This document provides a summary of a leadership conference presentation on strategies for extraordinary leaders. The presentation was given by Tom Hood, CEO of the Maryland Association of CPAs Business Learning Institute, at the 2010 IGAF Worldwide Women's Leadership Conference on CPA Island in Second Life. The presentation focused on the five qualities of extraordinary leaders: sight, insight, create, communicate, and inspire. It also provided a toolkit and practice exercises for developing these leadership qualities using the Insight to Action strategic thinking system.
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THE POWER OF INFLUENCE: LEADERSHIP STRATEGIES FOR THE EXTRAORDINARY LEADER
1. The Power of
Influence:
Leadership
Strategies for the
Extraordinary
Leader
IGAF Worldwide 2010 Women's
Leadership Conference
Presented by :
Tom Hood, CPA.CITP
CEO
Maryland Association of CPAs
Business Learning Institute
1
2. IGAF Worldwide Headquarters
CPA Island in Second Life
http://slurl.com/secondlife/CPA%20Island/53/217/21/?title=IGAF%20Worldwide%20on%
20CPA%20Island
3. Are you an untouchable?
A Washington lawyer friend recently
told me about layoffs at his firm. I
asked him who was getting axed.
He said it was interesting: lawyers
who were used to just showing up
and having work handed to them
were the first to go because with the
bursting of the credit bubble, that
flow of work just isnât there.
But those who have the ability
to imagine new services, new
opportunities and new ways
to recruit work were being
retained. They are the new
untouchables.
4. What is the # 1 reason leaders (and their
organizations) fail?
4
8. You need new skills and new approaches
to ride these waves of change
Photo: Prattâs surfing page
9. You will learn how
to lead in turbulent
times and become
a navigator of
change using BLI's
I2A - Insight to
Action strategic
thinking system
Sight Insight Create Communicate Inspire!Â
19. Five Qualities of Extraordinary Leaders
1. Sight - Ability to see emerging
patterns and shift perspective
when necessary
2. Insight - Ability to learn faster
than the rate of change in your
industry
3. Create - Ability to think
strategically and critically to gain
insights that create new
opportunities
4. Communicate - Ability to
collaborate inside and outside
your organization and to build
and sustain social networks of
people engaged in the work
5. Inspire â Ability to mobilize
support and engage others to
join you in ACTION
21. Sight
Itâs not what you look at that matters, it is what
you see â Henry David Thoreau
âThe faster you go, the further
ahead you have to see.â
22. Insight
& Opportunities
âBut a time of turbulence isÂ
also one of greatÂ
opportunity for those whoÂ
can understand, accept andÂ
exploit the new realities. It isÂ
above all a time ofÂ
opportunity for leadership.âÂ
Â
 â Peter Drucker, Â
   Managing in Turbulent TimesÂ
InsightÂ
24. Communicate
ExtraordinaryÂ
leaders must be O
E W R
adept at network K
leadership â which T
S
is the building & N
sustaining of largeÂ
social networks ofÂ
people engaged inÂ
the work.Â
CommunicateÂ
26. Sight
Itâs not what you look at that matters, it is what
you see â Henry David Thoreau
âThe faster you go, the further
ahead you have to see.â
28. The economy is still uncertain?
Economists offer a wide range of predictions...
Source: Banham, R. (2010 Mar 1). The shape of things to come. CFO Magazine.Â
29.
30.
31. The fact of the matter is, this is not a normal
downturn, this is a âŚfundamental re-SET!
- Steve Ballmer â CEO Microsoft
32. How many of you think changes will slow down in the near term?
 âAs it relates to science and technology, the rate ofÂ
change in the next decade, is likely to be 4 to7Â
times faster than in the last decade.  If it is 4x fasterÂ
it would be like planning for 2010 in 1890, if it is 7x  Â
faster it would be like planning for 2010 in 1670.âÂ
 âExpert on Education Panel, The Aspen InstituteÂ
42. Generation Gap? Or Generation Lap?
Generations
âIn 1997, young people for the first time were
recognized by adults as being authorities on
something truly revolutionary â digital technology,
interactive media, and collaboration.â
â Don Tapscott âGrowing Up Digitalâ
NGenophobiaâthe irrational and morbid
fear of youth, especially with regards to
their use of the Internet
44. Bottom Line: How to keep your star talent
⢠Engage your top performers
⢠Coach tomorrowâs leaders
⢠Manage your Millennials
Think AMP
⢠Autonomy
⢠Mastery
⢠Purpose
46. ⢠Information Security ⢠Training & Competency
Management ⢠Identity & Access
⢠Privacy Management Management
⢠Secure Data File Storage, ⢠Improved Application &
Transmission and Integration
Exchange ⢠Document, Forms, Content
⢠Business Process & Knowledge Management
Improvement / Work Flow ⢠Electronic Data Retention
⢠Mobile & Remote Strategy
Computing ⢠Cloud computing
⢠XBRL
47. Technology & Web 2.0
By 2010, Millenials/Gen Y-ers will outnumber
Baby Boomers.
48. Here are five major benefits that The EconomistÂ
report says that social media has created:Â
1. Trusted online venues where real people
can meet up using their real identities.
2. New ways for firms and organizations to
reach their customers and those who
influence them.
3. Reduced friction in labor markets by
allowing employers and prospective
employees to find each other and connect.
4. Faster information flow and communication
inside companies and organizations.
5. A "free and immensely powerful set of
communication and collaboration tools to
everyone on Earth who has access to a
broadband internet connection."
49. Risk ManagementÂ
⢠Educate & train your staffÂ
⢠Set security & usage policiesÂ
⢠Restrict Access during certain Â
 times (if you have to)Â
⢠Monitor â using search & Â
 google alertsÂ
51. The urge to merge?
First wave â the public co consolidators
Second wave â small practices unite
Third wave â super-regionals, national, global
52. Top 10 Issues Facing CPAsÂ
1. Economic Outlook Â
2. Tax Â
3. Business Operations Â
4. Implementation and ExecutionÂ
of Plans Â
5. New Business Development Â
6. Personal/ProfessionalÂ
Development Â
7. Management and Leadership Â
8. Financial Regulatory Reform Â
9. Access to Financing and Credit Â
10 New Accounting Standards,Â
IFRSÂ
Source: CPA Trendlines for AICPA Feb, 2010
62. âIf I had an hour to solve a problem
and my life depended on the solution,
I would spend the first 55 minutes
determining the proper question to
ask, for once I know the proper
question, I could solve the problem in
less than five minutes.â
    âALBERT EINSTEINÂ
66. Which of these are powerfulÂ
questions?Â
1. What time is it?
2. Did you take a shower?
3. What possibilities exist that we havenât
thought of yet?
4. What does it mean to be ethical?Â
Hands â on Exercise
75. The meta map of the I2Aâ˘Strategic Thinking System provides an
architecture or framework to structure thinking and conversation as you
engage. When talking about complex issues that arenât completely
understood, or debating solutions where there are multiple points of view, it is
easy 75 get lost in the conversation and prematurely locked into a solution.
to
79. Are you indispensable?
Imagine an organization with an
employee who can accurately see
the truth, understand the situation,
and understand the potential
outcomes of various decisions.
And now imagine that this person
is also able to make something
happen.
This is our leader, our marketer,
our linchpin!
80. The only question for leaders
Have I made
you feel
stronger and
more capable?
Source: Emmanuel Gobillot -
LeaderShift