strategic leadership: managing the cycles of change · strategic leadership: managing the cycles of...

25
Strategic Leadership: Managing the Cycles of Change 2017 RCPA Conference October 11, 2017 Dr. Albert A. Vicere Executive Education Professor of Strategic Leadership The Smeal College of Business Administration The Pennsylvania State University President Vicere Associates, Inc. http://www.vicere.com Phone: +1.814.667-3137 Fax: +1.814.667-3140 email: [email protected] © 2017, Vicere Associates, Inc. All Rights Reserved.

Upload: doantu

Post on 04-Apr-2018

219 views

Category:

Documents


3 download

TRANSCRIPT

  • Strategic Leadership:Managing the Cycles of Change2017 RCPA Conference

    October 11, 2017

    Dr. Albert A. VicereExecutive Education Professor of Strategic LeadershipThe Smeal College of Business AdministrationThe Pennsylvania State University

    PresidentVicere Associates, Inc.http://www.vicere.com

    Phone: +1.814.667-3137 Fax: +1.814.667-3140 email: [email protected]

    2017, Vicere Associates, Inc. All Rights Reserved.

    http://www.vicere.com/

  • 2

    Leaders master context.Managers surrender to it.

    --Warren Bennis

    2017, Vicere Associates, Inc. All Rights Reserved.

  • The Strategic Leadership Mindset

    Look Out Look Around

    Look toYour Team

    2017, Vicere Associates, Inc. All Rights Reserved.

    Look for Results

    Look inthe Mirror

    3

  • 4

    Case Study: Whats Going On?

    1. Appraise Jordans performance on a scale of 1 (poor) to 5 (outstanding).

    2. What is the impact of Jordans style on commitment and productivity across the organization?

    3. What advice do you have for Jordan?

    4. Any personal lessons?

    2017, Vicere Associates, Inc. All Rights Reserved.

  • 5 2017, Vicere Associates, Inc. All Rights Reserved

    The 21st Century LeaderMindsets

    Boundaryless thinker Network builder Diplomat Interpreter

  • 6

    Boundaryless Thinker--Thinking beyond the status quo

    Critical Skill SetsBig picture perspectiveOpenness to ideasWillingness to look beyond oneself

    for capabilities and resources

    2017, Vicere Associates, Inc. All Rights Reserved

    Strategic Leadership Mindsets

  • 7

    Network BuilderFinding and linking with complementary partners

    Critical Skill SetsRelationship mindsetKnowledge of own value and

    uniquenessAbility to recognize others value

    and uniquenessSearch for synergy

    2017, Vicere Associates, Inc. All Rights Reserved

    Strategic Leadership Mindsets

  • 8

    DiplomatDeveloping the skills to manage networks

    Critical Skill SetsAbility to relateAbility to communicateAbility to negotiate

    2017, Vicere Associates, Inc. All Rights Reserved

    Strategic Leadership Mindsets

  • 9

    InterpreterHelping partners see the benefits of working together

    Critical Skill SetsSolid knowledge of businessBroad knowledge of marketplaceAbility to influence others

    2017, Vicere Associates, Inc. All Rights Reserved

    Strategic Leadership Mindsets

  • 10

    21st Century Leadership Roles Please take a few minutes to rate yourself as a 21st century leader. Indicate, from your personal perspective, the degree to which you demonstrate capability in each role. Scale: 1=not at all 3=to a moderate extent 5=to a great extent Boundaryless ThinkerThinking beyond the status quo 1) Big picture perspective 1 2 3 4 5 2) Openness to ideas 1 2 3 4 5 3) Willingness to look beyond oneself for capabilities and resources 1 2 3 4 5 Network BuilderFinding and linking with complementary partners 1) Relationship mindset 1 2 3 4 5 2) Knowledge of your own value and uniqueness 1 2 3 4 5 3) Ability to recognize others value and uniqueness 1 2 3 4 5 4) Searching for synergy 1 2 3 4 5 DiplomatDeveloping the skills to manage networks 1) Ability to relate 1 2 3 4 5 2) Ability to communicate 1 2 3 4 5 3) Ability to negotiate 1 2 3 4 5 InterpreterHelping partners see the benefits of working together 1) Solid knowledge of business 1 2 3 4 5 2) Broad knowledge of marketplace 1 2 3 4 5 3) Ability to influence others 1 2 3 4 5

    2017, Vicere Associates, Inc. All Rights Reserved.

    21st Century Leadership Roles

    Please take a few minutes to rate yourself as a 21st century leader. Indicate, from your personal perspective, the degree to which you demonstrate capability in each role.

    Scale: 1=not at all 3=to a moderate extent 5=to a great extent

    Boundaryless ThinkerThinking beyond the status quo

    1) Big picture perspective

    12345

    2) Openness to ideas

    12345

    3) Willingness to look beyond oneself for capabilities and resources

    12345

    Network BuilderFinding and linking with complementary partners

    1) Relationship mindset

    12345

    2) Knowledge of your own value and uniqueness

    12345

    3) Ability to recognize others value and uniqueness

    12345

    4) Searching for synergy

    12345

    DiplomatDeveloping the skills to manage networks

    1) Ability to relate

    12345

    2) Ability to communicate

    12345

    3) Ability to negotiate

    12345

    InterpreterHelping partners see the benefits of working together

    1) Solid knowledge of business

    12345

    2) Broad knowledge of marketplace

    12345

    3) Ability to influence others

    12345

  • 11

    Leadership: What Followers Say

    2017, Vicere Associates, Inc. All Rights Reserved.

    Followers want community Followers want significance Followers want excitement Followers want authenticity

  • 12

    LifeLoveLegacy

    2017, Vicere Associates, Inc. All Rights Reserved.

    Leadership: What It Boils Down To

  • 13

    Leadership is the courage to admit mistakes, the vision to welcome change, the enthusiasm to motivate others, and the confidence to stay out of step when everyone else is marching to the wrong tune.

    --E. M. EstesFormer PresidentGeneral Motors

    2017, Vicere Associates, Inc. All Rights Reserved.

  • Self Test--Strategic LeadershipOn a scale of 1 (rarely) to 7 (almost always), how often do you:

    Anticipate [survey average: 4.99]1. Gather information from a wide network of experts and sources inside and outside your industry and function? 1 2 3 4 5 6 72. Predict competitors' potential moves and likely reactions to new initiatives or products? 1 2 3 4 5 6 7

    Challenge [survey average: 5.52]3. Reframe a problem from several angles to understand root causes? 1 2 3 4 5 6 74. Seek out diverse views to see multiple sides of an issue? 1 2 3 4 5 6 7

    Interpret [survey average: 5.78]5. Demonstrate curiosity and an open mind? 1 2 3 4 5 6 76. Test multiple working hypotheses with others before coming to conclusions? 1 2 3 4 5 6 7

    Decide [survey average: 4.81]7. Balance long-term investment for growth with short-term pressure for results? 1 2 3 4 5 6 78. Determine trade-offs, risks & unintended consequences for customers & stakeholders when making decisions? 1 2 3 4 5 6 7

    Align [survey average: 5.01]9. Assess stakeholders' tolerance and motivation for change? 1 2 3 4 5 6 710. Pinpoint and address conflicting interests among stakeholders? 1 2 3 4 5 6 7

    Learn [survey average: 4.95] 11. Communicate stories about success and failure to promote institutional learning? 1 2 3 4 5 6 712. Course correct on the basis of disconfirming evidence, even after a decision has been made? 1 2 3 4 5 6 7

    *Averages are based on responses to this survey from more than 20,000 executives

    Source: Schoemaker, P. J. H., S. Krupp and S. Howland. 2013. Strategic leadership: The essential skills. Harvard Business Review (January/February): 131-134.

    2017, Vicere Associates, Inc. All Rights Reserved. 14[

  • 15

    And So

    2017, Vicere Associates, Inc. All Rights Reserved.

  • 16

    Components of Strategic Leadership

    Strategic thinking Direction setting Culture building

    Seeing is auditing life. Vision is interpreting life so that others may see it.

    --James RossBP

    2017, Vicere Associates, Inc. All Rights Reserved

  • 17

    Because we are bound by what we know, it is difficult to imaginewhat we dont know.

    -- Walter Wriston

    2017, Vicere Associates, Inc. All Rights Reserved

  • Strategic Thinking

    Look Outside Look to Comparators Look Inside

    Avoid Thinking In Reverse

    Think Outside-In

    2017, Vicere Associates, Inc. All Rights Reserved 18

  • 19

    You can't depend on your judgment when your imagination is out of focus.

    -- Mark Twain

    2017, Vicere Associates, Inc. All Rights Reserved

  • 20

    Direction Setting

    Declaration of purpose Long-term perspective Value and uniqueness Ongoing evolution

    Develop a Purpose, Build a Plan, Stay Focused, Be Persistent

    2017, Vicere Associates, Inc. All Rights Reserved

  • 21

    Treat a person as they are and they will remain as they are. Treat a person as they can and should be and they will become what they can and should be.

    -- Goethe

    2017, Vicere Associates, Inc. All Rights Reserved

  • 22

    Commitment Competence Consistency

    Culture Building

    What gets measured is what drives focus, what gets rewarded

    is what gets repeated.

    2017, Vicere Associates, Inc. All Rights Reserved

  • 23

    Strategic Leadership: An Integrative Perspective

    Organizational Capabilities

    Direction Setting

    Purpose Long-term

    perspective Value and

    uniqueness Ongoing

    evolution

    Culture Building

    Commitment

    Competencies

    Consistency

    Strategic Thinking Outside

    Comparators

    Inside

    Lessons Learned Metrics Rewards Feedback

    Performance

    2017, Vicere Associates, Inc. All Rights Reserved

  • 24

    Leadership is the courage to admit mistakes, the vision to welcome change, the enthusiasm to motivate others, and the confidence to stay out of step when everyone else is marching to the wrong tune.

    --E. M. EstesFormer PresidentGeneral Motors

    2017, Vicere Associates, Inc. All Rights Reserved.

  • The best way to predict the future is to create it.

    -- Peter Drucker

    2017, Vicere Associates, Inc. All Rights Reserved. 25

    Slide Number 1Slide Number 2Slide Number 3Slide Number 4The 21st Century LeaderMindsetsStrategic Leadership MindsetsStrategic Leadership MindsetsStrategic Leadership MindsetsStrategic Leadership MindsetsSlide Number 10Slide Number 11Slide Number 12Slide Number 13Slide Number 14Slide Number 15Components of Strategic LeadershipSlide Number 17Strategic ThinkingSlide Number 19Direction SettingSlide Number 21Culture BuildingSlide Number 23Slide Number 24Slide Number 25