“LEADERS AREN’T JUST BORN… THEY ARE MADE.”. What does Sioux do?
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Transcript of “LEADERS AREN’T JUST BORN… THEY ARE MADE.”. What does Sioux do?
“LEADERS AREN’T JUST BORN… THEY ARE MADE.”
What does Sioux do?
How to get there?
© Sioux 2014 | Confidential | 4
Lesson learned1. Go for talent
© Sioux 2014 | Confidential | 5
Lesson learned2. Chose Open Innovation
© Sioux 2014 | Confidential | 6
Lesson learned3. Engage your customer
Jack Welch
Boeken Winning Winnen: Zo doe
je dat
© Sioux 2014 | Confidential | 7
GE Market Capitalization
US$13 billion
US$500 billion
2000
Jack Welch steps down
as CEO of GE
1981
Jack Welch appointed
as CEO of GE
What is Leadership?
Leadership
“ONE OF THE PARADOXES OF LEADERSHIP IS KNOWING HOW TO MANAGE SHORT-TERM WHILE THINKING LONG-TERM”
Mission and Values
Differentiation
Leadership
People Management
Change
1
Mission and Values
Moment of company’s leadership definition.
Inspires workers and makes them feel part of something big and important.
Points the direction a company should take to obtain profit.
Mission:Responsibility: Management
“Vision must be communicated in every opportunity managers have to do so”
Mission and Values
Values Path that leads to the goal: winning.
Company has to reward those who follow the values, and punish those who don’t.
External factors must not influence the management decision regarding employees that doesn’t follow the organization’s Values
Responsibility: Management
2Mission and Values
Differentiation
Leadership
People Management
Change
Differentiation
Nurture the strong, let go the weak.
20%
70%
10%
Top
Middle
Bottom
Differentiation
• Positive, rewards those who deserve it• Fair, promotes teamwork• Effective, holds the more talented people in the
company, in a transparent, fair and quick way
• Constant feedback is key to implement an effective differentiation mechanism in the company
• Clarifies the business and makes it work in all aspects
“SYSTEMS THAT DON’T PROMOTE MERIT WILL EVENTUALLY AUTO-DESTROY THEMSELVES…”
Differentiation
3Mission and Values
Differentiation
Leadership
People Management
Change
Simplicity
Speed
Self Confidence
Welch always encouraged his employees to do more, in a way to be like him
Leadership
Welch’s 4 E’s of Leadership
Energy – People who move at 95 miles-per-hour in a 55 mile-per-hour world;
Energizers – Know how to spark others to perform
Edge – Those who know how to make the really difficult decisions
Execute – The key to the entire model. Recognize that activity and productivity are not the same and are capable of converting energy and edge into action and results.
Leadership
“BEFORE BEING A LEADER, SUCCESS IS RELATED TO PERSONAL DEVELOPMENT.
AS A LEADER, SUCCESS IS RELATED TO DEVELOPMENT OF OTHERS…”
4Mission and Values
Differentiation
Leadership
People Management
Change
People Management
5 Secrets - Making sure your team members:
1. Work together2. Constantly improve their performance3. Feel motivated4. Continue working at the company5. Grow and develop as leaders
5Mission and Values
Differentiation
Leadership
People Management
Change
Change
“A COMPANY CAN BOOST PRODUCTIVITY BY RESTRUCTURING, REMOVING BUREAUCRACY AND DOWNSIZING, BUT IT CANNOT SUSTAIN HIGH PRODUCTIVITY WITHOUT CULTURAL CHANGE. . . “
“PRODUCTIVITY IS LIMITLESS, IT’S AS BIG AS YOUR DREAMS ARE…”
© Sioux Group 2012 | 29