When it comes to the question of what makes for effective leadership, good manners should be top of the list. Manners is an overlooked topic when it comes to leadership. A lot of research has been done on the importance of good manners for great leadership.[Read more…] about Good Manners Makes for Great Leadership
Leading in a fast-paced, digital world demands a new way of working. Your ability to respond to a rapidly changing world is what makes the difference between success or failure. The need for agility is no longer just a nice to have, leading with agility is a matter of survival. Consider the following research assessing the longevity of Fortune 500 businesses over the past 61 years.
“Comparing the 1955 Fortune 500 companies to the 2016 Fortune 500, there are only 60 companies that appear in both lists. In other words, only 12% (and fewer than 1 in 8) of the Fortune 500 companies in 1955 were still on the list 61 years later in 2016, and more than 88% of the companies from 1955 have either gone bankrupt, merged with (or were acquired by) another firm, or they still exist but have fallen from the top Fortune 500 companies (ranked by total revenues).” – Fortune 500 firms 1955 v. 2016
Markets expect companies to constantly change and adapt. The message is clear. Either you adapt or you die!
Leadership is tough. Without a deep sense of meaning you’re probably going to give up long before you’ve reach your destination.
You should never embark on the challenging task of leadership without a deep sense of meaning. Meaning is at the very foundation of great leadership. One person who knew the importance of meaning is holocaust survivor, Viktor Frankl.
In September 1942, Viktor Frankl, a Jewish psychiatrist and neurologist in Vienna, was arrested and incarcerated in a Nazi concentration camp, along with his wife and parents. Although Frankl was released in April 1945, his mother Elsa and brother Walter died at Auschwitz and his wife died in Bergen-Belsen.
The Clipper Round the World Yacht Race is one of the toughest endurance tests of its kind.
Whilst most round the world yacht races are undertaken by professional sailors. The Clipper Round the World Race is open to anyone. People like you and I. No previous sailing experience necessary. The race organizers provide training, a 68-ft racing yacht, a skipper and you’re good to go!
The race is the brainchild of Sir Robin Knox-Johnston, who in 1969 became the first person to perform a single-handed, non-stop circumnavigation of the globe.
Henry Ford is reported to have said, “Why is it that every time I hire a pair of hands, they come with a brain attached?” This thinking is a reflection of how work was managed in a manufacturing era, where the repetitive nature of tasks required people to think as little as possible. The purpose of a team during these times was to manage the execution of a repeatable process as efficiently as possible. Leaders relied on authority, hierarchy, incentives, rewards and punishments to keep teams productive. History has shown that this approach was successful and worked well in a manufacturing era, however times have subsequently changed.
The competitive environment of today demands increased innovation. And innovation demands increased collaboration and teamwork. Yet effective teamwork remains elusive for the majority of organisations.
Research published in the Harvard Business Review found that “time spent by managers and employees in collaborative activities has ballooned by 50% or more over the last two decades – at many companies more than 75% of an employee’s day is spent collaborating with colleagues.”. However, the research also found that:
”In most cases, 20% to 35% of value-added collaborations come from only 3% to 5% of employees.”.
So whilst we’ve moved to open plan offices and increased the number of creative thinking spaces, we still have a lot to learn about teaming and making collaboration work.