Event: The Conference Board 2006
Leadership Development Conference—Developing a New Cadre of Global Leaders for
Top-line Growth
May 24-25, 2006, at the Coronado Island Marriott, Coronado, California
What: The Conference Board is a major business membership organization
with a global network of nearly 2,000 businesses and organizations in 61
countries. Conference Board sessions provide executives with an opportunity to
share practical business experience, rather than theory, primarily from senior
executives from major organizations.
Conference info: For more information about Conference Board events, go
to www.conference-board.org.
Thursdsay, May 25, 2006
Show notes: It’s a small world
Nobody likes a jerk: Across the world, there are some leadership traits
that are universally endorsed and some that are universally rejected, according
to a presentation by researchers from the Center for Creative Leadership. Citing
a study of 62 societies, Kelly Hannum and Marian Ruderman said leader attributes
that are considered positive around the globe include being trustworthy, just,
honest and "excellence oriented."
Among the qualities of leaders that everybody seems to hate are being irritable,
egocentric, ruthless and dictatorial.
There are other traits that can be bad or good in a leader depending on the
cultural context, Hannum and Ruderman say. These "culturally contingent"
attributes include being indirect, enthusiastic, cautious, independent, logical
and ambitious.
"High-po" problems: During day two of the conference, more questions were
raised about programs to give lots of corporate love to "high-potential"
leaders. Cara Capretta Raymond, president of leadership specialist Lominger,
says companies these days err with such programs in two ways. First, they
identify too many people. While some firms earmark 11 percent or more of their
leaders as high potentials, they really should narrow the programs down to just
2 percent to 3 percent of rising stars, Capretta Raymond says. Second, she says,
companies with high-potential programs can neglect to create development plans
for "high-pros."
These are great performers who may not be seen as future executives but are
nonetheless crucial to a company.
"Your ‘high-pros’ are just as important," she says.
Executive exodus? Capretta Raymond also advised companies to start grooming
employees 30 years old or less for the chief executive officer slot. She cited
research that CEO tenure is down to a median of five years. And she warned of a
major departure of leaders in the near future.
"About 75 percent of our top leaders are going to retire in the next five
years," she says.
Building with BRICs: Doing business in the emerging markets of Brazil,
Russia, India and China is at once challenging and rewarding, officials with
tech companies Corning and Agilent Technologies said during a presentation.
Teresa Roche, chief learning officer at Agilent, says Chinese people who lived
through the country’s infamous Cultural Revolution tend to be relatively
risk-averse. On the other hand, she said there’s a hunger for self-improvement
in emerging markets.
"Expectations for learning, development and growth are high!" Roche said in
prepared remarks.
Rick O’Leary, a director at Corning, predicted highly educated leaders from BRIC
countries will fill posts in the United States—a twist on the way U.S. execs
have traveled to head overseas units.
"You’re going to see a lot more of those leaders in the U.S., kind of being an
expat to us."
--Ed Frauenheim
Show notes: All Together Now
Date: Wednesday, May 24, 2006
What a difference a decade makes: Leadership development matters more to
companies than it did 10 years ago, and leadership has a strong social
component. Those are among the themes at the Conference Board’s Leadership
Development Conference outside San Diego.
Ten years ago, specialists in training and development complained that company
executives didn’t see the value of nurturing future leaders, said Beau Parnell,
director of the leadership development group at software giant Microsoft. CEOs
now see grooming senior managers as a priority, he said. Meanwhile, jobs at the
top have come to require a broader understanding of the entire company than they
used to. Previously, "you got away with hiding in your department," he said, but
leaders today "must understand the whole system."
Lone cowboys vs. powerful posses: Good leadership is about more than just
talented individuals making the call, suggested a number of speakers at the
conference, which attracted about 150 people, including company executives and
vendors of leadership development products.
In a session titled "From Command and Control to Creative Debate, Influencing
and Collaboration," Rob Reindl of Edwards Lifesciences detailed his firm’s
attempts to foster frank, civil discussions as part of the company culture. A
"maverick" employee complained that it was tough to bring up the "really tough"
issues at the medical device maker several years ago, said Reindl, the firm’s
corporate vice president of human resources. In response, Edwards surveyed its
employees on the issue of company openness and trained leaders on speaking up
and listening.
The 5,400-employee company now evaluates managers on the topic of "creative
debate" and even arranged for small icons embodying the concept to go on
leaders’ desks and conference tables. In the transparent statue, a
tornado-looking spiral emerges from a heart at the center.
"It’s in people’s heads now," Reindl says. "The icon sits there."
Mapping out the social networks people form in companies can illuminate both
vital employees and the ways business really gets done, according to a
presentation by consultant Valdis Krebs and Chris Chen, a manager at energy
services company Sempra Energy. Krebs said that "social capital"—meaning whom
you know rather than what you know--is an ingredient for success.
"The American mythology is the lone cowboy gets things done, no matter what,"
Krebs says. "But the world doesn’t work that way."
A few stars or the whole constellation? A training program at consumer
products maker S.C. Johnson & Son marks a departure from the focus these days on
"high-potential" individuals. The program, which targets the layer of about 300
leaders just below top executives, deliberately includes senior managers not
designated as rising stars, says Sherry Johnson Metz, director of global
leadership development at the 12,000-person company. "We’re doing more for
everyone that’s in those key roles," she says.
Greater attention to the group, though, doesn’t mean individual accountability
is dead. Bill Sullivan, CEO of Agilent Technologies, said the measurement
equipment maker is in the midst of reorganization resulting in 30 percent of
senior leaders leaving the company. "The people who don’t deliver have to be
replaced," he says.
Buzzword: "General manager." This layer of leadership is getting a good
deal of attention. The new S.C. Johnson training program targets the equivalent
of general managers, and a conference session focused on "The New General
Manager."
Best speaker: Ronan Knox, executive vice president of consulting firm the
Forum Corp. Knox, who called himself a "Scot with an English accent who lives in
Chicago," helped create S.C. Johnson’s leadership training program. He said a
key to the effort was borrowing the "hero’s journey" concept from mythology
scholar Joseph Campbell. The concept--that heroes answer a call, face and
overcome challenges, and bring back a gift to their community--is credited with
being the root of the Star Wars film franchise and can help leaders rise
to new levels, Knox argued. "It is a very powerful metaphor," he said.
--Ed Frauenheim