Showing posts with label WBF09. Show all posts
Showing posts with label WBF09. Show all posts

Thursday, October 22, 2009

Gary Hamel: Management's Out of Date

What was the greatest invention of human mind in last 100 years? "Invention of management," Gary Hamel suggested at the World Business Forum. "Basically this social technology has been used to manage human minds to accomplish an end." But here's the kicker according to Hamel, the author of the bestselling book on business strategy, Competing for the Future, "this social technology is out of date."

Naturally as Hamel zeroed in on the human mind, he caught my interest, since he framed management as social technology. This makes sense in light of recent research from University College London, which demonstrates, "choices we make internally are weak and easily overridden compared to when we are told which choice to make." On the other hand, innovation in today's businesses requires extraordinary minds to make on-the-spot decisions... minds that solve problems, create and invent.

"Do we we really have a vision for future," wonders Hamel. "I never met 10-year-old who wanted to grow up to be a manager. It's innovation in management that allowed us to cross thresholds and create innovation."


What is it that allows for shifts? Hamel's revolutionary idea is that a new management model's required in the 21st century. Industrial Age models simply don't cut it. What do you think? Hamel's questions to get you thinking...

How can we come up with a new management model?

What if every employee rates managers?

What if every critical development task turns into a game?

What if every employee could outsource boring bits of their work?

"Management models have not changed in a long time," Hamel reflects... and he offers three concepts to change the future:

1. How to build a company that can change as fast as change itself...
"The world is becoming more turbulent faster than organizations are becoming more resilient. What usually has to happen before you can shake loose beliefs and dogmas of a company? Crisis. For instance, Kodak pushed off it's film business. Turnaround's a poor excuse for timely transformation. We have to change the way we change."

2. How do you build a company where innovation is every one's job?

Today you have to compete with everybody
  • Customer inertia
  • Capital constraints
  • Scale advantages
  • Regulatory barriers
  • Proprietary advantages
  • Falling entry barriers - Deregulation, Digitization, New Channels
  • Growing buyer power - More Choices, Better Information
"Have you been trained as an innovator," Gary Hamel asks. "No sense putting out a suggestion box if you haven't given employees strategies to innovate. Is your innovation performance measure and rewarded?"

3. How can we build new knowledge?

"Profit per employee. We are no longer in knowledge work," Hamel says, "but in creative work. Creativity and passion cannot be commanded, but are needed. So how does this change the work of management? How can work climate be changed to generate these?

Do your ideas really matter? Do people at work really listen to you? No more than 20% of employees are engaged in their work. Why do we live with this as managers? Is it possible to change this, Hamel quizzes. He suggests one model - W.L. Gore's - Gor-tex. Why?

High ratings for employee satisfaction
People spend all time innovating and no time fighting bureaucracy.
Nobody has to show up at a meeting. Commitment is voluntary.
10% of time at work spent on hobbies.

How do you get to be a leader at Gore? If your team asks you. All of Gor-tex's against the grain innovative management strategies debunk the myth of management efficiency.

"Gor-tex is not a sloppy company," Hamel points out. "Employees are extraordinarily disciplined. This kind of organization is becoming a necessity." I think Hamel is on target. What do you think?

"What do you do and where do you start? I didn't come to give you a model," Hamel declares, "and say go and do likewise. You have to think about what you heard, deconstruct it, and reconfigure it to fit your business."

"No Gor-tex manager went to business school," laughs Hamel. "There you get your head full of old ways of thinking. Mission may be more important than money. We have to expand freedoms. We have to change cultures. Management has to transcend old tradeoffs such as freedom and discipline. How can we think of alternative ways to gain control?"

"When a new person comes to company they're careful of waterline issues. You can take a risk that will punch a hole in the waterline of this company. Each employee is rated by 20 peers... Rate by value of 1-20 in the company. Every employee is entrepreneurial and collaborative."

To become management innovator - learn from the fringe. "If you want to see change, just look at the Internet. It will change the way we manage. It will allow us to overcome design flaw of Management 1.0. Many managers are not real managers because leadership appointments come top down. Management hires in their own image. People brown nose. Power is binary. If I screw up I lose my power. A lot of power goes sideways," Hamel claims.

"How do you get power on web? By adding value. Power is always on the move. What is alternative to top down leadership appointments."

What if I have no power and can't influence others? Most of us rely on formal power.

No power - No sanctions. How do we hack it?

Through a system for recognizing and empowering "natural" leaders, Hamel argues.
  • Challenge the dogma
  • Explore the fringe
  • Experiment - Be revolutionary
The future of management according to Gary Hamel: Organizations are less adaptable than we are. Humans are amazingly adaptable. We are born to create!

Articles published by bloggers at World Business Forum 2009 show divergent views on Hamel's call for management innovation.

Andrea Meyer: High-Value Innovation: Innovating the Management of Innovation

Bill George: Gary Hamel: We Aren't in the Knowledge Economy. We're in the Creative Economy

Braden Kelly: A Day with Gary Hamel

Ellen Weber: Gary Hamel’s New Management Model

Hutch Carpenter: Management by Community

Jim Estill: Gary Hamel - Competing with the Future

Kathy Korman Frey Will Business Celebrate, or Tolerate, Our Daughters?

Orrin Woodward: 2009 World Business Forum - Gary Hamel

Steve Todd: Gary Hamel: Slacker's Paradise #WBF09

Thoughts on Gary Hamel's view of management?

Sunday, October 11, 2009

Questions Create Connection

"Interrupt me any time you have a question," Patrick Lencioni urged at the start of his presentation at the World Business Forum. What a difference questions make in connecting to people! He primed the pump a tad by saying the first five inquires would receive a copy of his book, The Five Dysfunctions of a Team. More than five leaders stood up to ask a question in throughout the large audience at Radio City Music Hall, though some didn't take home the book.

So what difference does it make to be open to questions and even to be interrupted when presenting your ideas to leaders?

Interestingly, the questions business leaders asked, probed deeper into Lencioni's expertise on team work. They also stirred audience curiosity. Inquires popped in unexpectedly throughout the presentation. Takes a great facilitator to handle questions smoothly, offer wisdom and make these work as assets.

Not only did Lencioni receive good questions, but he pointedly quizzed listeners with even more questions to ponder throughout his talk. It seemed as if we could all add a piece to team challenges. I saw questioning as a tactic to create interconnectedness between audience and speaker.

Audience questions:

Question: Many ideas are created from below and often mid-management stops flow of ideas and they never get to the top. How do leaders overcome this?

Lencioni: 1. Don't assume that leaders above you are really leading the way they want to.

2. Don't be afraid to be the one that takes the leaders upward. Be the leader who takes the kind truth to the leaders above you. Be discerning in what you take. For example, take things only from circle of influence - things you control.

Question: How do you recognize a healthy organization from outside?

Lencioni: Performance. What people who work there, and used to work there, say about it.

Question: We're adding some GenX people to our organization. What can we do to build trust with change of generations?

Lencioni: Gender, Age, and difference, makes you miss the individuality of the person. Younger people need to know they are valued at work.

Question: How do you get people to open up?

Lencioni: I typically use two exercises. Personal Histories. Where did you grow up, how many kids in family, what was greatest challenge growing up?

Use objective tool like Myers Briggs. People see a personality profile. They see people approach life and tasks very differently.

A question I would ask Patrick is: "What about using a multiple intelligences survey to find out how people are smart?" I've found the MI survey is a great tool to encourage the diversity of gifts and talents within the organization in new ways.

Question: How do you minimize politics in an organization?... In the flurry of taking notes, I did not get the answer, though it was one of the most important asked. How would you answer it?

Lencioni's Questions to leaders in the audience:

Teamwork needs to be smart, Lencioni asserts. We only spend half the time on what really counts," he adds. "What about the other half - the health of an organization?"

How would you answer Lencioni's question about building organizational health?

People do not hold each other accountable enough. Peer pressure is the most important tool of accountability. How can that be created? Patrick Lencioni said vulnerably. I have most trouble with this. I hate telling people there is something that needs to be changed. I'm a wuss. Most CEO's are wusses. Leaders do not like telling people there is something they don't like. People do not hold each other accountable enough. What works well for you as you hold others accountable in a democratic setting?

The inquiries brought greater connection between speaker and audience. How might inviting inquiries from folks in the audience work for you throughout your next presentation?

Tuesday, October 6, 2009

Bill Conaty - What's a Performance Culture?

Bill Conaty, head of Human Resources at GE shares the four elements of a Performance Culture How many of us really have one, he wonders. "Most CEO's say they are," Conaty observes, but how many top leaders are involved in who moves up in a company?



Conaty's Four Elements of a Performance Culture

CEO commitment
Well understood company values
Performance goals and measurements
Candor in evaluation

People need to have clear understanding of company values and vision.

Kiss-up and kick-down crowd... I wonder how do you move these folks to a place of value? Are they the possible innovators? Many performance metrics do not truly find people with creative and innovative minds. How does a company really know who the innovative leaders are... maybe they are not the ones who are tops in GE University. For many it works... others hear a different drummer. How do companies lift up the gifts and talents of these employees?

HR at GE has been elevated to legitimate business partner...Leaders who add value to organization. Future HR challenge is winning hearts as well as minds of employees.

How does an organization capture hearts and minds of workers who want to leave organizations? How might organizations value many kinds of minds.

We've never learned enough," says Conaty, "we need to learn from others every day."

Question: You haven't blown the whistle on Fat Cat Salaries. What's the deal with this. The salaries should be connected to how well this ties in to value of stock. We are basing on shareholder value.

Question from WBF community. Is the heyday of consultants over because of crisis? Two sides, Conaty says. Discretionary dollars that organizations have to pay are severely limited so unless they are really good, they will not be hired. On the other hand there are organizations that have cut back on internal employees. These have added many external consultants. Fees will go down. Very few companies now want to pay high fees for external consultants.

Question from WBF community. What is your take on social networks? We talk in organizations about the social architecture. Conaty thinks if the social networks add to that value they are fine.

I wonder about the hard questions people ask through the social networks. When organizations listen and try to answer these, I sense larger organizations will benefit themselves and the wider social community, too.

What do you think?

World Business Forum

The World Business Forum launched this morning. Here's the scene from the Bloggers Hub where I am blogging live today. You'll find my live posts if you follow me @Robyn McMaster.

Monday, September 28, 2009

Blogging Live from World Business Forum

Look for a flurry of blogs next week, on Brain Based Biz, directly from the Blogger's Hub at the World Business Forum. I look forward to the energy of exchanging ideas as world business leaders speak. More than 50 of the leading business bloggers will bring inspiring ideas from the main stage and surrounding events to life for the global business community.

4,000 executives gather for two incredible days of lessons in leadership – HSM, IBM and more than 50 of the leading business bloggers will be working to bring the inspiring ideas live.



I'm joining these awesome business bloggers taking part:

Wall Street Journal Paul Glader @wsj
The Huffington Post Shahien Nasiripour @huffbusiness
BusinessWeek.com Reena Jana @RJMAC
Reuters Felix Salmon @felixsalmon
Newsweek Katie Paul @newsweek
Business.com: What Works for Business Daniel Kehrer @whatworks
asmarterplanet.com Adam Christensen @smarterplanet
Jossey-Bass on Leadership Carolyn Carlstroem @josseybassbiz
mashable.com Ben Parr @benparr
billgeorge.org Zach Clayton @bill_george
The Big Picture Barry Ritholtz
Execunet Lauryn Franzoni @LaurynFranzoni
Execunet Robyn Greenspan @Robyngreenspan
Execunet Joseph McCool
Execunet Jeffrey Sherman Thompson
1 to 1 Media Don Peppers @donpeppers
Path Forward International Julie Lenzer Kirk@YourBoot
Path Forward International Renee Lewis @chiefcatalyst
Thought Bright Blog Robert McNeill
Working Knowledge Andrea Meyer @AndreaMeyer
Working Knowledge Dana Meyer @WorkingKnowledg
Business Boomer Arabella Santiago @businessboomer
Information Playground (EMC) Steve Todd @SteveTodd
Social Media Blog Stu Stuart Miniman @stu
Insights on Leadership and Employee Engagement Michael Lee Stallard @MichaelStallard
Avaya & Buzz Marketing for Tech Paul Dunay @pauldunay
Innoblog Renee Hopkins @Renee_Innosight
Business Strategy Innovation Blog Braden Kelley @innovate
HSMInspiringIdeas.com Graciela Gonzalez Biondo @HSMAmericas
Time Leadership Jim Estill @JimEstill
Goodness500.org Michael Mossoba @creativemichael
All Things Workplace Steve Roesler @steveroesler
Orrin Woodward Leadership Team Orrin Woodward @Orrin_Woodward
Influential Marketing Rohit Bhargava @rohitbhargava
Brain Leaders and Learners Dr. Ellen Weber @EllenfWeber
Brain Based Biz Dr. Robyn McMaster @RobynMcMaster
Triple Pundit Jen Boynton @triplepundit
Triple Pundit Nick Aster @triplepundit
Triple Pundit Ryan Mickle @triplepundit
Marketing Thoughts Blog Ken McArthur @kenmcArthur
Training Magazine’s Training Day Blog Margery Weinstein @margeryw
Awake at the Wheel Jonathan Fields @jonathanfields
Hot Mommas Project Kathy Korman Frey @chiefhotmomma
Vault.com Philip Stott @VaultCareers
Vault.com Linda Petock @VaultCareers
Economist Mom Diane Lim Rogers @EconomistMom
Hank Wasiak Hank Wasiak @hankwasiak
Chris Brady's Leadership Blog Chris Brady @rascaltweets
The Complete Innovator Boris Pluskowski @bpluskowski
PR Mama Stephanie Smirnov @ssmirnov
Ramblings from a Glass Half Full Terry Starbucker @Starbucker
Conference Hound Jordan Enright-Schulz @conferencehound
Conference Hound Bruce Carlisle @conferencehound
Successful Blog Liz Strauss @lizstrauss
Collaboration Solutions in Industry Segments Bob Preston @BobPrestonCCO
5 Blogs Before Lunch David Allen Ibsen @daveibsen
Angry Bear Dan Crawford @angrybearecon
Angry Bear Ken Houghton @angrybearecon
Tree Hugger Matthew McDermott @matmcdermott
Fast Company Expert Blogger Seth Kahan @SethKahan


Stay tuned for all the action in the Bloggers Hub... you'll see a collection of blogs, a live Tweet stream, videos and more.

Friday, September 18, 2009

Kevin Roberts - Emotion Drives Innovation

Kevin Roberts' insights dance in your brain long after you hear what's on his mind. Interestingly, he suggests that corporations deliver an "emotional bonus way beyond price" by delighting customers. Give service beyond customers' expectations.

While many organizations zero in on the rational, on their way to conclusions, for Roberts emotions are key - Emotions that lead to action. It makes sense since most people's decisions to buy are driven by emotion.

In Lovemarks: the future beyond brands
, Roberts shows by building respect and inspiring Love, business can move the world.

Listen as CEO Kevin Roberts shares a primer on his unique leadership style in this YouTube video...



Roberts poses many questions... driven by insatiable curiosity. I look forward to hearing more from Kevin at HSM Americas World Business Forum in New York City October 6-7, 2009.

If you had a chance to ask Kevin Roberts a question, what would yours be?

Saturday, September 12, 2009

Introducing Top Leadership Brainpower at World Business Forum

Top leaders offer solutions as they speak to gnarly problems and issues the world faces, from "Embracing our Common Humanity," to "Economics for a Crowded Planet," at the upcoming World Business Forum, October 6 - 7, at Radio City Music Hall in New York City.

How am I involved? I'm honored to be invited to blog live in Radio City Music Hall during sessions for each of the top speakers below...




Here's a small sampling of the working knowledge available from the minds of the 20 speakers at WBF...

President William F Clinton Bill Clinton Democratic Convention Speech: VIDEO, TEXT

Paul Krugman How Did Economists Get It So Wrong?

Jack Welch Jack Welch Elaborates: Shareholder Value

George Lucas George Lucas Articles

Gary Hamel Exclusive Interview with Gary Hamel

Irene Rosenfeld Business Change Agent

Jeffrey Sachs A Modest Proposal Reviewed by William Easterly

T. Boone Pickens Texas oilman T. Boone Pickens wants to supplant oil with wind

Patrick Lencioni The Five Dysfunctions of a Team is one of eight best selling business books

Bill Conaty Straight Talk in a Slump: What to say to a worried workforce

David Rubenstein Smaller Deals, Less Debt

Antoine Van Agtmael The Emerging Markets Century

Morris Chang Interview with TSMC Chairman Morris Chang

Francisco Gonzalez Spain needs a major economic and social contract to face the country’s problems

Roger Agnelli Brazil's Iron Giant Reaches for the Top

Peter Vosner Shake-Up at Shell to Speed Decision-Making

Kevin Roberts 5 things that will keep me on the phone

Dennis Nally Interview with PricewaterhouseCoopers Chairman Dennis Nally during the summit between the heads of state of Russia and America in Moscow

I'll be joining 29 other bloggers in the Bloggers Hub at the Forum. HSM Global, sponsor of this event, creates a special area at Radio City Music Hall designated as “The Bloggers Hub” with electric power, High-Speed Internet access and comfortable seating for a limited number of bloggers to cover the event live. I look forward to blogging live and sharing insights from speakers here on Brain Based Biz.

HSMAmericas: Crisis Called. Who Answered? Win ticket to World Business Forum by answering question from best-selling http://bit.ly/38AOA

Stay tuned for more details...