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.

How to leverage skills from all ages to create an optimum workforce

By Michelle Gibbings CMgr FIML

 

As organisations grapple with more complex decisions and an ever-increasing pace of change building a workforce equipped with the skills and experience to thrive in this environment is critical.

Finding this depth and breadth of talent requires leaders to build a diverse workforce, which covers full spectrum diversity including, for example, age, ethnicity, gender, thinking styles, disabilities and sexual orientation.

This means leaders need to challenge their decision making patterns.

 

Seek out difference

It’s natural to want to work with people you like and find easy to work with, and consequently when you are building a team or forming workgroups you often seek out such people.

This is either done consciously or subconsciously.  In the case of recruitment, for example, search criteria often specifically reference the desire to find a candidate who is a good cultural fit.

Cultural fit can mean different things to different people.  Typically, if you ask people how they define cultural fit they will give comments such as, someone who:

  • Lives the organisation’s values
  • Is able to work well in the team
  • Will fit in with the rest of the group
  • Understands the organisation’s objectives and buys into its vision

 

However, when you strip away the layers and get to the base level drivers, what the person is looking for is someone who they feel comfortable with.  That is, someone who they connect with because they can see aspects of themselves in that person.

 

Avoid likeability bias

It’s often suggested that one of the key success criteria for a job interview is to ensure that the interviewee comes across as likeable.  The premise being that the hiring manager has already positively assessed the applicant’s CV for the required technical skills because they are being interviewed.  Now, all the hiring manager is seeking to test is whether they want to work with the person or not.

This likeability isn’t just about being friendly and a nice person. It’s about whether the hiring manager finds similarities with the person they are interviewing. Research shows we like people who are similar to us in terms of interests, backgrounds and experiences, and this has consequential impacts for hiring decisions.

Kellogg University found that getting hired for a job was not so much about the “soft or hard dimensions of the role”, but rather how similar the person being interviewed was to the person conducting the interview.

It is very easy for leaders to want to hire people who are like them.  Similarity makes a person feel comfortable.  However, when you hire people like yourself, you are filling the team or workgroup with people who have similar backgrounds, experiences and thought processes.

 

Diversity improves decision making

Homogeneity can negatively impact how decisions are made. The more alike people are, the more likely they are to think along the same lines and therefore there is less room for debate, discernment and disagreement.

Separate research from Kellogg University found that diverse teams make better decisions.  That diversity is not just about gender or ethnicity, it includes age, experience and backgrounds.  The diverse groups outperformed more homogeneous groups, not because of an influx of new ideas, but because the diversity triggered more careful processing of the information that’s discussed.

‘Complex problem solving’ and ‘critical thinking’ are the top two competencies that the World Economic Forum identified in its Future of Jobs report. This involves challenge, exploration, suspending judgement, and being equipped with the cognitive capacity to look at problems in a different way. All of which is aided by having a diverse workforce.

Successful sustainable organisations recognise the need for their workforce to be equipped with the capability and capacity to dig deeper into the mental models that drive their thought processes and be ready to acquire knowledge from multiple sources and environments.

Consequently, leaders need to be prepared to challenge their assumptions and expectations when they are building their team.  This involves:

  • Acknowledging the potential for bias, because we all have it to varying degrees
  • Actively seeking diversity of experience, background, ethnicity, age and gender (and all forms of diversity) when forming teams and workgroups
  • Recognising that the person at work who really annoys you is often the person you need to spend more time with. Why? Because the source of tension comes from their seeing the world differently to you and this challenge to your frame of reference is good for your thought processes
  • Inviting other people into the decision-making process who can shift and provide alternate perspectives

 

Build on strengths

As part of this approach, it helps for leaders to understand and then leverage the strengths of their team.

Research conducted over the last 30 years shows that taking a strengths-based approach leads to greater work satisfaction, engagement, and productivity. This is evidenced in Tom Rath and Barry Conchie’s book, Strengths Based Leadership, where they detail how working with strengths helps leaders be more effective.

Leaders play a crucial role in bringing strengths to life at work – for both themselves and their team members.

It starts with the leader understanding their own strengths and how they are best used at work. The next step is to help team members:

  • Appreciate the strengths they bring to their role, and
  • Recognise and value the strengths their colleagues bring to their role

 

This is best done through a series of team development activities, which help the team best understand and leverage the individual and collective strengths of the team.

Michelle Gibbings is a change leadership and career expert and founder of Change Meridian. Michelle works with leaders and teams to help them accelerate progress. She is the author of ‘Step Up: How to Build Your Influence at Work’ and ‘Career Leap: How to Reinvent and Liberate your Career’.

Why your leadership reputation is a catalyst to business growth

When you run your own business – and you’re not a large operation – the basics of success might seem simple. Business booms when more people want to buy from you, existing customers want to stick with you, and your staff are happy to work for you.

But anyone who’s run a family-owned or small to medium enterprise will know that driving business success is a complicated matter. After all, it takes an investment of your time, effort and resource to grow the business, keep your employees engaged and build your brand and reputation.

Plus, the smaller your operation, the larger the effort, time and resource required to stay competitive in any market.

What if you’ve overlooked a highly valuable driver in achieving business growth, employee engagement and customer loyalty? Your leadership reputation. It’s no wonder that legends of the business world hold it in such high esteem. Warren Buffet identified it as an even higher priority than profits.

This principle applies just as strongly for small to medium enterprises. The difference is that it is you, as the owner and leader, whose reputation is the anchor for your business.

Think back to when you started your business. A large foundation for what it is today would have been because of your contacts who became your first clients. Your knowledge and expertise evolved into your current products and services. Your vision is the glue that formed your first team.

Your leadership reputation might have been instrumental in setting you up but why is it even more essential for running a successful business into the future?

Here are just three reasons:

 

 1. Your leadership impacts how you attract new business

Reputation is sometimes misunderstood. It’s often thought to be the same as your brand. However, unlike your brand, your reputation is not something you create and then project. The public formulates reputation based on what they know about you.

Investing in your leadership reputation is a worthwhile venture. In fact, one study found that a good reputation can increase a customer’s intent to purchase from you by up to 6.3%.

The challenge for busy small business owners, however, is that you can be so consumed in the day-to-day tasks that you might neglect setting time aside to build on the elements that influence your reputation. Also, being the boss can sometimes mean there’s no one keeping you in check about your leadership skills.

Dr Travis Kemp, an organisational psychologist, independent company director and adjunct professor at the University of South Australia’s Business School, faced the same challenge.  “Because I run my practice and lead organisations, there are very few people who I actually have to report to,” Kemp recalls.

But Kemp understood the importance of being accountable for proving to the public that he was a capable leader. So, he sought accreditation to benchmark his leadership standard. He needed to find a way to make his skills, “understandable and acknowledgeable by other people… An external validation and accountability for [his] experience.”

Strike a balance: While caring for your reputation as a leader is a must, finding the time can be difficult. That’s why accreditation is a great solution. Find a professional designation that doesn’t take away too much of your time from running the business but at the same time validates your skills, experience and expertise.

 

2. Your leadership impacts employee engagement

Starting a business is an exciting time of discovery. But as your business evolves, you and your staff will face new challenges. As a leader, your people will look to you for guidance and solutions when facing these issues.

That’s why it’s important for business owners like you to ensure your leadership skills are up to standard. If your staff can’t trust you to pull them through tough situations, then you can’t expect them to give their best at work. And when they fail to give their best, business performance suffers. Research by the University of Melbourne’s Centre for Workplace Leadership found that many leaders fail to master fundamental leadership skills and unsurprisingly, more than 40% of Australian businesses do not meet their targets for return on investment and profitability.

Unsurprisingly, Kemp recommends investing in leadership skills. “I think leaders’ impact can be incredibly positive when it is directed in the right way, to the right people at the right time. Leadership has always been part of my life. I have been an active leader, I have grown companies, I have even started companies”.

Lead to engage: As a business owner, you’re not just managing products and services – you lead people too. So, seek out ways to benchmark your leadership skills up to the highest standards. You simply can’t afford to leave the wrong impression about your leadership with your employees.

 

3. Your leadership impacts customer loyalty

Can the reputation of just one person really affect the trust of customers? When one employee of United Airlines damaged their reputation by violently removing a passenger, the airline’s stock price lost $1.4 billion – investors simply lost trust. If that is true for the actions of one employee, all the more so for the actions of a business owner – regardless of business size.

While financial results matter for all businesses, there’s a lot more value in keeping loyal customers. It’s no secret that it costs more to acquire new customers. So, your trustworthiness as a leader and business owner is key.

Kemp observed how important it is to be a trusted leader. “We come back to the notion of ‘good people, doing good things’ and for the right reasons. Sometimes that gets lost in our pursuit for commercial gain,” said Kemp. But he adds, “It is important to raise the standard of leadership around the notion of ethics and values in decision making.”

Earn others’ trust: Once again Kemp looked toward an accreditation that displayed his commitment to sound leadership practice. Don’t keep your customers guessing. Show your trustworthiness by gaining the right leadership accreditation.

 

Great leadership helps your business to grow

Leaders with strong reputations carry their teams towards success, outshine the competition and reap financial rewards. If you want your reputation to be that of a leader who gets results, then you need to equip yourself with the accreditation that confirms it.

The Chartered Manager accreditation is the highest status that can be achieved as a manager and leader. It is awarded on experience, expertise and a commitment to management and leadership. The three-step application process involves just 12 hours and can be completed at your own pace – essential if you’re a time-poor business owner.

By becoming a Chartered Manager – like Travis Kemp – you’ll ensure your leadership drives the success of your business. In fact, the Chartered Management Institute (CMI) in the UK, found that Chartered Managers:

  • Help businesses grow: One in three Chartered Managers have used their status as a competitive advantage, citing it in tenders to win new clients
  • Deliver engaging leadership: 62% of Chartered Managers said their designation improved their people management skills
  • Build client loyalty: Two out of five Chartered Managers maintained business turnover

 

Drive business success by accrediting your leadership – become a Chartered Manager.

To find out more or to apply, visit managersandleaders.com.au/chartered-manager.

In leadership, respect is about understanding, not agreeing

By David Pich CMgr FIML

 

Respect is undeniably complex. This complexity is only increasing as the world – and the world of work – become simultaneously more polarised and more open. It’s interesting that these two global trends seem to be in such conflict.

Countries and workforces are becoming increasingly diverse, while public opinion about all aspects of diversity seems to be ever more polarised. We seem to be metaphorically pulling down walls, but leaders are appealing to millions with notions of building physical walls. Barriers to trade and those that restrict the freedom of people to move and work across borders seem to be becoming mainstream policy in many nations.

 

DIFFERENCE AND DIVERSITY

These macro trends and developments have made the concept of respect a fraught and complex matter. The typical workplace contains incredible diversity. A relatively small team of, say, 10 people in Australia or New Zealand can be made up of any combination of females, males, and those who identify as either or neither. It may also include people in same-sex relationships, people with or without kids; and it may include Christians, Jews, Muslims, Hindus and atheists. There may be people with a physical or mental disability (or both) and people from quite literally any cultural background you can mention. In fact, it’s safe to say that I have missed more ‘categories’ (and yes, I detest that word) than I have listed.

When all of these people – our workmates – arrive at work each morning, afternoon or evening, they do so against a social and political environment that is increasingly polarised and opinionated. Stereotypes abound, and the impact of these shouldn’t be underestimated.

The best example I can give is from the UK following the Brexit vote in 2016, when Polish and other mainland European nationals living and working in London and other cities reported feeling an overwhelming sense of fear and uncertainty in the workplace.

Similar feelings were reported in Australia among the gay community during the same-sex marriage debate.

The seemingly constant attack on, and airing of, ‘differences’ in lifestyle choices, religious beliefs, cultural backgrounds, nationalities and other aspects of the rich tapestry of individuals’ lives means that showing respect is increasingly portrayed as unnecessary and, even worse, a sign of weakness.

 

RESPECT IS ABOUT UNDERSTANDING, NOT AGREEING

Showing respect as a leader isn’t about agreeing. It’s simply not possible to agree with everyone about everything. Trying to do that is the quickest way to tie yourself up in knots and lose the respect of the team. It’s also disingenuous.

When I joined CanTeen in 2002 as the Head of Fundraising and Marketing I met Carolyne, the Head of HR. We became and remain close friends. Carolyne is a committed and practising Christian, while I’m a committed and practising atheist. We freely talked about – and laughed about – our very different life views and belief systems, and we frequently explained to each other why we had come to our own separate and diametrically different conclusions.

That’s life! As I once said during a conference keynote, “If the workplace was full of middle-aged blokes from Manchester with a love of eighties music it would be a very dull place indeed!” Difference and diversity is interesting, enriching and rewarding.

Respect is about understanding why people believe what they believe, do what they do and are who they are. Despite what we read and hear from a vocal section of today’s media, and read on the more extreme reaches of the internet and social media sites, it’s perfectly possible – and perfectly acceptable – to understand without agreeing. Showing respect as a leader is about accepting that you don’t always need to be right, that there isn’t necessarily only a right and wrong or just a black and white. Respect is about accepting and embracing the idea that other people’s life experiences are different to yours and that that’s OK.

As a leader, respect is about encouraging and embracing the view that difference and diversity bring strength to a team because they open the way to new thinking, new approaches and new ways of solving problems. Once this view is accepted it can be implemented in any number of ways within the workplace or team. For example, in recruitment, leaders should ensure that they do not fall into the trap of allowing personal bias to creep into the formal and informal recruitment process. In the same way, leaders need to guard against allowing their own views to cloud the way they deal with any number of issues and situations that arise each day in the workplace.

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.