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1 Accelerating through the turn May 1, 2020 Future-proofing leaders

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Page 1: Accelerating through the turn - Korn Ferry · through the turn Hot topics for navigating the crisis Leading virtually in disruptive times Keeping your people engaged and productive

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Accelerating through the turn

May 1, 2020

Future-proofing leaders

Page 2: Accelerating through the turn - Korn Ferry · through the turn Hot topics for navigating the crisis Leading virtually in disruptive times Keeping your people engaged and productive

2© 2020 Korn Ferry. All rights reserved 2

Page 3: Accelerating through the turn - Korn Ferry · through the turn Hot topics for navigating the crisis Leading virtually in disruptive times Keeping your people engaged and productive

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Agenda

Introduction

Message from Korn Ferry CEO

The self-disruptive leader

Hit the gas actions

Learn more

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LAURA MANSON-SMITHChief Commercial OfficerKorn Ferry Consulting

KHOI TUSenior Client Partner, UK

GARY BURNISONChief Executive Officer

ALBERTINA VAUGHNLeadership Development Solution Leader, NA

MIRIAM NELSONAssessment & SuccessionSenior Client Partner

Speakers

© 2020 Korn Ferry. All rights reserved 3

Page 4: Accelerating through the turn - Korn Ferry · through the turn Hot topics for navigating the crisis Leading virtually in disruptive times Keeping your people engaged and productive

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Disruptive timesmake traditionalleadership modelsredundant

© 2020 Korn Ferry. All rights reserved 4

Page 5: Accelerating through the turn - Korn Ferry · through the turn Hot topics for navigating the crisis Leading virtually in disruptive times Keeping your people engaged and productive

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The new model of future-ready leadership

ANTICIPATE DRIVE ACCELERATE PARTNER TRUST

© 2020 Korn Ferry. All rights reserved 5

Page 6: Accelerating through the turn - Korn Ferry · through the turn Hot topics for navigating the crisis Leading virtually in disruptive times Keeping your people engaged and productive

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It’s beyond my control. Things will improve on their own.

High expectations also lead to great disappointment.

If you wait too long, you will have a different problem and have to start all over – so move now!

Disappointment is inevitable; being discouraged is a choice.

ToFrom

ANTICIPATE

© 2020 Korn Ferry. All rights reserved 6

Page 7: Accelerating through the turn - Korn Ferry · through the turn Hot topics for navigating the crisis Leading virtually in disruptive times Keeping your people engaged and productive

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The business of business is business.

Being busy and working hard is the key to success.

ToFrom

Don’t engage feelings – you respect people by leaving them alone.

Leadership is about making the lives of your team better.

A sense of caring creates a sense of community.

Empathy reduces defensiveness and replaces it with positive energy.

DRIVE

© 2020 Korn Ferry. All rights reserved© 2020 Korn Ferry. All rights reserved 7

Page 8: Accelerating through the turn - Korn Ferry · through the turn Hot topics for navigating the crisis Leading virtually in disruptive times Keeping your people engaged and productive

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We have one chance to get it right.

Success is based on good preparation.

ToFrom

I need to get everything right.

You never reach perfection.

Failure is practice to get better.

The best preparation for success tomorrow is to start today.

ACCELERATE

© 2020 Korn Ferry. All rights reserved© 2020 Korn Ferry. All rights reserved© 2020 Korn Ferry. All rights reserved 8

Page 9: Accelerating through the turn - Korn Ferry · through the turn Hot topics for navigating the crisis Leading virtually in disruptive times Keeping your people engaged and productive

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The more control I have, the easier life is.

I strive for role clarity and boundaries.

ToFrom

I feel confident when I outperform others.

No one is smart enough to be right 100% of the time.

No matter how good you are, people around you will have all kinds of ideas to be better.Hang out with people who are better than you.

Between two ideas, there is a better idea.

Friction and tension between ideas produces new and better ideas.

PARTNER

© 2020 Korn Ferry. All rights reserved© 2020 Korn Ferry. All rights reserved 9

Page 10: Accelerating through the turn - Korn Ferry · through the turn Hot topics for navigating the crisis Leading virtually in disruptive times Keeping your people engaged and productive

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Harmony is achieved when differences are reduced.

People are people, we treat everyone the same, and people are always rational.

ToFrom

Strength lies in differences, not similarities.

Differences do not divide people; the inability to recognize them does.

I don’t show weakness. You can have fairness and diversity.

TRUST

© 2020 Korn Ferry. All rights reserved© 2020 Korn Ferry. All rights reserved 10

Page 11: Accelerating through the turn - Korn Ferry · through the turn Hot topics for navigating the crisis Leading virtually in disruptive times Keeping your people engaged and productive

Poll 1

ANTICIPATE DRIVE ACCELERATE PARTNER TRUST

Think about the leaders in your organization. What have you seen more of in this crisis? Where are they stepping up?

© 2020 Korn Ferry. All rights reserved 11

Page 12: Accelerating through the turn - Korn Ferry · through the turn Hot topics for navigating the crisis Leading virtually in disruptive times Keeping your people engaged and productive

Poll 2

© 2020 Korn Ferry. All rights reserved

ANTICIPATE DRIVE ACCELERATE PARTNER TRUST

Conversely, what would you like to see more of? Where do your leaders need to develop?

© 2020 Korn Ferry. All rights reserved 12

Page 13: Accelerating through the turn - Korn Ferry · through the turn Hot topics for navigating the crisis Leading virtually in disruptive times Keeping your people engaged and productive

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Only 15% of business leaders globally are

Self-Disruptive Leaders

Leaving 85% who urgently need to develop

future-ready skills

© 2020 Korn Ferry. All rights reserved 13

Page 14: Accelerating through the turn - Korn Ferry · through the turn Hot topics for navigating the crisis Leading virtually in disruptive times Keeping your people engaged and productive

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3Assess the leadership talent you have

Measure what matters and update your data 4

Assign the best and brightest to pivotal strategic campaigns

Support these leaders with development

Hit the gas

Examine your organization’s capacity for disruption Find and develop the “next 15%”

Conduct an emergency succession review

© 2020 Korn Ferry. All rights reserved 14

Page 15: Accelerating through the turn - Korn Ferry · through the turn Hot topics for navigating the crisis Leading virtually in disruptive times Keeping your people engaged and productive

1 Conduct an emergency succession review

Prioritize the most critical roles and people to keep the business solvent.

Run through business scenarios before making fast talent decisions.

Be radically realistic about talent capability, engagement and availability.

Accept that you will need to take talent risks that might not all prove to be right.

© 2020 Korn Ferry. All rights reserved 15

Page 16: Accelerating through the turn - Korn Ferry · through the turn Hot topics for navigating the crisis Leading virtually in disruptive times Keeping your people engaged and productive

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Measure what matters and update your data2PRE-COVID-19

Talent reviewPOST-COVID-19

Talent review

PotentialDeep Broad

Perf

orm

ance

ove

r tim

e (w

hat &

how

)Lo

wH

igh

PotentialDeep Broad

Perf

orm

ance

ove

r tim

e (w

hat &

how

)Lo

wH

igh

© 2020 Korn Ferry. All rights reserved 16

Page 17: Accelerating through the turn - Korn Ferry · through the turn Hot topics for navigating the crisis Leading virtually in disruptive times Keeping your people engaged and productive

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3 Assign the best and brightest to pivotal business priorities

Where have you chosen to go?

The direction you are setting:

Your purpose

What advantage do you need to win?

The 2 or 3 things the business needs to be great at:

Your strategy

What campaigns do you need to focus on?

The 4 or 5 things you want done to get there:

Your priorities

What leadership do you need?

The people and teams that can get these things done:

Balanced action teams

© 2020 Korn Ferry. All rights reserved 17

Page 18: Accelerating through the turn - Korn Ferry · through the turn Hot topics for navigating the crisis Leading virtually in disruptive times Keeping your people engaged and productive

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4 Support these leaders with development

Hot topics to accelerate through the turn

Hot topics for navigating the crisis

Leading virtually in disruptive times

Keeping your people engaged and productive

Protecting your company’s economic health

Cultivating personal resilience amid volatility

Managing change in disruptive times

Activating personal agility

Decision-making in chaos and complexity

Making tough strategic trade-offs

Communicating with vision and clarity

Rebuilding trust

Align learning with new and virtual ways of working

© 2020 Korn Ferry. All rights reserved 18

Page 19: Accelerating through the turn - Korn Ferry · through the turn Hot topics for navigating the crisis Leading virtually in disruptive times Keeping your people engaged and productive

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3Assess the leadership talent you have

Measure what matters and update your data 4

Assign the best and brightest to pivotal strategic campaigns

Support these leaders with development

Hit the gas

Examine your organization’s capacity for disruption Find and develop the “next 15%”

Conduct an emergency succession review

© 2020 Korn Ferry. All rights reserved 19

Page 20: Accelerating through the turn - Korn Ferry · through the turn Hot topics for navigating the crisis Leading virtually in disruptive times Keeping your people engaged and productive

Reflections

What are your insights or actions?

Please type into the Q&A box.

© 2020 Korn Ferry. All rights reserved 20

Transform to perform

Shaping the future workforce

Future-proofing leaders

Page 21: Accelerating through the turn - Korn Ferry · through the turn Hot topics for navigating the crisis Leading virtually in disruptive times Keeping your people engaged and productive

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Resources

Take the Korn Ferry Organization Scan.1

2 Learn more about the self-disruptive leader.www.kornferry.com/self-disrupt

© 2020 Korn Ferry. All rights reserved 21

Page 22: Accelerating through the turn - Korn Ferry · through the turn Hot topics for navigating the crisis Leading virtually in disruptive times Keeping your people engaged and productive

Thank you