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            [post_content] => [caption id="attachment_22612" align="aligncenter" width="600"]Jack Welch was CEO of GE for 20 years. In a changing world, is he still the model for leadership? Jack Welch was CEO of GE for 20 years. In a changing world, is he still the model for leadership?[/caption]

 

When discussing the challenges facing business leaders it seems almost de rigeur nowadays to talk about the level of change organisations are facing.

The challenge to equip leaders to build the future in these uncertain times is certainly daunting, with seismic geopolitical shifts (in this context the Trump administration seems to be the gift that keeps on giving), disruptive technological change (how many of us even fully understand the implications of bitcoin, blockchain and whatever new technology will be unleashed on us next) and even severe climate and weather events.

The very ubiquitous nature of these challenges may however inure us to their real potential as both a threat and an opportunity to affect a true paradigm shift in how we view leadership, a classic case of an issue being undervalued through overuse.

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The Concept of Leadership

From the perspective of the 21st century the development of our concept of leadership is a little clearer than it may have been in the past.  From this remove we can see how the largely male, heroic models of leadership have greatly influenced the literature and teaching in this field.

The business leaders who are most often cited, Jack Welch, Steve Jobs etc. are broadly from a similar mould and the models of leadership, with the exception of Servant Leadership (as a servant leader you put the needs of others, particularly team members, before you even consider your own, but how many executives really model themselves on this type of leadership?) extol an assertive, confident, out-going and mainly extroverted style.

In fact, the Myers Briggs type most associated with leadership is the ENTJ (extraversion, intuition, thinking, judgment), which is described as the ‘general’, again exposing the military underpinnings of the leadership canon. We can clearly see this bias in the continuing popularity of books like Dale Carnegie’s “How to win friends and influence people”, the pseudoscience of NLP and programmes that teach executives how to create the right ‘impression’.

Given the genesis of the leadership concept it is understandable that people might misconstrue the notion of leadership presence as the ability to impose oneself (and influence people), but there is real hope that we are about to experience a genuine shift in the paradigm.

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Unhappy Influencers

[caption id="attachment_22617" align="aligncenter" width="600"]Richard Boyatzis studied how leaders influence those around them Richard Boyatzis studied how leaders influence those around them and how that effected their lives and careers[/caption]

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Recent research conducted by Richard Boyatzis and colleagues from Case Western Reserve University examined the relationship between the extent to which people adopted an ‘influencing’ leadership style and their later satisfaction with both their careers and their life in general.  Interestingly they found a very strong negative correlation between these factors, i.e. the more people adopted an influence style the less satisfied they were with their careers and lives.

Boyatzis and colleagues did not have an objective measure of career success, so one could still argue that the ‘influencers’ did better in their careers, but Boyatzis’ research does tell us that irrespective on how well an outsider might judge your career progress, the ‘influencers’ are less happy about their situation.  The researchers concluded that those who adopt an influencing style are pushing on their environment and trying to get more from others, e.g. they tend to show a high need to control social situations.

The crux of the problem, especially in the context of a VUCA world, is that pushing on or trying to control an environment that is in a constant state of flux, verging on chaos is unlikely to be very effective and will certainly lead to people being highly dissatisfied and unhappy in their work and indeed their lives.

Now would be the perfect time for the leadership movement to learn the lessons of evolutionary psychology that success in a changing environment falls to the most adaptable, those who can outlearn their competition.

 

The Adaptable Generation

This will require a cadre of new leaders who are less ego-identified with success and winning, who don’t see problems as opportunities to impose themselves and demonstrate mastery of the environment.

Rather we will see the emergence of leaders who can go with the flow, adapt to new realities quickly, work through and with others as either leader or follower and pivot gracefully as cherished paradigms fall away and hard-earned experience proves ineffective as a guide to new problems.

There is no doubt that the idea of women in leadership is in the current zeitgeist and may or may not create a fundamental shift in how we see leadership in the future.  I am however hopeful, that as the new model emerges we will see less emphasis on the old machismo of the ability to impose oneself on others and on the environment and more emphasis on the willingness to adapt, change and ‘flow’ with emerging realities.

Bruce Lee used to tell his students to ‘be like water’, perhaps that is not a bad metaphor for what leaders will need to become.

 

imi-colm-foster-810Dr Colm Foster is Director of Executive Education at the Irish Management Institute. He has acted as a leadership development consultant to organisations in the US, Asia and Ireland, particularly specialising in Emotional Intelligence.

The next IMI Diploma in Leadership starts on 2nd May, 2018.
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One of the most common struggles people have in life is speaking in public.

presenting 2

Source: www.webdesignerdepot.com

You may have always managed to avoid these scenarios like the plague. You may also be in a place where enough is enough and you just want to be equipped to be comfortable and confident to present without the all the drama attached. From a personal perspective, it can be sometimes easy to wiggle out of these stressful scenarios.  Sooner or later from a professional context, avoiding a presentation at work or leaving it until the last minute can start to impact your career or work life.

Where to start – start with yourself and your thoughts

Most people have the same fears, looking silly, what will people think, being forgetful, babbling or not getting to the point. It is really important to overcome these fears and understand where these unhelpful beliefs come from.  Once you challenge these beliefs you can make huge strides which will impact both your personal and professional life.

Understanding stress

Most people become stressed when it comes to public speaking. Surveys often quote that the number one fear amongst the population is public speaking. To put this in context fear of death is number two on the list. It is useful to remember the purpose of stress. Stress is a function of the human body designed to protect you, once you reframe how you see stress it will make public speaking such a different experience. To help with this reframe remember: FEAR stands for False Evidence Appearing Real. The more relaxed you are the easier it is to communicate, so find ways to relax before presenting.

Confidence

Helpful beliefs about your self is a great start to increasing your confidence. Always play to your strengths. What people tend to do is compare themselves to others and then they never match up. Comparing yourself to others can be limiting and damaging. Everyone has their own personality and style. Play to your strengths be your authentic self. Sometimes you just got to imagine that confident state and fake it until you make it can be a good strategy until it comes second nature to you.

Structure

Always start with the audience in mind. What is the purpose of your presentation? What would interest them? It is really important to capture the audience’s attention and maintain their attention. Here preparation is key. Have structure, a beginning, middle and end. Ensure you know what key messages you would like them to remember and find ways to make those messages memorable. Remember: what would you like the audience to think, feel or take action on.

Engage the audience

Many people would love to have the confidence to engage the audience but just don`t know how. This is about understanding your audience and meeting their needs. Build rapport, be brave and curious when it comes to audience interaction. Being able to read people`s body language and influence people will increase your ability to engage the audience. Remember, always put yourself in the audience’s shoes.

Practice makes perfect

If you ever learned to drive a car, you will know you didn't just drive automatically to your destination without guidance. Treating presentations the same will help you improve. Seek feedback from others on how you could improve and look specifically at what others do. Remember, look back, reflect on what you did well and find ways to improve. Focus on presentations as a learning experience to becoming an expert to presenting with impact confidently.
Corless William IMI
William Corless is an ICF accredited ACC Coach. He brings over fifteen years’ experience in general management, supply chain, team development and strategy. William is an IMI associate faculty and teaches on Presenting With Impact.  _____________________________________ [post_title] => “I have just been asked to do a presentation”... Relax and take your finger off the panic button [post_excerpt] => [post_status] => publish [comment_status] => open [ping_status] => open [post_password] => [post_name] => just-asked-presentation-relax-take-finger-panic-button [to_ping] => [pinged] => [post_modified] => 2020-05-11 20:14:50 [post_modified_gmt] => 2020-05-11 20:14:50 [post_content_filtered] => [post_parent] => 0 [guid] => https://www.imi.ie/?p=14099 [menu_order] => 0 [post_type] => post [post_mime_type] => [comment_count] => 0 [filter] => raw ) [3] => WP_Post Object ( [ID] => 11952 [post_author] => 65 [post_date] => 2015-09-25 15:20:30 [post_date_gmt] => 2015-09-25 15:20:30 [post_content] =>
sue cox
Sue Cox is a Learning and Development Consultant and a Tango dancer.  She has worked extensively with the public and not-for-profit sectors as well as the corporate world and has developed and led social inclusion projects across the UK. She is interested in how we develop our own potential and how we connect better with others in order to be more effective in our organisations and relationships. She will be a keynote speaker at the IMI National Management Conference on 8 October 2015 IMI: Based on your current work – if you only had 6 words of advice to give a business - what would they be?

SC: Want better leadership? Develop your followership.

IMI: What does this mean? SC: Many organisations invest heavily in developing and recognising good leadership but give little or no thought to actively cultivating good followership. Leadership is, by definition, a relational process however there is no leadership unless there is a leader/follower dynamic. When we focus only on developing leadership, we give visibility and importance to one aspect only, neglecting the contribution of followership and the untapped potential of the relationship between the two.  How much do we lose by doing so? A powerful illustration of what this looks like in practice can be seen in Argentine Tango. There is a misconception in Tango that the leader is in control and the follower is relatively passive. Nothing could be further from the truth. Tango is complex, improvised and co-created in the moment and it depends entirely on the leader/follower dynamic.  Good followership amplifies and strengthens leadership; good leadership maximises the followers’ contribution. The quality of their connection elevates the whole dance to a greater level of performance. Misconceptions about leadership and followership are seen as often in the boardroom as they are in the ballroom. If you want to release potential in your organisation and be resourceful and creative in the way you respond to change and opportunity, the challenge is to develop everybody’s ability as both leader and follower, so that each can play their full part in co-creating the dance. IMI: Where should we look for further information? SC: Visit my website at Ballroom2Boardroom.com 

tango

Sue Cox spoke at the IMI National Management Conference on Thursday 8 October. This event has now reached maximum capacity however if you would like to be added to the waiting list, please email your contact details and company name to conference@imi.ie. [post_title] => "Want better leadership? Develop your followership" Six Word Wisdom from Sue Cox [post_excerpt] => [post_status] => publish [comment_status] => open [ping_status] => open [post_password] => [post_name] => want-better-leadership-develop-followership-six-word-wisdom-sue-cox [to_ping] => [pinged] => [post_modified] => 2020-05-11 20:42:07 [post_modified_gmt] => 2020-05-11 20:42:07 [post_content_filtered] => [post_parent] => 0 [guid] => https://www.imi.ie/?p=11952 [menu_order] => 0 [post_type] => post [post_mime_type] => [comment_count] => 0 [filter] => raw ) [4] => WP_Post Object ( [ID] => 22635 [post_author] => 146 [post_date] => 2018-04-05 20:00:46 [post_date_gmt] => 2018-04-05 19:00:46 [post_content] => High-performing executive teams set organisational direction, execute clear roles, fully leverage unique member talents and focus on team success versus individual agendas – they share the same vision. Bernard Dunne, former World Champion Boxer and current High-Performance Director at Irish Boxing, has had to live on the edge of perfection his entire career. Bernard will use his years of experience in his position as both the trainer and trainee to demonstrate how leaders can effectively manage this process and achieve peak performance.  

Date: 15 June 2018

Time: Registration: 8.00am-8.30am | Advant-edge: 8.30am-10.00am

Venue: IMI Conference Centre

Tickets for this post are now SOLD OUT

If you are still interested in attending this post, please register for the waitlist Here 

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Cormac Lucey

Cormac Lucey

6th Jun 2017

Cormac Lucey is an IMI associate on the Senior Executive Programme.

Related Articles

21st Century Leadership: The Shifting River
3 slick selling techniques you should take from the Time-share Salesperson
“I have just been asked to do a presentation”... Relax and take your finger off the panic button
"Want better leadership? Develop your followership" Six Word Wisdom from Sue Cox
Advant-edge session 2: Building High-Performance Teams - Dublin
2018 hghlights from IMI speakers

Did the government sell AIB shares on the cheap?

There was plenty of huffing and puffing over the fact that AIB’s share price traded above the government’s sale price last week. Social Democrats co-leader Catherine Murphy TD said: “These shares went on sale at €4.20, which is the midpoint in the range. Within hours they were selling at much higher price, trading at €250m more than the government sold them for. If it turns out that we have sold these shares too cheaply, who is accountable for any lost income?” In fact, the AIB shares were sold at €4.40 each.

The AIB share prices fluctuated (Photo source)

The normally competent Labour leader Brendan Howlin pointed out that the initial maximum price the shares might have been sold at was €4.90 “and now we understand after two alterations it is to be €4.30 peak per share, which is 40% less than originally expected”. Even had the AIB shares been sold for €4.30 each, that would have represented only 12% less than the upper bound of the price range, not 40% less.

This is nit-picking but what about the substantive charge that the AIB shares were sold too cheaply? In my opinion those charges miss two key points.

First, the state was selling off only a quarter of its AIB shares. In doing so, it needed to keep an eye on the prospective sale of its remaining three-quarters. Cutting things too tight on the sale price for the first share sale risked making things more difficult for those yet to come.

Second, valuation is an inexact science, as I tell my students when I teach corporate finance. Twitter had hired the best and brightest investment bankers from Goldman Sachs to advise them on its initial public offering (IPO) in November 2013. Shares were sold under the IPO at $26 — only to surge more than 70% to $45 within nanoseconds of trading commencing. IPO mispricing is not necessarily evidence of a government conspiracy.

I believe that the 5% share price rise on AIB’s first day trading indicates that the government and its advisers did a good job.