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Leaders Who Capitalise On These Opportunities Will Set Themselves Apart

The pandemic is moving us into the future and creating a host of opportunities - a professional renaissance. In 2014, global futurist, best-selling author, and speaker Jack Uldrich remarked: "the future does not belong to 'a place.'" The pandemic has fast-tracked us towards this future.

As a result, we are experiencing a dramatic, systemic, and permanent change in many areas of life, particularly in our workforce. Enormous productivity advantages await companies that can take advantage of potential increases in productivity, skills, and compensation rates by hiring the best people wherever they live.

Companies that can execute a seamlessly integrated approach that maximises the value from this potential exponential growth in creativity, diversity, and efficiencies will see productivity expansion and increased profits. Of course, this is easier hypothesised than executed, but with the entire world working on seamless integration and explosive value coming from incremental and step-change value creation. It is a good bet to see dramatic improvements soon; this is what we might expect.

Leaders who capitalise on these opportunities will set themselves apart with greater agility, emotional intelligence, and authentic communication. The winning leaders of the future will be empathic, engaged with their teams, and skilled at delivering impact on challenging problems.

Insights from "Location, Location, Location - Not Anymore" by Chris Swan.

IMD World Talent Ranking 2020
imd.org

The IMD World Talent Ranking captures the capacity of an economy to develop as well as attract talent to strengthen its competitiveness. Countries are scored across three factors of Investment & Development, Readiness and Appeal.

"The latest ranking suggests that most economies that perform well focus their talent development efforts in every stage of the educational process. From primary education to tertiary, to apprenticeships and continuous work training, enhancing the skills and competencies of the work force is important. The top performing economies are open to both people and ideas. Finally, in the difficult times of social distancing and working from home, keeping the employees motivated contributes to the talent competitiveness of an economy."

Read "IMD World Talent Ranking 2020" leadership insights

Location, Location, Location - Not Anymore
linkedin.com

The pandemic has accelerated trends as nothing else could. We are experiencing a dramatic, systemic, and permanent change in many areas of life, particularly in our workforce. Chris Swan peers into the future to explore what we might expect:

  • The sweeping change of in-office employment
  • Impact on immigration and education
  • Leaders the future demands
  • The future is brighter than you think

Read "Location, Location, Location - Not Anymore" leadership insights

Project: Core Strength
sladegroup.com.au

"It's no longer candidates who are nervous at interview; it's now hiring managers who are anxious about identifying the character traits they'll need to survive and thrive beyond the impact of COVID-19. This is as true for Boards and CEOs as it is for recruiters and line managers."

This study uncovers the employee attributes that will enable organisations to thrive in uncertain times.

Read "Project: Core Strength" leadership insights

The Now, The Next, and The New Normal
aesc.org

"It's important to take lessons out of this rather quickly. So, what can you learn out of this crisis? What can you do? How can you shape your solution? How can you shape your services? How can you shape the sale of your product? This is pretty much something that every single industry or every single client has to think about." - Ullrich Ackermann, Chair of the Board at TRANSEARCH.

Ullrich shares his views on dealing with the ever-evolving status of organisational life, with the AESC.

Read "The Now, The Next, and The New Normal" leadership insights

Which Strategic HR Challenges are Companies Facing?

Which strategic HR challenges are companies facing for the remainder of 2020?

1) 53% - Maintaining efficiency while working from home.

2) 35% - Reducing headcount in response to new business pressures.

3) 30% - Changing work schedules to accommodate different ways of working.

Insights from "The Key Challenges and Opportunities in Human Resources" by TRANSEARCH Romania.

Diversity, Equity and Inclusion 4.0
weforum.org

"Successful organisations are powered by the diverse opinions, skill sets and life experiences of their employees. To tap into the full potential of human diversity, organisations need to hire diverse talent and create an inclusive working culture underpinned by a fundamental sense of belonging, fairness and equity, enabling people to bring their 'full self' to work."

Read "Diversity, Equity and Inclusion 4.0" leadership insights

5 Tips for Communicating with Employees During a Crisis
hbr.org

Communication during a crisis is critical for employees as they increasingly look to their leaders for guidance and support. Recent empirical research identifies five key leadership takeaways to improve employee satisfaction with how they are dealt with during this pandemic:

  1. Communicate frequently.
  2. Provide safe channels for giving feedback.
  3. Help employees work at home effectively.
  4. Address concerns about job security.
  5. Provide a plan for the future.

Insights from '5 Tips for Communicating with Employees During a Crisis' by Brooks Holtom, Amy C. Edmondson and David Niu, via Harvard Business Review.

Read "5 Tips for Communicating with Employees During a Crisis" leadership insights

Facilitation is like skiing. Preparation, practice and picking the right line are essential

Facilitation is like skiing. Preparation, practice and picking the right line are essential. In other words, know your audience, know the outcome desired, and introduce a facilitation approach (style) that best fits the situation.

John Burdett outlines four facilitation styles. One size doesn't fit all. A masterful facilitator sees the four approaches as a rich pallet of behaviours to be mixed, matched and blended as the situation demands.

Insights from "Facilitation - the Forgotten Art" by John Burdett.

Excellence in facilitation shares much with what it means to be an outstanding coach

Few companies teach facilitation as part of their leadership development agenda. And yet, if we want collaboration, if we want to grow teams, if we want to challenge talent in a meaningful way … being able to get the best out of meeting of minds becomes pretty important.

Excellence in facilitation shares much with what it means to be an outstanding coach:

  • Humility
  • Conduct with a hidden baton but don't start to play any of the instruments
  • Come with a beginner's mind … be open to being surprised
  • Pass power to the participants
  • Ask great questions
  • Push for clarity around what the real issue is but avoid suggesting potential solutions
  • Listen, listen, listen
  • Summarise what has been agreed to
  • Push for objective action regarding next steps

Good luck on your next opportunity to facilitate. It is one of the most difficult but at the same time rewarding leadership skills. Remember, from a career perspective, bringing the best out of a group session is something of a forgotten art.

Insights from "Facilitation - the Forgotten Art" by John Burdett.