Moving from Management to Leadership Agenda 1) 2) 3) 4) Definitions Leadership Qualities Leadership Competencies Self-evaluation and planning Neither BancorpSouth Insurance Services nor its employees provide legal advice to BancorpSouth Insurance Services clients. We recommend that you consult your legal advisor before making any business-related legal decisions. This document contains proprietary information belonging to BancorpSouth Insurance Services, Inc. It must not be duplicated or retransmitted. ©, 2013, BancorpSouth Insurance Services, Inc. The Manager An effective manager: • • • • • • gets work done through other employees trains and guides others delegates work to improve productivity hires and retains top talent coaches and counsels utilizes consequences Neither BancorpSouth Insurance Services nor its employees provide legal advice to BancorpSouth Insurance Services clients. We recommend that you consult your legal advisor before making any business-related legal decisions. This document contains proprietary information belonging to BancorpSouth Insurance Services, Inc. It must not be duplicated or retransmitted. ©, 2013, BancorpSouth Insurance Services, Inc. Image courtesy of ddpavumba/ FreeDigitalPhotos.net The Leader An effective leader: • • • • • • • brings people together is a strong communicator sets expectations is a positive role model is passionate; inspires and excites others has loyal and determined followers focuses on sustainability and survival Neither BancorpSouth Insurance Services nor its employees provide legal advice to BancorpSouth Insurance Services clients. We recommend that you consult your legal advisor before making any business-related legal decisions. This document contains proprietary information belonging to BancorpSouth Insurance Services, Inc. It must not be duplicated or retransmitted. ©, 2013, BancorpSouth Insurance Services, Inc. Image courtesy of master/ FreeDigitalPhotos.net “Leadership is the art of getting someone else to do something you want done because he wants to do it.” - Dwight Eisenhower Neither BancorpSouth Insurance Services nor its employees provide legal advice to BancorpSouth Insurance Services clients. We recommend that you consult your legal advisor before making any business-related legal decisions. This document contains proprietary information belonging to BancorpSouth Insurance Services, Inc. It must not be duplicated or retransmitted. ©, 2013, BancorpSouth Insurance Services, Inc. Leadership Qualities Respectful Supportive Honest Open / forthright Emotionally intelligent Change focused Risk tolerant Responsible Accountable Challenging Motivational Empowering Ethical Optimistic Knowledgeable Competent Passionate Visionary Collaborative Inclusive Active listener Learner Inspirational Encouraging Neither BancorpSouth Insurance Services nor its employees provide legal advice to BancorpSouth Insurance Services clients. We recommend that you consult your legal advisor before making any business-related legal decisions. This document contains proprietary information belonging to BancorpSouth Insurance Services, Inc. It must not be duplicated or retransmitted. ©, 2013, BancorpSouth Insurance Services, Inc. Leadership Competencies Technical Relationship Operational Strategic Neither BancorpSouth Insurance Services nor its employees provide legal advice to BancorpSouth Insurance Services clients. We recommend that you consult your legal advisor before making any business-related legal decisions. This document contains proprietary information belonging to BancorpSouth Insurance Services, Inc. It must not be duplicated or retransmitted. ©, 2013, BancorpSouth Insurance Services, Inc. Technical Competence • Strong technical / product job knowledge • Understands goals and expectations • Implements appropriate plans of action • Project plans to manage time • Revenue/sales plans to achieve targets • Committed to customer • Understands financial and business principles • Acts in an ethical manner at all times Neither BancorpSouth Insurance Services nor its employees provide legal advice to BancorpSouth Insurance Services clients. We recommend that you consult your legal advisor before making any business-related legal decisions. This document contains proprietary information belonging to BancorpSouth Insurance Services, Inc. It must not be duplicated or retransmitted. ©, 2013, BancorpSouth Insurance Services, Inc. Relationship Competence • Builds and maintains sustainable, productive working relationships • Uses internal networks to get things done • Skilled in communication, collaboration and coordination • Resolves conflicts • Includes and recognizes the value of others • Controls and manages emotions and reactions Neither BancorpSouth Insurance Services nor its employees provide legal advice to BancorpSouth Insurance Services clients. We recommend that you consult your legal advisor before making any business-related legal decisions. This document contains proprietary information belonging to BancorpSouth Insurance Services, Inc. It must not be duplicated or retransmitted. ©, 2013, BancorpSouth Insurance Services, Inc. Operational Competence • Understands and supports organizational culture and goals • Facilitates cross-organization interface • Integrates internal and external data • Aligns objectives with corporate goals • Finds multiple solutions to challenges • Finds opportunity in change Neither BancorpSouth Insurance Services nor its employees provide legal advice to BancorpSouth Insurance Services clients. We recommend that you consult your legal advisor before making any business-related legal decisions. This document contains proprietary information belonging to BancorpSouth Insurance Services, Inc. It must not be duplicated or retransmitted. ©, 2013, BancorpSouth Insurance Services, Inc. Strategic Competence • Focuses on long-term survival of the organization – Financial stability & growth – Client growth & retention – Staff development & retention – Community reputation • Develops teams and followers • Proactive vs. reactive • Internal locus of control Source: What Is Strategic Competence and Does It Matter? Exposition of the Concept and a Research Agenda, Cornell University, Paul R. Sparrow, Lancaster University Management School, UK, Gerard P. Hodgkinson, The University of Leeds, UK Neither BancorpSouth Insurance Services nor its employees provide legal advice to BancorpSouth Insurance Services clients. We recommend that you consult your legal advisor before making any business-related legal decisions. This document contains proprietary information belonging to BancorpSouth Insurance Services, Inc. It must not be duplicated or retransmitted. ©, 2013, BancorpSouth Insurance Services, Inc. Evaluation Leadership Self-Evaluation Focuses on Tasks Focuses on Survival De‐emphasizes External Integrates External Issues Compartmentalizes Goals Aligns Goals Collaboratively Builds Empires Builds Alliances Maintains Status Quo Initiates Necessary Change Strives for Win Strives for Win‐Win Avoids Risk Takes Calculated Risk Avoids Ownership Takes Ownership Focuses on Self Prepares Workforce Focuses on Survival Planning Integrates External Issues Aligns Goals Collaboratively Builds Alliances Initiates Necessary Change Strives for Win-Win Takes Calculated Risk Takes Ownership Prepares Workforce Neither BancorpSouth Insurance Services nor its employees provide legal advice to BancorpSouth Insurance Services clients. We recommend that you consult your legal advisor before making any business-related legal decisions. This document contains proprietary information belonging to BancorpSouth Insurance Services, Inc. It must not be duplicated or retransmitted. ©, 2013, BancorpSouth Insurance Services, Inc. Moving from Management to Leadership