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Venture Asia Leadership Dynamics Mick Yates Singapore, January 1999

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Page 1: Venture Asia Leadership Dynamics Mick Yates Singapore, January 1999 Mick Yates Singapore, January 1999

Venture AsiaLeadership Dynamics

Venture AsiaLeadership Dynamics

Mick YatesSingapore, January 1999

Mick YatesSingapore, January 1999

Page 2: Venture Asia Leadership Dynamics Mick Yates Singapore, January 1999 Mick Yates Singapore, January 1999

page 2© mick yates January 1999

According to the Wall Street Journal on January 18

almost all HR professionals focus on downsizing & cost cutting

….. what is left to lead?

According to the Wall Street Journal on January 18

almost all HR professionals focus on downsizing & cost cutting

….. what is left to lead?

Page 3: Venture Asia Leadership Dynamics Mick Yates Singapore, January 1999 Mick Yates Singapore, January 1999

page 3© mick yates January 1999

According to the Wall Street Journal on January 18

Genghis “lived to humiliate his enemies”

….. how should we lead?

According to the Wall Street Journal on January 18

Genghis “lived to humiliate his enemies”

….. how should we lead?

Page 4: Venture Asia Leadership Dynamics Mick Yates Singapore, January 1999 Mick Yates Singapore, January 1999

page 4© mick yates January 1999

According to Inc. Magazine this month

The average office workerfiles 80% of the data they receive without using it!

….. how can we lead the “knowledge”?

According to Inc. Magazine this month

The average office workerfiles 80% of the data they receive without using it!

….. how can we lead the “knowledge”?

Page 5: Venture Asia Leadership Dynamics Mick Yates Singapore, January 1999 Mick Yates Singapore, January 1999

page 5© mick yates January 1999

“All human unhappiness comes from not squarely facing reality, exactly as it is right now”

“All human unhappiness comes from not squarely facing reality, exactly as it is right now”

Page 6: Venture Asia Leadership Dynamics Mick Yates Singapore, January 1999 Mick Yates Singapore, January 1999

page 6© mick yates January 1999

• Liquidity crunch

• Forward planning

• Institutional crisis

• Leadership crisis

• Liquidity crunch

• Forward planning

• Institutional crisis

• Leadership crisis

Vision

Innovation & speed

Connectivity & knowledge

Interdependence

Vision

Innovation & speed

Connectivity & knowledge

Interdependence

Lessons of the Asian Crisis ...Lessons of the Asian Crisis ...

Page 7: Venture Asia Leadership Dynamics Mick Yates Singapore, January 1999 Mick Yates Singapore, January 1999

page 7© mick yates January 1999

• Leaders - are interdependent with followers

• Leaders - always accelerate change

• Leaders - have a rock-solid value system which is congruent with their followers’

• Leaders - are interdependent with followers

• Leaders - always accelerate change

• Leaders - have a rock-solid value system which is congruent with their followers’

Eternal Leadership truths

Eternal Leadership truths

Page 8: Venture Asia Leadership Dynamics Mick Yates Singapore, January 1999 Mick Yates Singapore, January 1999

page 8© mick yates January 1999

• task orientation• individual efforts• shareholder value• work the deal before the

relationships• “confrontation”• ability before character• single discipline training• verbal focus

• task orientation• individual efforts• shareholder value• work the deal before the

relationships• “confrontation”• ability before character• single discipline training• verbal focus

• process orientation• group efforts• market share• work the relationship

before the deal• “wa” = harmony• character first• multi-discipline training• high non-verbal context

• process orientation• group efforts• market share• work the relationship

before the deal• “wa” = harmony• character first• multi-discipline training• high non-verbal context

Western AsianWestern Asianbe both!

Leadership stylesLeadership styles

Page 9: Venture Asia Leadership Dynamics Mick Yates Singapore, January 1999 Mick Yates Singapore, January 1999

page 9© mick yates January 1999

ENERGIZEENERGIZE

ENVISIONENVISION

ENABLEENABLE

EMPOWEREMPOWER

Institutional InterdependenceInstitutional Interdependence Facilitating

& TeachingFacilitating & Teaching

Strategic InnovationStrategic Innovation

4E’s process4E’s process

Page 10: Venture Asia Leadership Dynamics Mick Yates Singapore, January 1999 Mick Yates Singapore, January 1999

page 10© mick yates January 1999

Mohandas GandhiMohandas Gandhi

Page 11: Venture Asia Leadership Dynamics Mick Yates Singapore, January 1999 Mick Yates Singapore, January 1999

page 11© mick yates January 1999

ENVISION The political independence of India, based onspiritual renewal of her people, and on theequality of Hindu, Muslim. Abolish castes.

ENABLE Organization skills - e.g. ambulance corpsThe "Constructive Program". The Ashrams.Congress charter. "Swadeshi".

EMPOWER Discipline & freedom, for self and followers."Satyagraha" and "Swaraj". Love. Respect.

ENERGIZE Walked the talk - he was the programThe "Salt March". Fasting. Charisma.Disregard for self - no fear - prison. Words.

Mohandas GandhiMohandas Gandhi

Page 12: Venture Asia Leadership Dynamics Mick Yates Singapore, January 1999 Mick Yates Singapore, January 1999

page 12© mick yates January 1999

Genghis KhanGenghis Khan

© National Geographic© National Geographic

Page 13: Venture Asia Leadership Dynamics Mick Yates Singapore, January 1999 Mick Yates Singapore, January 1999

page 13© mick yates January 1999

ENVISION Preserve nomadic lifestyle & live off theland. Realize the longstanding Mongoldream of "conquering the World".

ENABLE Compound bow, short stirrup. "Yasa" code.Merit based units of 10, 1000, 10000.Pony express communications.

EMPOWER Trusted Locals running conquered cities.Promotion on merit. Generous. Loyal. Frank.

ENERGIZE Very strong & clear Mongol values.Always led from the front. Charismatic.Either surrender or be slaughtered!

Genghis KhanGenghis Khan

Page 14: Venture Asia Leadership Dynamics Mick Yates Singapore, January 1999 Mick Yates Singapore, January 1999

page 14© mick yates January 1999

Envision the change

Envision the change

If you can’t innovate fast …..

….. you can’t Lead!

If you can’t innovate fast …..

….. you can’t Lead!

Page 15: Venture Asia Leadership Dynamics Mick Yates Singapore, January 1999 Mick Yates Singapore, January 1999

page 15© mick yates January 1999

• 1940’s & 50’s

– Local businesses

– Traditional values

– Geography

– Worker as asset

• 1940’s & 50’s

– Local businesses

– Traditional values

– Geography

– Worker as asset

1970’s & 80’s

Multinationals

“Cherry picking”

Nations

Teamwork

1970’s & 80’s

Multinationals

“Cherry picking”

Nations

Teamwork

1990’s & 2000

Global economy

Global media

Interest groups

Individual skills

1990’s & 2000

Global economy

Global media

Interest groups

Individual skills

Global & Local at same time?

Global & Local at same time?

Page 16: Venture Asia Leadership Dynamics Mick Yates Singapore, January 1999 Mick Yates Singapore, January 1999

page 16© mick yates January 1999

Page 17: Venture Asia Leadership Dynamics Mick Yates Singapore, January 1999 Mick Yates Singapore, January 1999

page 17© mick yates January 1999

Wife Career person Leader (+ spiritual)

Change - the (Asian) Woman as

Leader?

Change - the (Asian) Woman as

Leader?

– 1970/80’s

– Female jobs only– Family oriented– Traditional values

– 1970/80’s

– Female jobs only– Family oriented– Traditional values

1980/90’s

Similar jobs to menAware of own

needsWealth & success

1980/90’s

Similar jobs to menAware of own

needsWealth & success

“ASEAN woman” - Ammirati Puris Lintas, Summer 1998“ASEAN woman” - Ammirati Puris Lintas, Summer 1998

2000’s

Feminine skills OKAware of capabilitiesMore value focused

2000’s

Feminine skills OKAware of capabilitiesMore value focused

Page 18: Venture Asia Leadership Dynamics Mick Yates Singapore, January 1999 Mick Yates Singapore, January 1999

page 18© mick yates January 1999

Page 19: Venture Asia Leadership Dynamics Mick Yates Singapore, January 1999 Mick Yates Singapore, January 1999

page 19© mick yates January 1999

• Back Street Boys are “Global” favorites in 6 out of 12 Asia Pacific Countries

• …although Beethoven is tops in China!

• Back Street Boys are “Global” favorites in 6 out of 12 Asia Pacific Countries

• …although Beethoven is tops in China!

“New Generasians” - Cartoon Network & A.C.Nielsen, kids 7-18, March/April 1998“New Generasians” - Cartoon Network & A.C.Nielsen, kids 7-18, March/April 1998

• No consistency in local music favorites

• The kids seem to like and know everything!

• No consistency in local music favorites

• The kids seem to like and know everything!

Asian kids or Global kids?

Asian kids or Global kids?

Page 20: Venture Asia Leadership Dynamics Mick Yates Singapore, January 1999 Mick Yates Singapore, January 1999

page 20© mick yates January 1999

Page 21: Venture Asia Leadership Dynamics Mick Yates Singapore, January 1999 Mick Yates Singapore, January 1999

page 21© mick yates January 1999

• Supplier

• Brand

• Technology

• Science

• Business life

• Country

• Intellectual Q

• Supplier

• Brand

• Technology

• Science

• Business life

• Country

• Intellectual Q

• Buyer

• Service

• Idea

• Art & design

• Private life

• Interest group

• Emotional Q

• Buyer

• Service

• Idea

• Art & design

• Private life

• Interest group

• Emotional Q

brand,service

or emotion?

Blur – product or service?

Blur – product or service?

Adapted from Chris Meyer & Stan Davis, “Blur”Adapted from Chris Meyer & Stan Davis, “Blur”

Page 22: Venture Asia Leadership Dynamics Mick Yates Singapore, January 1999 Mick Yates Singapore, January 1999

page 22© mick yates January 1999

Empower the change

Empower the change

If you can’t connect people …..

….. you can’t Lead!

If you can’t connect people …..

….. you can’t Lead!

Page 23: Venture Asia Leadership Dynamics Mick Yates Singapore, January 1999 Mick Yates Singapore, January 1999

page 23© mick yates January 1999

Leaders connect people & structures

Leaders connect people & structures

• IT Infrastructure

• Team design

• “Virtual Leadership”

• IT Infrastructure

• Team design

• “Virtual Leadership”

Page 24: Venture Asia Leadership Dynamics Mick Yates Singapore, January 1999 Mick Yates Singapore, January 1999

page 24© mick yates January 1999

DATA

INFORMATION

DATA

BEST PRACTICE

BENCHMARKS

PROCESS

KNOWLEDGE

= OBJECTIVE FACTS= OBJECTIVE FACTS

= CATEGORIZED= CATEGORIZED

= COMPARED & CONNECTED= COMPARED & CONNECTED

wisdom?

Leaders help data become knowledgeLeaders help data

become knowledge

Page 25: Venture Asia Leadership Dynamics Mick Yates Singapore, January 1999 Mick Yates Singapore, January 1999

page 25© mick yates January 1999

• Useful codification

• Accessibility in real time

• “Virtual water coolers”

• Useful codification

• Accessibility in real time

• “Virtual water coolers”

Leaders connect knowledge

Leaders connect knowledge

Page 26: Venture Asia Leadership Dynamics Mick Yates Singapore, January 1999 Mick Yates Singapore, January 1999

page 26© mick yates January 1999

DedicatedProject teamsDedicatedProject teams

OperatingOrganizationOperatingOrganization

Corporate knowledge base& values

Corporate knowledge base& values

leaders hyper connectleaders hyper connectIkujiro Nonaka and Horotaka TakeuchiIkujiro Nonaka and Horotaka Takeuchi

Page 27: Venture Asia Leadership Dynamics Mick Yates Singapore, January 1999 Mick Yates Singapore, January 1999

page 27© mick yates January 1999

Empower the change

Empower the change

If you can’t teach …..

….. you can’t Lead!

If you can’t teach …..

….. you can’t Lead!

Page 28: Venture Asia Leadership Dynamics Mick Yates Singapore, January 1999 Mick Yates Singapore, January 1999

page 28© mick yates January 1999

Personal

SKILL

Group

BASE

Developing

People

Handling

Complexity

Fast

Innovation

Customer

Focus

Leading

Interdependence

Business targets

Value system

Teach your leadership model

Teach your leadership model

Page 29: Venture Asia Leadership Dynamics Mick Yates Singapore, January 1999 Mick Yates Singapore, January 1999

page 29© mick yates January 1999

Empower the change

Empower the change

If you can’t measure …..

….. you can’t teach!

If you can’t measure …..

….. you can’t teach!

Page 30: Venture Asia Leadership Dynamics Mick Yates Singapore, January 1999 Mick Yates Singapore, January 1999

page 30© mick yates January 1999

0% 1%4%

25%

37%

25%

8%

0

10

20

30

40

less eff ect ive ------ m ore eff ect ive

Measure individual leadership

Measure individual leadership

Page 31: Venture Asia Leadership Dynamics Mick Yates Singapore, January 1999 Mick Yates Singapore, January 1999

page 31© mick yates January 1999

Empower the change

Empower the change

If you can’t facilitate …..

….. you can’t Lead!

If you can’t facilitate …..

….. you can’t Lead!

Page 32: Venture Asia Leadership Dynamics Mick Yates Singapore, January 1999 Mick Yates Singapore, January 1999

page 32© mick yates January 1999

• Your “story”

• Walk the talk

• Teach

• Course correct

• Your “story”

• Walk the talk

• Teach

• Course correct

Leadership gap - Energize the

change ...

Leadership gap - Energize the

change ...

Page 33: Venture Asia Leadership Dynamics Mick Yates Singapore, January 1999 Mick Yates Singapore, January 1999

page 33© mick yates January 1999

• Visionary leaders or visible leaders?

• Interdependence or independence?• Long term or short term?• Creativity or discipline?• Trust or change?

• Visionary leaders or visible leaders?

• Interdependence or independence?• Long term or short term?• Creativity or discipline?• Trust or change? Bust bureaucracy or standardize? People or productivity? Strategy or execution? Sales growth or cost reduction? Market share or profit?

Bust bureaucracy or standardize? People or productivity? Strategy or execution? Sales growth or cost reduction? Market share or profit?

the answer is“yes” …

.... so facilitatedon’t manage

Leaders want everything

Leaders want everything

Page 34: Venture Asia Leadership Dynamics Mick Yates Singapore, January 1999 Mick Yates Singapore, January 1999

page 34© mick yates January 1999

• Start with (and stick to) a vision

• Let go (of your power) • Patience• Listen for what is not said• Interdependence via process

• Start with (and stick to) a vision

• Let go (of your power) • Patience• Listen for what is not said• Interdependence via process

• Asia & West

• Asia• Asia• Asia• Asia

• Asia & West

• Asia• Asia• Asia• Asia

Set out clear ground rules up front Expose your value system, first Empowerment “contract” Get all the issues out

Stick to the process - refuse to budge

Set out clear ground rules up front Expose your value system, first Empowerment “contract” Get all the issues out

Stick to the process - refuse to budge

West West West West

Asia & West

West West West West

Asia & West

Leaders facilitateLeaders facilitate

Page 35: Venture Asia Leadership Dynamics Mick Yates Singapore, January 1999 Mick Yates Singapore, January 1999

page 35© mick yates January 1999

• Envision

• Enable

• Empower

• Energize

• Envision

• Enable

• Empower

• Energize

All routed in a 100% congruent value system All routed in a 100% congruent value system

Innovate fast!

Connect the knowledge

Teach Leadership

Facilitate

Innovate fast!

Connect the knowledge

Teach Leadership

Facilitate

Leaders use the 4E’s

Leaders use the 4E’s

Page 36: Venture Asia Leadership Dynamics Mick Yates Singapore, January 1999 Mick Yates Singapore, January 1999

page 36© mick yates January 1999

“Never underestimate the enemy. Respect him, but equally always

remember, regardless of the odds, team to team, yours is better. If

there is any doubt in your mind in regard to this previous sentence

you had better start training harder, or hand over your command”

Australian Army Leadership Manual, 1994

“Never underestimate the enemy. Respect him, but equally always

remember, regardless of the odds, team to team, yours is better. If

there is any doubt in your mind in regard to this previous sentence

you had better start training harder, or hand over your command”

Australian Army Leadership Manual, 1994