2nd Asian Business Conference 2014 (2nd ABC)

Transcription

1 2nd Asian Business Conference 2014 (2nd ABC) sponsored by the Asian Institute of Management Martin Pun Vice Chairman (non-executive) Serge Pun & Associates (Myanmar) Ltd., Yangon, Myanmar Friday 27 th June, 2014 Manila, Philippines

2 STRENGTHENING LEADERSHIP AND GOVERNANCE ASEAN PATH TO A REGIONAL ECONOMIC COMMUNITY PURSUED WITH BROAD POLITICAL, ECONOMIC, SOCIAL, AND CULTURAL

3 Strengthening Leadership and Governance Leadership the position or function of a leader, a person who guides or directs a group: He managed to maintain his leadership of the party despite heavy opposition. Synonyms: administration, management, directorship, control, governorship, stewardship ability to lead: As early as sixth grade she displayed remarkable leadership potential. Synonyms: authoritativeness, influence, command, effectiveness; sway, clout. an act or instance of leading; guidance; direction: They prospered under his strong leadership. Governance government; exercise of authority; control. a method or system of government or management.

4 Strengthening Leadership and Governance First Things First Understanding the difference between leadership and management Understanding the difference between governance and manage / management

5 Strengthening Leadership and Governance First Things First Leaders are people who do the right things Managers are people who do things right

6 Leaders and Managers Creating a compelling vision of the future Communicating the vision Helping people understand and commit to it Leaders and Managers Two roles overlap Fulfill both roles

7 Leaders and Managers How? emerged over time in the aftermath of protracted armed conflict in certain countries of the region post-conflict areas, the imperative to accelerate economic growth has normally been driven by the need to deliver an economic peace dividend, pursued with broad political, economic, social, and cultural

8 Stakeholder Management Actions you take and projects you run affect more and more people Impact people who have power and influence Strong supporters or could block it

9 Possible Stakeholders Your boss Shareholders Government Senior executives Partners Trades associations Coworkers Suppliers Press Team Lenders Interest groups Customers Analysts Public Prospective customers Family Future recruits Community

10 Corporate culture Leadership culture? little consideration of governance and leadership modalities that can help prevent countries or areas recovering from violent conflicts to slip back into violence One of the key drivers for success or failure of an organization Good, well-aligned culture propel it to success Wrong culture stifle its ability to adapt to a fast-changing world

11 Corporate culture Leadership culture? How??? Public-private sector cooperation regimes that revitalize industries, rebuild infrastructure, and improve the quality of life of the people

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13 STRENGTHENING FUTURE LEADERS

14 Leaders (1) Make better organizations, better communities, and a better world Drive revenue Increase efficiency Governance (Law, Rules) Resolve conflicts Learn new skills Make the future Self-interest and competition not enough

15 Leaders (2) Interdependent Make links Organize people for action Protect against dangerous or dysfunctional connectivity Continue Education Make sense of the present Learn to read and listen for the future Face both opportunity and danger

16 Leaders (3) Not allow themselves to be overwhelmed, depressed, or immobilized Some things get better, even as other things get worse

17 STRENGTHENING GOVERNANCE

18 Governance (1) 1. Law- Country Law, State and Division Law, International Law 1. Corporate Rules and Regulations - See through messes and contradictions to a future that others cannot yet see; very clear about what they are making, but very flexible about how it gets made

19 Governance (2) 3. Community Influences- Where you operate, where you lives 3. Environment Impact - Where you operate, where you lives Care and protect Create and build

20 Strengthening Leadership and Governance Commons creating Seed, nurture, and grow shared assets that can benefit other players and sometimes allow competition at a higher level

21 THE NEW 21ST CENTURY LEADERS

22 20 th Century Business leadership an elite profession Managers ruled enterprises from the top down Organizational hierarchies structured in multi-layers to establish control through rules and processes

23 20 th Century People climbed ranks in search of power, status, money and perquisites Corporate leaders to concentrate on short-term earnings, to the exclusion of long-term growth Ethical scandals People lost trust in business leaders to build sustainable institutions

24 21 st Century Hierarchical model doesn't work anymore Craftsman-apprentice model replaced by learning organizations Knowledge workers don't respond to "top down" leadership

25 21 st Century Seeking opportunities to lead, young people unwilling to spend ten years waiting in line People searching for genuine satisfaction and meaning from their work, not just money. Employees motivated by mission of "restoring people to full life and health"

26 21 st Century Most successful leaders will focus on sustaining superior performance Aligning people around mission and values Empowering leaders at all levels Concentrating on serving customers Collaborating throughout the organization

27 ADDING VALUES TO VALUATIONS INSTITUTION-BUILDERS

28 Indra Nooyi Chairman and CEO of PepsiCo Chairman and CEO of PepsiCo Nooyi moved from India to the U.S. Leading PepsiCo to examine health implications of its products Partner with governments and NGOs Grow business in emerging markets Empower the younger generation to take responsibility early in their careers Hired an official from the World Health Organization to be chief scientist

29 Indra Nooyi Chairman and CEO of PepsiCo Reduce sodium in potato chips Reshaping relationships between business and society Launched a partnership with Waste Management Inc. to create innovative public recycling kiosks offering incentives for consumers to deposit empty bottles and cans Took marketing funds used for expensive Super Bowl TV commercials and used them instead for the "Pepsi Refresh" challenge Competition to find best not-for-profit organizations whose social innovations solve significant world problems

30 Indra Nooyi Chairman and CEO of PepsiCo Cross-cultural, female, visionary, and values-driven Characteristics increasingly sought in leaders Interdependent world of border-crossing and boundaryspanning, leaders position organizations not only in the marketplace but also in a social nexus in which sectors overlap and societal problems belong to everyone

31 Robert McDonald Retired Procter & Gamble (P&G) CEO Add social logic to traditional financial logic Passionate about P&G's values and culture Stated purpose to "improve the lives of the world's consumers, now and for generations to come" Launched new business strategy "purposeinspired growth" to "improve more lives in more places more completely"

32 Jeffrey Immelt General Electric (GE) CEO Reshaped around "eco-imagination" - business strategy and a societal purpose

33 Jeffrey Swartz Timberland's CEO Advocated marriage of commerce and justice Offer employees community service opportunities

34 Seth Goldman Leads Honest Tea Orienting company around healthy, organic ingredients Support for good causes through product lines such as "community green tea"