exceptional leadership how to optimize for results
TRANSCRIPT
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with Grant Herlitz & Stuart R. Levine hosted by Passageways
October 25, 2017
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Stuart R. Levine
Chairman and CEO of Stuart Levine & Associates LLC, a management consulting firm for governance, strategic thinking and C-Suite leadership and Chairman and CEO of EduLeader LLC, an online digital learning company
NACD Governance Fellow and was twice awarded the top 100 director by this organization
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Board governance expert, currently serving on the board of Broadridge Financial Solutions, as Chairman of Governance and Nominating Committee and member of the Audit Committee
Best-selling author of three leadership books published in 37 countries with over 1.2 million hard copies sold and his monthly thought-leadership articles are published in Forbes and The Credit Union Times
“The Six Fundamentalsof Success”
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Grant Herlitz
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President of the Howard Hughes Corporation
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Oversees the daily operations and works closely with the CEO in developing the strategy for the company.
Member of the International Council of Shopping Centers and the Urban Land Institute, where he serves on the Office Development Council, as well as being an active member of the Dallas chapter of the Young Presidents Organization
Known for his dynamic leadership style and ability to develop and inspire talent, Mr. Herlitz has direct oversight over a committed and passionate team of professionals that lead the company’s acquisition, development, leasing and operating platforms
Do you believe your company’s vision, mission and values are clearly understood and embraced?
• Yes completely• 75% of employees• 50% of employees• Less than 50% of employees• No
POLL Q1
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: 17%: 38%: 28%: 15%: 1%
Exceptional Leadership
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How do you continuously stimulate innovation and what does it mean to "lean" into the future?
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• The philosophy of being curious and constantly
asking questions
• Our leadership asks “Why” until we get a satisfactory
answer and then we ask “How”
• The relentless pursuit of excellence
• The body of trust that surrounds these conversations
• Making innovation a reality through sharing
knowledge and learning together
Stimulate innovation and "lean" into the future
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Do your employees understand where your organization is going? Are they engaged and do they understand the role they play in the achievement of results?
•Yes completely•75% of employees•50% of employees•Less than 50% of employees•No
POLL Q2
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: 6%: 28%: 49%: 17%: 0%
Exceptional Leadership
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How do you create engagement and agile teams to ensure the greatest productivity and results?
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• Strong intellectual dedication and financial commitment from Day One
• Senior leaders commitment to invest the time/speak to ALL new hires
• The history of the company and its relentless pursuit of the impossible
• Setting the standards for behaviors and expectations from Howard
Hughes leadership and culture/DNA
• Quarterly new talent two-day immersion sessions/Lunch and Learn,
programs to share diversity of opinions
• Find your story – what’s driving your success and how to embrace that
Creating engagement and agile teams
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Exceptional Leadership
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How do you prepare talent to embrace change and adapt to disruptions driven by evolving technologies?
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• Address the fear that they will be displaced
• Encourage employees to participate in destroying the process and
rebuilding from zero
• Train them to be accepting of change
• Significant time developing technologies that:
• Communicate throughout organization
• Enhance productivity within their spaces
• Track their businesses
• Provide cultural videos for constant learning
Prepare talent to embrace change and adapt to disruptions
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Exceptional Leadership
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How do you recruit and retain the best talent?
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How effective is your organization’s ability to recruit and retain top talent?
• Excellent• Good• OK• Not great• Poor
POLL Q3
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: 8%: 45%: 27%: 17%: 3%
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• Director of Talent Acquisition - Full time and immersed in company,
people and our culture and story to find the right talent
• Must challenge people and inspire them to do great things/impossible
things
• Employees understand the company is loyal to them, trustworthy and
supports me in my incredible achievements
• Importance of ethics, integrity, reputation and morals
• Stand behind your words
• Embrace and know that we are doing something good at every step of
the way
• Embrace learning
How do you recruit and retain the best talent?
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Do you believe you have a learning organization?
• Yes• We are trying to evolve in this direction• Not the whole organization • No
POLL Q4
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: 36%: 46%: 15%: 3%
Exceptional Leadership
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What is the impact of a disengaged workforce and its impact on your ability to create value?
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• #1 value is our people - above all else
• Gallup estimates the cost of a disengaged employee is 34% of a
person’s salary.
• If workforce is disengaged, productivity, innovation and creativity
suffers
• Cost of retaining and attracting talent spikes
• The extreme cost of talent loss in recruitment time, resources,
education, culture alignment for one year
What is the impact of a disengaged workforce and its impact on your ability to create value?
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howardhughes.com
The Howard Hughes Corporation owns, manages and develops commercial, residential and mixed-use real estate throughout the country. Our company is comprised of master planned communities, operating properties, development opportunities and other unique assets spanning 14 states from New York to Hawaii.