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Management

Conduct your business like a maestro: with purpose

By James Lee >>

WHEN A BUSINESS organises its activities around shared, motivating ideals, the effect can be as galvanising as a baton in the steady hand of a conductor leading a symphony orchestra.

One need look no further than Arturo Toscanini, the celebrated maestro and champion of human rights, to see the close connection between inspired leadership and indelible purpose.

Not perhaps since Cicero has an exile received such fanfare upon his triumphant homecoming to the Italian peninsula. When Toscanini took centre stage in 1946 at Italy’s premier opera house after eight years living abroad, he lifted not only his baton but also the hopes and aspirations of a war-torn nation.

Loudspeakers atop buildings and lampposts amplified the concert through the streets of Milan, heralding the return of civilisation itself to a beleaguered continent — and bringing Italians to their feet in a thunderous crescendo of applause and renewed spirit. 

As a concert pianist and classical music aficionado, I suspect the world may never again witness a conductor as consequential as Toscanini.

But as the chief operations officer of SAP Ariba and SAP Fieldglass — the premier global business networks for the procurement of goods and services, respectively — I recognise in the maestro’s legacy an ethos of conscience and purpose that lives on.

It is a legacy we all can emulate. For technology makes it easier today than ever before to align values with actions, particularly in the commercial sphere.

UP TEMPO BUSINESS

In operations management, the objective is much the same whether conducting an orchestra or running a cloud software business: ensure harmony among disparate yet complementary participants, minimise risk to synchronised production, and maintain the flexibility necessary to accommodate shifting customer demand.

But Toscanini understood that these structural fundamentals were insufficient to create beautiful music.

The woodwinds and strings may be perfectly attuned. The brass and percussion may echo a flawless counterpoint. The musicians’ technique may be first-rate. But what if there’s no passion? What if the orchestra lacks a unifying, uplifting purpose?

The absence of passion — the ambiguity of purpose — can sully any worthwhile endeavour, whether in music, business or human relationships.

Musicians infuse passion into their playing by summoning their deepest emotions. Similarly, businesses instill purpose into their operations by embracing the brand values held dear by their customers, investors, employees and other stakeholders.

But can purpose be measured? Fortunately for business leaders, it can. 

GO DIGITAL ON PURPOSE

Digital networks provide precisely the mechanism they require, particularly when seeking to gauge the ethical, sustainable business practices of their trading partners. Aided by cognitive technologies, these networks are transforming business-to-business commerce, lending newfound transparency to the interconnected operations of buyers and suppliers.

At the same time, operations leaders are harnessing the power of data to gain visibility not only into traditional business metrics such as inventory turns, cycle times and utilisation rates, but also into socially pressing questions such as:

Does a potential trading partner keep its supply chain clear of forced labor? 

Has it established a record of responsible stewardship of the environment?

To what extent does the company award business to firms owned by historically underrepresented groups?

How consistently does it uphold humane working conditions in the various parts of the world in which it operates?

The transparency afforded by cloud-based networks answers these and dozens of other compliance-related questions. Meanwhile, this same visibility enables trading partners to collaborate in real time, extend competitive advantage, and innovate to create mutual value, even when the value chain stretches to far-flung corners of the globe.

No matter the physical distance it spans, a digital network — not unlike an orchestra conductor — marshals the precision, intricacy and capabilities of participants to create value far greater than the sum of the constituent parts.

Best of all, digital networks, unlike business leaders or musicians, never deviate from the task at hand.

Toscanini once observed, “After conducting a concert in a small town, I received the following note from a farmer who had attended the performance: ‘Dear sir, I wish to inform you that the man who played the long thing you pull in and out only did so during the brief periods you were looking at him.’” 

Visibility, whether across an orchestra’s musicians or a digital network’s millions of buyers and suppliers, is essential for any leader to produce consistent, harmonious, purpose-driven results.

When it comes to connected commerce, real orchestration is required to lend enterprises the digital capabilities necessary to broaden their insights and achieve superior outcomes.

Now that’s conducting digital business at a whole new tempo.

www.ariba.com

www.fieldglass.com

James Lee is chief operating officer for SAP Ariba, the world’s largest business network, linking together buyers and suppliers from 3.6 million companies in 190 countries, and SAP Fieldglass, a longstanding leader in external talent management and services procurement used by organisations in more than 180 countries. He is also an accomplished concert pianist. SAP Fieldglass describes is role as being ‘ to find, engage and manage all types of flexible resources’. 

 

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Climate change is ‘risky business’ for your supply chain

By Paul May >>

THE ENVIRONMENTAL cost of natural disasters is now an almost daily feature on the news agenda, yet many businesses are still doing little to address their own vulnerability.

It’s not difficult to see why natural disaster management often falls by the wayside. By its very nature, an unpredictable event is not something your business can control. In the face of more pressing issues and the next earnings season, it’s easy for events like natural disasters to be relegated to the end of a ‘to do’ list.

But these assumptions, like the weather, are changing as extreme events make the threat increasingly impossible to ignore. Just this year there’s been a mass fish death, floods in Townsville, bushfires across Tasmania and we recorded the hottest month in our national history. 

Some of our biggest local brands are already factoring in this risk. Telstra is preparing for the impact of bushfires on phone towers, Crown is flood-proofing its casinos and BHP is protecting itself against cyclones that could seriously disrupt its iron ore exports.

The rising number and severity of extreme weather events looks sure to continue. According to the CSIRO’s 2018 State of the Climate report, Australia will see more extreme flooding caused by rising sea levels, wind and rain damage from tropical cyclones and increased bushfires thanks to drier weather.

Climate change is no longer just a political talking point – it’s a business reality. Mitigating the potential impact means tackling it head on.

A CONNECTED WORLD

The increased risk of natural disasters caused by climate change isn’t limited to Australia’s borders. Thanks to the global nature of supply chains, those risks spread across the region and around the world regardless of the industry your business operates in.

Given its proximity, Asia plays a key role in many Australian supply chains, particularly when it comes to low-cost manufacturing. This region encompasses some of the most disaster-prone areas on the planet – from typhoons in Hong Kong to flooding in Thailand.

While they impact every part of a business, the extended supply chain is not always the first thought when it comes to climate risk mitigation.

But it should be.

The potential financial and economic implications of natural catastrophes include a long-term negative impact on your business growth, financial security and even brand reputation.

A MATTER OF WHEN, NOT IF

The onus is on your business to assess natural disaster risk and ensure adequate resilience. This responsibility usually rests on the shoulders of executive directors and, as climate change risk becomes more obvious, this liability is fast becoming more personal.

In a landmark opinion, Sydney-based senior counsel Noel Hutley and barrister Sebastian Hartford Davis have written that there are now “significant and well-publicised risks associated with climate change and global warming that would be regarded by a court as foreseeable … large-scale firms would be expected to invest seriously in capabilities to monitor, manage and respond to climate change risks”.

They further argue that individual directors could be exposed to climate change litigation if they’re not appropriately managing risk.

It will also impact business more generally. There has been an increase in shareholder activism, where groups of advocates pressure businesses to change their approach to climate risk.

The Australian Centre for Corporate Responsibility and other groups have called for Australia’s biggest banks, utilities, insurers and miners to improve disclosure and improve risk management.

WHAT CAN BE DONE

With this growing liability, how should your business manage the increased risk posed by climate change? Rigorous analysis is key.

Understanding the vulnerabilities means decision-makers know where to act. Loss prevention measures taken proactively as part of capital allocation decisions help to futureproof your business.

Tools will come in handy here, including FM Global’s Global Flood Map. This provides a worldwide view of moderate and high-hazard flood zones but, rather than using historical and statistical data, it is based on scientific fact using parameters such as rainfall, evaporation, snowmelt and terrain.

These considerations are increasingly important as natural disasters caused by climate change continue to grow in both frequency and ferocity. As the world moves into a new era of risk, your business directors have a responsibility to ensure they’re managing it appropriately.

The likelihood of natural disasters impacting your business has never been higher. It’s time to be prepared.

www.fmglobal.com.au

Paul May is the operations engineering manager for FM Global, an international insurance group that focuses specifically on commercial and industrial property insurance and assists its client businesses to become more resilient and better prepared for natural disasters and business interruptions.

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Customer experience – CX – is the key to business success

By Leon Gettler >>

THE BIG buzzword in business is customer experience, or CX. How to attract them and keep them coming back.

Unfortunately, most businesses struggle with it. They don’t understand what it means.

Enter Tom Uhlhorn, who runs the Melbourne based Customer Experience consultancy Tiny CX. It has launched the first practical online CX course, known as the CX Academy.

It offers online and face to face services for customers. The mix of offerings includes small group workshops for start-ups and services to upskill marketing, product or cross discipline team from larger enterprises. 

Mr Uhlhorn said most businesses did not know where to begin and his academy was there to show them how to manage it.

He said customer experience stands on the shoulders of marketing and “provides a much more human centred approach to marketing and affiliated services”.

“Part of the problem is companies don’t know how to do it which is why we are feeling there is a very significant gap in the strategy and research piece,” Mr Uhlhorn told Talking Business.

“We focus on five key areas: we have brand experience, intimate understanding of customer, systems, processes and people, accountability and incorporating that into a systematic feedback loop to ensure your business remains customer centric as your business changes.”

THE EXPERIENCE ECONOMY

Mr Uhlhorn said this focus on the five key areas was the framework his company had put together as companies transition into what he called the “experience economy”.

He said the mid-market was the CX Academy’s sweet spot. It will work with challenged brands.

“We won’t work with the big four banks, we’ll work with the fifth,” Mr Uhlhorn said.

He said his company looked at sectors where there was no clear market leader and businesses had a single digit percentage of market share. This allows companies to come in and learn how to differentiate themselves in the market.

The CX Academy also attracts a lot of start-ups.

Mr Uhlhorn said a quarter of the time is spent working with start-ups, including bootstrap start-ups. 

“We don’t make money doing that,’’ he said.

“We do it because it keeps our ear to the ground in terms of the most effective way to shake the market up. We treat that as an R&D exercise.”

www.tinycx.com

www.leongettler.com

Hear the complete interview and catch up with other topical business news on Leon Gettler’s Talking Business podcast, released every Friday at www.acast.com/talkingbusiness

Warning: the most counter-productive budget you can cut

By Margie Hartley >>

WITHOUT QUESTION corporate Australia is currently collectively belt tightening and, with that, spending on the non-essentials like ‘leadership development’ and ‘team offsites’ are often the first to be cut.

Team days can have a poor reputation as either boring ‘love-ins’ or as one government sector client claimed, “a chance to run around with ice buckets on our heads”.

To be honest, when these team off-sites are done badly this is in fact an accurate, cynical yet honest assessment. So, it would seem obvious and even sensible to cut team days from the budget or at least limit the time we spend on them when times are tight. 

In fact, we should be doing the complete opposite.

To succeed in a changing and competitive global economy, organisations and their leadership teams must have a deadly clear purpose and a crisply defined ambition for their team. They need agreed values and behaviours and ways of getting things done as well as a collective agreement of the goals and priorities. They need to communicate with respectful challenge constantly and be deliberate in every move.

This is a lot to ask of a group of people who have been placed together by an organisation and who inevitably have different working styles, personal values and ways of achieving results.

To help people perform at their best together it is important to prioritise with time, discipline and money, the deliberate development of teams.

Evidence shows that when done well, team off-sites will give the greatest uplift in your team’s collective performance and if it is the most senior leadership team then it will have a dramatic improved impact on the organisation’s bottom line.

But how? To excel in a complex and uncertain business environment, people need to both achieve and learn together. For a team to be effective they need to work on two important components, clarity and connection.

TEAM CLARITY

Teams must have clarity on their ambition, purpose, goals and priorities. They need to know:

  • Why they come together;
  • What they are there to do and;
  • How they do it together.

Great teams consistently strive for clarity even though some ambiguity always exists.

As Google discovered in their five year quest for the perfect team with Project Aristotle, perhaps the most important clarity is how we work and behave together. This is the fundamental heartbeat of a team.

Finding your norms cannot be done in isolation or via email. It requires a structured and professional approach.

Nor will it happen overnight. The process is as important as the result.

Developing the heartbeat of the team takes time and effort and should be revisited often and with a critical eye.

TEAM CONNECTION

With advanced technology, flexible working arrangements, speed of work and geographically dispersed teams, disconnection in teams can occur very quickly. When teams don’t connect they often start to look like federated silos of individuals who only come together occasionally under the guise of a ‘meeting’.

Connection is so much more than coming together in a meeting environment. It’s clear and consistent communication, knowledge sharing, collaboration, genuine care and peer coaching.

Connection is about having quality conversations that promote optimal functioning.

So let me ask you ... are you clear on how and when you connect as a team? Are you trading off team connection for budget and time savings? Are you deliberate in the way you maintain the relationships across your team?

Clarity and connection are two simple to remember, yet very powerful elements to achieving a high performance team.

Neglecting the health of teams is simply not worth the perceived budget savings. Great leaders are never tempted to neglect their teams because they know the health of their organisation is at stake. 

 

Executive coach and founder of Gram Consulting Group, Margie Hartley, has launched a 14-part podcast series called Fast Track: Career Conversations with Margie Hartley. As an executive coach to 11 of the top 20 ASX-listed companies, Ms Hartley’s latest podcast focuses on the realities of career progression and includes career insights from some of Australia’s top CEOs and business leaders on how to overcome challenges and fast track your career. A new short-and-sharp 15-20 minute episode will drop each Tuesday. Visit www.podcastone.com.au.

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Encouraging staff to channel their specialist skills to boost productivity and innovation.

By Bruce Stronge >>

HIRE good people and place them in roles that play to their skills and strengths. Sounds like common sense, right? Bakers bake; designers design; and fitness trainers train.

Far too often, though, staff find themselves shoehorned into positions that don’t fit, placed on career paths that don’t lead to their end goal and tasked with jobs that fall outside their areas of specialisation.

Take, as an example, the successful 12RND fitness franchise.

Business is booming and they’re welcoming new franchisees at a growing rate.

Even with the support afforded by a franchise model, it can still feel daunting to build a new business from scratch.

12RND acknowledges this and uses Outfit to pull together launch kits with all the marketing and branding material new franchisees need.

Most of these franchisees are fitness instructors and personal trainers with little idea of how to engage a marketing agency or produce their own campaigns from scratch. 

12RND automates everything – it now takes only 10 minutes to launch the marketing for a new franchise – so owners can focus on what they’re talented in and that’s fitness and training.

When you look at the DNA of successful small businesses – be it a local gym or a tech startup with a global footprint – you’ll see the importance placed on organising teams and implementing frameworks so staff can self-manage and play to their strengths.

On this last point, there are incredible gains to be made when businesses let good people apply their unique know-how and follow their passions to investigate and innovate.

Staff should be encouraged to experiment and to trial new and better ways to do things, even if this occasionally ends in failure.

Sometimes the only outcome from experimentation is the absolute assurance that something can’t be done, but even that can be spun as a positive result.

LEAD BY EXAMPLE

Innovation needs to come from the top down and business leaders and owners need to lead by example.

The idea for Outfit – a cloud-based platform to automate the production of digital and print marketing materials – was conceived at a ‘hack day’ I held at my software consulting business, NetEngine.

It was the result of letting good people tap into their specialist skill set to innovate, create and experiment over beers on a Friday.

Outfit, in turn, lets design teams focus on designing, creating and innovating by removing the need for menial, monotonous and repetitive tasks.

Like 12RND and its team of talented trainers, so many businesses employ smart, talented designers and then, by necessity, have them spend most of their day on Photoshop, resizing images rather than focusing on the thing they are trained and talented in, and that’s being creative.

That ethos flows into the reason we built Outfit: to help employers reap the benefits of encouraging and channelling staff into their areas of speciality.

Often, business owners feel overwhelmed by the work they think is needed to transform their business, the budget required to innovate, and the time needed to structure teams so every member is playing to their individual strengths.

It doesn’t have to be a daunting task and sharing a company’s vision and business goals with staff is a sure-fire way to inspire them: transparency engenders trust and loyalty.

From an employer’s perspective, share plans and visions, thoughts and ideas, even business costs and revenue details with staff.

In turn, encourage team members to share their own passions, interests and ultimate career goals and empower them to suggest how they can best utilise their skills and specialities.

Even if now is not the optimum time to experiment or take a risk, make innovation and evolution a priority and share ideas with your team so they realise its importance and are perhaps inspired to develop their own ideas and solutions.

Sometimes they’ll surprise you!

https://outfit.io

Bruce Stronge is the founder and CEO of Outfit, the brand automation and marketing production platform transforming how businesses and agencies large and small create, collaborate, localise and distribute brand assets. More than 1,200 clients from across 40 countries use Outfit to reduce production costs, streamline workflow, allow for better team collaboration and accelerate campaign launches while guaranteeing brand consistency.

Dunn with workplace bullying

PAULA DUNN’s personal experience with bullying has been the driving force behind her professional life – and now she’s on a mission to make most workplaces healthier places to be.

The founder of No Limits Consulting has seen, first-hand, the damage bullying and toxic workplace behaviour has had on people’s mental health.

Ms Dunn has been on the toxic end of bullying herself. Born with a cleft palate, school was a nightmare for her and the workplace not much better.

That’s her motivation for wanting to teach businesses and leaders how to handle bullying in the workplace and manage derailing behaviours.

“There are many initiatives promoting mental health awareness, which is the first step,” Ms Dunn said. 

“However, education is still required to help leaders learn and implement the tools they need to create a healthier work environment.”

The impacts of bullying and derailing behaviours in Australian workplaces can be dire, according to Paula Dunn – from toxic cultures and low staff morale to negative impacts on business operations and financial returns.

“It’s my mission to ensure business owners and employees utilise their strengths to harness the right work attitudes in relation to their authentic selves to minimise bad behaviours that can cripple a company’s bottom line,” she said.

Ms Dunn’s business, No Limits Consulting, was a recent Finalist in the NSW Business Chamber’s prestigious 2018 Business Awards, in the Startup Superstar category.

“I didn’t intend to go out and start a business from scratch. I wanted to be a great leader within larger organisations,” Ms Dunn said.

“However, as a result of experiencing bullying in the workplace, I realised I couldn’t influence culture in a positive way while working for a company – nor did I want to remain on the sidelines. I decided I wanted to influence culture from the outside in. No Limits Consulting was born.”

Ms Dunn’s business card describes her role as a ‘business operations consultant – people and culture’.  

She can lay claim to a 17-year proven track record for growing high performing teams and delivering successful business outcomes.

Throughout her career in the medical industry, Paula Dunn forged a passion for leadership and development of individuals and teams, along with an ability to use innovation and creativity to achieve leading edge results.

Today, Ms Dunn has transitioned her career into leadership and business consulting, integrating scientific research and leadership abilities “as well as developing strong business acumen to enable consistent delivery of projects and people management solutions,” she said.

www.nolimitsconsulting.com.au

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Looking at business through a ‘systemic’ lens changes your perspective on everything

By Joan Lurie >>

WHEN there is conflict, dissonance or underperformance in an organisation, we assume that there is a problem with the person, be it their values, their personality, style, competence or ‘bias’.

This may at times be true to some degree, however, if we jump paradigms and understand behaviour from a systemic lens, then we start to understand our presenting problems in a different way, and our solutions and interventions to address these become quite different.

Our current understanding of behaviour in organisations is largely based on a psychological or interpersonal framework.

In a systemic lens it is assumed that problematic behaviour and underperformance lies in the system or context rather than the individuals alone. 

By ‘system’ I don’t mean the technical systems and processes of our organisations, the most widely accepted meaning currently. The ‘system’ is the complex web and patterns of interrelating between the members or parts of the organisation and the roles that they play.

When looking through a systemic lense at problems facing an organisation, we can create very different outcomes and results both for people, as well as for our organisations’ culture and ability to perform and thrive. This can be explained through an example of a client I have worked with recently.

THE ‘PROBLEMATIC’ COO

Joe works for an Australian division of a successful global multinational company. He is technically very competent as well as being a great leader.

He had come up through the ranks of the company over years of dedicated service, and was extremely well respected by his team and peers. He was flagged as high potential talent. So much so that when his manager, the CEO of the Australian business and director of the Asia Pacific (APAC) region, was stretched to the limit doing both roles, he decided to appoint a COO to help him run the Australian Strategic Business Unit and Joe was the obvious candidate.

The HR machine swung into gear and the new organisation structure was designed. The COO job was created and all of the Australian executives who once reported to the CEO, would now report to the COO.

A few of the Australian executive team, in functional roles, would also continue to report to the CEO, but in Joe’s APAC director role, those employees would essentially have two managers, and work with each of them depending on which context they were serving, just like in any matrix organisation.

It was anticipated that some of the decision making between the CEO and the COO may be tricky, so decision rights, for the two of them, were documented to provide clarity on which decisions would be made by whom – largely the CEO would make the strategic decisions and the COO the operational ones.

This new structure would be a good solution to ‘fix’ the overstretched CEO ‘challenge’, and help better manage the Australian business, which was underperforming and under pressure.

It was an exciting step up for Joe too, the next edge in his career and recognition well deserved. Joe was appointed, and the communications rolled out.

WHEN OUR SOLUTIONS BECOME OUR PROBLEMS

Quickly, ’noise’ started to surface in the organisation. The high-potential COO was struggling to lead the executive team. Murmurings were emerging everywhere.

What was wrong with Joe? Was he the wrong appointment? Had they misjudged his capability? Was he not up to the ‘bigger’ job?

He was even starting to doubt himself a little.

Joe started working with a business coach, where they stepped up onto the ‘balcony’ to observe and ‘map’ the system he was in, to understand what was going on. From this perspective, a ‘whole’ new picture started to emerge.

The ‘problem’ didn’t reside with Joe alone, but in the complex, messy, ambiguous system that had been created with the restructure. Of course, it had not been designed intentionally to set up the COO and system for failure, just the opposite. However, what was missed was the complexity and systemic, or relational, reset required between all the roles in the executive team.

Only one job had been added and formally changed, but all the roles of the executive and how they related to the COO and CEO, had to be reframed and repatterned to enable the new structure to work.

A new systemic contract and ‘rules of engagement’ had to be agreed and lived by the whole team. This was not just a simple ‘technical’ fix.

ALL BEHAVIOUR IS INTERRELATED

So, what did Joe and his coach observe from the ‘balcony’?

  1. The COO was technically no longer a peer to the rest of the Australian executive team, he was now their manager, but he was struggling to step out of the peer role, as were his new direct reports, who in the main were choosing to remain his peer as well; their pattern of relating remained the same even though officially the reporting line had changed.
  2. Some of the executives that Joe was now managing were actually still his ‘peers’. So, they were both his peers (in the region) and direct reports (in Australia) which made it trickier, as they didn’t always know from which role they were engaging with each other.
  3. The CEO was co-creating this pattern as he wasn’t entirely ready or prepared to stop being their manager and he continued to engage with the whole executive from the old role when he chose to. Behind the scenes, when Australian executives didn’t get the decision they wanted, or got one they disagreed with from the COO, they would triangulate the decision with the CEO, and often get it overturned.
  4. The CEO at times would attend the Australian executive meetings, but there were no ‘rules’ about when he would attend and in what role, so these became really messy, with both the CEO and COO leading the meeting and tripping over each other.
  5. Whilst the demarcation of decision rights had been documented between the CEO and COO, as strategic versus operational, the CEO would at times in Australian executive meetings, ‘publicly’ challenge and sometimes change operational decisions the COO had made, because these were ‘strategic’ decisions in his mind, or if he had a different opinion.

And so, the ‘system’ artfully said yes and no at the same time.

Reporting lines had changed, the restructure had happened, but the ‘system’ remained the same. The executive still ‘reported’ to the CEO.

Everyone was complicit in maintaining the old system of relating between the roles. The CEO and most of the executive team were as much part of the problem as the COO.

Unless they all stepped into a different role, in relation to the COO and allowed him to manage, the system would be stuck here in this ‘noise’, and the COO would probably become a casualty.

They were caught between these two ‘contexts’ one explicit and one implicit. The problem seemed personal and individual, with Joe, but really the system was the problem and had to be repatterned. In this newly created context Joe couldn’t shine, or do his job, no matter how competent he was. This was starting to impact business performance too and would only get worse!

A new pair of systemic glasses

Once this became visible to Joe, and he was wearing this new ‘pair of systemic glasses’, he knew exactly what to do. He needed to step into his leadership role, stop being a peer to his new team, and establish new ‘rules of engagement’ with the CEO for navigating the messy and ambiguous context they were both in.

A new way of making sense of our leadership and change challenges

We have a multi-billion-dollar leadership development and change industry mostly based on interpersonal, psychological and technical assumptions.

Human and Technical Capital, the ‘fill and fix’ model is how I describe it.

The research tells us that in the main we only get a 20 percent return on this investment, and yet we continue to use the same thinking, approaches and methods.

What if we were able to bring more of this systemic paradigm, thinking and methodology to our organisational change and leadership development models? Develop Systemic Capital?

Perhaps, the time has come to reframe our dominant assumptions and develop a new map for leadership and change in our organisations? Would we not get a better return on investment (ROI)?

In this case, the individual coaching initiative for the COO led him and his executive team to apply this lens and methodology to the wider business performance challenge they faced, which resulted in the business moving into organic growth for the first time in almost two decades.

https://orgonomix.com.au/

About the author

Joan Lurie is the director of Orgonomix, one of Australia’s leaders in systemic change, organisational strategy and leadership development. She is also the creator of ‘Orgonomics’    – a proprietary systemic methodology, designed to help top-tier leaders fundamentally transform their businesses and thrive in the ‘gig economy’. Working with the CEOs of some of the country’s largest businesses, Orgonomix works to uncover and implement ground-breaking systemic changes, reframes roles and perspectives, and re-patterns organisations for new ways of operating to achieve higher order functioning and performance.

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