Leadership and disruption paul donnelly
 
Professional development.pptx
Professional development.pptxProfessional development.pptx
Professional development.pptx
 
Impact culture: motivating change in the metricised academy
Impact culture: motivating change in the metricised academyImpact culture: motivating change in the metricised academy
Impact culture: motivating change in the metricised academy
 
#NCE16 Preseentation: Colleagues, Coaches, and Counselors - Superintendents S...
#NCE16 Preseentation: Colleagues, Coaches, and Counselors - Superintendents S...#NCE16 Preseentation: Colleagues, Coaches, and Counselors - Superintendents S...
#NCE16 Preseentation: Colleagues, Coaches, and Counselors - Superintendents S...
 
Module 2 session 2 importance of statement of intent
Module 2 session 2 importance of statement of intentModule 2 session 2 importance of statement of intent
Module 2 session 2 importance of statement of intent
 
Strategies for Career Success
Strategies for Career SuccessStrategies for Career Success
Strategies for Career Success
 
Workshop 1 PD & 2016 for its learninleaderhsp g
Workshop 1 PD & 2016 for its learninleaderhsp gWorkshop 1 PD & 2016 for its learninleaderhsp g
Workshop 1 PD & 2016 for its learninleaderhsp g
 
Eaquals Training for Excellence: Coaching, Loraine Kennedy
Eaquals Training for Excellence: Coaching, Loraine Kennedy Eaquals Training for Excellence: Coaching, Loraine Kennedy
Eaquals Training for Excellence: Coaching, Loraine Kennedy
 
July 2022 Venture Leadership
July 2022 Venture LeadershipJuly 2022 Venture Leadership
July 2022 Venture Leadership
 
What makes a great product coach
What makes a great product coach What makes a great product coach
What makes a great product coach
 
creatingeffectiveteamsppt-130309094358-phpapp01.pptx
creatingeffectiveteamsppt-130309094358-phpapp01.pptxcreatingeffectiveteamsppt-130309094358-phpapp01.pptx
creatingeffectiveteamsppt-130309094358-phpapp01.pptx
 

More from London Business School

Kuwait Petroleum Corporation: Transforming leadership for 2030 and beyond
Kuwait Petroleum Corporation: Transforming leadership for 2030 and beyondKuwait Petroleum Corporation: Transforming leadership for 2030 and beyond
Kuwait Petroleum Corporation: Transforming leadership for 2030 and beyond
London Business School
 
Microsoft and London Business School
 Microsoft and London Business School Microsoft and London Business School
Microsoft and London Business School
London Business School
 
Active vs. passive – practitioner perspectives
Active vs. passive – practitioner perspectivesActive vs. passive – practitioner perspectives
Active vs. passive – practitioner perspectives
London Business School
 
Portfolio Construction Today
Portfolio Construction TodayPortfolio Construction Today
Portfolio Construction Today
London Business School
 
Partners Capital View of the Future of Private Equity Investing
Partners Capital View of the Future of Private Equity InvestingPartners Capital View of the Future of Private Equity Investing
Partners Capital View of the Future of Private Equity Investing
London Business School
 
Risk taking the ATP way
Risk taking the ATP wayRisk taking the ATP way
Risk taking the ATP way
London Business School
 
Is factor investing a bubble?
Is factor investing a bubble?Is factor investing a bubble?
Is factor investing a bubble?
London Business School
 
Sharpening the Arithmetic of Active Management
Sharpening the Arithmetic of Active ManagementSharpening the Arithmetic of Active Management
Sharpening the Arithmetic of Active Management
London Business School
 
Money management in equilibrium
Money management in equilibrium Money management in equilibrium
Money management in equilibrium
London Business School
 
The ten commandments of business innovation | London Business School
The ten commandments of business innovation | London Business SchoolThe ten commandments of business innovation | London Business School
The ten commandments of business innovation | London Business School
London Business School
 
Soren Jensen and London Business School - Driving organisational change
Soren Jensen and London Business School - Driving organisational changeSoren Jensen and London Business School - Driving organisational change
Soren Jensen and London Business School - Driving organisational change
London Business School
 
Corporate Governance Through Voice and Exit: Evidence from Standard Life Inve...
Corporate Governance Through Voice and Exit: Evidence from Standard Life Inve...Corporate Governance Through Voice and Exit: Evidence from Standard Life Inve...
Corporate Governance Through Voice and Exit: Evidence from Standard Life Inve...
London Business School
 
Telenor and London Business School
Telenor and London Business SchoolTelenor and London Business School
Telenor and London Business School
London Business School
 
Smurfit Kappa and London Business School
Smurfit Kappa and London Business SchoolSmurfit Kappa and London Business School
Smurfit Kappa and London Business School
London Business School
 
Systemic Risk in the Asset Management Industry
Systemic Risk in the Asset Management IndustrySystemic Risk in the Asset Management Industry
Systemic Risk in the Asset Management Industry
London Business School
 
Myths and Realities of ETFs and Index Investing
Myths and Realities of ETFs and Index InvestingMyths and Realities of ETFs and Index Investing
Myths and Realities of ETFs and Index Investing
London Business School
 
Systemic Risk in Asset Management
Systemic Risk in Asset Management Systemic Risk in Asset Management
Systemic Risk in Asset Management
London Business School
 
Nordea and London Business School
Nordea and London Business School Nordea and London Business School
Nordea and London Business School
London Business School
 
5 top reads on human potential | London Business School
5 top reads on human potential | London Business School5 top reads on human potential | London Business School
5 top reads on human potential | London Business School
London Business School
 
AQR Systematic Investing in Credit Markets
AQR Systematic Investing in Credit MarketsAQR Systematic Investing in Credit Markets
AQR Systematic Investing in Credit Markets
London Business School
 

More from London Business School (20)

Kuwait Petroleum Corporation: Transforming leadership for 2030 and beyond
Kuwait Petroleum Corporation: Transforming leadership for 2030 and beyondKuwait Petroleum Corporation: Transforming leadership for 2030 and beyond
Kuwait Petroleum Corporation: Transforming leadership for 2030 and beyond
 
Microsoft and London Business School
 Microsoft and London Business School Microsoft and London Business School
Microsoft and London Business School
 
Active vs. passive – practitioner perspectives
Active vs. passive – practitioner perspectivesActive vs. passive – practitioner perspectives
Active vs. passive – practitioner perspectives
 
Portfolio Construction Today
Portfolio Construction TodayPortfolio Construction Today
Portfolio Construction Today
 
Partners Capital View of the Future of Private Equity Investing
Partners Capital View of the Future of Private Equity InvestingPartners Capital View of the Future of Private Equity Investing
Partners Capital View of the Future of Private Equity Investing
 
Risk taking the ATP way
Risk taking the ATP wayRisk taking the ATP way
Risk taking the ATP way
 
Is factor investing a bubble?
Is factor investing a bubble?Is factor investing a bubble?
Is factor investing a bubble?
 
Sharpening the Arithmetic of Active Management
Sharpening the Arithmetic of Active ManagementSharpening the Arithmetic of Active Management
Sharpening the Arithmetic of Active Management
 
Money management in equilibrium
Money management in equilibrium Money management in equilibrium
Money management in equilibrium
 
The ten commandments of business innovation | London Business School
The ten commandments of business innovation | London Business SchoolThe ten commandments of business innovation | London Business School
The ten commandments of business innovation | London Business School
 
Soren Jensen and London Business School - Driving organisational change
Soren Jensen and London Business School - Driving organisational changeSoren Jensen and London Business School - Driving organisational change
Soren Jensen and London Business School - Driving organisational change
 
Corporate Governance Through Voice and Exit: Evidence from Standard Life Inve...
Corporate Governance Through Voice and Exit: Evidence from Standard Life Inve...Corporate Governance Through Voice and Exit: Evidence from Standard Life Inve...
Corporate Governance Through Voice and Exit: Evidence from Standard Life Inve...
 
Telenor and London Business School
Telenor and London Business SchoolTelenor and London Business School
Telenor and London Business School
 
Smurfit Kappa and London Business School
Smurfit Kappa and London Business SchoolSmurfit Kappa and London Business School
Smurfit Kappa and London Business School
 
Systemic Risk in the Asset Management Industry
Systemic Risk in the Asset Management IndustrySystemic Risk in the Asset Management Industry
Systemic Risk in the Asset Management Industry
 
Myths and Realities of ETFs and Index Investing
Myths and Realities of ETFs and Index InvestingMyths and Realities of ETFs and Index Investing
Myths and Realities of ETFs and Index Investing
 
Systemic Risk in Asset Management
Systemic Risk in Asset Management Systemic Risk in Asset Management
Systemic Risk in Asset Management
 
Nordea and London Business School
Nordea and London Business School Nordea and London Business School
Nordea and London Business School
 
5 top reads on human potential | London Business School
5 top reads on human potential | London Business School5 top reads on human potential | London Business School
5 top reads on human potential | London Business School
 
AQR Systematic Investing in Credit Markets
AQR Systematic Investing in Credit MarketsAQR Systematic Investing in Credit Markets
AQR Systematic Investing in Credit Markets
 

Recently uploaded

Francesca Gottschalk - How can education support child empowerment.pptx
Francesca Gottschalk - How can education support child empowerment.pptxFrancesca Gottschalk - How can education support child empowerment.pptx
Francesca Gottschalk - How can education support child empowerment.pptx
EduSkills OECD
 
The Accursed House by Émile Gaboriau.pptx
The Accursed House by Émile Gaboriau.pptxThe Accursed House by Émile Gaboriau.pptx
The Accursed House by Émile Gaboriau.pptx
DhatriParmar
 
The approach at University of Liverpool.pptx
The approach at University of Liverpool.pptxThe approach at University of Liverpool.pptx
The approach at University of Liverpool.pptx
Jisc
 
TESDA TM1 REVIEWER FOR NATIONAL ASSESSMENT WRITTEN AND ORAL QUESTIONS WITH A...
TESDA TM1 REVIEWER  FOR NATIONAL ASSESSMENT WRITTEN AND ORAL QUESTIONS WITH A...TESDA TM1 REVIEWER  FOR NATIONAL ASSESSMENT WRITTEN AND ORAL QUESTIONS WITH A...
TESDA TM1 REVIEWER FOR NATIONAL ASSESSMENT WRITTEN AND ORAL QUESTIONS WITH A...
EugeneSaldivar
 
Welcome to TechSoup New Member Orientation and Q&A (May 2024).pdf
Welcome to TechSoup   New Member Orientation and Q&A (May 2024).pdfWelcome to TechSoup   New Member Orientation and Q&A (May 2024).pdf
Welcome to TechSoup New Member Orientation and Q&A (May 2024).pdf
TechSoup
 
2024.06.01 Introducing a competency framework for languag learning materials ...
2024.06.01 Introducing a competency framework for languag learning materials ...2024.06.01 Introducing a competency framework for languag learning materials ...
2024.06.01 Introducing a competency framework for languag learning materials ...
Sandy Millin
 
The basics of sentences session 5pptx.pptx
The basics of sentences session 5pptx.pptxThe basics of sentences session 5pptx.pptx
The basics of sentences session 5pptx.pptx
heathfieldcps1
 
Language Across the Curriculm LAC B.Ed.
Language Across the  Curriculm LAC B.Ed.Language Across the  Curriculm LAC B.Ed.
Language Across the Curriculm LAC B.Ed.
Atul Kumar Singh
 
Operation Blue Star - Saka Neela Tara
Operation Blue Star   -  Saka Neela TaraOperation Blue Star   -  Saka Neela Tara
Operation Blue Star - Saka Neela Tara
Balvir Singh
 
Guidance_and_Counselling.pdf B.Ed. 4th Semester
Guidance_and_Counselling.pdf B.Ed. 4th SemesterGuidance_and_Counselling.pdf B.Ed. 4th Semester
Guidance_and_Counselling.pdf B.Ed. 4th Semester
Atul Kumar Singh
 
Acetabularia Information For Class 9 .docx
Acetabularia Information For Class 9  .docxAcetabularia Information For Class 9  .docx
Acetabularia Information For Class 9 .docx
vaibhavrinwa19
 
Chapter 3 - Islamic Banking Products and Services.pptx
Chapter 3 - Islamic Banking Products and Services.pptxChapter 3 - Islamic Banking Products and Services.pptx
Chapter 3 - Islamic Banking Products and Services.pptx
Mohd Adib Abd Muin, Senior Lecturer at Universiti Utara Malaysia
 
How libraries can support authors with open access requirements for UKRI fund...
How libraries can support authors with open access requirements for UKRI fund...How libraries can support authors with open access requirements for UKRI fund...
How libraries can support authors with open access requirements for UKRI fund...
Jisc
 
1.4 modern child centered education - mahatma gandhi-2.pptx
1.4 modern child centered education - mahatma gandhi-2.pptx1.4 modern child centered education - mahatma gandhi-2.pptx
1.4 modern child centered education - mahatma gandhi-2.pptx
JosvitaDsouza2
 
Model Attribute Check Company Auto Property
Model Attribute  Check Company Auto PropertyModel Attribute  Check Company Auto Property
Model Attribute Check Company Auto Property
Celine George
 
Honest Reviews of Tim Han LMA Course Program.pptx
Honest Reviews of Tim Han LMA Course Program.pptxHonest Reviews of Tim Han LMA Course Program.pptx
Honest Reviews of Tim Han LMA Course Program.pptx
timhan337
 
Thesis Statement for students diagnonsed withADHD.ppt
Thesis Statement for students diagnonsed withADHD.pptThesis Statement for students diagnonsed withADHD.ppt
Thesis Statement for students diagnonsed withADHD.ppt
EverAndrsGuerraGuerr
 
"Protectable subject matters, Protection in biotechnology, Protection of othe...
"Protectable subject matters, Protection in biotechnology, Protection of othe..."Protectable subject matters, Protection in biotechnology, Protection of othe...
"Protectable subject matters, Protection in biotechnology, Protection of othe...
SACHIN R KONDAGURI
 
Synthetic Fiber Construction in lab .pptx
Synthetic Fiber Construction in lab .pptxSynthetic Fiber Construction in lab .pptx
Synthetic Fiber Construction in lab .pptx
Pavel ( NSTU)
 
Digital Tools and AI for Teaching Learning and Research
Digital Tools and AI for Teaching Learning and ResearchDigital Tools and AI for Teaching Learning and Research
Digital Tools and AI for Teaching Learning and Research
Vikramjit Singh
 

Recently uploaded (20)

Francesca Gottschalk - How can education support child empowerment.pptx
Francesca Gottschalk - How can education support child empowerment.pptxFrancesca Gottschalk - How can education support child empowerment.pptx
Francesca Gottschalk - How can education support child empowerment.pptx
 
The Accursed House by Émile Gaboriau.pptx
The Accursed House by Émile Gaboriau.pptxThe Accursed House by Émile Gaboriau.pptx
The Accursed House by Émile Gaboriau.pptx
 
The approach at University of Liverpool.pptx
The approach at University of Liverpool.pptxThe approach at University of Liverpool.pptx
The approach at University of Liverpool.pptx
 
TESDA TM1 REVIEWER FOR NATIONAL ASSESSMENT WRITTEN AND ORAL QUESTIONS WITH A...
TESDA TM1 REVIEWER  FOR NATIONAL ASSESSMENT WRITTEN AND ORAL QUESTIONS WITH A...TESDA TM1 REVIEWER  FOR NATIONAL ASSESSMENT WRITTEN AND ORAL QUESTIONS WITH A...
TESDA TM1 REVIEWER FOR NATIONAL ASSESSMENT WRITTEN AND ORAL QUESTIONS WITH A...
 
Welcome to TechSoup New Member Orientation and Q&A (May 2024).pdf
Welcome to TechSoup   New Member Orientation and Q&A (May 2024).pdfWelcome to TechSoup   New Member Orientation and Q&A (May 2024).pdf
Welcome to TechSoup New Member Orientation and Q&A (May 2024).pdf
 
2024.06.01 Introducing a competency framework for languag learning materials ...
2024.06.01 Introducing a competency framework for languag learning materials ...2024.06.01 Introducing a competency framework for languag learning materials ...
2024.06.01 Introducing a competency framework for languag learning materials ...
 
The basics of sentences session 5pptx.pptx
The basics of sentences session 5pptx.pptxThe basics of sentences session 5pptx.pptx
The basics of sentences session 5pptx.pptx
 
Language Across the Curriculm LAC B.Ed.
Language Across the  Curriculm LAC B.Ed.Language Across the  Curriculm LAC B.Ed.
Language Across the Curriculm LAC B.Ed.
 
Operation Blue Star - Saka Neela Tara
Operation Blue Star   -  Saka Neela TaraOperation Blue Star   -  Saka Neela Tara
Operation Blue Star - Saka Neela Tara
 
Guidance_and_Counselling.pdf B.Ed. 4th Semester
Guidance_and_Counselling.pdf B.Ed. 4th SemesterGuidance_and_Counselling.pdf B.Ed. 4th Semester
Guidance_and_Counselling.pdf B.Ed. 4th Semester
 
Acetabularia Information For Class 9 .docx
Acetabularia Information For Class 9  .docxAcetabularia Information For Class 9  .docx
Acetabularia Information For Class 9 .docx
 
Chapter 3 - Islamic Banking Products and Services.pptx
Chapter 3 - Islamic Banking Products and Services.pptxChapter 3 - Islamic Banking Products and Services.pptx
Chapter 3 - Islamic Banking Products and Services.pptx
 
How libraries can support authors with open access requirements for UKRI fund...
How libraries can support authors with open access requirements for UKRI fund...How libraries can support authors with open access requirements for UKRI fund...
How libraries can support authors with open access requirements for UKRI fund...
 
1.4 modern child centered education - mahatma gandhi-2.pptx
1.4 modern child centered education - mahatma gandhi-2.pptx1.4 modern child centered education - mahatma gandhi-2.pptx
1.4 modern child centered education - mahatma gandhi-2.pptx
 
Model Attribute Check Company Auto Property
Model Attribute  Check Company Auto PropertyModel Attribute  Check Company Auto Property
Model Attribute Check Company Auto Property
 
Honest Reviews of Tim Han LMA Course Program.pptx
Honest Reviews of Tim Han LMA Course Program.pptxHonest Reviews of Tim Han LMA Course Program.pptx
Honest Reviews of Tim Han LMA Course Program.pptx
 
Thesis Statement for students diagnonsed withADHD.ppt
Thesis Statement for students diagnonsed withADHD.pptThesis Statement for students diagnonsed withADHD.ppt
Thesis Statement for students diagnonsed withADHD.ppt
 
"Protectable subject matters, Protection in biotechnology, Protection of othe...
"Protectable subject matters, Protection in biotechnology, Protection of othe..."Protectable subject matters, Protection in biotechnology, Protection of othe...
"Protectable subject matters, Protection in biotechnology, Protection of othe...
 
Synthetic Fiber Construction in lab .pptx
Synthetic Fiber Construction in lab .pptxSynthetic Fiber Construction in lab .pptx
Synthetic Fiber Construction in lab .pptx
 
Digital Tools and AI for Teaching Learning and Research
Digital Tools and AI for Teaching Learning and ResearchDigital Tools and AI for Teaching Learning and Research
Digital Tools and AI for Teaching Learning and Research
 

Personal Development Planning

  • 1. Personal Development Planning Professor Margaret Ormiston, Organisational Behaviour
  • 2. • Examine how your personal development ties into the club’s objectives • Consider potential personal development goals • Strategize on how to actualize your personal development goal. 2 Agenda
  • 3. How does the club objective’s affect your objective? 3 What’s our club’s objective? Leader Critical tasks People Decision making structure Culture Source: Tushman & O’Reilly, 1997
  • 4. How does the club objective’s affect your objective? 4 6 events in spring and summer terms Critical tasks: event planning, marketing events People: Experience with event planning, industry contacts, can work with others Decision making Structure: decentralized Culture: People oriented, action- oriented, organized Source: Tushman & O’Reilly, 1997 Leader
  • 5. • What is my club objective? What are the critical tasks to achieve this objective? What kind of people do I need (not just technical skills)? What kind of decision making structure do I need (mostly suggest democratic)? What kind of culture do I need? • What will be the key expectations of me to accomplish the above? 5 What are some potential areas for development?
  • 6. 6 GAPS Grid 6 Your view How others view you Where you are now What’s required of you in this role Abilities Mission in work (3-5 years): What is your desired role? Perceptions of others Standards the club expects you to meet (in desired role)
  • 7. 7 GAPS Grid 7 Your view How others view you Where you are now What’s required of you in this role Abilities Self-assessment (e.g., NEO) Track record Professional assessment Mission in work Work & life interests Work reward values Business skills Personal values Personal goals Perceptions of others Peer and management feedback 360 feedback Customer feedback Performance reviews Standards the club expects you to meet Culture and norms Respected role models Conversations
  • 8. • Determine the gaps between where you are now and where you are going: • Focus on:  Relevance: What can I work on as a leader of my club?  Importance: Rock the boat or sink the ship?  Urgency: Is the house on fire?  Do-ability: How likely is it that I can fix it? 8 Personal development Now What is needed for this role?
  • 9. What are some potential areas for development? 9
  • 10. • Leadership style: We often tend towards micromanaging, consider democratic and/or visionary • Listening: instant empathy formula (ask question, actively listen, clarify) • Team management: Don’t avoid conflict; encourage the right kind and deal with the wrong kind, succession planning 10 Personal development: Previous student leaders
  • 12. Existing research suggests that these are the key levers: 1. Job Design: Can you redesign or tailor jobs to fit specific individuals? 2. Training: What skills does this person need or want that you could provide? 3. Participation in Decision Making: Can you include members of the team in decision making in the group? 4. Strong Selection: Do they respect, value or even admire their teammates and want to work with them? 5. Dealing With Poor Performers: Are those who are not able moved out? 6. Clear and Transparent Rules: Is everyone held to the same rules as rewards are given (e.g., clear human resource policies)? Do your people feel a sense of fairness? 7. Financial rewards: Can actually undermine intrinsic motivation (the over-justification effect)! – But use other forms of recognition! 12 What can you provide that will improve performance of your team and/or key people in it?
  • 13. • Interpersonal differences can impede not only an individual’s success, but also the group’s success. • A team contract culture has been found to help teams succeed. • What do we need to consider in a team culture? 13 Managing teams
  • 14.  What is our key goal/objective?  How shall we work together in order to maximize the probability of reaching our goals?  How do we want to address social loafing?  How do we want to handle lack of performance and failure to meet team commitments?  How will we manage conflict?  How do we handle disruptive behaviour (physical, verbal, nonverbal)?  What will the punishment be if a team member violates the agreement?  How will we conduct ourselves at meetings?  How will we reward ourselves as a team?  What will be our plan to revisit our culture? 14 Questions to answer
  • 15. Personal development: How will I do it? 15
  • 16. • Learning Goal Orientation: Emphasize performance improvement rather than outcomes • Performance Goal Orientation: Emphasize the outcome (e.g., good grades, promotion) • Learning orientation leads to more realistic goal setting, persisting through adversity, seeing failure as a learning opportunity, seeking feedback, learning strategies (e.g., rehearsing) • Often seen as a trait but can be induced (values, framing, preparation). 16 Personal development success: Framing Source: Gist & Stevens, 1997
  • 17. • What is your strategy for development? – Use multiple methods to develop self – SMART goals can provide a general structure – Focus on what the method, your timeline is, the specific action you will take • Who/what can I learn from? – LBS career centre – LBS electives – Mentors – Peers (feedback) – Books • Cognitive Behavioural Therapy: – Antecedents – Behaviours – Consequences – Specific action plan 17 Personal development: How will I do it?
  • 18. 18 Antecedent Behavior Consequence New Opportunities Intense/Action-Oriented Overwhelmed Employees Steps: – Recognize the trigger (New opportunities) – Recognize the cues from others (Changes in employee behaviour, e.g., more stressed) – Develop a specific, alternative behaviour
  • 20. • Biggest obstacle in changing yourself is self-control; need to make this easy so self-control is not depleted. • Cognition: Direct yourself – Set goals – Point yourself to destination (clarity, not too many, not far off, achievable) – Recognize your limitations • Motivation: Sense of purpose (Why is this important? What are the long-term ROIs?) • Road map: – Remove/create obstacles – Go public – Restore depleted energy/self-control: Positive mood stimulus (Baumeister) 20 Making change possible
  • 21. • Encourage a learning orientation within your team, that allows feedback. And when you get negative feedback……. • What can I learn from this situation? What are the benefits of this negative situation? • Instead of ruminating, write about your experiences. Really dissect the antecedents and consequences to your behavior. 21 Managing setbacks
  • 22. • Student leadership role is an excellent time to practice leadership behaviors • Take time to align your personal objectives with your club objectives • Proactively manage your team 22 Takeaways