Coaching Notes. Stakeholder Centered Leadership

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1 Coaching Notes Stakeholder Centered Leadership 1

2 Leaders are facing digital, economic, demographic, and social landscapes that are shifting at an accelerating rate. As the world becomes increasingly complex, different leadership paradigms are taking prominence. Some of the things you will learn from this coaching session: 1. Understand how and why the role of a leader has changed over time. 2. Learn how to adapt you leadership style to fit the unique needs of each situation. 3. Be ready to use a decision making style that matches your own latitude and the readiness of those you lead. 4. Understand the impact of power on leadership. 5. Learn why the Stakeholder Centered Leadership style can be so effective when leading knowledge workers. 6. Know how the leader of the future will be different from the leader of the past. 7. Be able to apply what you learn to increase your own leadership effectiveness. The leader of the past knew how to TELL. Peter Drucker Leadership is working with and through others to achieve objectives Paul Hersey 2

3 Situation Leadership Model: 4 Leadership Styles Think about the individuals impacted by your leadership directly or dotted line. Ø Which styles S1-S4 best describes your leadership with each individual? Ø Write down their names next to each style High S3. LT HR Supporting S2. HT HR Coaching S4. LT LR Delegating S1. HT - LR Directing Low High S1: Directing S2: Coaching 3

4 S3: Supporting S4: Delegating 4

5 Task-Specific Readiness Think about the individuals impacted by your leadership directly or dotted line. Ø Which readiness level R1-R4 best describes them? Ø Write down their names next to each style. R1: Low in motivation & ability R2: High in motivation & low in ability R3: High in motivation & ability, low in confidence R4: High in motivation, ability, & confidence 5

6 Matching Readiness Level with Leadership Style Look at the names on your worksheets on pages 3-4 with 5. Ø How do they match up? Ø Note down mismatches and consider how to modify your leadership style for their situations. High R3 S3 Supporting R2 S2 Coaching R4 S4 Delegating R1 S1 Directing Low High R1 S1: R2 S2: R3 S3: R4 S4: 6

7 Changes in Readiness Levels: Development & Regressive Think about the individuals impacted by your leadership. Note down those who are on the developmental cycle consider whether there needs to be changes in your leadership style. Is there anyone on the regressive cycle? What leadership style do they need from you? 7

8 Changes in Readiness Levels: Depletion Look at your own readiness levels for your key roles and responsibilities. Are there areas where your readiness level depletes due to: Depletion Distraction What actions could you take to help you achieve your goals? 8

9 Decision-Making Styles High Relationship Behavior S3. LT HR Participating S4. LT LR Delegating S2. HT HR Involving S1. HT - LR Directing Low Task Behavior High Latitude Levels L1: Done Deal L2: Input L3: Participation L4: Delegation Look at the readiness levels of those whom you lead. Consider the latitude levels that you have. Are you applying the correct decision-making style? What modifications would improve decision-making? 9

10 Power 6 Types of Power: Position Power Reinforcement Power Referent Power Personal Power Connection Power Information Power Power and Style Choice Whoever has the power to make the decision will make the decision. Power is the ultimate variable in determining the final decision. Ultimately, decisions are not based upon: - Fairness - Logic - Rightness - Goodness 10

11 Go back to the 6 sources of power. Think about your roles and responsibilities. Note down which source of power best applies to these roles and responsibilities. How can power be increased? Is it worth it? 11

12 Leading Knowledge Workers: Case Study Leaders of the past knew how to TELL, the leader of the future will know how to ASK. - Peter Drucker Notes on case study: The Ford turnaround Story 12

13 Emerging Competencies for Global Leaders of the Future Five New Qualities: Global Thinking Cross-Cultural Appreciation Technological Savvy Building Alliances and Partnerships Shared Leadership the leader as the facilitator Final Thoughts Ø How can you apply what you have learned to become a more effective leader? Ø Analyze readiness, latitude, and power before making your choice of leadership style or decision-making style. Ø How you, as a leader or coach, can build on what you have learned about Stakeholder Centered Leadership. 13