Maximizing Your Global Leadership Development Investment Oct. 7, 2010

Transcription

1 Sponsored By: Maximizing Your Global Leadership Development Investment Oct. 7, 2010

2 GOTOWEBINAR ATTENDEE INTERFACE 1. Viewer Window 2. Control Panel

3 TIPS FOR THE WEBINAR: (800) or (805)

4 TODAY S SPEAKER: DR. TOMMY WEIR Vice-President of at Kenexa Former Head of Learning & Development for global organization Author of The CEO Shift Doctorate in Strategic Leadership Thought Leader in Emerging Market Leadership 2008 Middle East HR Professional of the Year Worked with over 80 Nationalities and in 32 countries Currently live between Dubai and Beirut (or an airplane)

5 Maximizing Your Global Leadership Development Investment 7 October 2010 Dr. Tommy Weir

6 Why do we spend so much on leadership development, yet we still don t have leaders?

7 Today s webinar, Maximizing your Global Leadership Development Investment is structured around the 5 takeaways: 1. Recognising the top consideration for maximizing your leadership development investment 2. Discovering the benefits and risks of the various approaches of developing leaders 3. A recommended blueprint for creating leaders across the globe 4. 5 tips to building your leadership development efforts 5. Lessons from real life case studies (these will be discussed throughout the webinar)

8 What do you think? Is leading the same all over the world?

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10 Takeaway #1 The top consideration for maximizing your leadership development investment is alignment

11 A Alignment What leaders do How they do it How they become it

12 What do you think? Which approach do you think is the best when it comes maximizing the ROI from your leadership development investment as measured through employee engagement, employee performance and achievement of an organizations success metrics? A. Corporate programs that stem from headquarters and expect every leader to adopt it B. Localized approach for every market C. Consistent corporate program that allows for localized adaptation and implementation

13 Don t forget to send in your questions and comments!!!

14 Takeaway #2 benefits Discovering the and risks of the primary approaches to developing leaders

15 Primary Approaches to Global Leadership Development description Headquarter - driven approach that relies on a common approach for development risks benefits me you us no one Relevance to the local markets Consistent and uniform approach to leading Decentralized approach that allows each region to address its development needs Quality control and common understanding for leading Responsive to the local market needs Headquarter inspired and locally relevant development approach Quality control Headquarter dominance Consistent approach, aligned to local development conditions 47% of organizations have an inconsistent (or no formal) approach to leadership development Not having leaders

16 CASE INSIGHT A US based global leading industrial manufacturing company - there is frustration coming from their growth engine geography as they are not being heard in their headquarters and the approaches coming from the headquarters are not meeting the needs in the regions

17 So, how do we successfully develop leaders across geographies? Suspend judgment and understand the challenges/realities around the world

18 LEADERSHIP APPROACH LEADERSHIP THEORY Great Man Trait Ohio State Studies Michigan State Studies Blake &Mouton Managerial Grid Style/Behavioural Kats, Mumford & Colleagues Skills Fiedler's LPC Model Rational Cognitive Model (Fiedler) Contingency Hersey & Blanchard Situational Model Normative Decision Model (Vroom & Yetton) Path Goal Theory Situational Leader-Member Exchange Theory Agency Theory Transactional Bass Model Burns Model Kouzes & Posner Model Systems Theory Transformational Upper Echelon Theory Managerial Discretion Theory Strategic

19 Leadership development happens at the point where anthropology, sociology and psychology converge with organization behaviour. Cultural norms and habits are embedded from birth and are built through the formative years and into adulthood. All over the world, people are very different they come from different backgrounds with unique experiences and the local societies are at different stages educationally, economically, and developmentally.

20 In the next 10 years, there will be one billion more consumers in emerging markets. What does this mean for global leadership development?

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24 CASE INSIGHT A European headquartered bank they are using a regional approach to development with a center driven framework they risk moving to a development model being driven from the centre as well

25 Who is Amazon.com? My favourite brand is Sony because it s most famous. - A Chinese consumer in Japan

26 Demographic Dividend When young working-age adults comprise a disproportionate percentage of a country s population, the national economy is positively affected.

27 What do you think? How do these differences and distinctions relate to developing leaders?

28 Don t forget to send in your questions and comments!!!

29 Takeaway #3 A recommended blueprint for creating leaders across the globe

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31 Don t forget to send in your questions and comments!!!

32 Takeaway #4 5 tips to enhancing the impact of your leadership development efforts

33 Tip #1 Tip #2 Tip #3 Tip #4 Tip #5 Establish global leadership framework (about the business)

34 Tip #1 Tip #2 Tip #3 Tip #4 Tip #5 Understand the uniqueness of experience and environment (about the leaders) Leader s unique background Thought Process Social Structures Religion

35 Tip #1 Tip #2 Tip #3 Tip #4 Tip #5 Maintain focus on cultural heritage and organizational future (balancing the approach)

36 Tip #1 Tip #2 Tip #3 Tip #4 Tip #5 Adapt the leadership model and development approach (how they come together)

37 Tip #1 Tip #2 Tip #3 Tip #4 Tip #5 Apply the us approach to leadership development

38 Some Question to help 1. What is the cultural background and what created the culture? 2. What are general beliefs and what stories that shape the culture? 3. Where is the culture in its current life cycle? 4. What are the learning habits and why are they as they are? 5. What is the educational model and approach? 6. What is the societal (and parental) support for development and why is it as it is? 7. What developmental patterns existed throughout ancient and modern history? 8. How were the potential leaders parented and how does authority act? 9. What types of noneducational activities are relied on in the local culture that build leadership habits? 10. What does an individual s experience actually include?

39 CASE INSIGHT A global telecommunication provider In one of their operating companies, they have recognized what it means to develop leaders in the midst of diversity (35 nationalities) differences. They have brought in team of leadership specialists from around the world together to tackle the issue.

40 LAST CALL! send in your questions and comments

41 Back to the original question Why do we spend so much on leadership development, yet we still don t have leaders? We need alignment

42 Questions and Answers Thank You! Tommy Weir, Ph.D. Vice President of

43 UPCOMING WEBINARS Oct. 12: Learning Transformation: Enabling Business Success Oct. 19: Using Performance-Based Testing to Measure Proficiency Oct. 27: Getting Ready to Move Your Training Online More Info/Register at: Webinar materials archived at:

44 THANK YOU! On behalf of Training Industry, Inc., thanks to: Today s Speaker: Dr. Tommy Weir Today s Sponsor: Kenexa All of you for attending Questions or Comments? Please contact Tim Sosbe: tsosbe@trainingindustry.com