In Search of Strategy……



There’s no doubt that Dave Lewis faces strategic challenges as he takes on the mantle of Chief Executive of Tesco following Philip Clarke’s three year tenure… equally Clarke faced challenges when he took on the role after Sir Terry Leahy’s fourteen year tenure….  What can Lewis do differently ? What (if anything) was missing in the leadership and strategic management approach of Clarke ? Is there a “secret” formula to address these challenges ?

Understanding what’s worked for other organisations and strategic leaders, assessing strategic models and self-reflection can make a significant contribution.  “To function as a strategist, one must be able to hold opposing views and synthesise them” (Strategy Safari, Mintzberg, Ahlstrand, Lampel) and there certainly are opposing and complementary views.  Some that resonate for me, to name but a handful, are Peters and Waterman’s “In Search of Excellence”, Collins “Good to Great”, Raynor and Ahmed’s recently published “The Three Rules : How Exceptional Companies Think”, Leahy’s “Management in Ten Words”, Kanter’s “How great companies think differently” (Harvard Business Review, Nov 2011), Hill’s “Collective Genius” (Harvard Business Review, June 2014).
 
Hill’s recent article is an insightful read, focusing on innovation, leadership and building the ability to innovate in this rapidly changing dynamic global world and challenges the reader by asking “Are You an Innovation Leader ?”
 
I always welcome an opportunity for self-reflection, which has the power to cultivate personal change and growth, only when I choose to apply the learning !

 




Embracing Blogging...Dealing with Transition !!

As a novice blogger, I’m navigating my way through this world of social media... launching my first blog today - definitely a late bloomer !  I've written some posts in recent months with a particular focus on transitions and cultivating resilience.  And now it's transitioning in action, moving out of my comfort zone and embracing this blogging world........eventually getting into action!

So far, my three tips as a novice blogger are :

1. Learn the basics of blogging & persist with "technical" obstacles 

2. Start writing

3. Feel the fear and Post it anyway

    Repeating 1,2,3........ the learning continues, more posts to follow !!!

TRANSITIONing through FAILURE

"Fail Better" is an event taking place in The Science Gallery until 27th April 2014, which aims to open up conversations about failure and it's role in stimulating creativity.  Sonia O'Sullivan was a guest at Runner Up : The Psychology of failing better in sport (discussion begins at 8.50 minutes) last week exploring, with  Dr Ian Robertson and Ray D'Arcy, the experience of failing as a top athlete - subsequently discussed on Newstalk's Off the Ball.  Sonia speaks so openly and honestly about her learning and the importance of accepting her failure to enable her to move on.  There are so many gems on offer - for me it's practicing ACCEPTING the failure.  Have a listen and hear what resonates for you ?

The title of the event really caught my attention - what a wonderful title ?  Having listened to Sonia and attending the event really got me thinking about failure,

Resilience in times of transition..............

Are Leaders embracing resilience ? Are Leaders taking stress seriously ? Experiences of some high profile leaders in recent years...

In 2011 António Horta-Osório, Lloyds boss of eight months, took leave after being "diagnosed with extreme fatigue and stress due to overwork" and resumed his position in 2012.

In 2012, Stefan Jacoby, Volvo Car Corp. Chief Executive took leave following a stroke and subsequently spoke openly about being fired while dealing with his illness.  He is now Head of General Motors, International Operations.

In 2013, Barclays' Head of Compliance, Sir Hector Sants, took leave due to "exhaustion and stress", resigning just one month after this announcement.

"Leadership is a lonely thing....When you have to make tough decisions in relation to strategy or very important issues you have to take them in the end alone......Responsibility increases the bigger and more difficult the situations are.", according to António Horta-Osório in a 2013 interview with BBC News,

These articles make for uncomfortable reading, being a catalyst to reflect on levels of resilience in transitional times.

Here's my ABC for building resilience in times of transition :

                       Awareness - of my own strengths, weaknesses and vulnerabilities

                       Belief - that I will work through the process as I have done in the past

                       Commitment - to consistently cultivate relationships and my personal resources.

It certainly isn't easy, but I believe consistent commitment cultivates change.



Diversity in the Boardroom

What a wonderful event in Trinity College this evening organised by TBA/SMF entitled "Leading Women".  Many messages for female graduates embarking on their careers and for those of us at different stages in our careers - the importance of hard work, resilience, choosing something you enjoy, continuous learning.    Top five tips which I took away are :
 

  1. Build your brand - Select your own "Board of Directors"
 
2. Nourish your network - Relationships and networks sustain you, invest in them
3. Make your voice heard
4. Actively seek out feedback
 
5. Stay true to yourself
 
 
Such impressive organisation from ambitious, energetic, vibrant young students.  Thank You.


Leaping "Monkeys" ...

Sharing some thoughts on The One Minute Manager Meets the Monkey : Free Up Your Time and Deal with Priorities; Don’t take on a problem if it isn’t yours, by Kenneth Blanchard, William Oncken, Jr., and Hal Burrows....................

 


This book provides some powerful messages using a “monkey” tale, for practicing managers, leaders, coaching practitioners and indeed anyone challenged with the 24/7 demands of this twenty first century world – focus on attending to the important “monkeys” to maintain their health while allowing the unimportant ones starve from lack of attention.

The analogy of a “monkey-on-the-back”, for me, relates to the tasks/activities that a manager takes on from subordinates and how this eats into managers time.  Isn’t this analogy equally relevant to everyday life – “monkeys-on-the-back” are potential entries on “to-do” lists.  The notion of managing “self-imposed time” is where power lies allowing us  “Get control over the timing and content of what we do”.  Three kinds of organisational time are discussed – boss-imposed time, system-imposed time, self-imposed time – and recognising each of these and how we deal with them is a potential shift of mindset.  When we begin to see things differently, we think differently, feel differently and ultimately behave differently – this book offers a way “to see things differently” forcing me to think about what next, controlling my time and myself – not uncommon challenges in today’s busy world !!!!