Copyright Zenger Folkman All rights reserved. 8/24/2016. Work is Changing. The Key to Organizational Agility: Leadership Speed

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1 Comments from a Recent Forum A handout of this presentation is available to download now in the Handouts section of your webinar tools. The Key to Organizational Agility: Joe Folkman, President Presented at The Extraordinary Summit July 13, 2016 Insights on Keys to Learning & Change Leaders need evidence that their efforts will pay off. Assessment is a necessary element because it helps to create a felt need. Non-linear development is the best approach to help leaders improve. Follow-up is critical. Most people are not doing any development. Work is Changing Our executives and managers don t have time for development but they personally want to be developed. How do we create learning where it does not ever appear as learning? I would like a dramatic leaning experience, that is no longer than 90 minutes, can be viewed in person or on line, when people are available and can create a meaningful positive change. 3-hour Workday? Why is Important 1930 Prediction by John Maynard Keynes In approximately two generations, the American workweek would shrink to 15 hours Reality: More Efficiency = a lot More 1

2 Survey Insights 83% 61% 70% AGREED AGREED AGREED Key Away of Execution is a Competitive Advantage I feel that I am often expected to move faster and do more. Too often I am frustrated that our organization moves too slow and gets stalled. 7 Impact of If this organization were to move faster, it would substantially influence our success. Human beings have never opted for slower. The common definition of speed is to act or move quickly. Stephen Kern What is More Important, Things Fast or Things Right? But does simply moving faster make leaders more effective? (A) Things Fast (B) Things Right *51,137 leaders in our global 360-degree database 2

3 If You Are Effective At Things Fast If You Are Effective At Things Right (A) Things Fast If this IS a strength (B) Things Right But this ISN T The probability of being an extraordinary leader: 2% If You Are Effective At Both, You Get A Powerful Combination (A) Things Fast (B) Things Right If these are BOTH strengths The probability of being an extraordinary leader: 3% + 2% 5% Impact to You, the Team, the Organization (A) Things Fast If this ISN T a strength (B) Things Right But this IS The probability of being an extraordinary leader: 3% The ability to Execute Fast AND Right Impact to YOU Effectiveness 2x more effective Overall Effectiveness 40 th 83 rd low the 75th Percentile Top Quartile Percentile 3

4 Impact to YOU Performance Impact to TEAM Poor (bottom 10 th percentile) only 13% received Exceed or Far Exceed performance ratings Impact to THE ORGANIZATION % of Highly Committed Employees Great (top 10 th percentile) 74% received Exceed or Far Exceed performance ratings Productivity Bottom 10% Next 25% Next 30% Next 25%2 Top 10% Percentile Key Away Impact to the TEAM Increase Engagement Employee Engagement Percentile 64 th No Downside! 73 rd 74th 75th 81 st 83 rd Key Away Impact to YOU Improve Effectiveness & Performance Percentile Key Away Impact to THE ORGANIZATION Organizational speed is a key strategic differentiator

5 How to Improve Your Can I actually improve my? Cross-training Companion haviors Cross-training Companion haviors Cross-training Companion haviors Cross-training Companion haviors 30 5

6 Cross-training Companion haviors Cross-training Companion haviors and Cross-training Companion haviors Cross-training Companion haviors Cross-training Companion haviors Where Do I and Why? 6

7 Activity: Organizational Need What would make the most positive impact in achieving priorities? Activity: Organizational Need Which is of more concern to your senior leaders right now? Activity: Organizational Need What would make the most positive impact to your role right now? The Pace Report Quality vs Quantity Your Pace Assessment 38 To achieve proficiency at, you need to Execute Fast AND Execute Right. Your Pace assessment will help you understand your Comfort Zone. Are you more comfortable with Executing Fast or Executing Right? The Pace Report High Patience vs Low Patience 7

8 The Pace Report Slow vs Fast Pace What Do Your Pace Results Mean? If the scale indicates you have a faster pace this does not equal proficient, but suggests that you have a preference for Executing Fast. What Do Your Pace Results Mean? The companion behaviors on left tend toward Executing Fast. Creating Your Action Plan The companion behaviors on right tend toward Executing Right. If the scale indicates you have a slower pace this does not equal deficient, but suggests that you have a preference for Executing Right. Activity: Using Your Pace Assessment Select 4 companion behaviors. Your Pace score will help you determine which companion behaviors will increase your by executing both Fast and Right. ment Guide The development guide provides information on each of the 8 companion behaviors. 8

9 8/ /2016 ment Guide Activity: Creating Your Plan The development guide also provide developmental suggestions for implementing each of the companion competencies. In the Future We will still continue our traditional approaches to leadership development but - Our research on speed taught us about the need for efficiency - By focusing on a specific topic, having online and inperson sessions, and creating online materials, we trained over 2,000 leaders in a month one of the first to experience this exciting new workshop! October 13 th, 2016 New Haven, CT, Hosted by Yale Register Now: Touted as the best development program to emerge in years, as always, Zenger Folkman s extensive research serves as the cornerstone. List the two companion behaviors where you had the highest scores from page 11. Create an Action Idea statement to implement your selected companion behaviors. Suggestions on page 13. Identify the Important Accountability Dates. Workshops and Certifications Our award-winning programs cultivate the skills your leaders need to drive employee engagement, productivity, customer satisfaction, and profitability. The Extraordinary Leader TM Live Online December 6 & 8 Detroit September 14 The Extraordinary Leader 360 Assessment Certification September 15 Facilitator Certification September The Extraordinary Coach TM Detroit September 13 DC Area (Alexandria, VA) October 4 Elevating Feedback October 5 EC Facilitator Certification October 6 The All NEW Levers: Building Critical Strengths TM October 13, 2016, New Haven, CT, Hosted by Yale More Dates and Cities coming soon! More Dates and Info: Win One of Three $25 Gift Cards to Amazon.com! Tweet or re-tweet key learnings from today s webinar Include #zfwebinar in your post The 3 individuals with the most tweets by the end of today will receive a $25 gift card to Amazon.com TWEET YOUR WAY TO $25! #zfwebinar 9

10 Register for our Next Webinar! ACCELERATING LEADERSHIP DEVELOPMENT With Dr. Jack Zenger zengerfolkman.com/events Contact us at or 10