glf full presentation with talking points · glf conversation •presentations ... or for more...
TRANSCRIPT
© Development Dimensions Int’l, Inc., MMXIV. All rights reserved.
Global Leadership Forecast 2014|2015
Jo Lane, Senior Consultant
The 22nd Annual Hotel General Managers Conference
20th January 2015
Ready-Now Leaders:Meeting Tomorrow’s Business Challenges
© Development Dimensions Int’l, Inc., MMXIV. All rights reserved.
The Conference Board CEO Challenges
Percent of Leaders Considering Themselves Very Prepared
Quality of Leadership
© Development Dimensions Int’l, Inc., MMXIV. All rights reserved.
40%2014
Leader Rating
38%201137%
2009
25%2014
25%2011
HR Rating
46%
Critical Positions That Can Be Immediately Filled
© Development Dimensions Int’l, Inc., MMXIV. All rights reserved.
There’s a Difference
Performance
Potential
Readiness
How one is performingnow in current role
One’s likelihood of leadership growth
One’s fit with a specific role, job or job family
© Development Dimensions Int’l, Inc., MMXIV. All rights reserved.
WHAT PEOPLE
KNOWTechnical and/or
professional
information needed
to successfully
perform job activities
WHO PEOPLE
AREPersonal dispositions
and motivations that
relate to job
satisfaction, job
success or failure
A Holistic View of Success
WHAT PEOPLE
CAN DOA cluster of
behaviours performed
on a job
WHAT PEOPLE
HAVE DONEEducational and
work achievements
needed
to successfully
perform job activities
SM
© Development Dimensions Int’l, Inc., MMXIV. All rights reserved.
SOFT SKILLS EQUAL HARD IMPACT
© Development Dimensions Int’l, Inc., MMXIV. All rights reserved.
What makes a leader
“BEST–EVER”
1. Recognised me appropriately
2. Supported me without taking over
3. Involved me in decisions
4. Listened to me
5. Took time to explain rationale for decisions
6. Took care to maintain my self-esteem
Source: Lessons for Leaders, DDI 2012
© Development Dimensions Int’l, Inc., MMXIV. All rights reserved.
Time Spent Interacting vs. Managing
© Development Dimensions Int’l, Inc., MMXIV. All rights reserved.
Preferred Time Interacting vs. Managing
© Development Dimensions Int’l, Inc., MMXIV. All rights reserved.
WHAT NOW
#
What Organisations Value
© Development Dimensions Int’l, Inc., MMXIV. All rights reserved.
WHAT NOW
#
How Leaders Develop
© Development Dimensions Int’l, Inc., MMXIV. All rights reserved.
70 : 20 : 10On-the-Job
Learning
(developmental
assignments, special
projects, task forces)
Learning
from Others
(coaching by
managers/mentors,
shadowing others,
networking)
Formal
Learning
(training courses,
books/articles,
diagnostic
assessments)
© Development Dimensions Int’l, Inc., MMXIV. All rights reserved.
Myth Meets Reality
Leadership Development Mix
© Development Dimensions Int’l, Inc., MMXIV. All rights reserved.
SO WHAT
?
Learning Journey
© Development Dimensions Int’l, Inc., MMXIV. All rights reserved.
Organisations Using
Learning Journeys Are:
© Development Dimensions Int’l, Inc., MMXIV. All rights reserved.
Bottom 20%
2.5x
Top 20%
3.4X 2.9X
SO WHAT
?
THE {new} ROLE OF HR
© Development Dimensions Int’l, Inc., MMXIV. All rights reserved.
Partner
• Embedded in business• Resolves talent issues• Supports rollout of talent
management initiatives
60%
What Role Does HR Play?
© Development Dimensions Int’l, Inc., MMXIV. All rights reserved.
• Develops andadministrates policy
• Ensures compliance• Source of HR expertise
when asked
Reactor 22% Anticipator
• Align talent capabilitieswith business strategy
• End-to-end talent management architecture
• Interpret talent trends and translate into opportunities
18%
HR
Talent + Strategy Boosts
Financial Performance
© Development Dimensions Int’l, Inc., MMXIV. All rights reserved.
Bottom 20%
6.2x
Top20%
SO WHAT
?
What Happens When You Get It Right?
© Development Dimensions Int’l, Inc., MMXIV. All rights reserved.
Outcomes That Count
© Development Dimensions Int’l, Inc., MMXIV. All rights reserved.
Effectiveness of leadership development programs
Leader engagement and retention
Current quality, future bench strength
Composite financials: profitability, earnings per share, 5-year rate of return to investors, and stockholder equity
SO WHAT
?
+ 6x
© Development Dimensions Int’l, Inc., MMXIV. All rights reserved.
Financial Impact
7.4x
8.8x
2011 2014SO WHAT
?
+ 6x
© Development Dimensions Int’l, Inc., MMXIV. All rights reserved.
Financial Impact
7.4x
8.8x
2011 2014
9x
GLFCONVERSATION
• Presentations • Global Report
• Webinars • Special Event Invitations
www.ddiworld.com/GLF2014Get the Insights!
Join the
© Development Dimensions Int’l, Inc., MMXIV. All rights reserved.
Or for more information: [email protected]