Tips on becoming a stand-out leader

Sir John Storey Award winner, Gemma Wood MIML, is thriving as an emerging leader in the male-dominated sector of engineering and infrastructure. Leadership Matters asked her for her tips on becoming a stand-out young leader.

 

1. BROADEN YOUR MIND

Gemma_Wood
Gemma Wood MIML

I volunteered in Kenya and deliberately picked somewhere that’s basically as far away from home as I could get. It was a really good experience because I not only discovered more about the Kenyans’ culture but also learned so much more about my own culture. It opened my mind a lot.

 

2. RESPECT DIFFERENCES

It’s important to understand that factors like people’s upbringing and culture, background, language and spirituality contributes to how they think and operate. As leaders, it’s our responsibility to have some insight into that and consider what might make people comfortable and how best to work with them. For example, I must be aware of the wording I use and how I speak to someone. Acknowledging that some things are ‘different’, not weird. How we speak can have such an impact on a person.

 

3. LEAD WITH HEART

An unforgettable leadership moment for me was when my boss was faced with a situation that was not in the best interest of his people. My boss, as the leader, decided to put his people’s wellbeing first, no matter how much money it cost the business. And to me it is so incredibly important for leaders to back their team, having their best interests at heart. When people feel really appreciated and feel that they’re adding value, you’re going to get that discretionary effort out of them. They’re going to be really positive and invested in what they do.

 

4. RECOGNISE TRUE RESILIENCE

There’s a lot of talk about resilience. It’s such a buzzword. But I think, no matter how resilient a person is, it’s important to notice when high stress becomes the norm. That’s when you need to recognise enough is enough, and say ‘no’. Resilience is a great thing to work on and build up, but high stress should never ever become the norm because then you can’t bounce back. So, it’s an awareness of when to be resilient or when things have gone too far, and you have to say ‘no’ for your health or the health of your team.

This article originally appeared in the June 2019 print edition of Leadership Matters, IML ANZ’s quarterly magazine. For editorial suggestions and enquiries, please contact karyl.estrella@managersandleaders.com.au.

What leaders need to know about modern slavery laws

By Elizabeth Ticehurst

 

It is hard to reconcile slavery – mostly thought of as a barbaric ancient practice – with the modern Australian workplace. Our employment laws and regulations are amongst the strictest in the world and our minimum wage is easily one of the highest. However, the reality is that practices such as forced labour and debt servitude still exist, even in developed countries, and can likely be found in the operations or supply chains of most businesses. Reliance on imported goods from regions such as South East Asia means that Australian companies are significantly exposed.

Until now, these connections to slavery and exploitation were hidden behind complex global distribution networks. But new legislation will force Australian businesses to inquire into and report on modern slavery risks in their operations and supply chains.

 

WHO WILL BE AFFECTED?

Two modern slavery laws have now been passed in Australia – the Modern Slavery Act 2018 (Cth) and the Modern Slavery Act 2018 (NSW). While both laws have a similar aim and content, the NSW law covers organisations carrying on business in the state with an annual revenue of A$50 million or more. The Federal Act has a higher annual revenue threshold of A$100 million but applies nationwide. Larger companies will not have to report under both schemes, as companies who report under the federal scheme will be exempt from making reports under the NSW scheme.

It is also worth noting that New Zealand organisations with revenues in Australia of more than A$100 million will be also subject to the federal requirements too.

 

WHAT ARE COMPANIES REQUIRED TO DO?

Under both laws, a company must produce an annual report on modern slavery in their operations and supply chains. The reports must be approved by the board of directors and will be made public by the respective governments. Broadly, the reports must cover six main criteria:

 

  • The entity’s structure, operations and supply chain
  • Risks of modern slavery practices in the entity’s supply chain (including any entities owned or controlled by the reporting entity)
  • Actions taken to assess and address modern slavery risks, including due diligence and remediation processes
  • How the entity assesses the effectiveness of its actions
  • The process of consultation with entities owned and/or controlled by the entity
  • Any other relevant information.

 

IS REPORTING THE ONLY OBLIGATION?

The short answer is yes. At present, neither law requires any entity to take concrete steps to prevent or eliminate modern slavery in its supply chain. However, because the reports will be made public, it seems pertinent to ask what you want your report to look like.

Organisations that value their public image will want to produce a report that paints the company in a positive light and highlights the efforts they have made to ensure ethical practices in their operations and supply chains. The federal reporting system in particular will enable a direct comparison between entities in the same industries. It is intended that this will create public pressure on organisations to improve their practices. However, care needs to be taken to ensure that reports are accurate – misleading information in reports can be subject to significant penalties.

 

WHICH INDUSTRIES ARE LIKELY TO BE IMPACTED?

Fashion and apparel is an industry where modern slavery risks are apparent. Oxfam Australia’s #whatshemakes campaign is placing significant pressure on apparel retailers to ensure higher wages for garment workers in developing countries. However, modern slavery risks have also been identified in financial services, property, food and beverage, agriculture, mining and healthcare. When looking at supply chains, factors include where products are produced in high risk geographies (countries experiencing conflict or high corruption levels); or where there are vulnerable populations (migrants or unskilled workers). Reporting entities will need to examine these ‘hot spots’ and consider what controls and due diligence measures they have in place at the procurement stage.

Even within Australia, increased scrutiny is required. Building services, cleaning, travel, security and maintenance services have all been identified as sectors with a high risk of worker exploitation. Surveys conducted by the Fair Work Ombudsman have identified persistent underpayment of wages and other legal and ethical issues in these sectors. Organisations affected by these new laws will need to report on the actions they have taken to address modern slavery from 1 January 2019 onwards. Whilst some organisations will take a ‘tick the box’ attitude, a more constructive view is to see this as an extension of the company’s corporate social responsibility, and an opportunity to provide investors, employees and customers with insight into how the company is managing its modern slavery risks.

 

Elizabeth Ticehurst is Special Counsel – Employment at KPMG.

 

This article originally appeared in the September 2019 print edition of Leadership Matters, IML ANZ’s quarterly magazine. For editorial suggestions and enquiries, please contact karyl.estrella@managersandleaders.com.au.

How to manage the ultimate remote workforce

When working life gets particularly stressful, many managers and leaders utter the old adage, ‘We’re not saving lives’. And, for most CEOs, that’s absolutely true.

But what if the organisation you lead actually does – literally – save lives? And then, what if your organisation also happens to be one of the most quintessential Australian brands in existence – right up there with Vegemite and the Sydney Opera House?

Oh, and just to keep it interesting: Let’s say that you and many of your staff spend large parts of your working lives flying long distances at breakneck speeds in tiny aircraft.

Now that is pressure on a whole new level.

Meredith Staib MIML agrees that being CEO of the Royal Flying Doctor Service (Queensland) is not a job for the faint-hearted. But she’s loving her role heading up one of the largest and most comprehensive aeromedical organisations in the world.

BUILT FOR THE TASK

Before joining RFDS, Staib was already one of Australia’s leading emergency assistance executives. She had provided leadership to global organisations such as the Cover-More Group (part of Zurich) and Allianz Global Assistance. Her experience also spanned clinical and corporate management roles in the health, medical assistance and travel insurance sectors.

As if all that weren’t enough, Staib has also held international board positions including being an executive committee member of the International Assistance Group (IAG) in Paris, France. In that role she shared global accountability for the IAG’s continued success and led the board in developing and defining IAG’s strategy.

That career trajectory suggests that Staib must be a strong and implacable leader. But is there anything that does scare her? And how does she manage a remote workforce scattered across more than one million square kilometres of land? IML ANZ chief executive David Pich CMgr FIML caught up with Staib to find out.

DAVID PICH: When someone thinks of the RFDS, it’s obviously the planes that spring to mind. But there’s a lot more to it than that isn’t there?

MEREDITH STAIB: That’s right. It’s not solely an aeromedical organisation. It does so much more. We provide free dental care. We’ve got a big mental health program. In fact, that’s probably one of our most rapidly growing programs. We do about 25,000 primary health consultations annually. We employ about 380 people including pilots, nurses, doctors, allied health professionals, mental health clinicians, dentists etc. We’ve got nine bases across Queensland, with 19 aircraft. In fact, if you combine all the aircraft across all the RFDS sections, we’re Australia’s third-largest airline after Qantas and Virgin.

MASTERING COMMUNICATION

DP: As a leader, how do you manage staff when they’re spread across a vast State like Queensland?

MS: Obviously, our people in Brisbane get to see the senior leadership team a lot of the time in the corporate office. But the experience is different for those based remotely. As a leader, the key to that is communication and making yourself available. You have to be clear on your strategy and make sure everyone knows the vision and mission of the organisation, and where we’re going. It’s important that the senior leaders in the business share that.

DP: What about face-to-face communication?

MS: Technology has made communication a lot easier, of course, with video conferencing, Skype, social media and so on. But as a leader, you really need to walk the floor. I’m a big advocate of that because you can’t sit in an office and expect all the information to come to you. So you need to be out among the people. Within 90 days of starting at RFDS, I made it a priority to get out and around to our bases. I’ve lived in Queensland for a long time but, when I made those trips, it really brought home to me what a vast state this is.

SOLIDIFYING STRATEGY

DP: The RFDS has existed for 90 years and some people might think, ‘Well, the CEO just has to keep the organisation strategy on the same track as before’. Is that the case?

MS: When I joined, the organisation had just formalised a five-year strategy and we’ve just started on that journey. But my experience of strategy is that you can’t ‘set and forget’. You should be reviewing your strategy every six months because things change. It could be technology, it could be people, it could be regulations. You need to be ahead of the game strategically. I think it’s also important to check in with people regularly, to align their work to the wider strategy. Then every year, our board has an offsite strategic board meeting in one of our bases to review the strategy. Are we still on track? Is it still right for the business? After my first 90 days in the role, I had the opportunity to present to the board. I validated that we have the right strategy and, as CEO, I was turning my mind to execution.

DP: And as a leader, a big part of strategy execution comes down to people, right?

MS: Yes, absolutely. People are one of the main pillars of our strategic delivery. I think they are the RFDS brand – that’s how important they are. I’ve been really struck how people are willing to represent the brand, and go the extra mile to make a difference.

People are also central to my thinking when I focus on future-proofing the organisation. We rely upon four skillsets that are in very short supply in Australia and overseas: pilots, nurses, mental health clinicians and doctors. So we can’t rest on our laurels there. We need to make sure we’re an employer of choice and we attract and retain talent. We need to support colleagues if they need to go and live somewhere remote, away from their family. Or if they need to work shifts, because we operate 24/7. Or if they need to work out of hours to support fundraising and community events.

DEVELOPING LEADERSHIP SKILLS

DP: Your workforce is clearly very passionate about what they do. They literally change the course of people’s lives for the better. However, that can sometimes come with a flipside can’t it? Passionate people can be amazing with their technical specialism, but not always strong at managing and leading those around them.

MS: I started out as a nurse myself and have worked with clinical professionals for most of my career. You shouldn’t assume that because someone is technically a great clinician, they’ll naturally be a great manager. Leading others is a skill people have to learn. I’ve been fortunate to develop the skills to manage people and drive organisations forward – but that has required training, qualifications, and experience. I think it’s our responsibility as leaders to provide those kinds of development opportunities for technical specialists who want to grow. We need to help them build upon the technical foundation they already have.

DP: Does mentoring have a role here too, do you think?

MS: Yes, I’m a big supporter of mentoring. It’s invaluable if you can have a person outside your organisation offering advice and guidance. That external perspective is so useful. I’ve been both a mentee and a mentor during my career and all those experiences have helped me professionally. When I look back over my own career, I’ve sought to learn something from all the leaders who I have worked with. I think that’s how you develop your own leadership style.

MANAGING RISK AND STRESS

DP: Flying planes in the air and dealing with medical emergencies, your organisation is exposed to a fair amount of risk. As a leader, how do you manage that?

MS: It’s when leaders underestimate risk that you run into challenges. So I take a rigorous approach to managing it. From my previous career experience, I understand health risk. And RFDS has got really strong clinical governance.

I’ve now learned a lot in a short space of time about the aviation side of the organisation too. As part of my leadership role, I hold the Air Operator’s Certificate from Australia’s Civil Aviation Safety Authority. So ultimately, should something go wrong, then that will rest with me as the manager holding the licence. That’s a lot of responsibility but I’m comfortable with it as I have an expert team in the aviation space.

So, I know I’ve got the right people in the right place. We have defined structures around reporting. These people have direct access to me, and I meet with them regularly. I think the main thing I need to do as the responsible manager is make sure they feel that we have an open and collaborative relationship. If they need me to raise any risk issues with the board, then that’s what I’m here for.

DP: Collectively, your organisation deals with life or death situations all the time. On a personal level, how do you manage stress?

MS: Like many people in the health sector, I’m passionate about what I do and consequently it can be challenging managing work-life balance. But my home life is a welcome distraction from work. I like to run and do gardening. I have two great kids and they help me switch off from work. The normal things like, ‘Mum, where’s my school hat?’ and ‘I need help with my homework’. That all helps.

But I don’t think anyone takes a senior leadership role and expects it to be a nine-to-five job. And modern technology means that everyone in today’s workforce is virtually connected 24/7. You can either see that as a challenge or an opportunity. I think it’s quite liberating to be able to work from anywhere in the world.

The full version of this article originally appeared in the September 2019 print edition of Leadership Matters, IML ANZ’s quarterly magazine. For editorial suggestions and enquiries, please contact karyl.estrella@managersandleaders.com.au.

The business of mindfulness in modern workplaces

By Anthony O’Brien

 

It’s not the start of an Irish joke, but what do search engine Google, retailer Target and bank JP Morgan, share in common? Apart from making plenty of moolah, these corporate heavyweights have introduced a commitment to mindfulness practices into their workplaces in recent years.

While often associated with adherents to the Buddha rather than mammon, mindfulness training courses are becoming common in New Zealand and Australian workplaces as firms seek ways to reduce stress and absenteeism, increase productivity, develop better leaders, and generate more creative workplaces.

The Australian Psychological Society’s website says work-related stress results when the demands of work exceed resources for managing those demands. Another report from the Victorian Government says workers experience stress over organisation culture, bad management practices, job demands, the physical work environment, relationships at work, change management, lack of support, role conflict and trauma.

 

MINDFUL LEADERSHIP

As a leadership tactic, mindfulness helps people to be more effective by directing focus to the most pertinent task at hand, according to Harvard Business Review. Deprogramming multi-tasking tendencies and intentionally focusing with full attention results in higher quality interactions and decisions, says HBR.

Pippa Hanson CMgr FIML, Chief Executive Officer from The Sports Injury Clinic, regularly speaks on the topics of stress management, work-life balance and thriving under pressure. The IML ANZ Member believes the age of the mobile phone and the internet has increased the need for mindfulness. “People are on their emails, not just when they’re sitting in front of a computer but they’re getting access on their phones. They’re carrying those phones around with them, they’re contactable 24/7 if they’re not putting boundaries in place.”

Creating boundaries is being mindful of what limits you’re setting for yourself as a manager and leader, “not only to complete your day-to-day activities, but so you know what your day looks like and what time it starts and finishes,” Hanson advises. “If you allow your day to be interrupted by responding to every email, you’re not mindful of what your day looks like, and that causes pressure, stress, poor mental health, and a lack of productivity. So, a lack of mindfulness has a negative impact on people’s work day.” Hanson also advises managers and leaders to be aware of how many times per day they check emails, while strategies such as turning off app notifications, can improve mindfulness.

 

DEFINING MINDFULNESS

Hanson says mindfulness can be confusing for the uninitiated. “I find some people only associate it with meditation or colouring in. They don’t believe that they’re mindful when they do other activities like crafts,” she says. “Mindfulness is about being present and aware of your current situation, rather than being on a mouse wheel and just going through the motions every day.”

For Hanson, who manages a busy allied health business employing 60 staff including health practitioners and administrators, mindfulness includes taking a midday break to assess the first half of the day before the afternoon shift begins. “I walk, at the end of the day because after a busy schedule of meetings, phone calls and face-to-face contact, just walking and listening to a podcast, radio or music, allows me to switch off from work, before I step back into family time.”

Hanson adds that mindfulness doesn’t just speak to physical fitness, but mental fitness and the ability to cope with pressure, stress, and the unexpected.

 

Mindful leader, Catherine Stock-Haanstra FIML

 

FINDING THE SWEET SPOT

A 90-day mindfulness plan has been around since Warren Buffett was a boy. But it’s only now becoming more widely accepted in business, says Hanson. “Mindfulness has crossed over into leadership in the workplace for health and wellness as well as business strategy and time management.” While practising mindfulness is part of Hanson’s daily routine, it is also a major component of her firm’s broader strategy. “Our leadership team takes a day every quarter to switch off from everything. This day is about focusing on our achievements and where we’re going, but really without interruption and without taking the phone calls and without reacting to the emails. This enables us to be present, slow down and focus without the extra pressure.”

Hanson says individuals will have a unique mindfulness sweet spot. “Mindfulness is different for everyone, and everyone does respond differently, and it’s about identifying that for yourself. There are simple breathing strategies that you can do at lunchtime to slow your heart rate down, and to take those deep breaths, which when you’re rushing and busy you don’t often do. Others might walk around the block, or someone might say, ‘No, I’m going to put my headphones on and listen to music for 10 minutes’.”

Laps of a pool give swimmers plenty of time to cogitate and practise mindfulness, while Hanson says some people gain satisfaction from running or riding. “When you’re focusing solely on something different, your present activity, you are switching off from work, or your family life because you can’t think of both of those things at the same time.”

If managers and leaders can understand mindfulness, they are better placed to educate their teams. “Maybe the phones haven’t stopped and the team won’t take a lunch break or a tea break. However, if managers and leaders can teach their employees about walking away and getting some fresh air and then coming back, it just makes for better relations in workplaces, better relations with clients and better outcomes for everyone.”

The full version of this article originally appeared in the September 2019 print edition of Leadership Matters, IML ANZ’s quarterly magazine. For editorial suggestions and enquiries, please contact karyl.estrella@managersandleaders.com.au.

How to retain talent through learning and development

By Chris Burton

 

Increasingly, successful organisations understand that providing impactful development programs not only deliver performance benefits, it also provides a wonderful way to engage and retain staff who value learning and professional growth. But what does that look like in practise?

 

USE FEEDBACK TO INFORM DECISIONS

Many organisations use psychometric feedback tools as part of their professional or team development initiatives, for example, you might have a teamwork session that provides feedback about your team preferences or style. However, good feedback tools should be versatile enough that they can be re-framed to look at your work performance through multiple lenses and in multiple contexts. A learner might have good insights about how they work within teams, but what does the feedback tell them about their own individual work? Alternatively, the feedback might be great at helping an individual leader understand how to better collaborate with the different works styles of their teammates, but can it provide the entire team with reliable metrics to analyse their work processes?

 

To address how feedback informs our performance conversations, we can use a psychometric like the Team Management Profile (TMP) which was developed in Australia and used by more than two million people around the world. We know from the TMP worldwide database* that 51% of managers prefer to work in a systematic way on activities focused on immediate, tangible results. While that is not particularly negative, a problem arises when we compare the numbers of people who like to innovate and come up with new ideas (8%), or who like to focus on activities that ensure the sustainability of our work processes and organisational culture (2%). When we can understand the operational consequences of this disproportionate distribution of our work preferences, we can then make better decisions about our performance improvement strategies.

 

GENERATE ECONOMIES OF SCALE AND SCOPE

By extending the way that staff apply their learning to improve performance, we not only generate an economy of scale for the business, we also realise an economy of scope. The economy of scale occurs when we generate efficiencies by working with multiple people and supporting collaborative learning. The economy of scope occurs when we see that we reuse our learning resources to apply knowledge to other activities and contexts, providing us with the adaptability we need to compete in the 2020s.

 

Organisations keep their staff engaged with L&D initiatives by providing the workforce with new ways to apply and evolve their current knowledge in order to enhance how they work. And when the employees are increasingly capable of transferring their ideas into performance improvements, they achieve results more efficiently and contribute more to their teams. This, in turn, creates a multiplier effect, because when staff are generating good results in a continually improving, inclusive and results-focused environment, they are more inclined to be engaged and remain with the company.

 

FOSTER A LEARNING ATTITUDE

How do you promote your professional development initiatives internally? Do you shine a light on the opportunities your staff have to improve their performance? Do you help foster an attitude of learning transfer and continuous improvement? By making the effort to evaluate the performance impact that your training has on your team, you can highlight the benefits to your staff and stakeholders. And this, in turn, will engage, stretch and retain staff.

 

EQUIP YOURSELF WITH THE RIGHT TOOLS

Retention of key talent is always a hot topic for Australian managers. The Institute of Managers and Leaders Australia and New Zealand has a suite of diagnostic and development tools engineered to improve the ability of your organisation to retain talent and develop performance through improving self-awareness. If you would like to know more about the range of People Analytics tools available, please call 1300 362 631, email corporate@managersandleaders.com.au or visit managersandleaders.com.au/people-analytics

* Team Management Systems Research Manual (5th Edition), 2019. ITMS: Brisbane

Chris Burton is the Learning & Development Director, Asia-Pacific at Team Management Systems (TMS). He previously worked with Margerison and McCann for more than 20 years, is now an Executive Director and leads TMS’ Learning & Development Asia-Pac team as a programme facilitator and subject matter expert. An accomplished speaker and facilitator, Chris’s work spans from delivering keynotes at international conferences, to coaching boards and senior executives as well as delivering engaging, impactful workshops.

Six ways leaders can inspire 21st century employees

By Sam Bell FIML

 

Many leaders struggle to inspire others. Yet, according to a survey conducted by Bain Research, employees are more than twice as productive if they are ‘satisfied’ employees. This suggests leaders who can inspire might provide a powerful competitive edge for their organisations.

In a similar vein, Harvard Business School gathered data from the assessments of more than 50,000 leaders, and the ability to inspire stood out as one of the most important competencies. It was the single trait that created the highest levels of staff engagement, and it separated the best leaders from everyone else. Crucially, it was what most employees wanted to see in their leaders.

Underscoring the importance of inspirational leadership inside workplaces, Gallup identified in their State of the Global Workplace report that 51% of employees are unengaged in their work and 17% are actively disengaged. This means that, on average, only 32% of employees are actively engaged in the workplace. Ultimately, organisations cannot survive or perform well with statistics like these.

 

TWO TYPES OF INSPIRATIONAL LEADER

I believe inspirational leaders can be placed in two distinct categories. Firstly, there are leaders who inspire a diverse population of people whom they have never physically met. These are usually leaders in their field – sport, politics, military and business – whom people admire because of their vision, their struggle, their achievements or their failures. Perhaps the most highly acclaimed inspirational figure of recent times who falls into this category is Nelson Mandela. People admire his lifetime of struggle and leadership for his nation on becoming President. Whilst most of us never met the man, we felt inspired by his journey.

In the second category are the people you know and see every day who give you the inspiration to do better in your daily life. This category of inspiration is by far the most important in my opinion. These people might be your family, friends, colleagues and yes, your workplace managers and leaders. It’s these ‘everyday people’ who give you a vision to be better, to improve, and who provide a purpose in life. These leaders understand the shadow they cast over others and ensure that, within their shadow, people know where they are going and the role they are playing to get there.

Today’s workplace leaders in this second category often lack the playbook to inspire today’s workforce, which is increasingly made up of employees who expect more meaning and value from their workplace. Where today’s leaders have typically cut their teeth in the workplace of the 20th century, today’s employees are increasingly products of the 21st century! The critical question when solving this leadership dilemma is: how do today’s ‘everyday leaders’ inspire the people they lead?

 

SIX WAYS LEADERS CAN INSPIRE OTHERS

  1. Be passionate about the vision and mission. Sharing a vision and mission in a way that enables others to feel passionate is a useful starting point when inspiring staff. The vision and the mission provide essential anchors for empowering others to feel that their work has a purpose and meaning beyond everyday tasks. When a leader communicates the big picture regularly it can assist in reinforcing why the organisation exists.
  2. Listen to your employees. People need to see their ideas being incorporated into the team and into the organisation and/or they need to understand the reasons they weren’t adopted. The ability to inspire others is not only about doing; it’s about listening and explaining.
  3. Make people feel included. Feeling inspired is about feeling connected to the actions and processes that lead to the achievement of the organisation’s goals or to the decisions made. When a leader includes people in the decision-making process they feel a sense of ownership of that decision.
  4. Demonstrate integrity. While vision and passion are important, employees must also trust a leader. Trust stems from seeing that a leader’s behaviour is aligned to what they say. They speak and live by their values and behave ethically. Leaders set the pace through expectations and example.
  5. Establish an environment of continuous improvement. This includes providing opportunities for employees to grow and develop, both personally and professionally, and can be achieved by setting goals and targets, allowing for secondments to other parts of the business, establishing special projects or encouraging further study.
  6. Recognise achievement. While financial reward is undoubtedly a significant motivator, recognition plays a vital role in making employees feel important and appreciated. Indeed, research has shown that a key source of inspiration for employees is speaking directly to them about the value of their work to the organisation.

 

It’s vital for workplace leaders to remember the influence they have over others. Take action to become an inspirational leader. Someone is always watching.

Leading Well book
This is an edited extract from IML ANZ’s latest book, Leading Well: 7 attributes of very successful leaders (Major Street Publishing, A$34.95).

The book highlights seven attributes that ignite inspiring leadership. It focuses squarely on the personal attributes that can transform managers into leaders and good leaders into great leaders.

Order your copy here.

 

This article originally appeared in the September 2019 print edition of Leadership Matters, IML ANZ’s quarterly magazine. For editorial suggestions and enquiries, please contact karyl.estrella@managersandleaders.com.au.

Career Doctor: How do you know if you are behaving ethically?

By Peter Cullen FIML

 

Whilst facilitating, I often see a lot of blank faces when I ask the question ‘How do you know if you are behaving ethically in your workplace?’

These blank faces reflect the fact that ethical behaviour is not promoted or alive in many workplaces. This can expose organisations to all kinds of problems, leading to legal ramifications or worse. The intentional disregard for ethics by some led to the recent Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry whose findings rocked the sector and shocked people from all walks of life across Australia.

 

LEARNING ETHICS

Ethics is a very broad subject. In Australia alone, there are more than 20 bachelor’s degrees offered in the subject. One of the many topics covered in a degree is business ethics. This represents the practices that any individual or group exhibits within an organisation that can positively or negatively affect the business’s core values. It applies to all aspects of business conduct and is relevant to the conduct of individuals and entire organisations.

There is also the question of morals when discussing ethics. Morals refer to an individual’s personal principles regarding what is right and what is wrong. It is very easy for a person’s personal principles to guide their behaviour rather than adhering to business ethics. There can also be personal conflict between the two, making some situations even more difficult for individuals.

 

HUGE POTENTIAL CONSEQUENCES

Unethical behaviour by leaders can lead to catastrophic outcomes for an organisation. Widespread and continuous unethical behaviour by staff can cause untold damage to culture and reputation.

The downfall of Enron in 2001 is a classic example. It led to the imprisonment of several of its senior leadership group and destroyed one of the world’s largest audit firms Arthur Andersen. Charges laid on the senior leaders included manipulating accounting rules, money laundering, bank fraud, insider trading and conspiracy.

 

ETHICAL GUIDELINES

A quick question: Do you know your organisation’s core values, code of conduct, policies, procedures, processes and systems and do you live them in your workplace?

If you do, congratulations. If you don’t or are unsure, you have some work to do because those values probably define the ethical expectations in your workplace. In addition to the values, there is also legislation such as the Fair Work Act, Work Health and Safety Act and others. A great place to start if you are unsure about any of these is to speak to your human resources team.

There are many benefits when all employees from top to bottom are behaving ethically. They include trust, honesty, integrity, transparency, consistency, fairness, improved decision making, productivity and many more. Ethical behaviour creates an environment where people feel safe to speak up and challenge unethical behaviour knowing they are supported by the organisation.

Every person in every organisation – whether large or small – is responsible for behaving ethically in the workplace. Leaders are role models and must lead the way with ethical behaviour. People will observe their leaders’ behaviours and whatever they do becomes permissible for others.

Become a role model for others by embracing and living ethics in the workplace.

 

Peter Cullen is an education and training facilitator. He conducts three-day programs that engage participants in developing and implementing their capabilities as managers and leaders.

 

This article originally appeared in the September 2019 print edition of Leadership Matters, IML ANZ’s quarterly magazine. For editorial suggestions and enquiries, please contact karyl.estrella@managersandleaders.com.au.

Must Read: Leading Well: 7 attributes of very successful leaders

Derek Parker offers an in-depth look into the latest book that examines seven attributes of inspiring leaders.

 

This is the follow-up and companion to the 2017 IML ANZ publication Leadership Matters: 7 Skills of Very Successful Leaders. That volume was concerned mainly with the technical abilities required in senior roles – what David Pich CMgr FIML, Chief Executive of IML ANZ, describes as “the perspiration of leadership” in the introduction to the new book. Leading Well focuses on the inspirational side of being a leader: the personal, emotional, and psychological aspects. The seven attributes – respect, integrity, emotional intelligence, ability to inspire, authenticity, self-awareness, and decisiveness – were chosen through consultations with IML ANZ Members.

Respect was rated as essential in a survey, a point underlined in the chapter by Pich and Jamie Getgood. The key to respect is a willingness to listen to others, talk through their concerns, and empathise with their viewpoint. This is not easy in an era of diversity but the authors take the view that Australians are a tolerant bunch when it comes to cultural differences. They look at IML ANZ’s public statement on same-sex marriage as an example, noting that it was the result of discussions with Members. Respect, they say, is not about agreeing with everyone but about understanding and consideration. An expression of genuine gratitude is also a component of respect, and something that can go a long way in building strong relationships.

It is something of a balancing act but that is true regarding many of the skills examined in the book. Michelle Gibbings’s discussion of integrity acknowledges the difficulty of acting consistently and ethically in the face of competing stakeholder demands. She sees an ongoing tension between personal courage and consciousness of the business environment but she comes down on the side of having the courage to do the right thing. Integrity, once lost, is almost impossible to rebuild.

Allison Keogh’s contribution on authenticity picks up this theme. Authenticity is about aligning thoughts, words and actions, all stemming from a core of values. Say what you mean, mean what you say: it’s the same message whether applied to individuals or organisations. If you want an example of what not to do, she says, look at some of the practices in the financial services industry uncovered by the recent inquiry into banking.

Self-awareness is the first step to becoming a great leader, according to Margot Smith FIML. It means acknowledging your weaknesses and blind spots, but it also requires taking action to improve. She suggests some training methods although honest discussions with peers and mentors can also do much. It means admitting vulnerability but it is often the only way to move forward.

Many of the themes of the book come together in the final piece, an examination of decisiveness by Bill Kernoczy and Luke Challenor. Having to make the final call on a difficult issue is often seen as the central test of leadership. And, indeed, any issue that gets to the senior levels of an organisation is going to be difficult: the easy ones are decided elsewhere. Once upon a time a CEO would tick one or another box and walk away but Kernoczy and Challenor argue that the complexity of modern business means that the gut-feeling method no longer makes sense. Instead, they lay out a process of definition, analysis, evaluation, and consultation. They look at a number of models for making decisions, establishing the common thread as a need to follow through on implementation, review and feedback.

This is consistently useful stuff. In fact, all of the chapters in the book make a point of moving from theory to practice, with step-by-step guides and tools for self-diagnosis. Another important section is a series of interviews, conducted by IML ANZ chair Ann Messenger, with outstanding leaders. Each discussion has its worth but the views of Georgie Harman, the chief executive of the beyondblue organisation, are particularly interesting, especially in the areas of authenticity and humility.

Each of the chapters of the book has important things to say but it is taking the package as a whole that provides the most insight and direction. Whether you are already in a senior position or aspire to be there, you will find a great deal of value here.

 

Leading Well book
Get your copy of IML ANZ’s latest book, Leading Well: 7 attributes of very successful leaders (Major Street Publishing, A$34.95).

The book highlights seven attributes that ignite inspiring leadership. It focuses squarely on the personal attributes that can transform managers into leaders and good leaders into great leaders.

Order your copy here.

 

This article originally appeared in the September 2019 print edition of Leadership Matters, IML ANZ’s quarterly magazine. For editorial suggestions and enquiries, please contact karyl.estrella@managersandleaders.com.au.

Why foresight is the essential leadership skill for the future

There’s a myth that experienced business leaders are dinosaurs from a bygone era – typically old white males who only knew one way to lead, and that way doesn’t work anymore. So “of course” it’s inevitable they will get disrupted by younger, more diverse, more tech-savvy, “new” thinkers. But it’s not true. There are many experienced leaders and managers with the right mindset, who are more than willing to adapt in a fast-changing world.

But there’s a trap. The strategies and tactics that worked in the past don’t work anymore, and they won’t work in the future. It’s not that these leaders don’t know a lot (they do); it’s just that some of those things aren’t true anymore. They used to be true, so it’s natural to believe they are still true, and difficult to give up those beliefs.

If you used to believe in Santa Claus, it’s easy to dismiss that now because you were “just a child” and didn’t know any better. The danger comes when you stubbornly cling to other beliefs that also aren’t true anymore.

That’s why you need the skill of foresight: the ability to look into the future and understand what you need to succeed there. You can then decide objectively what you need to do, regardless of what worked (or didn’t work) in the past.

Some leaders and managers “get it”, but unfortunately, they are in the minority. When Accenture surveyed Australian CEOs about disruption, almost 90% of them expected unprecedented technology change in the near future. But the vast majority (more than 80%) thought the biggest disruption would come either from existing businesses or from inside their industry. They were trying to drive by constantly looking in the rear-view mirror.

Less than one in five admitted that disruption could come from start-up businesses outside their industry. And yet, that’s exactly what we think of when we hear the word “disruption”. The taxi industry wasn’t disrupted by a taxi operator, retail shopping wasn’t disrupted by a retail chain, and the hotel industry wasn’t disrupted by a large hotel chain. They were disrupted by Uber, Amazon, and Airbnb, respectively – all outsiders who were late to the party.

Even incumbents who had the tools of disruption already – like Kodak, who invented the digital camera – didn’t recognise their value until it was too late.

In fact, Kodak is the perfect example of a lack of foresight. Kodak went from the fifth-most valuable brand in the world in 1996 to filing for bankruptcy in 2012. There are many myths about Kodak’s failure: It had too much invested in film, it had grown so big it had stopped innovating, the organisational structure couldn’t cope with a digital world, and even a dramatic story that senior management told the employee who invented the first digital camera to hide it because it would destroy Kodak’s market.

But the reality is simpler (and less dramatic). The first digital camera was as big as a toaster, took 20 seconds to take a picture, and the resolution was much lower than a print. Kodak’s management assessed it, but dismissed it because they thought it would never be good enough to compete with film cameras. They didn’t have the foresight to understand exponential growth, which meant digital camera technology improved much faster than they expected. By the time they realised it, digital platforms like Flickr, Facebook, and Instagram had already made Kodak obsolete.


The world has changed – but have you?

You won’t develop foresight overnight, but you can start by asking these three provocative questions:

  1. What assets do we have that a start-up company would be happy not to have?
  2. What “impossible” technology would make our business obsolete?
  3. If somebody bought this business today, what is the first change they would make?

 

These questions are designed to challenge your beliefs, because some of those beliefs are rooted in the past and might not be useful anymore. As Josh Billings said:

“It ain’t what you don’t know that gets you into trouble. It’s what you know for sure that just ain’t so.”

 

Gihan Perera is a business futurist, speaker, and author who works with business leaders to help them lead and succeed in an uncertain but exciting future. He is the author of ‘Disruption By Design: Leading the change in a fast-changing world’. For more about how Gihan can work with your leaders and teams, visit GihanPerera.com.