the new workplace: creating the 21st century business
TRANSCRIPT
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Creating the
21st-Century Business
The New Workplace
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Message from PCG’s Founder and President
“Succeeding in this post-recession, globally integrated and
highly competitive business landscape requires focus on three
innovation and technology. Second, you need to develop your
leaders so they can succeed in this business environment,
to enhance collaboration, you must learn how to access and
leverage the enormous talent around us.”
Bridgitt Haarsgaard President and Founder
Point Consulting Group
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Creating the 21st-Century WorkplaceOld rules are no longer an option.
complemented by smartphones, replaced by tablets and enhanced
by cloud computing. Our managers are now neither wholly classic
top-down nor modern bottom-up; to be successful, they must be
agile, highly involved and exceedingly results-oriented. And our
teams are now expanding and contracting at the drop of a hat and
spread across the world.
So, how do we navigate this new work environment to achieve the
results we need and stay ahead of the competition?
By developing the right skills, engaging the right people and using
the right technologies, our workplaces can improve performance,
heighten employee engagement, increase productivity and deliver
on strategic goals. We need to stay focused and current in order to
come out ahead.
“Companies must stay competitive in the
current business landscape. Although we
constantly hear about the 2020 workforce,
we need to be operating ahead of the curve,
today. Companies need to focus on the
deliver in a present-day context. Our
present-day consumers are informed, agile
Bridgitt Haarsgaard President and Founder
Point Consulting Group
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Innovation in Business: Our Chief ConcernInnovation is a TOP concern for most senior business
leaders. In a recent IBM study (Capitalizing on Complexity: Insights
1. One of the biggest challenges is the rapid escalation of
complexity in business, which will only increase in the coming
years.
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this complexity in a global environment.
3. Creativity is the single most important leadership competency for
businesses seeking a path through this complexity.
In sum, senior leaders recognize that innovation is their pivotal
integrate it into their workforce. While they are enrolling in classes
on creativity and bringing their teams along, this alone doesn’t
embed approaches to innovation into the company culture.
descriptions have innovative qualities built into them and some
pervasive. A cultural shift in leadership and team approaches to innovation need to happen to truly change a company’s DNA — to truly stay competitive.
The Current Landscape
Looking Forward
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Eight Ways to Embed Innovation into Your Culture
1 Tone at the top.
encouraging employees to provide feedback and listening to ideas from all
employees — from entry level to senior leaders.
2 Craft brand messaging around innovation both internally and
externally. Knowing that the company values innovation and that senior leaders
progressively toward goals.
3Examine hiring practices. If
1990, you have a problem.
candidates who are creative and will not only contribute to the position, but also
take it to the next level.
4 Take advantage of the current talent market. Attract talent from
customers as well as the needs of employees and teams.
Innovation
Looking Forward
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Restructure work teams so you can get more from them. Don’t
perspectives on old problems.
6 Reward people for innovative approaches and ideas. Create formalized recognition programs that encourage creative
behavior.
7 Invest in new hire and high potential programs to attract the RIGHT talentinnovative ways.
8 Use technology to streamline processes and capture ideas. Social
media, chat programs, and crowdsourcing platforms — even used
internally — cast a wider net for solutions and make your team a shining
star.
Eight Ways to Embed Innovation into Your Culture
Innovation
Looking Forward
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Leadership: Which Way Forward?
Leaders today are caught in the middle of two worlds: First, the old
“command and control” archetype that ruled for so many years — the model that
automatically empowers leaders with authority, creates straight-line decision-making
teams.
When our current, more seasoned leaders were hired, they were under the command and
control model, but now they are being asked to shift their style 180 degrees. Managers
today need to operate in a 24/7 work environment, manage a global team, integrate new
challenged like never before: they need to manage their business, people and process —
concurrently.
Both new leaders who have been managed and mentored by command and control styles and
experienced leaders who have implemented them are now embedded in new systems with
new expectations. So, what should leaders do: choose between their grandparent’s style that
there is a successful middle road grounded in innovation and collaboration.
The Current Landscape
Looking Forward
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How Leaders Can Prepare for This New Approach
1 leader looks like.
people-managing by identifying who the talent needs to be, where they are in the
can identify high potential candidates and groom them earlier in their careers,
resulting in organizations that aren’t blindsided by the curveballs thrown at them
at faster and faster rates.
2 Organizations need to invest in strong leadership programs.
need to be prepared to take the captain’s chair at any point. Businesses get bought
need to be ready today companies are in these very situations and are caught without strong leadership.
and range of current challenges.
Leadership
Looking Forward
Leadership
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How Leaders Can Prepare for This New Approach
3positions, for example becoming the head of a Big Brothers/Big Sisters
organization in their city or a work-sponsored volunteer program
challenges?
4 Find opportunities to cross-pollinate talent. Find
alliances with similar or complimentary functions, either internally
clothing, detergent, lotion, toilet paper, etc. After a while, this victim
these products to the people who need them.” Success requires not
only creating/sourcing the right product, but managing the product
Leadership
Looking Forward
Leadership
2011 Talent with 1995 TechnologiesTHE REALITY: to the “decision-makers” can more easily gain recognition for new ideas. But as teams become more dispersed, this simply can no longer
happen.
THE FACT: Present-day workplaces are permeable, global and remote. It’s a fact, many teams are outsourced or restructured, but
THE DISCONNECT: hierarchies; they work individually for recognition; and they use telephone calls, emails and face-to-face meetings as their only means of
communication.
The Current Landscape
Looking Forward
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Breakdown in
team dynamic
due to pressure
Strong synergy
to work through
pressure
The Current Landscape
Looking Forward
Yet the business landscape is anything but status quo — our employee and customer bases
are globally dispersed, our workplace is 24/7, and the
disconnect creates more headache than opportunity.
Contemporary businesses are asked to do much more
with fewer people and resources. Using technology as
a rash substitute can create tremendous frustration
and cause teams to go in two disparate directions,
culminating in:
a break-down in team dynamic because of the
pressure
or a strong synergy to work through the pressure
Without strong team synergy, you don’t know what
2011 Talent with 1995 Technologies
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Collaboration for Creativity
Looking Forward
Collaboration
Collaboration is key for creativity
and your company’s
ultimate success.
1 Know your talent – no matter where they work.
know where talent lies across your entire organization.
2 Create a virtual “Collaborative Mobilization”
WHO the key employees are, WHERE they sit, and WHAT role they can play in the organization. In this scheme, employees collaborate in
Collaboration supports the need for leadership and the output of innovation. All companies have the ability to create collaborative
teams. In an environment where people can share
ideas, push one another in healthy ways, and use
whole-brain approaches, more creative solutions
surface and succeed.
Looking Forward
Collaboration
create detailed role descriptions for US and India counterparts
require mandatory feedback to peers, locally and abroad, every week (this helped eliminate discrepancies in communication
Collaboration for Creativity
+ =Knowing Collaborative
Mobilization
Creative
Work
Environment
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Preparing for NOW
The world of business is becoming increasingly complex. Succeeding in this globally integrated
and highly competitive business landscape
is a challenge for even the best and brightest
organizations. By focusing on creating strong
leaders, embedding innovation into your
company’s DNA and creating collaborative
mobilization, companies will succeed and win.
Contact PCG to see how we can help you create
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PCG Working Paper Seriesby Point Consulting Group. It includes thought-provoking discussions, interviews,
research and writing on what it means for companies to remain ultra-competitive
in today’s workforce. Point Consulting Group engages senior leaders and provides
them with tools to stay focused, innovative and collaborative in a world that is
changing faster than we can imagine.
For more information, please contact us at: [email protected]