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The Changing Face of Executive Education

The Changing Face of Executive Education | marketing leadership and planning | Scoop.it

Uber has disrupted the taxi industry, Airbnb the hotel industry and Facebook has disrupted the media industry. These are significant shifts which are transforming business and society, with the respective organizations becoming ultra-successful by responding to the changing needs, preferences and values of consumers. So, what about the executive education industry, is that being disrupted?

 

Executive education is a massive industry, in the US alone companies spend $14 billion (€12.5 billion) annually on leadership development, the primary providers being business schools. But whether the providers of leadership development programs are meeting the satisfaction and needs of their target audience remains to be an open question.


Via Sally Brownbill
Steve Bax's insight:
Interesting blog and scoop by Sally Brownbill
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Sally Brownbill's curator insight, October 24, 2016 11:10 AM

The latest blog from Emerging World takes a look at the changing face of executive education. 

 

We are currently seeing changes to many industries in response to consumer needs and preferences. This blog piece looks at the leadership development needs of organizations and how those requirements are disrupting the executive education industry. 

 

Emerging World

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WhatsApp told to stop sharing user data with Facebook | News

WhatsApp told to stop sharing user data with Facebook | News | marketing leadership and planning | Scoop.it
French data protection agency Commission Nationale de l’Informatique et des Libertés (CNIL) has ordered WhatsApp to cease data sharing with Facebook for ‘business intelligence’ purposes within a month. 
Steve Bax's insight:
Topical news story with the GDPR date fast approaching
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What Separates Marketing Leaders - Bain & Company Infographic

What Separates Marketing Leaders - Bain & Company Infographic | marketing leadership and planning | Scoop.it
Marketing leaders are changing the game in a variety of ways. This infographic looks at what leaders do better than the others, and how they are shifting the very definition of marketing.

Via Cambridge Marketing College
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5 Leadership TED Talks That will Inspire You 

5 Leadership TED Talks That will Inspire You  | marketing leadership and planning | Scoop.it
TED Talks are another source of quality, reputable instruction, and inspiration, on everything from entertainment to design to science — and leadership.
These videos, ranging from just three to a little over 20 minutes in length, offer incredible leadership insight. Check them out:

Via David Hain
Steve Bax's insight:
The talk by Derek Sivers entitled "How to start a movement" is excellent. The importance of followership is captured perfectly here. 
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Jerry Busone's curator insight, June 2, 2017 8:27 AM

Always a good reminder of what a gap we have in leadership development...inspiring 

Fanta C. Sangaré's curator insight, June 13, 2017 3:54 AM
5 conférences TEDx qui font du bien. A planifier dans vos agendas ! J'ai assisté hier soir en direct à celui de Paris, sur le thème DésobéissanceS. Je prépare un papier sur les conf qui m'ont touchée...
Javier García's curator insight, December 29, 2017 7:11 PM
The talk by Derek Sivers entitled "How to start a movement" is excellent. The importance of followership is captured perfectly here. 
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Accountability and the Perils of the Blame Game - People Development

Accountability and the Perils of the Blame Game - People Development | marketing leadership and planning | Scoop.it

Accountability has its place. There is no doubt about that. But we would do well to recognise that it means precious little if we decline to use it as a tool for improvement and instead employ it only as a weapon for heaping fresh misery on those who “called it wrong”.


Via David Hain, Steve Bax
Steve Bax's insight:
Thought provoking piece by Martin Binks , former dean of Nottingham University Business School , here. He gives two examples which illustrate the dangers of blame and the alternative well.
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David Hain's curator insight, February 16, 2017 11:08 AM

Imagine a 'forgiveness culture". No? well, we find it easy enough to recognise a blame culture...

Steve Bax's curator insight, February 17, 2017 4:22 AM
Thought provoking piece by  Martin Binks , former dean of Nottingham University Business School , here. He gives two examples which illustrate the dangers of blame and the alternative well.
Javier García's curator insight, December 29, 2017 7:12 PM
Thought provoking piece by Martin Binks , former dean of Nottingham University Business School , here. He gives two examples which illustrate the dangers of blame and the alternative well.
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2017 Edelman Trust Barometer

The 2017 Edelman TRUST BAROMETER reveals that trust is in crisis around the world. The general population’s trust in the institutions of business, government, NGOs, and media declined broadly, a phenomenon not recorded since Edelman began tracking trust in 2001. 

 


Via Kenneth Mikkelsen
Steve Bax's insight:
Fascinating. 
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Kenneth Mikkelsen's curator insight, January 17, 2017 5:34 PM

The implications of the global trust crisis are deep and wide-ranging. It began with the Great Recession of 2008, but like the second and third waves of a tsunami, globalization and technological change have further weakened people’s trust in global institutions. The consequence is virulent populism and nationalism as the mass population has taken control away from the elites.

 

Key findings from the 2017 Trust Barometer include:

 

  • Trust in business (52 percent) dropped in 18 countries, while NGOs (53 percent) saw drop-offs as high as 10 points across 21 countries.

 

  • Employees, on average, are trusted 16 points more than CEOs on messaging around employee/customer relations (53 percent), financial earnings (38 percent), crises (37 percent), innovation (33 percent), industry issues (32 percent) or programs addressing societal issues (30 percent).

 

  • Half of the countries surveyed have lost faith in the system, led by France (72 percent) and Italy (72 percent), Mexico (67 percent), South Africa (67 percent) and Spain (67 percent).

 

  • Trust in traditional media fell 5 points to 57 percent, the steepest decline among platforms since 2012, followed by social media (41 percent), which dropped three points. By contrast, online-only media (51 percent) received the biggest bump in trust at five points.
Sergey Pavlov's curator insight, January 20, 2017 8:10 AM
Interesting presentation
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End of the supermarket queue? Amazon opens futuristic shop with no tills or cashiers

End of the supermarket queue? Amazon opens futuristic shop with no tills or cashiers | marketing leadership and planning | Scoop.it
Long queues at the supermarket could soon become a distant memory after Amazon unveiled a grocery store without tills or barcode scanners.
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Steve Bax's curator insight, December 6, 2016 4:10 AM
Due to open to the public next year. Amazon continue to innovate in their market space.
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More than a quarter of UK warehousing let this year was taken by Amazon

More than a quarter of UK warehousing let this year was taken by Amazon | marketing leadership and planning | Scoop.it
Rhiannon Bury
Steve Bax's insight:
No surprises perhaps but the dominance in the market is impressive.
Rhiannon Bury reports "Such was Amazon’s dominance in the market that it was behind 82pc of deals done with online retailers in 2016, research from property agency Savills has found...Web sales are projected to make up more than a fifth of UK retail by the end of the decade."
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9 Things to Do When You’re Feeling Burned Out

9 Things to Do When You’re Feeling Burned Out | marketing leadership and planning | Scoop.it
Burnout can be caused by one big factor or a combination of small annoyances that build up over time. It can leave you physically and mentally unable to focus on day-to-day tasks, and you certainly will struggle to focus on long-term goals.

Related: How Successful People Beat Stress 

But you can take back control of your day, by taking on new challenges and finding healthy coping mechanisms for normal daily stressors. We asked members of the Young Entrepreneur Council for tips on how they avoid burnout.

Via David Hain
Steve Bax's insight:
Some very good reminders on how to combat stress and burn out here.
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David Hain's curator insight, November 1, 2016 4:05 AM

Some useful tips for handling excessive pressure - at least one for everyone...

donhornsby's curator insight, November 2, 2016 10:51 AM
But you can take back control of your day, by taking on new challenges and finding healthy coping mechanisms for normal daily stressors. We asked members of the Young Entrepreneur Council for tips on how they avoid burnout.
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The Changing Face of Executive Education

The Changing Face of Executive Education | marketing leadership and planning | Scoop.it

Uber has disrupted the taxi industry, Airbnb the hotel industry and Facebook has disrupted the media industry. These are significant shifts which are transforming business and society, with the respective organizations becoming ultra-successful by responding to the changing needs, preferences and values of consumers. So, what about the executive education industry, is that being disrupted?

 

Executive education is a massive industry, in the US alone companies spend $14 billion (€12.5 billion) annually on leadership development, the primary providers being business schools. But whether the providers of leadership development programs are meeting the satisfaction and needs of their target audience remains to be an open question.


Via Sally Brownbill
Steve Bax's insight:
Interesting blog and scoop by Sally Brownbill
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Sally Brownbill's curator insight, October 24, 2016 11:10 AM

The latest blog from Emerging World takes a look at the changing face of executive education. 

 

We are currently seeing changes to many industries in response to consumer needs and preferences. This blog piece looks at the leadership development needs of organizations and how those requirements are disrupting the executive education industry. 

 

Emerging World

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How Microsoft Uses a Growth Mindset to Develop Leaders

Research shows that managers see far more leadership potential in their employees when their companies adopt a growth mindset — the belief that talent should be developed in everyone, not viewed as a fixed, innate gift that some have and others don’t. But what are those organizations doing to nurture their talent?

To explore this question, let’s look at Microsoft, which is deliberately creating a growth-mindset culture and, in that context, rethinking its approach to development. As a result, previously unidentified — yet skilled — leaders are rising to levels they might not have in a traditional development model.

The CEO is generally the bellwether of a company’s culture, and under Satya Nadella’s leadership, Microsoft is emphasizing learning and creativity. Nadella believes this is how leaders are made, and that idea is reflected in several programs, which we’ll describe here.


Via David Hain
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David Hain's curator insight, October 9, 2016 5:00 AM

Th growth mindset may just be the most important thing any leader can practice to make positive difference!

Ron McIntyre's curator insight, October 9, 2016 3:28 PM

I agree with the concept, just not sure how well MS follows this corporately.

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Strategy Insights

BCG's insight on strategy shows companies how to win by matching their approach to their environment.
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The 15 coolest offices in the world

The 15 coolest offices in the world | marketing leadership and planning | Scoop.it
Office design from Hootsuite, Google, Lego and others
Steve Bax's insight:
Some very inspiring work spaces here. Which is your favourite?
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All big banks could follow RBS and send rates negative

All big banks could follow RBS and send rates negative | marketing leadership and planning | Scoop.it
RBS and NatWest’
Steve Bax's insight:
Potential impact on the marketing environment
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Corporate International Service Learning Increases Employee Engagement

Corporate International Service Learning Increases Employee Engagement | marketing leadership and planning | Scoop.it

Engagement is defined as an employee's positive or negative emotional attachment to a job, to colleagues and to an organization. Being fully engaged at work profoundly influences an employee's willingness to learn and perform - and has real impact on a company's bottom line. According to Gallup’s State of the American Workforce “Engaged employees make it a point to show up to work and do more work” (http://news.gallup.com/reports/199961/7.aspx, 2016) and the report shows that highly engaged business units benefit from: 

 

41% reduction in absenteeism17% increase in productivityEngaged workers that are more likely to stay with their employer10% increase in customer metrics20% increase in sales

 

With data like this, it is no surprise that companies are interested in finding ways to increase employee engagement, and Corporate International Service Learning (CISL) programmes provide a powerful way of doing this, as research from our 2017 CISL Impact Benchmark Study shows.


Via Sally Brownbill
Steve Bax's insight:
Interesting Scoop on Corporate International Service Learning and its impact on engagement by Sally Brownbill
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Emerging World's curator insight, November 16, 2017 5:46 AM

The 2017 CISL Impact Benchmark Study, published in September, is the latest research from Emerging World. The Study uses data from 688 employees of six companies to look at the longer-term impact of Corporate International Service Learning programmes on participants and the associated return on investment for their companies.  

 

Following the publication of the 2017 CISL Impact Benchmark Study, we have conducted further analysis to provide more insight and learnings from the research. This blog takes a closer look at how Corporate International Service Learning (CISL) impacts employee engagement, and how programme design can make a difference to the level of impact seen.

 

To put the 2017 CISL Study research findings into practice Emerging World is running a Cross-company CISL Experience in May 2018. The programme, which will take place in Kenya, uses the results of the 2017 CISL Impact Benchmark Study to guide programme design and harnesses methodology that we have employed across successful programmes with global organisations such as Microsoft and Salesforce.

 

To learn more about the Cross-company CISL Experience click here.

 

Emerging World

 

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Worldwide Coaching Magazine, a digital resource for coaches on the go!

Worldwide Coaching Magazine, a digital resource for coaches on the go! | marketing leadership and planning | Scoop.it
Where does the algorithm see you in 10 years? This was the intriguing title in a recent Fortune Magazine article by Jennifer Alseven. In it she gave an example of how Artificial Intelligence (AI) software helped an overwhelmed CEO of a rapidly growing company with sifting through towering stacks of résumés.

The software helped speed up the vetting process by providing online simulations of what applicants might do on their first day as an employee.

Companies are using AI to assess human qualities, drawing on research to analyse everything from word choice and micro gestures to psycho-emotional traits and the tone of social media posts.

So what does this mean for the coaching profession?

In this edition we try to answer that question by taking an in-depth look at AI and the possible effects it can have on coaching.

How can we prepare ourselves and turn this challenge into an opportunity?

Via David Hain
Steve Bax's insight:
Can AI replace the need for coaching? Can it speed up the vettng process for recruitment purposes? Some real food for thought here. 
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David Hain's curator insight, June 30, 2017 5:22 AM

AI will disrupt most industries. Articles here on what that might mean might mean for coaches and coaching.

Steve Bax's comment, July 3, 2017 6:00 AM
Fascinating. Thanks David.
Ron McIntyre's curator insight, July 5, 2017 10:57 AM

Surviving AI and robots will require adaptation and flexibility which is in short supply in today's workforce.  Interesting.

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MBAs as CEOs: Some troubling evidence | Henry Mintzberg

MBAs as CEOs: Some troubling evidence | Henry Mintzberg | marketing leadership and planning | Scoop.it
Business schools have become enormously successful, in some respects deservedly so. They do a great deal of significant research (Harvard now especially so). In universities, they are centers of interdisciplinary work, bringing together psychologists, sociologists, economists, historians, mathematicians, and others. And their MBA programs do well in training for the business functions, such as finance and marketing, if not for management. So why do they persist in promoting this education for management, which, according to mounting evidence, produces so much mismanagement?

The answer is unfortunately obvious: with so many of their graduates getting to the “top”, why change? But there is another answer that is also becoming obvious: because at this top, too many of their graduates are corrupting the economy.7


Via David Hain
Steve Bax's insight:
Fascinating. Makes for very concerning reading. 
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David Hain's curator insight, March 20, 2017 6:41 AM

Henry Minzberg on a crusade against Business Schools and the Holy Grail of the MBA!

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Secret Ingredient for Success

Secret Ingredient for Success | marketing leadership and planning | Scoop.it

During the 1970s, Chris Argyris, a business theorist at Harvard Business School (and now, at 89, a professor emeritus) began to research what happens to organizations and people, like Mr. Chang, when they find obstacles in their paths.

Professor Argyris called the most common response single loop learning — an insular mental process in which we consider possible external or technical reasons for obstacles.

Less common but vastly more effective is the cognitive approach that Professor Argyris called double-loop learning. In this mode we  question every aspect of our approach, including our methodology, biases and deeply held assumptions. This more psychologically nuanced self-examination requires that we honestly challenge our beliefs and summon the courage to act on that information, which may lead to fresh ways of thinking about our lives and our goals.

In interviews we did with high achievers for a book, we expected to hear that talent, persistence, dedication and luck played crucial roles in their success. Surprisingly, however, self-awareness played an equally strong role.

The successful people we spoke with — in business, entertainment, sports and the arts — all had similar responses when faced with obstacles: they subjected themselves to fairly merciless self-examination that prompted reinvention of their goals and the methods by which they endeavored to achieve them.


Via David Hain
Steve Bax's insight:
Self awareness is very important for achieving success. 
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David Hain's curator insight, January 19, 2017 4:46 AM

Look deep into that mirror in front of you - and reframe or reinvent what you don't like!

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How Artificial Intelligence Will Redefine Management

Based on a survey of 1,770 managers in 14 countries.
Steve Bax's insight:
Very stimulating article scooped by David Hain onto Coaching Leaders. Some key comments in here from the HBR article:

"Managers use their knowledge of organizational history and culture, as well as empathy and ethical reflection. This is the essence of human judgment — the application of experience and expertise to critical business decisions and practices. 

One company that is trying to address these opportunities is Kensho Technologies, a provider of next-generation investment analytics. Its system allows investment managers to ask investment-related questions in plain English, such as, “What sectors and industries perform best three months before and after a rate hike?” and get answers within minutes. Picture how such technologies could support individuals and teams of managers in assessing decision consequences and exploring scenarios. 

 The managers we surveyed recognized the value of judgment work. But they undervalued the deep social skills critical to networking, coaching, and collaborating that will help them stand out in a world where AI carries out many of the administrative and analytical tasks they perform today".

Worth a read for all managers and leaders.
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Digital Leadership Is Not an Optional Part of Being a CEO

Digital Leadership Is Not an Optional Part of Being a CEO | marketing leadership and planning | Scoop.it

What does digital leadership look like?

 


Via Kenneth Mikkelsen
Steve Bax's insight:
Very good article by Josh Bersin in HBR here. In addition to the comment from Kenneth Mikkelsen, I find the comment on the importance of culture very interesting. 
Bersin says "As we’ve studied digital leadership over the last few years, we find something else important: Culture is key. Success is largely dependent on people sharing information with each other, partnering, and continuously educating themselves. This is able to happen when you build a collective, transparent, and deeply shared culture. CEOs who are digital leaders are continuously reinforcing the culture, communicating values, and aligning people around the culture whenever something goes wrong." The shift to more use and sharing of metrics is revealing too.
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Kenneth Mikkelsen's curator insight, December 4, 2016 8:22 AM

Study shows that 90% of executives believe their businesses are being disrupted or reinvented by digital business models, and 70% believe they do not have the right skills, leader, or operating structure to adapt. It’s not a good position to be in.

 

Mark Edwards's curator insight, December 4, 2016 3:38 PM

Study shows that 90% of executives believe their businesses are being disrupted or reinvented by digital business models, and 70% believe they do not have the right skills, leader, or operating structure to adapt. It’s not a good position to be in.

 

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5 Common Mental Errors That Sway You From Making Good Decisions

5 Common Mental Errors That Sway You From Making Good Decisions | marketing leadership and planning | Scoop.it
I like to think of myself as a rational person, but I’m not one. The good news is it’s not just me — or you. We are all irrational.
For a long time, researchers and economists believed that humans made logical, well-considered decisions. In recent decades, however, researchers have uncovered a wide range of mental errors that derail our thinking. Sometimes we make logical decisions, but there are many times when we make emotional, irrational, and confusing choices.
Psychologists and behavioral researchers love to geek out about these different mental mistakes. There are dozens of them and they all have fancy names like “mere exposure effect” or “narrative fallacy.” But I don’t want to get bogged down in the scientific jargon today. Instead, let’s talk about the mental errors that show up most frequently in our lives and break them down in easy-to-understand language.
Here are five common mental errors that sway you from making good decisions.

Via David Hain
Steve Bax's insight:
A good, easy to read article by James Clear that is useful both for self awareness and understanding the behaviour of others. Helpful for leaders and researchers alike!
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David Hain's curator insight, November 14, 2016 10:47 AM

More on decision making - common mental traps that fool us!

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How do you inspire your people to innovate

How do you inspire your people to innovate | marketing leadership and planning | Scoop.it
Innovative companies enjoy a positive feedback loop: they have a clear purpose which attracts creative employees, and their unique culture nurtures passion in their teams, which drives them to be more inventive.

Via Cambridge Marketing College
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Steve Bax's comment, October 27, 2016 2:54 AM
Very good article. Key take-aways include:
Steve Bax's comment, October 27, 2016 2:54 AM
"Unsurprisingly, the ‘world-changer’ and ‘risk-taker’ groups are vital for disrupters. These are the characters who challenge norms, disrupt the organisation from the inside, and generally ‘make a ruckus’ , as best-selling business and entrepreneurship author Seth Godin puts it.

Edward Twiddy, chief innovation officer for Atom Bank, a digital-only bank based in the UK, says there is a certain type of personality who can drive innovation. “We can spot them immediately when they turn up,” he says. “They are the ones who are desperate to break out of norms and see ways to do things better.”

“The biggest lesson we learned about building an innovative culture is that you shouldn’t make projects so big that the individual contribution is lost,” says Mr Twiddy. Instead every project is broken into small chunks, which gives people ownership of their work while letting them try out lots of ideas quickly. He believes this supports the company’s innovation culture."
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As Work Changes, Leadership Development Has to Keep Up

As Work Changes, Leadership Development Has to Keep Up | marketing leadership and planning | Scoop.it

As work itself is changing, some of the basic tenets of leadership development are being challenged. The very idea of leading people in jobs is changing with the democratization of work and the continued advance of digital technology. These twin forces are moving work beyond the traditional structure of activities that are organized into stable jobs within a siloed organization. Work is being disaggregated into tasks that can be dispersed inside and outside of the organization — the “uberization” of work.

And as AI and robotics increasingly supplement and replace the work of humans, the expectations of leaders — truly understanding the work, how it can be executed now and in the future, and the cost, capability and risk implications of current and future work options — are increasing exponentially.

To meet these challenges, we see three priorities for developing the next generation of leaders in the “work-disrupted” age:

 

·         Mastery of Digital

·         Beyond-the-Classroom Experiences

·         Expert Coaching


Via Sally Brownbill
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Sally Brownbill's curator insight, October 12, 2016 4:48 AM

A view of work changes that have disrupted the tradition leader role. From advances of digital technology to the types of people forming the workforce, the article suggests three priority areas for leadership development focus.

 

Emerging World

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A Leader’s Guide To Executive Coaching

A Leader’s Guide To Executive Coaching | marketing leadership and planning | Scoop.it
Are you preparing to embark on an executive coaching programme?

If so, then this has been written with you in mind, to get the very best from the coaching relationship.

There is little written to which people can turn that is specifically for them to make sense of, understand and be a collaborative partner in the coaching arrangement.

Hence I’ve written this short guide for anyone, of any profession, planning to engage with coaching where the focus is on senior leadership development.

Via David Hain
Steve Bax's insight:
Very good set of questions to ask a potential coach here. 
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David Hain's curator insight, September 26, 2016 3:37 AM

Great 5 minute read from @kjcoach Kevin Watson on how to get the best from working with a coach. If you're not, you should be!

Javier García's curator insight, December 29, 2017 7:13 PM
Very good set of questions to ask a potential coach here. 
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Leadership challenges growing faster than skills

Leadership challenges growing faster than skills | marketing leadership and planning | Scoop.it

Since the 2011 earthquake and tsunami in Japan, Daiichi is still dealing with radioactive waste left behind. Less well known is the crisis at Fukushima Daini, a nearby sister plant, which also suffered severe damage, but averted meltdown. 


Faced with a crisis in a volatile environment, where none of the usual rules applied, the site superintendent, Naohiro Masuda, and the rest of Daini’s 400 employees charted their way through the chaos as models of adaptive leadership: standing in the truth and uncertainty of the situation, creating a sense of safety so as not to rush into reaction, together continuously gathering/sharing information to make sense of the situation, making and revising plans openly and adapting as the information changed.

While an extreme example of leadership in a crisis situation, the Fukushima story illustrates that leadership matters and can be a great advantage for an organisation.


Via Sally Brownbill
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Sally Brownbill's curator insight, September 22, 2016 4:38 AM

This article demonstrates how leaders are currently face escalating challenges in a world characterised by volatility, uncertainty, complexity and ambiguity (VUCA) using the example of the 2011 earthquake and tsunami in Japan.

 

The article discusses the most effective ways to develop leaders in order to solve problems in this type of environment. Particularly interesting, is the emphasis on action learning as a powerful tool to help leaders look at issues differently and build competencies to improve performance and solve real-world issues.

 

Emerging World

Sally Brownbill's comment, September 22, 2016 5:52 AM
Thank you for sharing Yves
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The ‘Adaptable Leader’ is the New Holy Grail — Become One, Hire One

The ‘Adaptable Leader’ is the New Holy Grail — Become One, Hire One | marketing leadership and planning | Scoop.it
The Mind of the Constant Learner

There are three distinct mindsets that allow new employees and leaders to become constant learners: the Gamer Mindset, the Beginner Mindset, and the Growth Mindset. Knowing all three can provide a framework that throws your personal switch to “LEARN” when you need to rapidly adapt and get to work.

Via David Hain
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David Hain's curator insight, September 7, 2016 5:15 AM

Great article on mindsets for success - and when to adopt them!

Ron McIntyre's curator insight, September 7, 2016 10:23 AM

Understanding the role of flexibility in leadership, without violating your personal values,  is critical to success.

Jerry Busone's curator insight, September 11, 2016 9:04 AM

The adaptable leader also called the "Off the Bench" leader