Managing Millennials

By Sharon Ferrier, Director of Persuasive Presentation

In 1953 William L. Patty and Louise S. Johnson in their book “Personality and Adjustment” lamented about the youth of today and wrote about a quote attributed to Socrates

“The children now love luxury; they have bad manners, contempt for authority; they show disrespect for elders and love chatter in place of exercise. Children are now tyrants, not the servants of their households. They no longer rise when elders enter the room. They contradict their parents, chatter before company, gobble up dainties at the table, cross their legs, and tyrannize their teachers.”

Although a fabulous quote, it has now been debunked as a myth. But what is interesting, is that the youth they were referring to are the baby boomer leaders and managers of today.

Every generation sees the generation that follows them as less respectful, narcissistic and more easily distracted. And I have no doubt that in 20 years’ time Gen Y will be making the same complaints about Gen Z!

In 2009 Daniel Pink published his book Drive and introduced us to the idea of intrinsic motivation and the personal need for autonomy, mastery, and purpose. Dr Jason Fox, himself a millennial, expands on this idea in his book Game Changers and links motivation with gaming techniques: Goals, Rules and Feedback.

Fox explains that:

Goals – align with purpose and the inherent reward of the work.

Rules – calibrate challenge which contributes to mastery.

Feedback – enhances the simulation and keeps people working with autonomy.

So what can we do as managers and leaders? A manager recently lamented “If people would just do as their told life would be so much easier.” The reality is, is that the days of command and control are over and none of us like being told what to do. When we are told to do something without consultation, we react with our inner 10 year old that says “Yeah? Make me!”

We need another tactic. Pushy people cause resentment and if we’re passive nothing gets done. We do have a third alternative however, and that is persuasion.

Here are some ideas on how to apply it.

Align goals and vision

I have a friend Helen, whom I refer to as Midas Woman. Helen has the Midas touch with dysfunctional teams. She is flown around the country by her organisation and magically transforms low performing teams into exceptional teams that end up being the top performers in their field.

A few months ago I was determined to find out how Helen did it. After an excellent meal (and quite a bit of wine!) I cornered Helen and asked her how she did it. She replied with “I listen, ask about their dreams and goals and then tell them what they want to hear.”

What??!! Surely it cannot be that simple?

Helen went on to explain. “I focus on what gets them out of bed in the morning, why they chose to work in this industry and what they value in their work. I then align their values with the company values and smooth the path for them to succeed and enjoy their work. Sometimes values do not align and I highlight this and explain that they may never be happy working here and support them in finding a new position.”

If we accept the validity of intrinsic motivation, we need to make an effort to understand what our people want and need. Persuasion means ‘to win others over, not to defeat them.’ In order to do this, we need to link the organisational goals with the individual.

Rules and guidelines

According to McCrindle Research Millennials over their working life will have over 17 jobs and five different careers. Managers need to be ready to induct employees efficiently so they can be productive as fast as possible. Inductions programs need to focus on core skills and culture and then be supported by on the job coaching and mentoring. Millennials (Gen Y) are known for asking ‘Why?’ A strong company manifesto consisting of “This is who we are and this is what we do.” needs to be communicated constantly.

Feedback

When we think of feedback we automatically add a negative in front of it. And yet quality, meaningful feedback is essential for improvement and job satisfaction. We all like to be recognised and to see progress. MBWA (Management By Walking Around) still applies and when it comes to persuasive communication, there is nothing more effective than face to face.

Have fun

Generally, many baby boomers see work like a plate roast and three veg, where the meat and vegetables, like work and leisure, do not touch. Alternatively Millennials see work and play more like spaghetti bolognaise where everything is interconnected and interrelated.

I remember years ago visiting a fudge stall at the famous Quincy Market in Boston. The fudge was made fresh daily and as the staff were making it, they would break into song and encourage customers to sing along as well. It was fabulous and the queues went out the door. I was equally enamoured when I heard about the FISH philosophy which was founded in the Seattle fish markets.

Having fun and being effective are not mutually exclusive. Over the past decade we have seen a dramatic reduction in the formality of workplaces. Great teams are diverse and encourage inter-generational communication. We need to view both sides of the coin, to integrate the past but also view our organisation with the fresh eyes needed to prepare our company for the future.

About the author:
Sharon Ferrier is the Director of Persuasive Presentation. Sharon’s background is in sales and marketing and along the way has studied business administration, marketing, management, journalism as well as more eclectic skills including comedy, improvisation and the art of persuasion. As an award winning speaker and salesperson Sharon uses her skills to help people become persuasive and influential speakers.

 

 

Sharon will be speaking at the Adelaide Masterclass on Engaging the work force – how leaders engage and inspire people to prepare for change on the 31st of October 2017.

Book today

 

Trust: Hard To Earn But Easy To Lose

 

If there’s one thing that ensures team success, it’s trust.
By Kate Jones

 

Trust is the key that unlocks the door to more innovative, agile and productive organisations.

Yet it barely rates a mention in boardrooms across Australia, reflecting an even more worrying trend – society’s growing mistrust of institutions.

Declining trust is a problem for governments, banks, the media and even non-government organisations. Research shows flagging trust means the majority of people think societal and economic systems are working against them.

The 2017 Edelman Trust Barometer, which samples more than 33,000 respondents from 28 countries, found people’s concerns centre around corruption, globalisation, immigration, an erosion of social values and the pace of innovation.

Across the four institutions of government, business, media and NGOs, business was viewed as the only one that can make a difference. Three out of four respondents agree a company can take actions to both increase profits and improve economic and social conditions.

Business leaders play an important part in rebuilding trust and it all starts in-house.

Today’s fast-paced advances mean there is a greater emphasis on explaining the impact of innovation to employees and what it means for their jobs. There is the ongoing need for businesses to pay employees fairly, constantly improve benefits and provide job training.

Being a trustworthy leader is all about establishing credibility, says business psychologist Sebastian Salicru, author of Leadership Results: How to Create Adaptive Leaders and High-performing Organisations for an Uncertain World.

 

“Leaders need to be fair by displaying consistency in decision-making . . . and sharing their influence and power appropriately”

 

“This means acting with integrity and being role models of the principles, values and behaviours they uphold,” he says.

“More specifically, building credibility entails enhancing or repairing their psychological contracts with their people by fulfilling the expectations employees have of them, building trust by communicating openly, keeping their promises, demonstrating competence and good judgment.

“They also need to be fair by displaying consistency in decision-making, providing opportunities for others to share their views, share their influence and power appropriately, and provide ongoing feedback to their teams.”

Winning a team’s trust is a marathon and relies on being respectful, welcoming feedback and admitting mistakes, Salicru advises. Losing it can be a sprint.

“Don’t assume people know what you expect from them, don’t pretend that you know everything, don’t blame others when things go wrong, don’t display favouritisms, don’t bully, abuse your power or discriminate against others, don’t avoid conflict and don’t try to be liked or seek approval from others,” he says.

Restoring strong team trust will translate to consumers, giving them confidence to do business with an organisation and recommending that organisation to others. Flowing from this are healthy customer relationships, which fast-track business growth and build sustainable brand equity.

“It manifests in increased sales, repeat business, customer loyalty and brand ambassadorship,” Salicru says.

“In turn, this affords you and the organisation brand differentiation, good reputation, and greater competitive advantage. In the longer-term, this means increased market share, sustainability and business growth.”

Maintaining trust has and always will be crucial for business leaders. Leaders can do this by working towards putting people, their employees and customers, at the centre of everything they do.

 

Career Doctor: An IML Specialist Takes A Problem To Task

 

 

The problem: ‘I’m a new boss who has discovered that morale and productivity are low. What’s the best way to raise standards?’

 

Peter says: It’s easy to become overwhelmed, lost and bewildered as a young first-time manager taking over a dysfunctional team with a very negative culture. The situation can be magnified if there’s little or no support to coach or guide you through the steps you must take to establish your credibility and garner trust from the members in your team. In any case it’s best to have a fluid plan that you can adapt depending on circumstance. Once you have that set, consider the following as team-building tips that will help you execute your plan.

 

Let them know who you are
At the earliest opportunity, speak to the whole team about your work history and who you are as a person, and present an overview of why you were given the position.

Be open with your intentions
When setting out plans for the future, don’t be tempted to outline a “grand plan”. Building trust, boosting credibility and setting out guidelines for a collaborative culture are key. You will need to be inclusive while remaining cautious when explaining your vision of the team’s future, especially when it includes building a stronger more positive and proactive culture within the team.

Up close and personal
Spend one-on-one time with each team member as soon as possible. This provides the opportunity to learn more about each other, find out what’s working well and why, and what could be improved and how. It’s one of the best ways to find out what the real concerns are. This should become a fixed weekly or fortnightly catch-up to provide and receive open and honest feedback.

The task at hand
As soon as you know what’s working well and what needs to be improved from the team, convene a team meeting to advise your team on what you’ve learned from the one-on-ones and how you plan to tackle the areas that need to be improved (after ensuring to ask them for their ideas). Then divide up the tasks, empowering individuals and teams, while you take responsibility for the big-ticket items.

Accountability
Reinforce standards for correct behaviour and performance, referencing job descriptions and codes of conduct. Emphasise that you also abide by these standards. Respect, credibility and trust are supported by consistency and fairness in all you do. You’re a role model from the very first moment you take up the job. Your team will be watching you.

 

Peter Cullen is an education and training facilitator who teaches “Manage People, Performance and Business Effectively” courses. Each three-day program engages participants in developing and implementing their capabilities as manager and leaders.

Helping People Achieve

Written by Tony Burns FIML, CEO of HPA Incorporated “Helping People Achieve”

At a young age my parents instilled in me the mantra that giving back is the best reward in life. Taking their advice, I have dedicated my time to making life easier for others, and as the Chief Executive Officer of HPA – Helping People Achieve, I am very humbled to have the opportunity to lead such as amazing team.

Our vision as a company is to empower people. Supporting them through development of confidence, independence and life skills to lead a fulfilling everyday life in a world where there are no barriers. The HPA team are the only motivation I require to continue our journey and remain focused on our commitment to be an innovative employer.

But high-performance cultures don’t just appear, I understand that and have pushed towards finding what motivates people throughout the organisation. I have lived and experienced all types of leadership over my years working with people including in my amazing current role. I feel these experiences have really given me the tools of the trade to be a great example of leadership and how it can help others achieve.

Below are some of my personal leadership qualities in relation and processes with “Helping People Achieve”.

Define Your Culture

Company culture is the personality of a company. It defines the environment in which employees work. Company culture includes a variety of elements, including work environment, company mission, value, ethics, expectations, and goals.

Its important to all our employees, because our workers really enjoy their time in the HPA workplace when they fit in with the company culture. What I have found is that people tend to develop better relationships with all coworkers, and are even more productive to help get buy-in and align the organisation behind our strategy.

Mentoring

Mentoring is also an essential leadership skill. In addition to managing and motivating people, it’s also important that I can help others learn, grow and become more effective in their roles and responsibilities.

Below are 12 quick tips to remember when approaching mentoring, to help make sure both you and your mentee get the most out of your session.

1) Approach each mentorship differently
2) Set expectations together in the very beginning
3) Take a genuine interest in your mentee as a person
4) Know when to wait before giving advice
5) Improve your emotional intelligence
6) Don’t assume anything about your mentee — ask
7) Be really forthcoming about mistakes you’ve made
8) Celebrate their achievements
9) Give more than you ask for
10) Seek out classes or projects related to skills your mentee wants to develop
11) Solve for the long-term
12) Lead by example

Transparency

I’ve never bought into the concept of ‘wearing the mask.’ As HPA’s leader, the only way I know how to engender trust and buy-in from my team and with my colleagues is to be 100 percent authentically me—open, sometimes flawed, but always passionate about my work.

Inspiration

Leaders aren’t self-made; they are driven. A lot of people have given me inspiration over the years and great inspiration and fantastic advice, and I was fueled by my beliefs and an internal drive and passion to do great things and inspire along my journey. That’s why I’m always willing to offer motivation—to friends or strangers. I know the power of inspiration.

Networking Is Working

I have found that Networking is one of the most important professional skills you can develop. It is defined as ‘exchanging information, contacts and experience for professional or social purposes’. It’s about building two-way, mutually beneficial relationships—one person at a time. I truly believe that people who build strong internal and external networks within their organisation are often better positioned to:
– work collaboratively
– be aware of greater opportunities for our company
– be in touch with the right people to get ‘things done’

Passion

You must love what you do. In order to be truly successful at something, you must obsess over it and let it consume you during your process of achieving greatness. No matter how successful your business might become, you are never satisfied and constantly push to do something bigger, better and greater. My passion and drive to make a difference and create possibilities for others is how I live my life every day. I am truly living my purpose to ‘Help People Achieve’.

Innovation

In any system with infinite resources and infinite expansion of population—like HPA, or like all of humanity—innovation is essential for not only success but also survival. The innovators are our leaders. You cannot separate the two. Whether it is by thought, technology or organization, innovation is our only hope to solve our challenges and speed bumps along the way.

Tony will be one of many speakers at our upcoming Sydney Conference on the 5th October 2017. Book Now to hear Tony and many other specialists in their respective fields discuss attributes of successful leaders at this full day event.

Improving Employee Engagement

By Andrew Messer AFIML, Manager of the Application Services Unit at the Queensland Curriculum and Assessment Authority (QCAA)

Every leader wants, or should want, an engaged team of people. Much has been written about how employee engagement is the key to customer engagement, because engaged employees care about their customers.

But engagement is not a switch you can flick. Employee engagement actually starts with leader engagement – people just won’t engage with a leader who has clocked off.

As leaders, we have to be intentional about this. We’ve got to be active and take the first step.

That’s why I make a point of asking my people these two questions, and not just once, but as often as it takes. These two questions are simple but they are empowering. They prompt people to think – sometimes about things they haven’t thought about much or enough.

 

Ask your people these two questions

    1. What do you want to achieve?
    2. How can I help you do that?

You’ll notice that the first question is not directly and specifically about what they want to achieve in their job – but the context of this conversation with a team member tends to guide their thinking this way.  It’s either about what they want to achieve in their job or in their career.

I get three main types of responses to this – “I don’t really know”, “I’ll have a think about that”, or a specific answer.  If they can’t provide a specific answer, then you can’t ask the second question – it just becomes a statement of intent.

It is our responsibility as leaders to help our people identify their goals and help them to achieve them. Sometimes people need a push to consider this, because it’s so easy for them to get comfortable.

But when your people get to a point where they can give a specific answer, it’s great to see how they light up when you ask the second question.

 

How does this help increase engagement?

These questions will help to increase your team’s engagement in three ways:

  • When people have thought about their goals and know they will be supported, their engagement is increased. They are going to come in to work more inspired by having a personal goal they can achieve and knowing they have a backer – you!
  • When you have offered to help people develop and you are sincere about following through, your engagement is increased. You can’t make this offer half-heartedly, you have to mean it and do it – but you will find it is one of the most rewarding things you can do as a leader.
  • And when you’ve done this process with your people, and you encourage them to lead the same way and do the same with their teams, their peoples’ engagement is increased. It’s incredible to watch this sort of thing move forwards and radiate outwards across a larger team.

And that is the beginning of developing an engaged culture, where personal and professional development becomes part of the DNA of your organisation.  And what leader doesn’t want that for their team?

 

 

Want to hear more on engaging and inspiring your team? Andrew will be speaking at our Brisbane Conference on the 2nd November 2017 about the ‘ability to inspire’. Book Now and don’t miss this insightful event!

 

 

 

What Makes The Leader of the Pack

Great leaders are workhorses, not show horses

By Sam Bell FIML
The Institute of Managers and Leaders  General Manager Corporate Services and Research 

In June ‘the suspended schoolboy turned disruptive CEO’ was finally removed from his post at CPA Australia. Alex Malley left the membership-based accounting body with a payout of $4.9 million of members’ equity, a board without a quorum and no obvious leadership succession plan.

It was a sad finale for Malley who, after seven-and-a-half years as CEO, arguably left CPA Australia in a sustainable financial position, with strong brand recognition and a growing international profile. No one should doubt Malley’s passion and commitment, although some may question his delivery method and other aspects of his leadership.

Malley also seemed to be able to do what others have failed to do – position the CPA qualification as a stepping stone to roles in management and leadership. And he was able to attract large cohorts of international students to the CPA brand. This undoubtedly propelled the organisation beyond its home market and gave many international students the hope of a job in Australia (even if the truth was that these jobs were rather more difficult to come by than they were perhaps led to believe).

Much of what Malley espoused about leadership related to his own experiences. Of course, it’s somewhat ironic then that his personal leadership style ultimately played a part in his untimely exit.

Leadership style is the way that a leader provides vision and direction, sets strategy and motivates people. This doesn’t mean that leaders should accept the status quo or shy away from change. Far from it. They must navigate choppy waters and create new directions in search of success. But this must always be about ensuring that the emphasis is on the organisation and not on them.

I can’t help but think that Malley’s leadership style falls short of what US business consultant Jim Collins would describe as that of a “Level 5 Leader”. Collins describes Level 5 leaders as those who espouse a “blend of extreme personal humility with intense professional will”.

What separates these leaders from the pack is, according to Collins, their “personality attributes”. There are the attributes that typify these leaders. They are self-confident enough to set up a succession plan; are humble and modest; show unwavering resolve and diligence — more plough horse than show horse. Last but not least, they give credit to others and take full responsibility for poor results. They also attribute much of their success to good luck rather than personal greatness.

Collins believed that for great leaders, leadership is more about who they are, rather than what they know. Contrast this with the now very public allegations of millions of dollars of CPA Australia funds being used for the promotion of a TV show and a book that didn’t seem to be too related to an professional membership body focused on accounting standards.

Whatever the truth of the CPA ‘case study’, I think that we would all agree that good leadership is not about the self-promotion of the leaders. Especially when it’s the leader who is making the decisions about the promotion. Indeed, Jim Collins found that it is precisely those CEOs, who create big public profiles, that tend to run the most unsuccessful companies.

This brings us nicely to the Institute’s new Chartered Manager designation, which assesses leadership qualities through a robust competency framework that doesn’t try to define a ‘preferred’ leadership style. It instead acknowledges that every individual has their own way of doing things. But the framework does capture the core competencies that are vital to developing your own leadership style and supporting your management skills. This is the thinking that lies at the heart of the new designation, which is sets out three core stages of management:

• How to manage yourself effectively — this should be learnt early on in your career and constantly developed.
• How to manage others and establish trust — these capabilities should be developed before you take on management roles ,but are typically developed at junior and middle management levels.
• How to manage the business and think strategically — this should be continually learnt and is most needed at senior levels.

I’m currently undertaking the Chartered Manager assessment and I’m finding the reflection process on my leadership style and skills to be extremely rewarding. It has also revealed the gaps in my knowledge and practice. It’s both extremely rewarding and personally challenging, as it should be.

Leadership isn’t supposed to be easy. In fact, self-promotion is the easy part of leadership. The real tough stuff is the actual leading.

A Bank of Knowledge

What makes Shayne Elliott and his trusted team tick?
The ANZ boss tells all

Self-acknowledged introvert Shayne Elliott seems one of the least likely big-bank chiefs, but his career has followed a path that is familiar to his fellow bankers. The ANZ CEO is a bank ‘lifer’, joining Citibank New Zealand as a management trainee in 1985. Within seven years he was the head of derivative sales in London. And after spells in the US and Egypt, he found himself in Australia in 2001, as the chief executive of Citibank, Corporate Bank. In 2009, he joined ANZ, becoming CFO in 2012. And in early 2016, he was appointed to the top spot at ANZ, where he leads a team of about 50,000 employees. CEO of the Institute of Managers and Leaders, David Pich, interviewed Shayne Elliott at a recent Outstanding Leaders event.

David Pich: How would you describe your own leadership style?
Shayne Elliott: Well, I think I’m probably an introvert. I’m actually quite shy although, funnily enough, I’m actually reasonably comfortable speaking to 500 people. I’d probably rather do that than speak to two, because there’s more distance when you’re speaking to a room [of people]. When I was CFO my team made fun of me – it was suggested that I do performance appraisals in a 500-seat auditorium, [as] that was a much more engaging conversation than having a one-on-one [with me]. I think there is a shift away from that big, charismatic, loud leadership style to one that is probably – and again, I’m not saying that’s wrong – to a more grounded, humble leader. I think good leaders are able to shift. Sometimes you do need to be really directive about what you’re doing, depending on what the crisis might be at the time, or the team. But at other times you need to be more visionary. So I think, actually, good leaders are able to change their style for the moment and the objective. But in general, my preferred style is to be quite consultative. I lead more by example and by describing what we’re trying to achieve.

DP: Talk us through some of the different styles in your leadership team, and how you interact with them.
SE: Over the last 18 months I had the opportunity to build my team. There are 12 of us on my direct team, and of that, a third came from outside the organisation, including two of them this calendar year. We have a couple of people we’ve promoted from within, and only one of the team has the same job they had a year ago. So I’ve got people who’ve been around a long time and really know what they’re doing, who don’t need a lot of hand holding or direction, and it’s more about just being clear about expectations. Then I’ve got some people who have never worked in a bank before so they need a lot more coaching and time. I have people with big opinions, and they think differently and challenge us all the time, and my job there is to actually give them space to be creative and listen to what they say. And then there are others who are naturally reserved, who need time, who digest a lot and are really thoughtful and quiet, and take time to come to a conclusion. I need to give them time and space, and not rush them, or rush the overall team to a decision without allowing them the benefit of that time to digest.

DP: There is an elephant in the room we need to get to: the bank levy. [Announced in the federal budget in May, it applies to ANZ, Westpac, National Australia Bank, Commonwealth and Macquarie. The policy was introduced on 1 July and is expected to raise $1.6 billion in the first year.] I’ve read much of what you said about the federal bank levy, and you seemed relatively fair about how you approached that. Your comments were very measured. The South Australian bank levy, when it was announced, raised some hackles. You’ve just used the word “immoral”. Or was it “unethical”? Would you like to explain that, and why you shot off the fence?
SE: I think the federal bank levy is wrong. I don’t think it’s good policy. I think it’s unfair to pick on an industry because they’re successful and say, “because people don’t like you, because you make a lot of money, we’ll tax it”. I don’t think that’s right. But, on the other hand, it has the support of all sides of politics. The people are represented by the parliament, and the parliament, across all parties, have agreed and support this. And so, our approach was to use our efforts to really have private conversations with the treasury and the government, to just talk through the implementation. We thought that was more effective than just banging the table. Actually, in my opinion, banging the table and shouting loudly would just reinforce people’s views that the banks are out of touch. Bringing in the state levy is different. Not everybody agrees with it. What is happening there is a wealth transfer underway from the rest of Australia to South Australia. I don’t think that’s right. And so what we said was, 94 per cent of our shareholders and customers do not live in South Australia [yet] they are being asked to absorb this. Because when people say, “Oh, you should absorb it,” that means the shareholders and the customers pay. It’s not a huge number. It’s not the money. It’s the principle. So we have to stand up for those stakeholders. That’s why we felt strongly about it, and felt we had to say something.

DP: One of the roles of a leader is to explain things in relatively simple terms for those who might not necessarily understand it. What do you think a few attributes of successful leaders are?
SE: Being able to listen and take feedback. I don’t just mean personal feedback. Yes, that’s important, but also ‘listen’ to what’s happening in the environment around you. One of the areas where leaders fail is in locking into a strategy or a view. The worst thing you can do is fall in love with your own strategy, because you rationalise staying the course when maybe you should listen and maybe you should change. Another [attribute of successful leaders] is having people who are very good at being self-aware, who understand their own weaknesses and mitigate that by hiring the right people in the team.

DP: Who are the leaders you have admired over your career?
SE: I’m not one of those people who has a big hero. I look at companies that I admire, and they tend to be those companies that I see as being talent factories. The obvious candidates are Procter & Gamble, GE and Hewlett-Packard. You could go there and learn how to be a manager and leader, and then go on to other companies. That’s extraordinary. The number of CEOs who’ve come out of those companies, Procter & Gamble and GE in particular, is extraordinary. At ANZ we want to be known for a number of things, but one of them is as a talent factory, and a company that creates great leaders. I think it’s a huge opportunity for us, actually, because I don’t think enough companies do pay attention to it.

ANZ board chairman David Gonski

DP: Quite often I think that leaders, when they get into leadership positions, they forget or they overlook the importance of managing upwards. What’s your relationship like with the ANZ board and the chair David Gonski? How do you manage upwards?
SE: I think, unfortunately, that term ‘managing upwards’ has a really bad connotation. It sounds manipulative. And maybe there’s a better way of stating it. [As a leader] you actually have to manage all your stakeholders, and they’re [the board and chair] just an important one. The reason I stepped out earlier [during the interview] was because my chairman was on the phone. So I think answering their phone calls is a good start. You have to build a really strong working relationship. I’m really lucky with David [Gonski]. He is very open and transparent. He always answers his phone. We speak formally once a week. And there are weeks where we speak once a day and many times a day, like this week. So I think it’s just about having openness. I have really worked hard with my board. I’ve actually never had a board before [so] I asked some people for advice. The advice was that it’s better to over-communicate, keep people aware of what you’re doing and thinking. Make sure that, with the board in particular that you don’t get into a transactional relationship. [Make sure] there is time for reflection and discussion, and open dialogue.

“I’m really lucky with David Gonski. He is very open and transparent. I think it’s just about having openness. I have really worked hard with my board.”

DP:  You’ve talked about the importance of embracing social media. What do you see as the pitfalls of social media for leaders?
SE: Our business is digital. Money has actually been digital for a long time and all we’re doing today, when we talk about digital, is giving people the tools to be able to see , manage and move their money on their phones or in another digital way. So I think it’s important that our people are interested in technology. We’re not a technology company, we’re a bank. But a big chunk of what we do is about technology. You cannot be successful in banking today if you’re not interested in technology. I don’t think it’s acceptable to be a senior executive in a bank today and say, “I’m not on Twitter. I don’t use social media”. You’ve got to be there, because that’s the way that people live today, and that gives you all sorts of insights into people’s experience of life, and what they want. And more and more, our customers’ expectations of us are set by their experiences on social media. What are the pitfalls? Well, Donald Trump can probably tell you more about this than me, but the pitfalls are that it’s in real time. It’s really hard to retract. It’s fraught with danger.

DP:  How would you describe the culture at ANZ?
SE: It’s a learning culture, a culture that is interested in technology, and a culture that is, ultimately, diverse and welcoming and team-based. Banks historically have very compliant cultures. There’s a pretty good reason for that, because of what we do for a living. We’re good at following rules and, you know, that can sometimes get in the way of being a learning company and an innovative and technology-focused company. So that’s part of our challenge, getting the balance right.

Leaders can inspire or pollute teams…. what kind of leader are you?

By Phil Crenigan FIML, Managing Director, Executive Turning Point

The Background

As a Fellow of the Institute of Managers and Leaders I was delighted to accept an invitation to facilitate and lead their opening 2017 Leadership Outlook series on High Performing Teams and how to build them. This involved a significant commitment between February to April 2017 and took me to 17 locations: Sydney, Newcastle, Wollongong, Melbourne, Geelong, Bendigo, Canberra, Adelaide, Darwin, Hobart, Brisbane, Cairns, Toowoomba, Mackay, Rockhampton, Sunshine Coast and Townsville. In the process I was privileged to meet with 840 participants from every kind of business background imaginable. Big business and small business, private sector and public sector. I met with Leaders from mining, engineering, energy, private and public schools, professional services, including legal, dental, financial services and medical practices. Attendance was high from many local government teams, social services, tourism, not for profits and IT.  The one common denominator across this hugely diverse group, was their mutual interest in and need for, high performing teams.

The Context

Much of my work in the last eight years has been helping CEO’s, General Managers and Senior Executives build their own capability and self-awareness as Leaders and in turn to build extraordinary high performing capability around them. How to build high performance in teams is not taught at business school and rarely in our professional lives. (Indeed only a handful out of the 840 participants indicated that they had been through specific professional development to enable them to do this to a successful level.) Yet we all know what it feels like to be part of an extraordinary performing team and a highly dysfunctional group. As a Coach, I know that there are specific drivers and characteristics of high performing teams and this can be measured. I also know that where these drivers and characteristics are driven from the CEO downwards, engagement is high, people are inspired and performance and results in whatever endeavour the organisation is focussed on naturally follow. I provided these insights and tools at all of the sessions so participants could go away and do things immediately with their people.

At the beginning of my journey, I was curious as to what we would discover. Would there be regional differences or different levels of emphasis by type of business? Are there great examples out there waiting to be discovered? What if we were able to codify the drivers and coach this for leaders to be successful? What are the barriers that prevent this and why? Most importantly, I was keen to test out the impact on people when they are in a high performing group and when they are not and how that plays out in their lives in a holistic sense. Finally, what is the role of the leader in all of this as they clearly have a role to play in inspiring others, don’t they’? The only preparation that participants were asked to think about prior was to think about a high performing team that they had been member of in their lives, to note the drivers around why and to recall their general disposition on life at the time. In addition, participants were asked to reflect on a bad team experience they had been a part of, make notes of the drivers around why, and also to reflect on the impact on their lives. This was the basis of the breakout session that has since taken place throughout the 17 locations in Australia. Within 45 minutes, 840 participants openly shared their reflections to both experiences, some with complete strangers and I now want to share with you their insights and the answers to my questions that became crystal clear as the tour progressed.

The Discoveries

i. High Performing Teams
As a coaching and facilitation technique with groups of people, describing “felt leadership” is a powerful conduit to insights and revelations. Participants told us, their learnings were visceral. They recalled examples of high performing teams with such strong recollections.

What the consolidated word heat map of high performing teams below confirms from 870 random examples across 17 locations are:

  1. The drivers are entirely similar which means we can codify what we need to focus on. This was the content of my third and final tool which was distributed after this exercise. It was accepted as a valid driver for every high-performance example from each participant. What the participants demonstrated to themselves is they actually know what drives high performance, because they articulated it in how it felt. Just like we remember the best teachers from 30 years ago in a heartbeat, personal recall on the high performing team experience was immediate, free flowing and energised.
  2. Being part of a high performing team had a direct and positive impact on all aspects of their lives. When it is good, it is all good and we have summaries from every table in every location. Inspired people make better partners, fathers and mothers and all round better humans in all that we do.
  3. The Leader has a clear role to play but so does purpose and direction, role clarity, continual improvement, shared values that are lived and inclusive and open transparent communication.
  4. All of the above resulted in highly engaged people and a strong enabling culture.

Workplace values that can influence a high performing team - Institute of Manager and Leadersii. Dysfunctional Teams

In turning to the dark side, the revelations were at time astonishing in their honesty and the impact on the lives of everybody. Without exception, every participant had a bad experience that was often described, as “the worst chapter of my life”, resulting in loss of relationships, confidence and esteem or health. For health read absenteeism, dread and depression. I would like every leader of people and in particular any CEO reading this article, to carefully read through this picture and to focus on the key words that are at the heart of this word map. One that certainly struck me as I worked through the tour was fear.

  1. These are the words that describe what it feels like to be in a dysfunctional team
    from 840 participants in 17 locations. Once again, it was only through the mechanism of sharing stories and / or experiences through what it “felt” like, were we able to establish this level of disclosure.
  2. The drivers in these dysfunctional teams include, inappropriate / incompetent leadership, absence of any plan, little or no trust, organisational acceptance of inappropriate behaviours, toxic culture.
  3. A profound negative impact on everybody outside of work and the worlds that they seek to play a role in.

I encourage every reader of this article to reflect themselves from their own experience how they felt when part of an extraordinary team and to note down the drivers and to do the same on a poorly led team. My sense and prediction is that your words will be in each of the pictures. The key question is what kind of leader are you and would your people agree….do you inspire or do you pollute?

Workplace values that can hinder team performance - Institute of Manager and Leaders

I would be delighted to hear from leaders and teams if this resonated, particularly CEO’s who want to make a difference going forward. It is never too late and your organisation will be more effective for it.

IML would like your input to understand what would help you move towards a high performing team and to increase your leadership capability in this area. Take our survey today and tell us what else you would like to see to take your team to the next level: https://www.surveymonkey.com/r/high-performing-teams