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	<title>ThoughtPerfect &#187; Leadership</title>
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		<title>Leadership risk assessment: a broad responsibility</title>
		<link>http://www.thoughtperfect.com/leadership-risk-assessment-a-broad-responsibility.html</link>
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		<pubDate>Wed, 21 Dec 2011 01:32:39 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Article]]></category>
		<category><![CDATA[Thought Stimulants]]></category>
		<category><![CDATA[Corporate Governance]]></category>
		<category><![CDATA[Leadership]]></category>
		<category><![CDATA[Risk assessment]]></category>
		<category><![CDATA[Values]]></category>

		<guid isPermaLink="false">http://www.thoughtperfect.com/?p=1013</guid>
		<description><![CDATA[Two seemingly unrelated events towards the end of last year has helped me crystallize a concept that I have been mulling over for some time now. The first was the Singapore Institute of Directors conference 2010 aptly titled “Getting it right, the challenges and opportunities ahead.” There were several speakers and one of the key [...]]]></description>
			<content:encoded><![CDATA[<p>Two seemingly unrelated events towards the end of last year has helped me crystallize a concept that I have been mulling over for some time now.</p>
<p>The first was the Singapore Institute of Directors conference 2010 aptly titled “Getting it right, the challenges and opportunities ahead.” There were several speakers and one of the key questions raised by Baronness Sarah Hogg Chairman of the Financial Reporting Council UK, related to the sustainability of corporate performance without sacrificing good corporate governance. Her message was clearly that one should not transfer shareholder’s rights to regulators. The regulators job is to protect the rights of the shareholders and not to usurp them. <span id="more-1013"></span></p>
<p>Sir Richard Broadbent the Deputy Chairman of Barclays had a view that public regulation alone was unlikely to prevent the kind of financial crisis we have seen from recurring. We also have to look at private regulation ie. Effective Boards implementing good corporate governance to ensure that managements would not fail in the execution of their responsibilities.</p>
<p>Both Dr. Nik Ramlah MD of the Securities Commission of Malaysia and Yeo Lian Sim, Chief Regulatory Officer, Singapore Exchange stressed on the need to institutionalize good governance in organizations to build a culture with appropriate behaviors that inculcate self discipline with full knowledge of the consequences of slipping up.</p>
<p>Piyush Gupta, the CEO of DBS Bank, has an interesting take which questioned the ability of Boards and Management to provide the solution. He felt that the very nature of shareholders and their short term values was the cause of much of the consequent behavior of Boards and Management. If the pressure to deliver results quarter after quarter and the ensuing stock price was the major criteria for performance evaluation, it would eventually lead to bad judgment calls to match what competition was doing. As his ex-boss Chuck Prince once said “when the music is playing and your competitors are on the dance floor, you have to get up and dance as well.” So it really was the social, political aspects rather than finance alone that had to create a social contract which would allow for appropriate corporate behaviors from time to time. Central banks have a major role to play in this process.</p>
<p>This brings me to the question of the leadership risk. Leaders are the ones who are setting direction and driving performance. It is their mindset (attitude to risk in particular) their values and self beliefs that shapes their own behavior and the behaviors of those they influence. If they are able to say no, or not get influenced by the compromising behaviors of their peers (inside and outside the organization) then they will produce a culture that is built on discipline and control of risk. If they really value customers, they will not sell them something that they know will ultimately cause them harm. This value is always tested when there is pressure on sales targets and bonus times are nearing. This is what creates a values driven organization that upholds enriching values like integrity, discipline, relationships etc and does not succumb to selfish values like greed, status, power etc. The key question to ask of the leader is “what would you and by inference your organization not be prepared to do in the name of profit?” </p>
<p>It is the duty of a truly effective Board to ensure that people in leadership positions are being periodically assessed by independent firms who know how to evaluate risk based on analyzing attitudes and behaviors and the culture of the organization with specific reference to good governance. This of course will also include assessing the possibility of losing top performers which in itself exposes the organization to risk because bringing in people from other organizations could seriously dilute your own culture and introduce bad habits that could eventually do serious harm. Many banks who are aggressively driving growth and make a habit of routinely poaching teams of people from competing banks may realize that they are increasing their risk as many sub cultures get formed in the organization.</p>
<p>The second event I referred to was a news item related to a British singer James Blunt who in 1999 was a cavalry officer in the British army heading NATO troops in Kosovo. He was commanded by a US General to overpower 200 Russian soldiers who had arrived at an airfield before them. Various words were used that seemed unusual, and James did not want to risk a major conflict with Russia. “There are things that you do along the way that you know are right, and those that you absolutely feel are wrong” he said. “That sense of moral judgment is drilled into us as soldiers in the British army”.</p>
<p>This is the very essence of good corporate governance. A truly effective Board will ensure that leadership in their organization is drilled to develop a sense of moral judgment that will not allow them to succumb to the temptations of greed and competitive pressure. Yes I agree with Piyush Gupta that we also need to build the same value based culture through social contract which will ensure that Boards who assess leadership risk will empower management to sit out a dance that they felt was not in the long term interest of their clients or their shareholders.</p>
<p>- <strong>By Pratap Nambiar</strong></p>
<p><strong>This article was originally published in <em>The Director&#8217;s Bulletin</em>, the official newsletter of the Singapore Institute of Directors in issue 5, 2010.</strong><em></p>
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		<title>4 common leadership mistakes to avoid</title>
		<link>http://www.thoughtperfect.com/4-common-leadership-mistakes-to-avoid.html</link>
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		<pubDate>Fri, 16 Dec 2011 08:31:59 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Article]]></category>
		<category><![CDATA[Experiential corporate learning]]></category>
		<category><![CDATA[Leadership]]></category>
		<category><![CDATA[team building]]></category>

		<guid isPermaLink="false">http://www.thoughtperfect.com/?p=1011</guid>
		<description><![CDATA[One of the most satisfying elements of our work is being able to watch at very close quarters how different leaders work with their teams. And, we have been fortunate to see many remarkable leaders and their different styles in handling their teams. At the same time, in the course of our interaction with various [...]]]></description>
			<content:encoded><![CDATA[<p>One of the most satisfying elements of our work is being able to watch at very close quarters how different leaders work with their teams. And, we have been fortunate to see many remarkable leaders and their different styles in handling their teams. At the same time, in the course of our interaction with various teams, we do come across leaders who are perhaps still growing into their roles.</p>
<p>From our experience in handling several diverse teams, I would like to point out a few things that you as a leader must watch out for. Avoiding these common leadership mistakes will certainly go to great lengths in firmly establishing yourself as a leader.</p>
<p><span id="more-1011"></span><br />
<strong>Leadership is what you DO – not what you SAY</strong><br />
The commonest mistake we have encountered is when what a leader says and what he does is in conflict with each other. I am not referring to large decisions– but rather to the small cues that leaders can unconsciously give out (and not notice), but which followers latch onto.</p>
<p>Let me give an example. One of our team workshops was kicked off by a leader who gave a stirring speech about everyone being an equal part of the team. Soon after that, when the actual team workshop started, he opted out of the many activities for no apparent reason. The unsaid message that went to the team was: “These things are meant for you – not for me as a leader”. In one swift blow, all the good work done by him through his speech was diluted by his actions.</p>
<p>As a leader, everybody watches you for the cues you give out, long after your speech is done &#038; dusted.</p>
<p><strong><br />
Focusing on ME rather than WE</strong><br />
A few months back, I happened to read an interview of an industry leader where he was summing up the last one year of his tenure. What struck me in the interview was the number of times the word “I” was used, and in contrast, the few occasions “WE” was used. It was really not a surprise when I heard a few months after that this ‘leader’ was asked to leave.</p>
<p>One of the tenets of experiential learning is that, “The way you play is very often the way you work”. In our workshops we see this reflected, when on many occasions that we assign a task to a group, all eyes turn to the leader; worse still, the leader becomes the sole source of all ideas/actions.</p>
<p>As a leader, your biggest role is perhaps to empower your people to act. To make them heroes.</p>
<p><strong>Not keeping an eye on the BIG picture</strong><br />
While conducting experiential workshops – the teams are generally split into smaller groups for ease of managing them while conducting the activities. But the minute we split people into teams, the competitive spirit of “Us versus Them” kicks in and people begin to think in silos. It’s very similar in organizations when people begin to think of themselves as “Marketing” or “Operations” or “Production”.  Whose role is it then to remind people that they are part of one big team? That responsibility rests primarily with the leader.</p>
<p>To share a positive example: In one of our workshops, there was again a leader who sat out, but this time with a clear intent. All through the workshop, he moved from team to team – and when he saw the silos in action, in choice colorful language asked the groups himself: “How many teams are here?”. By constantly reminding and asserting the message of collaboration – he ensured the teams delivered a higher level of performance. Also the team was constantly aware of why the whole team building exercise was being undertaken in the first place.</p>
<p>As Stephen Covey said, your role as a leader is to climb the tallest tree and shout, “Water that side!”</p>
<p><strong>Being a buddy, not a leader</strong><br />
One of the mistakes we sometimes see leaders make is falling prey to the temptation of wanting to be liked. Everyone wants to be liked – but a leader has the added responsibility of sometimes doing things that are good for the organization, but not necessarily popular with the ranks.</p>
<p>One stark example of this happened in a workshop, where in the midst of the workshop, some of the participants wanted to have beer. The leader was clearly caught between the decision of doing what was right for the organization (asking people to complete the tasks) and what was popular (allowing participants to have a beer). Unfortunately, in that case, he chose the easier path. Not surprisingly, the intensity of the workshop quickly dissipated – and a “learning moment” was lost.</p>
<p>As a leader, you have signed out of the contest to be Mr.Popular. Don’t try to sign in again.</p>
<p><strong><em>This guest article is contributed by Mr.Arun Rao, Facilitator &#038; LSP Coach and one of the Directors of Focus Adventure, India, an organization that conducts <a href="http://www.focusadventure.in">experiential corporate learning</a> and <a href="http://focusadventure.in/team-building-challenge.aspx">team building programs</a>.<br />
</em></strong></p>
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		<title>When the going’s good, good leaders get going : Straits Times, July 27th 2011</title>
		<link>http://www.thoughtperfect.com/when-the-going%e2%80%99s-good-good-leaders-get-goingstraits-times27-july-2011.html</link>
		<comments>http://www.thoughtperfect.com/when-the-going%e2%80%99s-good-good-leaders-get-goingstraits-times27-july-2011.html#comments</comments>
		<pubDate>Wed, 10 Aug 2011 06:39:44 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Article]]></category>
		<category><![CDATA[Leadership]]></category>

		<guid isPermaLink="false">http://www.thoughtperfect.com/?p=979</guid>
		<description><![CDATA[Many CEOs adopt an attitude that makes them wait till their performance has peaked, before they begin to think about renewing the competencies of their leadership team. It is very difficult for a CEO to start thinking about the future competencies of senior leadership when revenues are galloping with healthy profits and the Board is [...]]]></description>
			<content:encoded><![CDATA[<p>Many CEOs adopt an attitude that makes them wait till their performance has peaked, before they begin to think about renewing the competencies of their leadership team.</p>
<p>It is very difficult for a CEO to start thinking about the future competencies of senior leadership when revenues are galloping with healthy profits and the Board is expressing satisfaction and rewarding management for a job well done. Such behaviour is counter-intuitive. But that is precisely when a change in leadership or leadership competencies may make the most sense.<br />
<span id="more-979"></span><br />
However, true leaders are those who realize that the evolution of their top teams needs to happen one step ahead of performance. In other words, if you wait for poor financial results before you start tweaking your leadership team you are already too late. </p>
<p>A company has to assess its leadership team according to its own needs, defining competencies the team needs to meet future needs. It is essential to make the changes in leadership competencies well before poor financial performance has set in, before there is any apparent need.</p>
<p>Successful CEOs know the importance of organizational renewal to continue creating and delivering enhanced shareholder value. They are aware that the best leaders are able to maintain a fine balance with one foot in today’s market and the other addressing tomorrow’s needs in a way that focuses on achieving the team’s desired efficiency and effectiveness to execute future strategy.</p>
<p>Succession planning with specific reference to tomorrow’s strategy requires the ability to respond nimbly to desired future competencies or the sudden loss of key talent that has an uncanny knack of occurring when least expected. </p>
<p>CEOs need to build a leadership pipeline with appropriate talent geared towards the implementation of strategy to shape the future of the organization. They have to do this through continuous assessment and renewal, to help evolve their organization and its top talent to achieve future goals.</p>
<p>Truly evolved CEOs and organizations know that there is a clear and distinct connection between the attitudes and beliefs of their leaders and their behaviours, which produces the desired organizational outcomes for tomorrow. </p>
<p>Take, for example, a CEO who knows that his/her future chosen strategy requires increased customer-centric behaviours, while the current leadership and their teams today are focused on following processes, and their behaviours do not reflect a desire to find creative solutions to their customers’ problems. The CEO will know that he runs the risk of the business failing in future. </p>
<p>To prevent this, he will need to assess the top leadership and the management team which is lacking in the competencies of tomorrow, even though the financial results are noteworthy now. Senior leadership then has to evolve and bring about a change in the culture of the organization to align it to the strategic needs of the future.<br />
Successful CEOs know that it is not always today’s leaders or today’s competencies that will ensure the success of an organization tomorrow. Quite often, a leader’s functional expertise gets recognized, especially in organizations where this plays a dominant role in ensuring high performance. However, beyond functional expertise, what matters even more are key personal competencies and specific leadership attributes. </p>
<p>For example, if the organization’s strategy and business model requires strong leadership attributes in the area of people engagement and influence, then several critical behaviours will need to be stressed. The ability of the leader to motivate and inspire the team, the way the team gets developed and empowered, and accepts accountability for results, all contributes to the successful implementation of strategy. </p>
<p>Another critical leadership attribute may be the whether a leader champions change and is able to work collaboratively to achieve  the desired change.</p>
<p>At the end of the day, the key task of a leader is to make decisions.<br />
This is an area where they can falter, if there is no clarity of thought and less coherence of action. A good leader needs to be deeply self-aware, knowing the strengths and weaknesses of himself and his team. He needs to be able to influence and motivate team members to change attitudes and beliefs that will help them acquire the mind-sets and skillsets that will take the organization forward to realize its desired future state.</p>
<p>The importance of paying attention to leadership attributes, and the relevance of proactive leadership renewal, apply equally to corporations, social enterprises and public sector organisations.<br />
In the end, what distinguishes a great organization from a mediocre one is the quality of its leader’s decision making, the management of time, and the quality of personal interactions with staff, customers and other stakeholders. These are the critical behaviours that need to be constantly renewed and assessed as the organization moves towards implementing its strategy for the future.</p>
<p><em>Pratap Nambiar is a Partner at Heidrick &#038; Struggles, a leadership advisory firm that helps organizations become better led.</em></p>
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		<title>The Board’s dilemma</title>
		<link>http://www.thoughtperfect.com/the-board%e2%80%99s-dilemma.html</link>
		<comments>http://www.thoughtperfect.com/the-board%e2%80%99s-dilemma.html#comments</comments>
		<pubDate>Sat, 28 Aug 2010 10:28:18 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Straight From The Heart]]></category>
		<category><![CDATA[Thought Stimulants]]></category>
		<category><![CDATA[Corporate Culture]]></category>
		<category><![CDATA[Decision Making]]></category>
		<category><![CDATA[Ethics]]></category>
		<category><![CDATA[Leadership]]></category>
		<category><![CDATA[Organisational Values]]></category>

		<guid isPermaLink="false">http://www.thoughtperfect.com/?p=973</guid>
		<description><![CDATA[I wrote this article to address one of the many difficult decisions a Board has to make when it is confronted with a conflict between corporate values and financial performance metrics. They have to make quick choices in a complex, ever changing, and competitive world. In fact the perplexing challenges they face can sometimes seem [...]]]></description>
			<content:encoded><![CDATA[<p>I wrote this article to address one of the many difficult decisions a Board has to make when it is confronted with a conflict between corporate values and financial performance metrics. They have to make quick choices in a complex, ever changing, and competitive world. In fact the perplexing challenges they face can sometimes seem like a choice between the devil and the deep sea. You are damned if you do and damned if you don’t.<span id="more-973"></span></p>
<p>Let me explain. Oracle’s CEO Larry Ellison in a letter to the New York Times said “the HP board made the worst possible decision since the idiots on the Apple board fired Steve Jobs many years ago.” In his opinion the board was wrong to force the resignation of their CEO Mark Hurd for what he obviously considers at the most to be a minor transgression.</p>
<p>The HP Board was forced to launch an investigation into the behavior of Mark Hurd because of sexual harassment allegations made against him by Jodie Fisher, an external contractor who helped organize executive events for HP. Interestingly they did not find anything to substantiate this claim, but they stumbled upon an accounting malpractice that eventually led to the CEO’s resignation. Apparently, Mark Hurd had submitted expense reports that hid his relationship with Ms Fisher. In simple words he was claiming meal and travel expenses that he should not have because they were incurred in his personal capacity and completely unrelated to the company’s business activities.</p>
<p>Larry Ellison rates Mark Hurd as an accomplished CEO (as does the HP Board) and letting him go was not in the best interest of the shareholders, customers, partners, and employees. This would have a negative impact on the financial performance of HP and in light of its magnitude, the error of judgment shown by the CEO was something that could easily have been sorted out possibly with a rap on the knuckles. </p>
<p><strong>The essence of corporate values</strong><br />
Corporate culture is a way that companies accomplish their strategies. Hewlett and Packard formalized the HP Way as a management philosophy in 1957, the year the company went public. Integrity and Trust were strong pillars on which the firm built its cultural foundations. Belief in people was a large part of the culture and a persons’ credibility was built around his words and actions. However, with the changing dynamics of the industry and in particular the personal computer, many policy changes had to incorporated over the years which slowly but surely eroded the company’s long standing philosophy. </p>
<p>The HP Board as it contemplated the actions of its CEO had to consider the short and long term ramifications of their decision in the best interest of the organization. On the one hand there was the obvious short term consequence of losing a very competent CEO with its ensuing negative impact on financial performance and the sacrificing of shareholder’s interests in particular. On the other hand, there was the genuine long term risk of doing serious damage to the culture of the organization. </p>
<p>The Board’s role is to provide entrepreneurial leadership, set strategic goals, and ensure that financial and human resources are in place to meet the organization’s short and long term objectives. They also need to set the company’s values and standards that guide employee behavior and establish a framework of effective controls to assess and manage risk.</p>
<p><strong>Entrepreneurial leadership versus organisational values</strong><br />
Clearly Larry Ellison is telling the HP Board to give greater weight to its entrepreneurial leadership role, as the downside of losing a good CEO and the cost of replacement is far too high and should not be compromised for something as trivial as a false expense claim. I guess he was also possibly keeping in mind the turbulence during Carly Fiorina’s term as CEO and the performance stability that Mark Hurd had achieved over the years. And given the ever changing and competitive nature of the industry, in the long run, there would be no long run if the short run was not taken care of first. </p>
<p>But the Board is also assessing the issue from the perspectives of corporate culture (values and beliefs that drive behavior) and associated strategic and operational risks. Let us consider the risks first. What is the probability that if the CEO was let off (because he was a top performer) there will not be a message that goes out to the rank and file in the organization that as long as you perform well you really don’t need to worry too much about honesty and integrity and trust in this organization? Further, what would be the magnitude of impact on the organization’s results if that scenario came to pass?  The Board’s unanimous answer was that the probability of this kind of behavior occurring again was high and the magnitude of impact could be high too. Hence they did not have the appetite to expose the organization to this level of risk. They were in actual fact making a decision in the best long term interest of the shareholders.</p>
<p><strong>Protecting integrity and potency of leadership</strong><br />
On the issue of the company culture, the Board had to safeguard the “way we do things here” aspect of running the organization. Setting the tone at the top was critical to shaping the values and beliefs of the HP leadership and their teams around the world. Leaders, and their ability to motivate, inspire, and coach their followers would depend a great deal on their trust quotient which is directly influenced by their credibility (what they say) and reliability (what they do). </p>
<p>What the Board has voted for is to protect the integrity and potency of their leadership and in doing so opted for what Jim Collins <em>(Good to Great)</em> refers to as Level 5 leaders who  channel their ego needs away from themselves and into the larger goal of building a great company. They have also demonstrated what Jerry Porras (Built to last) believes &#8211; that a strong, almost “cult-like” culture is one of the factors contributing to the overall financial success of visionary companies. </p>
<p>Maybe the HP way is alive and well after all. </p>
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		<title>Leaders are a lonely bunch, yet they can’t do it alone :  The  Business Times, Editorial section,June 17th, 2010</title>
		<link>http://www.thoughtperfect.com/leaders-are-a-lonely-bunch-yet-they-can%e2%80%99t-do-it-alone-the-business-times-editorial-sectionjune-17th-2010.html</link>
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		<pubDate>Sat, 19 Jun 2010 06:54:07 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Article]]></category>
		<category><![CDATA[Leadership]]></category>

		<guid isPermaLink="false">http://www.thoughtperfect.com/?p=967</guid>
		<description><![CDATA[Tony Hayward the CEO of BP, got chastised for his remark “There is no one who wants this thing over more than me. I want my life back”. He apologized of course, but might still lose his job. Clearly the oil spill caused by the explosion of BP’s rig in the Gulf of Mexico and [...]]]></description>
			<content:encoded><![CDATA[<p>Tony Hayward the CEO of BP, got chastised for his remark “There is no one who wants this thing over more than me. I want my life back”. He apologized of course, but might still lose his job. </p>
<p>Clearly the oil spill caused by the explosion of BP’s rig in the Gulf of Mexico and the subsequent struggles of the technical team that could not cap the leak, was not Tony’s doing. But his comment which came as a result of his frustration and sincere desire to end the suffering for all (including his own) was seen as a poor example of leadership.<span id="more-967"></span></p>
<p>Leadership happens when a leader interacts with followers in the context of a situation. Very often in the euphoria of building so called leadership qualities we forget that a leader is only as good as his team allows him to be.  Tony’s frustration was driven in part by the fact that he was being let down by his team who though doing their best were not delivering the desired results. </p>
<p>Rob Hughes in his heart of football column in the Straits Times ( June 6) talks about the travails of Liverpool and the need for a direct line between the chairman, the team manager, the general secretary, and above all, the players on the pitch. He had the privilege of spending an entire day at Anfield with Bob Paisley the Liverpool coach – and the words Bob used over and over again that day was that he could not do it alone. ‘It’s a lonely job’ he said and I am sure Tony Hayward would relate to that in more ways than one.</p>
<p>Steven Gerrard the captain of Liverpool when asked if he would relish becoming the captain of England for the world cup replied “I don’t know if relish is the right word, but I will be ready to lead the country if called upon”. Steven clearly knows that as much as he believes he is captaincy material, at the end of the day football is a team game and everyone has to perform to the best of his abilities. </p>
<p>Nobody knows this better than the CEO of an organization who has the unenviable task of presenting his performance numbers quarter after quarter to a Board that has placed their faith in his leadership. </p>
<p>When I work with CEOs almost to a person they feel that having one or two stars on the team may be good for the short term, but in the long run everyone has to pull their weight or the mission does not get accomplished. In fact very often it is the stars themselves who could be a hindrance as their prima donna behaviors can be extremely disruptive and distracting to an otherwise motivated and capable team. </p>
<p>Going back to football, nobody knows this better than Dunga the Brazilian coach on whose shoulders fell the responsibility of rebuilding a team that failed in 2006. Since then, he has deliberately and systematically changed the team culture, getting rid of the so called stars in favor of dependability and sustainable team performance. </p>
<p>Whenever I have looked at the Brazilian team of late, I have not seen the great stars that were so inspiring and magical in terms of their ball skills, but in the last 4 years Brazil under the leadership of Dunga has not lost a single tournament they have entered.  </p>
<p>Surely, results matter and nobody knows this better than the leader whose responsibility it is to deliver it in a way that meets expectations. France’s coach Raymond Domenech knows how challenging it has been to live up to the performance levels of 1998 when the French team played as a diverse yet sublimely well knit team to win the world cup. </p>
<p>At the recently concluded ICC 20:20 world cup cricket event in the West Indies, it was an unheralded English side that performed well as a team and won the event for the first time, when many a star studded side failed to live up to expectations. </p>
<p>At the 2010 World cup, when all is said and done, and one country picks up the winner’s trophy let us spare a thought for all the leaders whose job it was to inspire, motivate, and bring out the best performance from their respective teams. </p>
<p>Thirty one of them will fail, not because they did not try, but because there can only be one winner and don’t forget there is also this thing called luck. </p>
<p>Leaders will have to learn their lessons well and with a lot of introspection become more aware of themselves and what they need to do to get their teams to do better in the years to come. Yes, leading is a lonely job, and it is the team that always wins. </p>
<p><em>Pratap Nambiar is the Executive in Residence at the National University of Singapore Business School. He is the founder and Chief Executive of Thought Perfect Pte Ltd an organization that helps CEOs and Business Leaders maximize their potential. </em>  </p>
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		<title>Handling Difficult Conversations: An essential leadership competence</title>
		<link>http://www.thoughtperfect.com/handling-difficult-conversations-an-essential-leadership-competence.html</link>
		<comments>http://www.thoughtperfect.com/handling-difficult-conversations-an-essential-leadership-competence.html#comments</comments>
		<pubDate>Wed, 10 Feb 2010 13:06:58 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Article]]></category>
		<category><![CDATA[Thought Stimulants]]></category>
		<category><![CDATA[Communication Skills]]></category>
		<category><![CDATA[Difficult conversations]]></category>
		<category><![CDATA[Leadership]]></category>

		<guid isPermaLink="false">http://www.thoughtperfect.com/?p=883</guid>
		<description><![CDATA[A leader’s ability to successfully conduct difficult conversations in the work place can make the difference between success and failure &#8211; both for the leader and the organization. Not being fully equipped to deal with difficult situations related to your subordinates, peers, or superiors can be seriously career limiting. A difficult conversation typically suggests that [...]]]></description>
			<content:encoded><![CDATA[<p>A leader’s ability to successfully conduct difficult conversations in the work place can make the difference between success and failure &#8211; both for the leader and the organization. Not being fully equipped to deal with difficult situations related to your subordinates, peers, or superiors can be seriously career limiting. <span id="more-883"></span></p>
<p>A difficult conversation typically suggests that one party has to deliver news that is potentially unwelcome to the other. It is discomforting, can erode the listener’s sense of worth and in the Asian context result in loss of face. It can be something as simple as telling your subordinate that the presentation he/she just made was not up to the mark, or a more serious situation where someone on your team who has worked with you for over 10 years has to be made redundant.</p>
<p><strong>Be prepared:</strong> Irrespective of the situation it always pays to be prepared for a difficult conversation. Think through all the possible defenses, denials, and counter accusations the individual can react with when faced with what they assume is an unfair assessment of the situation. Knowing all the facts and the social style of the person you are interacting with will help you deal with them effectively. You cannot predict the reaction entirely, but you can anticipate them and be emotionally ready. Setting very specific and pragmatic goals for the conversation will help you measure your success.</p>
<p><strong>Establish the situation:</strong> Explain the facts that clearly establish the situation. There is no point beating around the bush. This has to be done in a very factual manner as an uninvolved observer would and where both parties can collaborate on its accuracy. The entire approach has to be non judgmental and must demonstrate the value of having the conversation in spite of the obvious risk associated with it. The objective is to collaborate towards finding a mutually acceptable solution to an existing problem.</p>
<p><strong>Listen well:</strong> Not only to what the person is saying but what he/she is feeling. To create clarity and to let people know you&#8217;re genuinely listening, summarize what they&#8217;re telling you &#8212; and ask them to do the same. In fact listen to their version of the story first before sharing yours, and always demonstrate you are genuinely interested in hearing their version. More often than not difficult conversations are emotional and you need to get a good appreciation of the underlying issues that drive the emotions. Is it that the individual resents the possibility of being viewed as incompetent, or is it something to do with his/her own assessment of self-worth in relation to core values, or the deep desire to have the approval of management/colleagues?</p>
<p><strong>Demonstrate Empathy:</strong> A leader most of all is able to put him\herself in the other person’s shoes and understand both the thoughts and the associated feelings in a very sincere and selfless way. Showing that empathy, that understanding, will lead to the development of mutual trust allowing individuals to open up their mind and heart and derive all the possible benefits to help move them towards their goals.</p>
<p><strong>Create Positive Energy:</strong> Every difficult conversation leads to changes in behaviors. Leaders create a sense of optimism that is essential to move people towards action. Positive energy is created by positive talk that works both on the conscious and subconscious level. A good leader enthuses and infuses people with positive energy so they look forward to the behavior changes that they will need to make and the actions they are going to take to achieve their goals.</p>
<p><strong>Reframe Perspectives:</strong> Either your world is perfect or it isn’t; it all depends on your perspective, the way you look at things. Everything will work out in the end, it always does. Help the individual reframe perspective or get him/her to look at things differently. By reframing the person’s emotional and judgmental perspectives into more observationally neutral characterizations, you can defuse the emotion-laden situation and help him/her step back and re-examine it in a new light.</p>
<p>Shifting or reframing your perspective from one of imperfection to one that sees possibilities for perfection requires a great deal of experience and skill which is what a good leader will be able to achieve. Can the situation be better than this? Sure it can. We just need to think differently.</p>
<p><strong>Build Trust:</strong> Every difficult conversation is an opportunity to enhance trust. Imperfections are the breeding ground for doubt. Doubts block the development of trust. The key to trust is perfection. To trust is to liberate your-self from limitations. As a leader you need to help open the individual’s mind to see possibilities, to get “out of the self imposed limitation” and perceive solutions. It may be a stretch to trust the fact that whatever you have perceived to be negative can in fact be positive, so it is the leader’s credibility (words), reliability (actions) and likeability (emotions) which will make it possible.</p>
<p><strong>Change Behavior:</strong> You cant change people, you can only change their behavior. A leader is a catalyst for change. Change starts with self awareness. The leader helps you understand yourself better – your strengths and weakness, what works well and what does not in relation to the difficult situation. This is a huge step forward in your journey towards success. Once the awareness is achieved, it shapes your perception and changes your attitude towards yourself, your colleagues, and the business itself. Once an attitudinal shift happens, it invariably results in changes in behavior that makes it then possible for you to commit to action.</p>
<p><strong>Commit to Action:</strong> Every difficult conversation must lead to action. The leader has to ensure that the actions are a way to achieve goals. But the action has to have intent – not just activity but focused on moving the individual towards set goals. People cannot and will not commit to action without clarity of thought. Clear thinking is required to generate momentum – which is what the leader provides through the process of the difficult conversation which drives the commitment to action.</p>
<p><strong>Create Structure:</strong> Structure is the process of creating boundaries and standards around what is being done. It is important because it creates a pattern to follow and allows others around to know what is expected within that structure. Leaders know that without a structure your people lapse into behaviors that are inconsistent with set goals.</p>
<p>Every difficult conversation is an opportunity for leaders to change the way their people think. They will help you think the right thoughts, and ensure that your clear thinking will become visible through your actions- driven by your behaviors which will produce the desired outcomes.</p>
<p><strong><em>Article by Pratap Nambiar, the Executive in Residence @ NUS Business School, and CEO of Thought Perfect Pte Ltd a <a href="http://www.thoughtperfect.com">performance coaching</a> organization that helps C level executives maximize their performance potential. Contact us to find out more.</strong></p>
<p><strong>The article has been submitted for publication to <em>The Straits Times</em><strong>, Singapore.</strong></p>
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		<title>Helping Leaders perform better</title>
		<link>http://www.thoughtperfect.com/helping-leaders-perform-better.html</link>
		<comments>http://www.thoughtperfect.com/helping-leaders-perform-better.html#comments</comments>
		<pubDate>Mon, 10 Aug 2009 07:32:28 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Article]]></category>
		<category><![CDATA[Business Coaching]]></category>
		<category><![CDATA[Leadership]]></category>
		<category><![CDATA[Performance Coaching]]></category>

		<guid isPermaLink="false">http://www.thoughtperfect.com/?p=819</guid>
		<description><![CDATA[A commitment to make things happen, along with the willingness to learn can help leaders overcome today’s complex challenges As a performance coach I spend a lot of time with CEOs and senior executives who are profit center heads. Their decisions have a large impact on the success or failures of their organizations. In my [...]]]></description>
			<content:encoded><![CDATA[<p><strong>A commitment to make things happen, along with the willingness to learn can help leaders overcome today’s complex challenges</strong></p>
<p>As a performance coach I spend a lot of time with CEOs and senior executives who are profit center heads.  Their decisions have a large impact on the success or failures of their organizations. In my role as the Executive in Residence at the NUS Business School I facilitate the building of bridges between academia and industry – I speak to a lot of Business Leaders, HR practitioners, and heads of Learning &#038; Development looking at their evolving needs particularly in this economic downturn. <span id="more-819"></span></p>
<p>My interaction with leaders tells me that these days they spend a lot more time focusing on <strong>efficiency rather than effectiveness.</strong> Doing the right things is just as important if not more in times of crisis. Leaders spend more time managing than leading. They tend to do two things well – manage their Financials keeping a sharp eye on cash flows and <strong>Operations</strong> where continuous cost reduction is the mantra.  But what they do not do well is to bring the focus back on <strong>Growth</strong>, and the management of <strong>Human Capital</strong>. These are <strong>closely interrelated factors</strong>, and require genuine leadership.</p>
<p>Let me talk a bit about growth. What leaders find is that the very competencies that have brought them success so far does not help them anymore. Further, all the <strong>past assumptions</strong> they have made regarding their business or industry <strong>are no longer valid</strong>. They have to revisit their business model and find new ways of revitalizing their value propositions. Their biggest challenge is that they do not have the required customer insights to be able to understand evolving needs to develop appropriate strategies. Their people do not have the experience – (neither do they) to quickly ascertain the changing trends in the market place and figure out a way to retain their competitive advantage. They have not invested in foresight studies to be able to identify milestones of developments that they can take advantage of.  So their continued focus is on protecting market share invariably by offering price discounts. But as the market shrinks all this does is to put more pressure on the need for cost reductions. There are significant slivers of opportunity even in this downturn and leaders find it hard to tap into them.</p>
<p>Now let me relate a little story about managing talent. I got approached by a profit centre head who was asked by his management to take a 20% pay cut. His team was very unhappy about this as they were top performers for many years and for the last two years had been head hunted along with their boss by a competitor who was willing to give them a 15% raise. They left. But the sad part of this story is that they represented 40% of their company’s profit and 30% of the total revenues- all from China. Their competitor on the other hand did not have any business in China and were now going to hit the ground running. The CEO there was willing to make <strong>selective investments</strong> to grow the business. He believed in the Jim Collins principle – <strong>first who then what</strong>.  One of the leadership challenges that I have found is that HR practitioners are <strong>not well integrated into the strategic aspect of decision making</strong> by CEOs. It is not only their fault because CEOs don’t pay much attention to them and see Finance and Marketing as more critical levers of business. I do not agree that you can <strong>save every job</strong> in the organization. In today’s market you need to go out and hire new talent. There is an acute shortage of people who have the confidence and ability to drive growth in an economic downturn. Finding and hiring them can be a competitive advantage. One must also not forget that it is essential to <strong>get ready for the upturn</strong> that is bound to come. I do hear a lot of grumbling about the shortage of good talent. This is just not true. There is a lot of talent available, and the irony is that this talent is looking for a home and cannot seem to find it.</p>
<p>Whether a leader is trying to drive growth or effectively manage human capital, what is needed is <strong>changes in the behaviors of leaders</strong>. Changes that can have a significant impact on the desired outcomes. I recently gave a talk at a People related conference titled <strong>‘Can You Teach an Old Dog New Tricks?”</strong> What I argue is that the single most important success factor is the <strong>ability and willingness of leaders to learn</strong>. This in itself can become a competitive advantage. Going back to University for <strong>Continuing Professional Development</strong> is an excellent option but then busy executives don’t have the time. <strong>Training is not the answer</strong>. Training does not help in changing behavior. It is good for teaching new skills, but <strong>leadership is a process and you need lasting results</strong>. Hence the need for professional coaching which can truly deliver deep, serious, sustainable changes in behavior in a non judgmental way. The <strong>return on investment</strong> from coaching leaders is far higher than any form of training. Such a huge amount of money is being spent on subsidizing training. This is good. But we must not forget the leadership. Their decisions have a huge impact on the economy and yet there is <strong>no funding available to help coach them to do the right things.</strong> As a <strong>regional hub with over 7000 MNCs</strong>, Singapore can position itself as the best country in the region to help develop leadership behaviors if we choose to invest in this space as much as we are investing in training of junior staff.</p>
<p>Finally, let me comment on the <strong>personality of most leaders</strong> I interact with. They are almost all highly <strong>achievement oriented</strong>. But I find that a very large percentage are left brained with <strong>strong analytical skills and even stronger technical skills</strong> (that is how they got to the top) with comparatively  <strong>poor social skills</strong>. They are generally the <strong>quiet leaders</strong> whose strength is not in their ability to galvanize people with their vision or motivation skills, which can be a major deterrent to driving growth in a market where <strong>infusing your people with self belief</strong> can be the single critical difference between success and failure.</p>
<p>Pratap Nambiar</p>
<p>Executive in Residence, NUS Business School</p>
<p>CEO Thought Perfect Pte Ltd</p>
<p><em>This article was published in August issue of People Trends Magazine.</em></p>
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		<title>The six elements of decision making for business leaders</title>
		<link>http://www.thoughtperfect.com/the-six-elements-of-decision-making-for-business-leaders.html</link>
		<comments>http://www.thoughtperfect.com/the-six-elements-of-decision-making-for-business-leaders.html#comments</comments>
		<pubDate>Mon, 11 May 2009 09:56:08 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Straight From The Heart]]></category>
		<category><![CDATA[Decision Making]]></category>
		<category><![CDATA[Leadership]]></category>

		<guid isPermaLink="false">http://www.thoughtperfect.com/?p=717</guid>
		<description><![CDATA[BNET carried an interview with Carl Spetzler, CEO of the Strategic Decisions Group and Director of the Strategic Decision and Risk Management program at Stanford University. Spetzler is credited with developing a decision-making framework used by managers from leading MNCs for all types of decisions: strategic, typical and on-the-fly. He lists six attributes of a [...]]]></description>
			<content:encoded><![CDATA[<p>BNET carried an <a href="http://www.bnet.com/2403-13056_23-295108.html">interview</a> with Carl Spetzler, CEO of the Strategic Decisions Group and Director of the Strategic Decision and Risk Management program at Stanford University.  Spetzler is credited with developing a decision-making framework used by managers from leading MNCs for all types of decisions: strategic, typical and on-the-fly. <span id="more-717"></span></p>
<p>He lists six attributes of a good decision, which I reproduce below:<br />
<em>
<ul>
<li>The right frame — making sure you’re solving the right problem in the first place.</li>
<li>Clarity about what you want. For example, are you trying to maximize shareholder value or just trying to stay alive and minimize damage? </li>
<li>Creative alternatives.</li>
<li>Gathering the right information, including information about uncertainty, which is essential if you want to choose the best alternative.</li>
<li>Reasoning, which includes what you know and what you don’t. </li>
<li>A commitment to make it happen, since a decision is no stronger than its weakest link.</li>
</ul>
<p></em></p>
<p>The six elements are obviously closely related; however, I believe clarity about the desired outcome is probably the most important. I cannot overemphasize the importance of clear thinking as that will enable one to address the right issues, gather the right information, create the right solutions and take the most appropriate actions.</p>
<p>There are a few other points I take away from the interview.</p>
<ul>
<li>Leaders fall on all six elements, ie. not fulfilling any one of the above could result in a poor decision.</li>
<li>It is important to become aware of one’s natural biases and habits to avoid those influencing decision making.</li>
<li>People often drag problems into their comfort zones instead of solving them.</li>
</ul>
<p>This is where an experienced <a href="http://www.thoughtperfect.com/ceo-profile.html">executive leadership coach</a> plays such an important role. A good coach is incisive, acts like a powerful probe detecting problems not known or visible at the surface, serves as a guiding light providing clear visibility and catalyzes change and actions.</p>
<p>P.S: One point on which I which disagree slightly with Spetzler: he says that “Most people leave a lot of value on the table when they make intuitive decisions.” I don’t think that has to be the case always; with time and practice, good leaders sharpen their intuitive skills which they can tap into making great decisions. As mentioned in this <a href="http://www.thoughtperfect.com/intuition-and-executive-coaching-based-on-a-case-study-by-pratap-nambiar.html ">article</a> , intuition can be practised; mastering this ability can do wonders to business leaders.</p>
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		<title>Leadership development and self-awareness</title>
		<link>http://www.thoughtperfect.com/leadership-development-and-self-awareness.html</link>
		<comments>http://www.thoughtperfect.com/leadership-development-and-self-awareness.html#comments</comments>
		<pubDate>Mon, 27 Apr 2009 11:31:36 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Straight From The Heart]]></category>
		<category><![CDATA[Human Capital Management]]></category>
		<category><![CDATA[Leadership]]></category>

		<guid isPermaLink="false">http://www.thoughtperfect.com/?p=707</guid>
		<description><![CDATA[A couple of months ago, TrainingZone carried an exclusive interview with Ken Blanchard, the co-author of the famed One Minute Manager series. His interview touched upon several points that are at the core of what we try to do at Thought Perfect: self awareness for leaders for performance enhancement, leadership development and human capital management. [...]]]></description>
			<content:encoded><![CDATA[<p>A couple of months ago, <a href="http://www.trainingzone.co.uk/cgi-bin/item.cgi?id=193494">TrainingZone</a> carried an exclusive interview with Ken Blanchard, the co-author of the famed One Minute Manager series.</p>
<p>His interview touched upon several points that are at the core of what we try to do at Thought Perfect: self awareness for leaders for performance enhancement, leadership development and human capital management.</p>
<p>Below are some excerpts from the interview that business leaders will do well to remember.</p>
<p><strong>Self-awareness is key to good leadership</strong><br />
<em>&#8220;You have to teach people in the heart not just the head. …. one of the reasons why people make lousy leaders is that they don&#8217;t know who they are. …. If you don&#8217;t have your heart right, you don&#8217;t realise you are here to serve, not to be served.&#8221;</em></p>
<p><strong>Leaders set the right goals and articulate their vision well</strong><br />
<em>“Leading at a higher level involves setting the right goals. It is also crucial to set a compelling vision that tells people who you are, where you are going and what is going to guide your journey. The first part of leadership is showing direction.”</em></p>
<p><strong>Leaders help people achieve desired results</strong><br />
<em>“I define leading at a higher level as a process of helping people achieve worthwhile results. Leadership should take into account the needs and concerns of everyone in the business and not just think that profit is a worthwhile goal. Profit is the applause you get for taking care of your customers and creating a motivating environment for your people.&#8221;</em></p>
<p><em>&#8220;If you don&#8217;t treat your people right, they will not take care of your customers.&#8221;</em></p>
<p>The first two points listed above epitomizes what we do as part of our leadership coaching. We help leaders become better aware of themselves and achieve complete clarity of thought, which enables them to make the right decisions and actions that result in perfect outcomes.</p>
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		<title>Leadership in an economic downturn</title>
		<link>http://www.thoughtperfect.com/leadership-in-an-economic-downturn.html</link>
		<comments>http://www.thoughtperfect.com/leadership-in-an-economic-downturn.html#comments</comments>
		<pubDate>Fri, 06 Feb 2009 20:31:48 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Article]]></category>
		<category><![CDATA[Leadership]]></category>
		<category><![CDATA[Strategic Management]]></category>

		<guid isPermaLink="false">http://www.thoughtperfect.com/?p=264</guid>
		<description><![CDATA[CEOs &#38; entrepreneurs have little recession-related experience and this clearly shows up the difference between leaders and managers. Leaders focus on effectiveness whilst letting their managers work on efficiency. Doing the right things in a recessionary environment becomes even more critical than doing things right. Obviously you need both, but it is the real leaders [...]]]></description>
			<content:encoded><![CDATA[<p>CEOs &amp; entrepreneurs have little recession-related experience and this clearly shows up the difference between leaders and managers.<span id="more-264"></span></p>
<p>Leaders focus on effectiveness whilst letting their managers work on efficiency. Doing the right things in a recessionary environment becomes even more critical than doing things right. Obviously you need both, but it is the real leaders who do not lose perspective and concentrate even harder on staying effective.</p>
<p>Whilst weak companies are struggling to keep their heads above water, strong, well managed and well led companies actually do not lose focus on growth. They realize that even in a recession it is possible to be confident, stay positive and energize their people to not lose the belief that they can find opportunities to increase revenues and profits.</p>
<p>Strategic leadership in a recession requires decision making that will not only address the firm’s current situation but also help management get in shape for the upturn that is bound to come. In a slow growth environment there is an urgent need to shift the focus of strategy from just growth in market share to growth in profitable market share. There is a world of difference between the two and often requires serious realignment of company culture and operating structure. As CEOs focus on reducing costs they cannot give up the drive to grow the top line profitably. The market is still full of opportunities and leaders need to have the confidence to make selective investments to find ways to help the organization achieve profitable revenue growth.</p>
<p>The past is never a good guide to understanding your business and the industry in which you are operating. In fact in a recession it is necessary to invest more time and money to develop insights &#8211; that from which strategy (the ability to offer greater customer value in a unique way that others cannot) can emerge.  Competing based on superior insights can make the difference between winning and losing.</p>
<p>What does winning mean for a business?  Whilst there are many possible responses, there is one response that we call all accept, viz. the achievement of their desired future state. Every business has a current state (where they are now) and a desired future state (where they want to be). Quite obviously, if they have already achieved everything they want, they would no longer have any goals and such a business can only go in one direction- down! But the moment they set goals, they have to recognize that they face challenges, roadblocks that have to be dismantled, before the progress towards the desired future state can continue.</p>
<p>One of the biggest roadblocks that C level executives face is the inability to make timely and superior decisions based on insights for the simple reason that they are working in a highly complex and fast changing environment that fosters fear of failure driven by the lack of clear thinking.  Clarity of thought and action can deliver competitive advantage. I will come back to this subject a little later.</p>
<p>Most companies grappling with the economic downturn and the abrupt slowing of growth do reasonably well on two very critical initiatives viz. the focus on <strong>Financial Performance</strong> including improvements in cash flow, earnings, and capital. They also tend to do well on improving <strong>Operational Performance</strong> including cost reduction and leveraging technology. Two other critical areas where both CEOs and Entrepreneurs alike do not do so well are continuing the <strong>Focus on Growth</strong> with strategic investments and the <strong>Management of Human Capital</strong> in terms of retaining key talent while managing potential workforce reductions.</p>
<p><strong>“Beyond the obvious” thinking</strong></p>
<p>Both these challenges need business leaders to think innovatively and find ways to overcome the knee jerk response that invariably overemphasizes one critical dimension like cost reduction whilst ignoring another vital one like growing the business. Some CEOs I have talked to have thrown in the towel and are reconciled to the fact that there is no solution and that it is not possible to improve their Sales Program Effectiveness. The obsession with cost reduction makes them throw the baby out with the bath water. There is a blinding almost to all interesting and novel approaches that could well be the answer to reversing their slow growth. It involves helping their senior management with the resources they need to generate demand in creative ways that will allow them to retain their customers and in fact do so even more profitably than before. The Big Four Accounting firms are a case in point. There is a strong desire to crawl into the trenches and revert back to their core business where the focus is entirely internal and ignores the fundamental issue of helping their clients to overcome their challenges and roadblocks. Then there are the consumer and industrial product companies who cannot think beyond offering huge discounts to reduce inventory and shrink production. Sure, consumer spending does decrease in a slowdown, but it also changes significantly in terms of product choices driven by fast evolving needs. (I am sure ice cream consumption does actually go up!!). Changing the product mix and creating value for customers based on evolving needs can seriously increase both revenue and profitability. Going back to the basics in terms of Customer Relationship Management and implementing creative demand drivers will once again stimulate demand and ensure continued spending.</p>
<p>Very much aligned to the process of driving growth is the motivation of employees and the retention of talent. I was approached by a senior executive of a reasonably large MNC who reports directly to the Asia Pacific CEO in the regional office. His boss had been under considerable pressure from head office to reduce costs and so upon the urging of his CFO had finally succumbed and sent out a circular informing everyone of a 20% pay cut. The HR head was also supportive because this was a better remedy than making people redundant. My client was the head of a business division and a star in the company driving 30% of revenues and 40% of profits. He and his team secured 90% of their sales in China. His competitor (a much larger MNC) had been headhunting him for two years with a promise of 25% raise for him and his team because they had not yet started business in China and this would give them a jump start. Since he was clearly the best performer in his company he was very distressed with the 20% pay-cut and so was his team- in fact they were urging him to take the other offer immediately. But because he had been with the company for nine years he was not sure and wanted me to help him think this through.</p>
<p>What he finally decided to do is not the issue, but what is important is the decision making process of the CEO. Little did he realize that the future of his company rested in the hands of an external resource that could very well have been internal? I had mentioned earlier that I would comment on the need for clarity of thought and action. Most CEOs and Business Leaders do not realize that they need the help of an external coach. Coaches can help you see beyond the obvious, to extract meaning from the knowledge you already have, and help you see above and beyond the basic situation to uncover business insights that can help you take better informed decisions to beat the competition. They can do this because they invest time to understand you, your values, your business, your desired future state, and your chosen strategies. More importantly, they have lots of experience in helping leaders realize their unfulfilled potential.</p>
<p>When the process of strategic thinking is combined with coaching it has a very powerful impact. One of the greatest challenges of leaders is how to keep up with so much change, in relation to themselves, their team members and their clients. Through a better understanding of the strategic shift particularly in an economic downturn, experienced executive coaches can help leaders identify their knowledge\skills gaps, make them more self aware in a non judgmental way  and give them the confidence to do what is right.</p>
<p>A Leader needs to be able to address his\her inner fears and anxieties that can cloud thinking and become a hindrance to achieving the long term goals of the organization. Coaching can be a tactical and short term intervention after a 360 degree feedback. Or it can be strategic where the focus is on long term development of the leader to achieve the desired results. In either case leaders need to recognize that clear thinking is what leads to changes in behavior that produces the desired outcomes.</p>
<p>Clear thoughts act as catalysts for action whilst muddled thinking invariably leads to diffidence and inaction or serious mistakes that can throw away years of hard work and investment. <strong>‘You are where your thoughts have brought you; you will be where your thoughts will take you’- James Allen.</strong></p>
<p>Even Tiger Woods and Roger Federer in sport, or CEOs of large corporations who have enjoyed a great deal of success need to work with a coach because they are looking for consistent and greater degrees of success. <strong>Leaders can shrink their time to success (desired future state) when they and their senior management are consistently thinking clearly and as a consequence making better decisions than their competition.</strong></p>
<p><strong><a href="http://www.thoughtperfect.com/ceo-profile.html">Pratap Nambiar</a></strong></p>
<p><em>Chief Executive Officer, Thought Perfect Pte Ltd</em></p>
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