Tag Archives: Simon Tedstone

Leaders must be able to give feedback

You cannot guide and improve the performance of others unless you have the ability to give effective feedback. As a senior leader’s ability to perform is based on the performance of others, giving feedback is a key determinant of a leaders ability to succeed.

It is amazing then that so many senior leaders are poor at giving feedback. Many will work around poor performers putting feedback in the too hard basket. Others take a one-size fits all approach to every scenario “I give it to them between the eyes every time to make sure they understand where they are failing.”

There are four rules to giving feedback

1. Do it. Do not put it off; do not leave it. If someone is unaware about the detrimental impact of their performance or behaviour they need to know about it and they need to understand the ramifications. The longer you leave it the harder it gets for both parties.

2. Be crystal clear. Ambiguity destroys the impact of feedback. Either the feedback will have no effect or it will have the wrong effect.

3. Tailor your delivery. As an absolute last resort it may be appropriate to “give it to them between the yes,” however this is incredibly rare. Positioning feedback in a way that the recipient will be pleased, even relieved to have had the conversation will get better results.

4. Agree a way forward. Always give the recipient a way forward, or work with them to agree a way forward. Let them know what your role will be in both helping and monitoring them.

Remember, by giving someone feedback you are doing them a favour. Give feedback in a way that will help others to be grateful for your effort; maybe one day your favour will be returned.

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Australia’s Political Leaders, where are they?

The latest Newspoll (conducted for The Australian newspaper) clearly shows that Tony Abbott and his alternative, Bill Shorten, have both lost popularity with the Australian public. The recently released Reader’s Digest Australia annual Trusted People survey of 2014 listed door-to-door salespeople, politicians, insurance salespeople, sex workers and call centre staff as the least trusted professions in that order. At least Tony and Bill can take some comfort from the fact their unpopularity isn’t just about them, its about their profession as well.

When evaluating CEO’s and their senior management team I review ability from four perspectives, strategic, collaborative, inspirational and achievement.

When considering Tony and Bill’s strategic ability is it in the context of what is best for Australia or how they stay in/get in power? All we seem to hear from an opposition party (the current opposition and their predecessors) is negative, for example both have played the broken promises line very consistently. This constant sniping is at best tactical and is certainly not strategic. What is our big picture vision, what are we trying to be? Can either Bill or Tony answer this?

Collaborative ability is hard to assess without seeing how Tony and Bill work with others, internally and eternally to their own party’s.

Inspirational ability. A leader will not inspire you unless you trust them, why would anyone want to follow someone they don’t trust. The results of the Reader’s Digest Australia annual Trusted People survey would suggest both leaders and their colleagues are short of the mark in this aspect of leadership.

Achievement ability. This is strategy implementation. This is not about agreeing with the action, for example raising the retirement age to 70 is an action regardless if it is a good strategy or not. It would be an interesting case study to list the major actions either party has taken in the last three years. Further more it would be worthwhile noting which of these actions have impacted marginal seats.

Australia is crying out for political leaders who have a big picture view for Australia and not just their own power; leaders who work well with our neighbors while ensuring alignment with our own needs, leaders who have the strength of character to stand by their beliefs and deserve our respect if not always our agreement and leaders who strive for action that is driven by a overarching direction and not the ballot box.

Simon Tedstone

Director, Leading Change Consulting

http://www.linkedin.com/in/simontedstone

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Billable hours, the not so Holy Grail of professional service firms

When monthly billable hours are up everyone is happy, especially the partners. Managers and staff who are billable high performers are the ones that get ahead; they are the firm’s high potentials. Over many years and in several countries we have seen this across numerous firms. When this focus on billable hours becomes dominant we have also seen the following problems that have resulted in poor financial performance and even the demise of a firm.

  1. Who does the work? Partners, and senior associates, in order to meet their own billable hours targets, are doing work that is below them, they are doing work that should be performed by more junior staff. This is detrimental to staff development and even more crucially firm profitability.
  2. Short term client focus.       There is more concern for next month’s billable hours than next years. This can lead to customer relationships being more transactional and transient in nature, in todays more competitive landscape this is a flashing red light for many firms.
  3. Siloed mentality. Partners and managers have little practical or intellectual concern for the firm as a whole instead focussing solely on their own division. In this case the firm exists only to provide some administrative economies of scale for its divisions that then operate as independent business units.

There is no dispute that billable hours are important, however billable hours will only ever be a lag measure. The most successful firms are the ones that focus on next years clients and how best to meet their needs. There are two keys actions they take to do this.

Talent and succession management. They develop and promote partners who can think strategically, work collaboratively and inspire their key stakeholder to achieve great things together. One firm we have worked with to achieve this went from being a top 20 English firm to a top five global firm over a 10 year period.

Client focus. They develop a real value for clients and all things relating to client needs in the immediate to mid and long term. Managers and staff are empowered to make decisions that benefit their clients. Client’s needs are anticipated so solutions thinking is pro rather than reactive.

In todays environment firms that focus on having the best client focused leadership will succeed ahead of their competitors. Firms in the mid tier that are large enough to have critical mass but smaller enough to be flexible are in the best position to do this. All too often it is also these mid tier firms that are most likely to fall into the short term billable hours trap.

By Simon Tedstone

Director – Leading Change Consulting

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Talent Management – the fun side

Talent Management is very serious stuff; when managers and HR discuss talent they always have their extra serious faces on. They are, after all, considering the future of both individuals and the organisation as a whole, so it is worth taking seriously. They pour over work based information and high potential assessment reports (way too many of which are on-line self assessments, but that’s a story for another time) and try to draw conclusions about who is and is not talent.

There is a fun, fascinating and incredibly rewarding side to talent management, it is the reason I work in talent management. Talent management is all about unlocking the potential of people and as a result their organisation. Only a very small minority of employees have nothing more to offer. The trick to the best talent management is how to work with employees to find out what their talent is and how best to grow and leverage it. Talent management is about “win win” relationships between employers and employees.

Talent Management is viewed too simply; it is not about who is good, i.e. high potential and who is not. Neither is it about simply viewing talent against role seniority.

Talent management is about employees understanding their preferences and motivations (something on line self assessments are excellent for) as well as their strengths and weaknesses (no one is perfect). This information is then used to inform the relationship between employer and employee so both can progress in a mutually beneficial direction. This may mean, for example, they consider moving sideways rather than up or becoming a technical expert rather than a general manager. At times, it may also mean employees realise it is time to move on to a new organisation. Some may consider this a risk but it is far better for an employer and employee relationship to end through talent management than performance management.

Talent management is fun, interesting and exciting because it is about unlocking potential and creating a mutually beneficial relationship for all.

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Poor leadership will cost Australian organisations dearly

“Only one in four employees in Australian workplaces believe their managers do a good job,” These findings are the result of a new survey into management by the Centre for Workplace Leadership, a federally funded research centre at Melbourne University and reported in today’s Age newspaper.

Three quarters of staff think they are poorly led.  This has huge ramifications for organisational performance.  Change management, evolution, innovation and restructuring are all things that need to happen to ensure survival let alone success and they all depend on good leadership.  If people do not believe in their leaders these activities are going to be less successful at best and utter failures at worst.

Why has Australian corporate leadership fallen to such a low point?

The wrong people are being promoted and recruited.  Many organisations don’t know or understand what skills and abilities they require in their middle to senior roles.  Furthermore even if they do have some concept of what they need they are not good at assessing potential leaders for it.  Too many organisations are simply putting high potential selection and promotion down to an online survey and good internal relationships.

When new leaders start their roles they are not always set up for success.  They are not supported or guided and helped to understand how their new role requires different abilities to their previous one.  With this lack of “on boarding” new leaders will be inclined to simply keep doing what made then successful in their previous role, after all it helped to get them promoted.  This means new senior leaders (and very often not so new ones as well) keep working at a micro level within the organisation rather than moving to a more macro focus.  This again can be a major impediment to organisational evolution and innovation, i.e. the organisation gets left behind.

Due to a variety of reasons Australia has escaped the worst of recent global financial trends.  However, Australia is no longer in the fortunate economic position it was several years ago.  This is at a time when many of Australia’s global competitors are finally moving forward economically after years of stagnation.  This is a time when Australian businesses need to be well lead, from the top and within.  This is not a time to take a tick in a box approach to high potential identification and promotion, this is a time to do it properly to get the best leaders, deliver the best organisational performance and ultimately the best shareholder return.

by Simon Tedstone

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Poor leadership will cost Australian organisations dearly

“Only one in four employees in Australian workplaces believe their managers do a good job,” These findings are the result of a new survey into management by the Centre for Workplace Leadership, a federally funded research centre at Melbourne University and reported in today’s Age newspaper.

Three quarters of staff think they are poorly led.  This has huge ramifications for organisational performance.  Change management, evolution, innovation and restructuring are all things that need to happen to ensure survival let alone success and they all depend on good leadership.  If people do not believe in their leaders these activities are going to be less successful at best and utter failures at worst.

Why has Australian corporate leadership fallen to such a low point?

The wrong people are being promoted and recruited.  Many organisations don’t know or understand what skills and abilities they require in their middle to senior roles.  Furthermore even if they do have some concept of what they need they are not good at assessing potential leaders for it.  Too many organisations are simply putting high potential selection and promotion down to an online survey and good internal relationships.

When new leaders start their roles they are not always set up for success.  They are not supported or guided and helped to understand how their new role requires different abilities to their previous one.  With this lack of “on boarding” new leaders will be inclined to simply keep doing what made then successful in their previous role, after all it helped to get them promoted.  This means new senior leaders (and very often not so new ones as well) keep working at a micro level within the organisation rather than moving to a more macro focus.  This again can be a major impediment to organisational evolution and innovation, i.e. the organisation gets left behind.

Due to a variety of reasons Australia has escaped the worst of recent global financial trends.  However, Australia is no longer in the fortunate economic position it was several years ago.  This is at a time when many of Australia’s global competitors are finally moving forward economically after years of stagnation.  This is a time when Australian businesses need to be well lead, from the top and within.  This is not a time to take a tick in a box approach to high potential identification and promotion, this is a time to do it properly to get the best leaders, deliver the best organisational performance and ultimately the best shareholder return.

by Simon Tedstone

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