Under A. G. Lafley’s leadership from 2000 till 2010, Procter & Gamble's sales doubled, profits quadrupled, market value increased by more than $100 billion, and its portfolio of billion-dollar brands – such as Pampers, Olay, and Gillette – grew from 10 to 24 as a result of P&G’s focus on winning strategic choices, consumer-driven innovation, and reliable, sustainable growth.
This is the story of the strategic choices that founded P&G’s transformation.
The ability to actually develop people over time is one of the most significant differences between leaders and managers. Managers have the mindset to do the best they can with the people they have, while leaders learn how to take the people they have and make them better. Most experienced leaders and coaches know that the best way to begin to influence people’s perceptions of themselves is to affirm their talents and value gradually and very persistently. Most people are not used to another person looking at them and actually seeing more talent and more upside than everyone else perceives. This is exactly what exceptional leaders do.
As a business leader, inspiring people to follow you in pursuit of your company’s mission is your job.
After all, your personal success is directly linked to the success of the company. If the top and bottom lines don’t improve, you don’t have a winning team. And if your culture and organization aren’t wired for sustainable growth, you won’t succeed.
That being said, you have to offer your employees — your company’s life source — something more than self-gain. You have to give them an encouraging vision and an identity. Once you do that, you become something bigger than yourself. You become a transformational leader, and your business becomes resilient.
Good leaders need to be able to vary their leadership style and move between the styles mentioned here in response to the prevailing situation. These styles used in combination should enable a far more effective leadership that delivers tangible improvements in team performance, but relies upon the judgement of the leader in selecting the most appropriate style.
Many organizations would like their leaders to create more innovative teams. But how exactly should they do this? If you ask highly innovative leaders what makes them effective you are apt to hear, “Well, I don’t know. I haven’t thought about it.” Or they will make something up that sounds compelling. But the fact of the matter is that people who excel at something aren’t usually very good at pinpointing exactly what accounts for their skill.
Recent reports show that morale is low across the nation for government employees. Are there answers that can help even as public sector pay lags behind the private sector? Here's an example to consider.
With the arrival of this last month of the year, I’ve been finding myself in a mixed state of mental exhaustion and reflection, which considering the work involved in bringing my first leadership book out into the world alongside my regular...
Before we go on to unveil the future trends, let’s have a look at what was happening on the leadership training scene this year. Among the most innovative leadership strategies being taught all over the world was the so-called “endogenous resourcing”, standing for the myriad techniques for unlocking employees’ hidden potential.
Apart from this trend, we saw the rise of management policies that foster sustainability and a slow transition from the autocratic, control-and-command management style to its more democratic variety – both demonstrating how the human side of business has become a growing factor in the success of leadership as employed by many global brands.
Having examined the present, let’s now direct our gaze to the future – here are 6 innovative leadership development practices that we will see spreading in the upcoming year.
What if you were to take all you know about talent management – recruit, train, manage, retain and evaluate – and turn it on its head? You may need to, thanks to changing dynamics of the workplace due to factors like social media and the presence of Millennials. A collaborative way of communicating has come to the modern organization, and smart companies know they must adapt to survive. Author Don Tapscott – CEO of the Tapscott Group and general business guru -- recommends rethinking the traditional approach and taking an alternative route instead...