Transformative Leadership: Stepping Back to Move from Management Speed to Leadership Significance May 5, 2014 Kevin Cashman Senior Partner CEO & Executive Development Korn Ferry International Kevin.Cashman@kornferry.com www.CashmanLeadership.com © 2014 Korn Ferry. ALL RIGHTS RESERVED. Keys to Unlock Transformative Leadership … What Will We Cover Today? © 2014 Korn Ferry. ALL RIGHTS RESERVED. Sometimes Transformation Happens Unexpectedly… © 2014 Korn Ferry. ALL RIGHTS RESERVED. Transformation Key One: Pause Powers Transformation © 2014 Korn Ferry. ALL RIGHTS RESERVED. Where Do You Get Your Best Ideas? • 78% of executives get their best ideas: - in the shower - while exercising - driving or commuting to work • 33% of executives are on the edge of burnout • Hurry sickness is epidemic: “Most of us are going everywhere but being nowhere!” © 2014 Korn Ferry. ALL RIGHTS RESERVED. High Complexity Hyperactive Transformative Low Complexity Degree of Dynamic Complexity The Pause Principle® Transactive Hypoactive Low Pause/Reflection High Pause/Reflection Degree of Pause/Reflection © 2014 Korn Ferry. ALL RIGHTS RESERVED. Transactive Management Content Transformative Leadership Context Speed Significance Accuracy Authenticity Critic Efficiency Control Doing Things Right Short Term Expertise © 2014 Korn Ferry. ALL RIGHTS RESERVED. + Coach Effectiveness Contribution Doing the Right Thing Long Term Humble Inquiry Transformation Key Two: Leadership Development is Inside-Out and Outside-In © 2014 Korn Ferry. ALL RIGHTS RESERVED. Inside-Out Outside-In Development Development Transformative Leadership Development © 2014 Korn Ferry. ALL RIGHTS RESERVED. Transformation Key Three: Leaders Must Pass Through the Lens of Success © 2014 Korn Ferry. ALL RIGHTS RESERVED. MAJOR Transition Point: The Lens of Success Uni-Focused/ Task-Focused Leadership – Has the answers Multi-Focused/ Strategic and Participative Leadership – Asks the questions Source: Harvard Business Review, February 2006. © 2014 Korn Ferry. ALL RIGHTS RESERVED. Transformation Key Four: Flip the VUCA © 2014 Korn Ferry. ALL RIGHTS RESERVED. olatile What is VUCA? npredictable omplex mbiguous © 2014 Korn Ferry. ALL RIGHTS RESERVED. “Managing complexity is the #1 leadership challenge today...” “Dealing with Ambiguity is the #1 competency in shortest supply in leaders...” © 2014 Korn Ferry. ALL RIGHTS RESERVED. powered by LOMINGER Daniel Vasella, M.D. Former Chairman & CEO, Novartis, the #1 most admired life sciences company globally © 2014 Korn Ferry. ALL RIGHTS RESERVED. “We need to ‘manage complexity’ and ‘deal with ambiguity’ but NOT too long!” ision olatile Transformative Leadership Flips the VUCA… nderstanding npredictable larity omplex mbiguous gility © 2014 Korn Ferry. ALL RIGHTS RESERVED. Transformation Key Five: Balance Drive & Connection to Go Beyond What Is … © 2014 Korn Ferry. ALL RIGHTS RESERVED. Transformative Leaders Balance DRIVE and CONNECTION to Go Beyond What Is… © 2014 Korn Ferry. ALL RIGHTS RESERVED. Transformative Leaders Balance Drive and Connection to GO BEYOND What Is… Managers Improve What Is… Managers Enhance What Is… Managers Move Forward What Is… Leaders Go Beyond What Is… © 2014 Korn Ferry. ALL RIGHTS RESERVED. Transformation Key Six: Transformative Leadership is Multi-Dimensional © 2014 Korn Ferry. ALL RIGHTS RESERVED. Key Dimensions of Transformative Leadership Authenticity Dimension “Leaders Must be the Change They Wish to Create… Self-Awareness Impacts Sustainable Financial Performance.” Service Dimension “Authentic Leaders Move from Self to Service.” Purpose Dimension “Has Performance Become Your Purpose?” Will Dimension “Leaders With High Will Have 10X the Influence…” Energy Dimension “Leaders Multiply Energy… By Leveraging Stories & Questions.” © 2014 Korn Ferry. ALL RIGHTS RESERVED. Pause for Questions © 2014 Korn Ferry. ALL RIGHTS RESERVED. Transformation Key Seven: Growth IS the Key © 2014 Korn Ferry. ALL RIGHTS RESERVED. © 2014 Korn Ferry. ALL RIGHTS RESERVED. Feedback Counts! Your feedback helps ASTD continue to provide top-notch educational programs that help you stay on top of a changing profession. Evaluation forms for this session are available via the mobile app and at the following link: www.astdconference.org/attendees. © 2014 Korn Ferry. ALL RIGHTS RESERVED. Kevin Cashman Kevin is a best-selling author, top-ten thought leader, world-class speaker, global CEO coach and pioneer of the ‘grow the whole person to grow the whole leader’ approach to transformative leadership. He is the founder of the Chief Executive Institute ® and LeaderSource Ltd, recognized as one of the top three leadership development programs globally. In 2006, LeaderSource joined Korn/Ferry International, where Kevin is now Senior Partner, CEO and Executive Development. Kevin has advised thousands of senior executives and senior teams in more than 60 countries worldwide. He is an accomplished thought leader on topics of personal, team and organizational transformation. He has written six books including Awakening the Leader Within and Leadership from the Inside Out, named the #1 best-selling business book of 2000 by CEO-READ and is now used at over 100 universities globally. His latest book, The Pause Principle: Step Back to Lead Forward, has been recognized as a Business Book of the Year Finalist by both ForeWord Reviews and CEO-READ. Senior Partner Korn/Ferry International CEO & Executive Development Founder, Chief Executive Institute® Founder, LeaderSource Ltd Best Selling Author, Leadership from the Inside Out Author of new book, The Pause Principle: Step Back to Lead Forward Kevin has written scores of articles on leadership and talent management and has been featured in The Wall Street Journal, Chief Executive, Human Resource Executive, Fast Company, Strategy & Leadership, Investors Business Daily, Directors & Boards Magazine, CNN, National Public Radio and other national media. He is a leadership columnist for Forbes.com and has been named as one of the Top 10 Thought Leaders by Leadership Excellence Magazine for several years. Mr. Cashman holds a degree in psychology from St. John’s University and is an adjunct professor for the University of Minnesota Executive Education program. He is a Board Member for HR.com; a Senior Fellow in the Caux Round Table, a global consortium of CEOs dedicated to enhancing principle-based leadership internationally; and a Board Member for the University of St. Thomas’ Center for Ethical Business Cultures fostering ethical leadership worldwide. www.CashmanLeadership.com @Kevin_Cashman © 2014 Korn Ferry. ALL RIGHTS RESERVED. © 2014 Korn Ferry. ALL RIGHTS RESERVED. 26 26