Showing posts with label leadership. Show all posts
Showing posts with label leadership. Show all posts

Saturday, 19 December 2009

On Risk

by Thomas Heng

Risk is inherent in today's world. Some may believe that in an increasingly risky world, it would be best not to do anything at all and watch the world go by or sort itself out, that it is better to wait till it's 'safe' again. Nothing could be further from the truth.

While it may seem that the world has become a lot more dangerous today than ever before (by the way I would disagree with that, though it will probably best be left to another post!), the opportunity for ordinary people to become all that they can be is also greater than ever. Having said that, it would be prudent to examine the nature of risk before plunging headlong into a venture based on a nebulous concept of reward. For to undertake any meaningful enterprise without clarity as regards its potential risks and rewards is, well, very risky indeed.

It is essential to distinguish between the risks that are external to oneself, and those that are created within. Risks that are solely external to oneself are few and far between; most of the time such risks occur suddenly without forewarning, and can at best be managed only after the event. However, it is precisely the management of risk that can and should be the premise of the individual, that is, risk management is wholly internal in nature.

This insight provides comfort for those of us who feel that life is increasingly outside of our control, that business is becoming unsustainable, and that the future of our very existence lies in the hands of people (or other entities) whom we do not know, let alone understand. One of the keys is in our perception of risk and the occurrence of unexpected events. How one handles major global events is not identical to how another deals with them. Which means that we have the power of choice to determine the precise meaning of each event that 'happens' to us.

A strategic approach to life and business that incorporates the principle of risk management does not mean that we start treating the people in our lives as chess pieces. Rather, it means that we are acutely sensitive to the environment around us, and that we pay particular attention to how, on an individual level, affect others around us, and ponder upon our words, thoughts, and actions as we release them from our inner being.

Friday, 20 February 2009

On Talent

Book review by Thomas Heng

Talent is an oft-misconstrued concept, according to a bestseller by Marcus Buckingham and Curt Coffman. First, Break All the Rules is not nearly as radical as the title suggests. However, it does contain some revolutionary insights into what makes great organisations work, or rather, what great managers in these organisations realise that others already know but somehow don't put into practice. Central to this work is the way great managers approach the issue of Talent, and what they do to harness it for the benefit of all concerned.

In the maze of business jargon, one is bombarded with 'words of wisdom' or 'catchphrases' that seem to say much but in fact mean precious little, or the meaning of these well-intended utterings is so disparate that one is too confused to admit the face, and yet out of sheer frustration, uses them willy-nilly anyway. Surrounding the word Talent are its poor cousins Skills and Knowledge, and its even poorer relations twice-removed, Competencies, Habits, Attitudes and Drive. The key to sorting out this royal mess may be to simply ask, 'Which of these are easily modified through management, and which are not?'

For a start, if the word Talent suggests something that is innate, then Skills and Knowledge are learnt attributes, no matter if one has honed it since age 13 or age 30. For instance, being able to do arithmetic or science is a Skill, as these can be taught by steps. Knowledge however is the sum total of what one, um, knows, for example knowing the Highway Code, or knowing when to close a sale -- one gains Knowledge through learning and experiencing all that life has to offer.

That leaves Talent, which one can best summarise as 'that which is embedded deep within one's being that cannot be passed on easily to another with desirable consequences'. I suppose one of the classic examples would be to train a bubbly, outgoing, spontaneous person to remain cooped up in an office with no windows and one door, where all that needs to be done is typing and verifying accounts, and to expect this person to love doing it week in week out without a single word of complaint! Clearly you would agree that this person isn't really doing a job that s/he loves... Personally, Talent can be further broken down to Motivation (what drives someone), Psychology (how someone thinks) and Sociability (how someone relates to others).

At this point it would be useful to add that Talent is not confined to an exclusive set of individuals; each person is Talented in his/her unique way. The unfortunate situation is that in a 'meritocracy' such as ours, Talents are often suppressed by historical facts of past academic achievements. Take a closer look at the bus captain as he goes about his routine, and see if you can find the unique Talents required to persist in such a role day in, day out. If anything needs to be raised it's not bus fares, but bus captains' salaries!

Conventional wisdom holds that Competencies, Habits, Attitudes and Drive are manageable parts of a whole that, if tweaks often and long enough, will somehow transform the struggling employee into something Perfect. I cannot emphasise enough that nothing can be further than the truth. First let's take a look at Competencies; just what on earth are they, something trainable? Can one truly impart Creativity, or is it something that needs to be drawn out? Great managers are able to identify and discard language that doesn't serve their ultimate purpose: the betterment of the employee for the betterment of all involved.

Habits are behavioural, and can be changed with effort, but then again this requires management of the utmost sensitivity. The best person to drive such an effort is the employee and not anyone else, as it should be one's journey to learn through experience what Talents one already possesses can be best placed into one's work, social and personal life.

Attitudes are innate. There, I said it. The next time you hear someone say 'Change your attitude' you are most welcome to quote me ;-) The key to management is knowing how to best place the Talents at one's disposal; there is nothing worse than a Talented employee placed in the wrong job, as square pegs in round holes would undoubtedly agree.

Similarly, Drive is nothing more than an imitation for Motivation, waiting to be charged with identity theft. I'm not sure why some managers insist on lighting metaphorical fires to see how employees would squirm, as if somehow the Drive would miraculously surface and by some act of God, remain in sustainable fashion. There is only so much fear that can be imparted into employees before they bail out of the organisation altogether, regardless of their affinity to the enterprise prior to the implementation of such scare tactics.

Management is not easy, nor is it meant to be. Lighting fires to uncover Talent is as effective as burning plywood in search of virgin wood; one simply cannot hope to find a particular Talent by destroying the other Talents. However, with a little objectivity, one can still build a decent wardrobe with the plywood one has at hand, while continuing to seek out the virgin wood that one desires.

Saturday, 20 September 2008

On Leadership

by Thomas Heng

There is no success without a successor.
The quality of the leader is not in the leader himself, but in the people he leads.
A leader of leaders has fewer concerns than a leader of followers.

Leaders provide the climate that determines the growth of those who follow him.
The greatest joy of a leader is the successful thriving of his team in his absence.

Leadership requires continual improvement on the part of all members.
Leadership by example is by far the most effective leadership of all.

Leadership is enhanced by personal branding, but personal branding is no substitute for genuine leadership.