Creating Global Leaders
Video Overview
• Hosted by Wayne Cascio, Ph.D.
• SHRM Foundation’s 7th DVD
• Filmed at World Economic
Forum Headquarters,
Geneva, Switzerland
• Comprehensive Interviews
• Officers, Managers, and
Fellows
Video Synopsis
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•
Video Introduction
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•
What Fellows Do
•
Broadening Leadership
Competencies
•
A Leadership Incubator
The Global Leadership
Fellows Program
Why the World Needs
Global Leaders
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Peer Coaching
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Advice to Organizations
•
Five Lessons
Executive Coaching and
Mentoring
Advice to Future Global
Leaders
Organization Overview
World Economic Forum Communities
•Strategic Partners
•Industry Partners
•Members
•Global Growth Companies
•Governments, International
Organizations
•Representatives of Civil Society
•Thought Leaders (Religion,
Culture, Science, Academia)
•Technology Pioneers
•Media
•Women Leaders
•Young Global Leaders
•Social Entrepreneurs
Organization Overview
Areas of Engagement
•Strengthening Economies
 Global Trade & Investment Regime
 Poverty & International Aid
 Labor & Migration
 Economic Imbalances & Systemic Financial Risk
 Intellectual Property Regime & Innovation
•Enhancing Security
 Conflicts
 Illicit Trade
 Pandemics & Infectious Diseases
 Terrorism & Weapons of Mass Destruction
 Information Infrastructure & Data Security
 New Technologies
Organization Overview
Areas of Engagement
•Promoting Sustainability
 Climate Change / Low Carbon Economy
 Resource Security (Food, Water, Energy, Air)
 Ecosystem & Biodiversity Loss
 Natural Disaster
•Global Governance
 International Legal System
 Values
Organization Overview
History and Membership
•Not-For-Profit Founded in 1971
•$139.5 Million Annual Budget
•Membership by Invitation Only
• Foundation Members
• Industry and Strategic Partners
• Global Growth Companies
• 400 Employees in
Geneva, New York, and Beijing
Discussion
Discussion
Questions
Questions
What is the purpose of the World
Economic Forum?
• Bring together top business leaders, international
political leaders, selected intellectuals and
journalists
• Address and discuss the policy implications of the
most pressing issues facing the world.
• Promote a world-class corporate governance
system where values are as important to
conducting business as is the rule of law.
• Energize Global Communities
• Shape the Global Agenda
• Improve the State of the World
Additional Questions
• What does the WEF do to “shape the global agenda?”
• How can small companies or individuals act “globally?”
Explain what Professor Klaus
Schwab described as “stakeholders’
theory.”
• Belief that the management of a company has to
act in the best interest not only of the company’s
shareholders, but all stakeholders – society at
large.
• Entrepreneurship as the key driver of wealth
generation with a globally coordinator regulatory
framework
• Moral reformation – Shaping the post-economiccrisis world must incorporate ecological, global, and
inter-generational accountability and responsibility.
• The Tipping Point – 2009 Global
Economic Crisis
Additional Questions
• Why should an organization be concerned with its
impact on social matters?
• In a profit-focused organization how can leaders justify
the expense of environmental considerations?
• Why does an organization need to factor the
government and its suppliers into its business
considerations?
Why does the world need global
leaders?
• Today’s global problems cannot be solved by
governments alone, by business alone, or by civil
society alone.
• Cooperation and partnerships are needed.
• There is a need for the global leaders to be aware of
these problems and to create awareness among
others
• The Forum fosters a Community of Global Leaders
• Leaders of Tomorrow have a Global
Responsibility
• Global Operations = Workforce Diversity
Additional Questions
• What are some potential downsides of unilateral
action?
• Give a few examples of global challenges that require
multiple global actors to resolve.
What is the goal of the Global
Leadership Fellows program?
• The Global Leadership Program is dedicated
to developing the next generation of world
leaders.
• Combining knowledge and practice
• Leaders learning from leaders
• Ongoing coaching and mentoring
Additional Questions
• What types of people are recruited and/or accepted
into the Global Leadership Fellows program?
• What makes the World Economic Forum unique?
What types of problems do the
Fellows address?
• Participants work to address specific issues
related to all WEF areas of engagement by
working with:
 Civil-society organizations
 Social entrepreneurs
 The university community
 Multinational corporations
• Participants focus on chronic hunger,
environment, global health, logistics and
transportation, and governmental relations
• Participants work full-time in roles that will be
useful for their future.
Additional Questions
• What are some specific WEF areas of engagement
that enhance security?
• What are some specific WEF areas of engagement
that promote sustainability?
• What are some specific WEF areas of engagement
that strengthen economies?
Candidates who are invited to join the Global
Leadership Fellows program have been challenged
on their global mindset.
What attributes and actions make up
a ‘global’ mindset?
• Be prepared to deal with a great deal of dynamic
complexity.
• Understanding that global business is not about
servicing only one region or country
• Account for the impact that an organization’s
operations will have on the rest of the world.
• Adaptability is Key
Additional Questions
• Why is adaptability so important?
• What is dynamic complexity?
• What are some contributing factors to the acceleration
of world dynamics?
What are some key differences
between coaching and mentoring?
• Keys to Mentorship
 Mentor is generally a person who has deep experience in a
particular field of interest.
 A mentorship is typically an informal relationship that can last
for a long period of time.
 Mentorship focuses on career and personal development at
the request of the mentee.
What are some key differences
between coaching and mentoring?
• Key to Coaching
 A coach typically does not have deep experience, but
assists a person in a learning experiencing.
 A coach may be a person of similar age and academic
training. (ie – Peer coaching)
 Relationship generally has a set duration and is more
structured.
 Coaching is typically focused on short-term goals and on
specific areas/issues for development.
 Agenda is focused on an individual’s personal
development.
Additional Questions
• What are some benefits of being a “peer coach?”
• What are some benefits of being a “peer coachee?”
• What are some benefits of having a mentor?
What are three important
components that any organization
must provide in developing leaders?
• Open Discussions
• Work/Life/Development Balance
• Allow young leaders to define their value
systems, personal beliefs, and ideals during
leadership development
Additional Questions
• Identify some ways that diversity enhances leadership
development.
• What are some potential downsides of not having
enough financial resources for a leadershipdevelopment program?
• Why is it important to give leaders “space” to learn?
To become a global leader, what are
some personal attributes and
experiences that a person should
strive to achieve?
• Have the capacity to blend knowledge, expertise,
and competencies.
• Behave ethically, think strategically, communicate
effectively
• Listen and gather information
• Make intelligent decisions
• Encourage cooperation and collaboration
• Present a positive and optimistic image
Additional Questions
• What types of lessons can be learned by living in or
visiting a foreign country?
• Why is it important for a young leader to define longterm goals?
• What does curiosity have to with long-term success?
Why might the World Economic
Forum and its Fellows may become
increasingly powerful players in the
future?
• More relevant (and powerful) as the globalization of
world economies continues to expand
• Increased interactions between sovereign nations,
multinational corporations, and other global
organizations require people and institutions that
are capable of fostering effective relationships.
• Globalization is unstoppable
• Experience is power
• The Forum and it’s Fellows understand
sustainability in a global context
Organizational Growth
Additional Questions
• What types of private-sector jobs would be well suited
for people who have completed an extensive
leadership program – similar to the Global Leadership
Fellows program?
• What are some characteristics of the GLF program that
transcend all leadership-development programs?
• What types of experiences do GLF participants
experience that may not available in other
leadership-development programs?