Integrated Thinking: Create value & ensure sustainable business

MIPA-CIMA Annual Seminar

Presentation by Rishi Sookdawoor, President & CEO – BAI Co (Mtius) Ltd

22 August 2014

business leadership

theme of the talk

Autocratic Democratic Laissez-faire

typical styles

Boss-centeredLimited EE participation

Participative / ConsultativeHigh EE involvement

EE-centeredHigh degree of EE freedom

Leaders should adjust their leadership styles according to situations…by telling, selling, participating, and delegating in accordance with the readiness of their followers

Source: Adapted from Paul Hersey, Situational Selling (Escondido, CA: Center for Leadership Studies, 1985), p. 19.

Leadership Behaviours

business leadership the roles

let’s discover…

inspire - engage - mobilise - forge - innovate

“business leaders today have to be more rounded than they used to be, they

have to be completely multi-functional and fast-

moving”- Sir Stuart Rose

“The key to successful

leadership today is influence

not authority”

- Kenneth Blanchard

Business Leadership

which maximises the

efforts of people towards

the achievement of goal

…emotions, opinions, or

behaviours are affected by

others

Process of social

influence

Integrated Thinking: Create value & ensure sustainable business

Create Value

Ensure Sustainability

?

Thought Leadership

Vision & Strategy

Innovation

EE Engagement

Execution Discipline

Organisational Culture

Create Value

Ensure Sustainability

transformational

changing rolebusiness leaders

– Seeing the connection between external trends and the implications for core business

– Creating the conditions to enable leadership to emerge– Encouraging innovation and framing challenges that

inspire it– Influencing mind sets and culture

Changing Role of Business Leaders

1

connect-create-encourage-influence

– Set & measure appropriate metrics– Having the courage of one’s convictions and persisting

in the face of challenges– Recognizing and rewarding positive new behaviours and

outcomes– Ensuring support where needed

Changing Role of Business Leaders

2

set-measure-recognise-reward

– Contributing to public debate with an informed point of view

– Proactively leading change in consumer and supplier behaviour, industry norms and government policy

– Engaging in dialogue to understand and empathise with groups and communities with perspectives contrary to one’s own

– Engaging in multi-stakeholder collaboration with unconventional partners

Changing Role of Business Leaders

3

contribute-collaborate-lead change

• Leading for the Long Term– Creating sustainable value– Creating conditions for Leadership to emerge across

levels– Creating change agents

Changing Role of Business Leaders

4

creating a dynamic culture

business leadership

desired qualities to cope with the ever changing world

I AG EImagination

(Innovative, Creative, Smart,

Sharp…)

Authenticity

(Genuine, Ethical, Integrity, Right…)

Go Getter

(Influence, Drive, Dynamism, Passionate,

Leader, Make it happen…)

Excellence

(in everything we do)

MMindset

(Right Mental Attitude;)

Thank you!Create value & ensure sustainable business

MIPA-CIMA Annual Seminar

Presentation by Rishi Sookdawoor, President & CEO – BAI Co (Mtius) Ltd

22 August 2014