Creating Generational Legacies

Saturday, September 5, 2015

The current system will go the way of the dodo

From a Facebook feed :- Yanni Konstantinopolus....
There will be a time, hopefully soon, when we will have a social revolution and the whole political system will go the way of the Dodo. 

What will rise in its place? I think it's time for the obvious - a humanitarian system, because, lo and behold, we are all humans, and, as such, we need a system that is relevant to us, engages us and looks after us - all of us.

The political systems seems only to take care of the politicians, anybody else that benefits seems to do so by an off chance that doesn't often last.

My comment:- 
Progress starts with desire!
We need a system that is relevant to us, engages us and looks after all of us! - Luvit - is the current mode of 9-5 jobs doing it for us? Are jobs for pay necessary to live a fulfilling life ?  #i4j #burningman

What do you think?

Wednesday, September 2, 2015

Why does gender Equality Exist in Leadership

Great insights by Kala Philip - General Manager BSI Learning 

Since organisations in the top tier of financial performance have more women in leadership roles, why does gender inequality still exist in leadership?

After reading the research undertaken by DDI Worldwide regarding diversity and gender inequality I was very keen to learn more about why this underrepresentation exists. Therefore I decided, with one of our directors, to sponsor the American Chamber of Commerce Women in Leadership Executive Tutorial to learn more about gender inequality in leadership.
My colleague Kerry Metcalfe-Smith, Director Organisational Development, BSI Learning opened the tutorial with the Current Situation of Women in Leadership. Following Kerry was Tanya Gilerman, Partner, Financial Services, Audit, KPMG who discussed how KPMG Create an Environment to Support, Mentor, Retain and Grow Women in Leadership Roles.
Kerry had undertaken substantive research into gender inequality in leadership roles and presented to us the Leaky Pipeline. Her research uncovered that organisations lose 50% of women at each hierarchical level of management, and this was supported by the AICD findings in 2012 that men are nine times more likely to be promoted into senior executive roles than women.
The question is, why does a leaky pipeline exist?
 Kerry presented two interesting findings:
  • Workforce participation affects leadership roles - more women work part time and casual hours than men (DDI Worldwide)
  • Midcareer confidence - aspiration and confidence is low to move into top management (DDI Worldwide)
However, is it fair to ask women to take on leadership roles whilst they are working part time?
And is it also realistic for companies to provide their leaders with flexible working hours when they need them to lead and develop high performing teams?
 Kerry listed a number of solutions for organisations including:
  • Providing sponsorship and development opportunities for women
  • Removing the barriers to appointing more women into leadership roles
  • Focusing on the middle talent pipeline - to avoid the Leaky Pipeline
  • Promoting flexible working practices
  • Making every manager accountable for building an inclusive culture.
Kerry’s solutions explicitly suggest that part time work/flexible hours should not be creating gender inequality in leaders.
OK Kerry, that’s all well and good in theory but how does it work in real life?
Enter Tanya Gilerman of KPMG. Tanya presented to us the ways in which a global consulting firm has increased their number of women leaders due to the vision of KPMGs CEO regarding gender equality in leadership. In June 2015, of the 51 new partners appointed, 56% of internal partner promotions were women, and some of them were on maternity leave
"Leadership", Tanya announced, "is about the job, not the gender." KPMGs goal is to not lose talent. They want to invest in their people and provide all team members equal opportunities for promotion regardless of their personal situation and need for flexible hours. The consequence of not doing so is the loss of productivity, innovation and talent.
 So as Tanya spoke it became increasingly evident that Kerry’s solutions were indeed realistic. Below are a number of points Tanya shared regarding supporting women in leadership: 
  • Provide flexible return to work arrangements to include: 
    • Working from home
    • Reduced work load after returning to work
    • Access to phone and computer to keep in touch with the team during leave
  • Future Leaders Program - which fast tracks high performers with access to senior leaders as mentors. If the gender ratio is not equal for this group, the company has to rethink its choices.
  • Challenge the organisational culture. Just because somebody is working three days a week, male or female, why can they not be promoted?
KPMG, like any other organisation, they want to promote the best person for the job. But the real difference I saw, and Tanya demonstrated was that KPMG want to give women and men the same opportunity to develop into the best person for the job, regardless of their personal needs.
I’ll leave you with a takeaway from KPMG, the “If not, then why not?” question leaders must ask themselves. For instance:
 If there aren’t part time leaders in your organisation, then why not?
If there aren’t flexible working arrangements in your organisation, then why not?
 When you have great talent you need to hold onto, why let traditional definitions of a workweek let them slip through your fingers?

Tuesday, September 1, 2015

What can we learn from the Japanese

From thought Leader Curtis Carlson

See the text below.  This is a remarkable book.  Only a Japanese could write those words but, as is typical, they have great meaning.  No wonder the head of Toyota is having everyone read it.  

I always thought that our employees at SRI were the most important.  In a very real way I loved them.  I had enormous respect for them and they inspired me every day.   Management’s major responsibility is to grow the company and make sure that no one is unfairly threatened by the company’s poor performance.  I didn’t always succeeded and it broke my heart every time I failed.   If we helped our staff to do the right things I also knew that they would put our customers first.  Paradoxical for some I know — but true.  I wanted them to do important things that would give their professional life meaning — a powerful form of “happiness" for technical professionals.  I also wanted to make sure they had essential value-creation skills so that they could be successful and control their careers, not someone else.  I was sure that if we helped them do these two things SRI would do well.  

From the book.
"My sole focus in managing the company has been to ensure that it endures, because I believe a company' s greatest virtue is endurance. To be perfectly honest, for the first 20 years, I had no spare time to think about such things. I was simply desperate to survive and keep the company going. I think it was about 25 years after joining the company, when the pressure finally began to ease a bit, that I started thinking about why companies exist and what corporate growth really means. The conclusion I reached after pondering such questions for years is that a good company exists to make its employees happy, thereby contributing to its local community and society at large. I realized that endurance was the most important part of making this happen, because if the company fails to endure, the happiness of its employees will come to an abrupt end. 

Seek Not to Be a Successful Company, But a Good Company 
Having decided that a company exists to make its employees happy and that a company' s greatest virtue is endurance, I began to entertain doubts about the conventional wisdom of what defines successful management. Doctrines emphasizing sales above all, the expansion of profits, or market capitalization seem all too often to come at the expense of employee happiness. It is impossible to manage a company whose sales do not grow, and in the absence of profits, a company' s very survival may be in doubt. Yet, once you make increased sales and profits your sole objective, employee happiness becomes secondary. In short, you start to think about how profits could be effectively raised by reducing labor costs and welfare expenditures, or by cutting back on activities that give back to the community and support culture and the arts. This seems completely backward to me. Management is all about finding a balance between the company' s numbers and the happiness of its employees. "

Hiroshi Tsukakoshi;  Hart Larrabee. Tree-Ring Management (JAPAN LIBRARY).  Kindle Edition.